Is there a truck lease charged by the mile?

Discussion in 'Lease Purchase Trucking Forum' started by HarvOS, Apr 8, 2015.

  1. Jamicanexpress

    Jamicanexpress Light Load Member

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    Is there a trucking company that has a great lease purchase program
     
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  3. mnmover

    mnmover Road Train Member

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    If you have customers and no truck, get a leased unit from Penske. Just pay them the lease and the fuel, and if the truck breaks down, they will bring another one.
     
  4. Jamicanexpress

    Jamicanexpress Light Load Member

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    Apr 16, 2015
    Dayton Ohio
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    Nope I'm going to be new to the leasing a truck game and I want to make money just want to know what to look for in leasing then owning
     
  5. MNoutkast

    MNoutkast Medium Load Member

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    A lease payment is 100% deductible. Unlike on a loan where 0% is.
     
  6. MysticHZ

    MysticHZ Road Train Member

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    Actually all the expenses on a loan are also 100% deductible ... the interest is deductible as you pay it and the principal is depreciated.
     
  7. Jamicanexpress

    Jamicanexpress Light Load Member

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    Apr 16, 2015
    Dayton Ohio
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    Thanks so any of u currently leasing a truck
     
  8. MNoutkast

    MNoutkast Medium Load Member

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    Elk River, MN
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    You are correct, you can and should depreciate when you file taxes. However the payment itself not tax deductible and that is what I was trying to get at.
     
  9. Jamicanexpress

    Jamicanexpress Light Load Member

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    Apr 16, 2015
    Dayton Ohio
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  10. cnsper

    cnsper Road Train Member

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    One way or another, you are going to pay either directly or indirectly.

    Is that home grown or home brewed you are not sharing?
     
  11. Ruckie

    Ruckie Road Train Member

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    go to lone mountain lease, lease a truck and at the end just sell it it would make more sense in your situation
     
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