The only way a lease would work is if you went to a source outside the trucking industry for the money. Any time you are stuck with a company, you are just a company driver making more money for the company and less for yourself.
One of things I find funny about most lease plan through a company, is that they target people with bad credit. For the most part id you have good credit and a well thought out business plan you can get a loan from your local bank and own the truck.
Mark
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Want to avoid getting burned by a lease-purchase agreement?
Discussion in 'Lease Purchase Trucking Forum' started by rookietrucker, Dec 13, 2009.
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Another Canadian driver, Bashkavelli, Road Killer and 3 others Thank this.
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first so called pay was $41.??
second was $ -120.00
AND claiming a $50.00 cash advance I DID not take!!!
Live and learn i guess.Another Canadian driver, alds, Road Killer and 1 other person Thank this. -
o.o.i.d.a. can't help you if you are stupid. nobody can. if you don't take the time to listen and learn before you do something, you get what you deserve.
"moron" on a job resume may not help much, but it beats lieing. at least the hiring manager iknows what he's getting up front instead of finding out the hard way.Another Canadian driver, alds and Road Killer Thank this. -
READ all the Document, You can get burned BAD by company Lease programs, and others you can make money on, I did with R&R out of Audobon MN. Made killer money, had a brand new truck and They made minimal money on the lease deal, I paid 125.00 more per month than they did, they truly want he Driver to make it,
Another Canadian driver, kuzima93, Road Killer and 2 others Thank this. -
I've only been out here solo for a month now being paid at their rookie rate. in just 5 more months I will be eligible to lease a brand new truck and get paid $.90 a mile. Sounds so good, but I do understand that is a recipe for barely keeping your nose above the water.
I got to tell you that I am very interested in this program but I would probably hire a guy to team up with me to keep that vehicle as productive as possible.Another Canadian driver Thanks this. -
Another Canadian driver Thanks this.
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Another Canadian driver and MarineNewRookie Thank this.
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**Seems almost not ethical that major companies are doing this but see it already. I love the USA but then question what is right is not always legal and vice versus. Unfortunate and almost like the default mortgages that should not have been allowed.
Thanks for the inputAnother Canadian driver and rookietrucker Thank this. -
RUN AS FAST AS YOU CAN....... The reason truckings company's lease truck to drivers young and old 1) is to pass the first line liability to you.2)is to pass tax libility to you.3)I don't have the numbers but if 10% of the trucks leased. Are ever are owend by the driver.
Another Canadian driver Thanks this. -
I was considering doing a lease to own but not after reading that
Another Canadian driver Thanks this.
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