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Discussion in 'Lease Purchase Trucking Forum' started by orangepicker, Aug 7, 2016.

  1. Aug 7, 2016 #1
    orangepicker

    orangepicker Road Train Member

    1,159
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    Nov 9, 2011
    florida
    0
    Ive been looking at a lot of lease option...and found that their are company's yes their are more than one that do this.. that don't even advertise their lease.... you can lease a 2014/2015 with about 300,000 for 350 week fix cost is about 225. maint .06 mile term is 24 months...this is a lease. NOT lease purchase ...it is NOT a walk away lease...if u turn the truck in you will be making the payment till they lease it again... you must put a 1000 down payment...pay is 1.00 mi all dispatched miles practical ....You must drive as a company driver 6 month before you can lease... GOOD OR BAD? whats your opinion?
     
    orangepicker, Aug 7, 2016
    orangepicker, Aug 7, 2016
    #1
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  3. Aug 7, 2016 #2
    DUNE-T

    DUNE-T Road Train Member

    6,379
    14,982
    May 10, 2015
    Detroit, MI
    0
    So fuel is 35cpm, driver pay is 50cpm. So 15cpm is left for repairs? Where is the profit money?
     
    DUNE-T, Aug 7, 2016
    DUNE-T, Aug 7, 2016
    #2
    driverdriver Thanks this.
  4. Aug 7, 2016 #3
    FlexinTarzan

    FlexinTarzan Medium Load Member

    571
    653
    Jan 8, 2012
    Stanfield, OR
    0
    Where is the financial incentive over a company driver making 45-50 cpm.......? Or are we comparing 32cpm as a company driver ?
     
    FlexinTarzan, Aug 7, 2016
    FlexinTarzan, Aug 7, 2016
    #3
  5. Aug 7, 2016 #4
    rachi

    rachi Road Train Member

    4,246
    5,225
    Feb 25, 2010
    SoCal
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    And you dont own the truck at the end of the lease?
     
    rachi, Aug 7, 2016
    rachi, Aug 7, 2016
    #4
  7. Aug 7, 2016 #5
    orangepicker

    orangepicker Road Train Member

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    679
    Nov 9, 2011
    florida
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    let compare this to KLLM lease at .90 mile and .11 maint ...2014 truck payment is about 545 week fix cost 450 week yes u own it in 5 year..do u really want a truck with 700.000 mi and 7/8 year old
     
    orangepicker, Aug 7, 2016
    orangepicker, Aug 7, 2016
    #5
  8. Aug 8, 2016 #6
    RERM

    RERM Road Train Member

    1,683
    1,123
    Dec 13, 2012
    Chicago, IL
    0
    Isn't this the case in a straight loan purchase as well????....this argument escapes me....unless you pay it off at purchase, by the time your done paying it will have a lot of miles.....unless you plan on trading it every 3 years like a mega(in which case a lease is better) then....what's the point?????

    Still, better off finding a % lease....or not,!who knows.....there's more than one way to get a truck ....

    Good luck!
     
    RERM, Aug 8, 2016
    RERM, Aug 8, 2016
    #6
    MysticHZ Thanks this.
  9. Aug 9, 2016 #7
    freightwipper

    freightwipper Road Train Member

    9,366
    11,439
    Mar 24, 2014
    OTR
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    Lets keep it simple all places that pay $1 or a mile or less plus FSC SUCK and should be avoided.
     
    freightwipper, Aug 9, 2016
    freightwipper, Aug 9, 2016
    #7
    RERM Thanks this.
  10. Aug 9, 2016 #8
    Cat sdp

    Cat sdp . .

    19,870
    64,161
    Apr 8, 2012
    Orion's Belt
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    Yes... Even in today's environment !
     
    Cat sdp, Aug 9, 2016
    Cat sdp, Aug 9, 2016
    #8
    freightwipper Thanks this.
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