My husband is interested in being an O/O but our credit sucks, so who is the best and the worst of lease purchase. Close to the DFW of Texas, preferred. Thanks!
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Who to avoid, who is the best?
Discussion in 'Lease Purchase Trucking Forum' started by gjcarr03, Aug 11, 2015.
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Best dry van: Schneider
Best reefer: one of road runners reefer Co.
Flat: ATS, SAMMONS,
TANKER?????
Worst: any other Mega carrier
Or you could actually take the time READ THROUGH THESE FORUMS and spend some time reaserching what may be the second biggest financial decision of your life!
Good Luckstormy379, T_TRUCKER., 88 Alpha and 1 other person Thank this. -
RERM Thanks this.
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Im in a lease purchase deal with a mega, and i drive me a brand new 680 that I'll own in 3 years!!! Lol seriously tho, i think CR england and transam have the BEST LP DEAL EVER, transam pays i think .88 cpm plus fuel surcharge!!! I was making 27 cents with werner so i know .88 cents is amazing, my wife left me because i lost the house she don't know anything i told her im gonna be rich one day after my truck here is paid for she laughed and took the kids, anyways who needs a house when transam can put you in a 150k KDUBYAH!!!! Pay it off in 7 years and im in there baby!!!! Being a full fledged OWNER OPERATOR aint easy, but aslong as i can haul this reefer and make .88 cents im happy with my 125.00 paychecks! Goodluck!
Wooly Rhino, drloveofdfw, Wickedfire77 and 6 others Thank this. -
People just don't seem to get it. I made the mistakes when I first came out on the road. Let's look at this. you start a L/P on a used truck by the time it's paid off if you last that long living off dollar store food. And being stressed out all the time. What do you have. A pile of bolts. And plastic that very few companies will allow you to lease on to their fleet. You will have a constant out of pocket cost for repairs. It's simply not worth it a bit. Ok let's say you do a new truck. Sure you'll have somthing in the end but now you caint even afford Dollie store stuff. You will beg borrow and steal to eat cause your payments and ins are higher.
I for the life of me can not understand why ppl keep doing this. There's post after post after post of ppl who have tried it many diff People IT SIMPLY DOES NOT WORK. As much as I'd like to say there's a magic path to being a O/O it exist as much as a pot of gold at the end of a rainbow. And these worthless L/P gimmicks won't go away unless ppl stop signing up for the crap!!!!
Now I'm not trying to be mean but I'm going to put this as straight fowArd as possible for ALL to understand. It's takes 3 to 5 years to pay a truck off. During that time your still a company driver cause you have no title and can not take that truck anywhere. Right that's right. So why not find a good company job. Learn the industry learn the lanes. Talk to many true O/O and do that for 3 to 5 years save your money and go buy a truck. If you have enough money credit don't matter. Also these truck sales places look at your experience as well. Now if you are unable to manage to save the money then maybe the best thing is to stay a company driver instead of digging your self into a whole upside down because you caint manage money.
Now there are plenty of decent paying company jobs out here it's not a problem to get 1200 to 1500 a week as a company driver if you look around. And you are a runner and not a lazy truck stop bandit in which case a lease purchase would kill you.
If your in a hurry and want to try it by all means go for it. But remember you caint gripe to no body you been warned.GO BOT TRUCK, joseph1135, Slavi and 4 others Thank this. -
wvega182, Milkman719, runningfr8 and 1 other person Thank this.
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Stop with the l/p only one making money is the company.Why do you think all these companies have a l/p program?Your making the truck payments for them then when you realize your dead broke and quit guess what some other sucker takes over the payments and the cycle continues or right before you think you'll have it paid off all of a sudden work gets slow.
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You a anti- l/p crusaders are amusing.
Marky84 Thanks this. -
Facts speak for themselves.How many actually get the truck and gow many fail?
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