Lease purchase has always been good to me. I've paid off a truck, but didn't put away money like I should have and before it became a money pit, I sold it. That was two years ago. I'm now ready with my mindset as well as my work ethic and have decided to change from one lease purchase to another. I intend to chronicle both my departure from my current company, to my arrival and running experience with the new company. The hope is to maybe give insight and help others make their decisions a little easier. While some say that lease purchase is a negative thing, for me, it's been a very positive experience. I've been involved with lease purchase since 2009. New to this so bare with me, but are we allowed to say the name of our company in these forums?
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Discussion in 'Lease Purchase Trucking Forum' started by HAWAIIANTHRIVER, Sep 5, 2015.
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Colt seavers and KeithT1967 Thank this.
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In before the trolls
VolvoTerry, 88 Alpha, Wickedfire77 and 1 other person Thank this. -
Yes you are free to share the company ... Who was the first company and why did you decide to go with a different company this time? Also, why did you chose this company?
truckon Thanks this. -
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alright stupid question. why do you need to rely on the fuel surcharge? why cant you look at the run in miles and figure out what the run pays WITHOUT the FSC?
blairandgretchen and HorseShoe Thank this. -
The fuel surcharge is pay. Why wouldn't you? My current lease agreement pays $0.90 empty and loaded plus a surcharge. If you run for economy, you can do well. It take more work to run 55-62 mph than it does to run 75.
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LP works for many if you have the right mindset and attitude. I completed 2 leases with CRE and purchased the second truck. JCT was a company I had thought of moving to at one time. Glad I didn't but that's not to say they are not a good starter company.
You are moving on, did you purchase your truck? Or do the min (or less) and decide to move on? I know a little about JCT from a few years ago but nothing about AandA. Not that I need to as I found a home for life I believe. But I am going to be interested in your experiance.HAWAIIANTHRIVER Thanks this. -
Company names yes you own name no not if your giving a company a bad rap as some executives do check this web site out, there is always a risk to starting any new business which basically is what a lease is its a business enterprise and your the soul shareholder 90 % of all new business fail so if you've succeeded your in the top 10% of successful entrepreneurs.
HAWAIIANTHRIVER Thanks this. -
One year ago I got .38¢ on the mile for FSC. If I was still there today I would get .09¢. Now fuel is about $1 a gal cheaper. But I get about 7+ miles a gal on my truck. So trying to keep this super simple. A year ago I got near $2.5 a gal from FSC. Now I would only get about .63¢. (I'm sure someone will break out a calculator with more exact figures). Anyway my company then didn't pay 100% FSC. So higher fuel cost made me more money. It's different now that I get 100% -
ok makes sense. good infor
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