Want to avoid getting burned by a lease-purchase agreement?

I agree, I just meant if you’re already convinced that you’re gonna lease, at least be smart about it. But yes 99% of leases are junk.

 

Which lease purchase company is the best option for O/O?

 

right now - none

 

Lease purchase is a modern day form of indentured slave.
Wouldn’t suggest it.

 

I know not to do it and I do not plan on it so please only reply with a direct answer to my question. I'm new CDL A and didn't go to trucking school, so very green when it comes to trucking... My question is how much does a typical trucker make during the lease part of the lease-purchase program?

 

0.0

 

Depends on whether or not you know to run a business ... If you do, you should be able to clear $55k to $60k a year, working 40 to 42 weeks a year.

If you don't, you'll go broke and blame the company for screwing you over.

 

Very little

 

Let me get stopped and I'll try.

 

$1.05 a mile + FSC
Qualcomm: $ 17.00
Non Trucking Liability: $ 7.38
Occupational Accident Driver 1: $ 31.15
Occupational Accident Driver 2: $ 31.15
Physical Damage: $ 128.31 ( Truck Value X 0.0440 / 52 )
Deductions will begin on 12/27/2019 **
TEL Lease Payment: $ 665
TEL Security Deposit: $ 125 for 12 weeks.
TEL Admin Fee: $ 12.00
TEL Maintenance Escrow: $ 180 per week
ATBS: $20.17

Notes: This is a Freightliner $1500 security deposit.

TEL contract at Star Transportation Echo account. Now add in x amount of miles and deduct fuel and everything above.