Lease/Purchase?

so even after breaking down the numbers, showing you the math, and then comparing that to what you could be making doing it another way, a difference btw, of FORTY THOUSAND dollars a year, you still think it's a good deal? I've got a really nice bridge for sale outside nyc, would you be interested?

 

You can't be selling the Brooklyn Bridge, that's mine.

 

please come back in six months and tell us how it is going. especially with how much more you make vs how much you made as a company driver.

 

I will never understand those who lease purchase. The overwhelming majority fail at it. Why would you give someone else, (the company,) the ability to control your business? Most who go this route say that they don't have enough capitol to buy a truck on their own. To me this is the answer to why they shouldn't be doing this at all. In seventeen years of driving I've noticed the huge increase in companies who do lease-purchases. There's a reason for this and it's not because they are trying to be nice; moreover, I question the integrity of almost all companies who offer a lease-purchase.

 

if i were u i would stay company driver, i'm in a lease purchase now and its great but the difference between mines and yours is i pick my own loads off a load board where as you will be waiting on some dispatcher to dispatch you. i'm sorry but if i'm gonna be a l/p i wanna have as much control as possible on where and when i go and at what rate, i get 65% of the rate , just think if your dispatcher has a bad day it can affect your day as well, and i make more per mile $1.40 is really low yeah it sounds like alot compared to what your making now but when you add in all your expenses you'll soon see 1.40 isn't that good maybe if you own your truck with no truck payment then its ok still low tho. i don't know how often you like to be home but going home too much will possibly cause u to go into the negative.

 

im in the same boat as you as far as living out of the truck i don't have an apt or nothing like that, if you feel your gonna make more money go for it, not sure what truck your getting and warranties you'll have but 1 major breakdown and all that extra money you make will be gone on repair, its more luck of the draw hopefully you get a good truck and not a lemon. i drive less then 2400 mi a week and bring home $1800+ most loads i book pay $2+ per mile, i work less to make more, keep in mind the more miles you drive the higher fuel expense your gonna and have a higher fuel tax.