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Lease or Flease Program?

Discussion in 'Ask An Owner Operator' started by longhauler, Jul 14, 2008.

Page 1 of 2
  1. Jul 14, 2008 #1
    longhauler

    longhauler Bobtail Member

    19
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    Nov 16, 2007
    Celestine, Indiana
    0
    Was wondering if some of you would look at Hill Bros. Lease purchase deal and let me know if it looks like something that could be profitable or something that I would lose my backside on. They seem to offer decent trucks w/ Apu's on them, thats a plus, I won't have to idle. To me the payments don't look to bad, but then again I could be wrong.

    All input will be taken into concideration.

    Thanks in advance
     
    longhauler, Jul 14, 2008
    longhauler, Jul 14, 2008
    #1
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  3. Jul 15, 2008 #2
    550hpW900L

    550hpW900L Road Train Member

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    What kinda payments are you talking and what kinda pay are they offering?
     
    550hpW900L, Jul 15, 2008
    550hpW900L, Jul 15, 2008
    #2
  4. Jul 15, 2008 #3
    longhauler

    longhauler Bobtail Member

    19
    14
    Nov 16, 2007
    Celestine, Indiana
    0
    Pay is $.90 for all loaded miles over 350. $.87 for all empty miles.

    As far as payments '05 379 or W900 $300-375 per week w/3yr lease.
    '06 379 or W900 380-450 per week w/3 or 4 yr lease.

    New trucks
    '07 387 428-460 / 3 or 4 yr lease
    '07 T-600 $ 428-460/ 3 or 4 yr
    '07 Volvo 780 $441.46-468.46/ 3 or 4yr

    With APU extra $40-50 per week

    Used trucks 1000.00 deposit, New 2500.00 both refundable.

    they deduct $.05 for maitenence fund till it reaches 5000.00.

    Also get their company discount on fuel
     
    Last edited: Jul 15, 2008
    longhauler, Jul 15, 2008
    longhauler, Jul 15, 2008
    #3
  5. Jul 15, 2008 #4
    550hpW900L

    550hpW900L Road Train Member

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    Walk away, seriously.
     
    550hpW900L, Jul 15, 2008
    550hpW900L, Jul 15, 2008
    #4
    Brickman Thanks this.
  7. Jul 16, 2008 #5
    2fuzy

    2fuzy Road Train Member

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    Granite Canon,WY
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    good way to take 2yrs to go broke
     
    2fuzy, Jul 16, 2008
    2fuzy, Jul 16, 2008
    #5
    Brickman Thanks this.
  8. Jul 16, 2008 #6
    walleye

    walleye Road Train Member

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    Do ya really think it will take two years???
     
    walleye, Jul 16, 2008
    walleye, Jul 16, 2008
    #6
  9. Jul 16, 2008 #7
    bullhaulerswife

    bullhaulerswife Forum Leader/Admin Staff Member Administrator

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    Midwest
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    You can't run a truck on .85 a mile with fuel the way it is now days.

    You'd be much better off getting a truck on your own and getting your own authority. Don't do it, it will drive you to the poor house. :biggrin_25521:
     
    bullhaulerswife, Jul 16, 2008
    bullhaulerswife, Jul 16, 2008
    #7
    Brickman Thanks this.
  10. Jul 16, 2008 #8
    walleye

    walleye Road Train Member

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    If it doesn't drine ya to the poor house, It will drive ya to the nut house!!!
     
    walleye, Jul 16, 2008
    walleye, Jul 16, 2008
    #8
    Brickman Thanks this.
  11. Jul 16, 2008 #9
    longhauler

    longhauler Bobtail Member

    19
    14
    Nov 16, 2007
    Celestine, Indiana
    0
    I'll take everybodies advice and walk away, thats why I wanted to ask the more experienced people. Thanks
     
    longhauler, Jul 16, 2008
    longhauler, Jul 16, 2008
    #9
  12. Jul 17, 2008 #10
    2fuzy

    2fuzy Road Train Member

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    Don't let one bunch of crooks or ten for that matter run you off the idea just use your brain and learn up on what makes a good deal start with learning the rule 49CFR375... is a good place to start and while you run for someone else keep track of what it cost to really run the truck
     
    2fuzy, Jul 17, 2008
    2fuzy, Jul 17, 2008
    #10
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