Quality leasing?

Discussion in 'Lease Purchase Trucking Forum' started by Wanderer1, Mar 12, 2015.

  1. blsqueak

    blsqueak Road Train Member

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    Anywhere from $1.15 to $1.17/mi, depending on length of run, and I have to say that I am lazy and only ask for 2800 miles per week, and after ALL expenses, my net to the bank, around $1300-$1400. I do not gross that much per year because I fly out of the country every 4 months for couple of weeks. My sanity is worth more
     
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  3. Big- countryk5

    Big- countryk5 Bobtail Member

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    Jun 22, 2016
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    I was wondering if there was a end to this thread..... MY HEAD HURTS!
     
  4. Moe3000

    Moe3000 Bobtail Member

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    Jul 5, 2016
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    What's up man can u tell me any new information about these guys. I'm thinking about going to quality to lease a truck on with them
     
  5. TruckerNerd

    TruckerNerd Light Load Member

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    Jun 20, 2015
    Orlando, FL
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    Quality will provide you with a truck last time I was there 2016 $695, 2013-2015 $500 & up weekly. My 2006 truck is $300. You have to look over the used trucks with a fine tooth comb they only cover DOT issues upto 30 days and even then it's like pulling teeth. Just make sure you pick a good company and you should be fine.
     
  6. Big- countryk5

    Big- countryk5 Bobtail Member

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    What's my chances of a 2006 truck? Are they plentiful?
     
  7. TruckerNerd

    TruckerNerd Light Load Member

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    Jun 20, 2015
    Orlando, FL
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    Low I was lucky to get mine Quality tries to push their Prostars(maxforce) pretty hard. But you might be lucky my truck is still running strong now that I drive for a company where I can get her the TLC she needs. So I can save up and buy my own, I refuse to pay $64,000 at the end of my lease for an 2006 worth less than $25,000. But I'm still grateful to Quality for the opportunity managing my own business with their truck.
     
  8. Bluepride2007

    Bluepride2007 Bobtail Member

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    May 10, 2016
    Florida
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    I am considering a lease with quality, what are some of the better companies on their list, in the opinions on here. I don't have to make a fortune, but would like to bring home decent pay.
     
  9. josephhighfield

    josephhighfield Bobtail Member

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    Nov 7, 2013
    Marshall Texas
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    Quality leases you the truck. You choose which company you lease it onto. There are companies on their list that allow you to procure your own loads as well as run off of their boards. This is completely based on which company you sign your truck onto. Therefore, this would qualify as a "real O/O" per your description in regards to freedom. In regards to ownership you are entirely right. Thru Quality you are a lessee not a borrower or owner.

    Like many others I have been doing extensive research into the pro's and cons of quality. As well as finding some success stories and quite a few failed attempts (my condolences and respect to those who tried and failed).

    I myself was referred to quality by a very wise man in the industry who handles the business/economic management side. His advice was simple. If you don't have the capital, the credit or the experience to become an owner operator. A company like Quality is the perfect opportunity to see if you possess the drive, business acumen and ability to graduate to O/O.

    Why? His explanation very simple. "you can just walk away".

    Cost are higher to rent/lease this unit. Commitment must be extremely high and ability to run a business imperative.

    What a great proving ground. Of course success is hinged on getting a truck that is capable of providiing the opportunity to earn and aligning with a company that has the freight to provide revenue.

    I myself am still in the research stages. I have successfully ran my own non trucking business as well as successfully ran a 20+ unit trucking company in the past. A few years ago I traded in the 100 hour work weeks in the stuffy office, returning to the mobile office with 3 window view. This has got me back to doing what I love. TRUCKING

    However do to slower economic times I don't have the cash flow to finance myself into O/O status. But, to offer another perspective of this Lease Operator perspective. You can lease on your Quality truck to companies that offer you the freedom to run your own loads or theirs.

    I will share as i learn or venture into this process. I will suggest taking the time to look thru all of Qualities trucking partners found on their website. I found no less then 5 that provided a true 0/0 relationship with the L/O regarding freedom.
     
    Last edited: Aug 13, 2016
    Reason for edit: grammar, punctuation
    TruckerNerd, Bluepride2007 and rachi Thank this.
  10. Hamburger71

    Hamburger71 Medium Load Member

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    North Carolina
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    So, these guys lease you a truck and set you with a company (as long as you qualify) and you can walk away at any time, no penalty, no credit ping, nothing?
     
  11. Bluepride2007

    Bluepride2007 Bobtail Member

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    May 10, 2016
    Florida
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    From what I've researched, that is what is said. As long as it's returned in good condition, and I believe it has to be returned to them. If you abandon it, then they will charge you.
     
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