Failure is inevitable? Lease to own.

The problem with most failures is lack of financial discipline. Not saving for taxes or eventual breakdowns.

No knowledge of those specific companies. I just had to buy new steers. Just went and bought what I wanted. Expensive but no whining because I had the money for them.

I sleep good knowing that I can replace anything but the motor at this point. I can replace it with a pullout though.

 

Nope, I was broke in January. I sacrificed my pay to build up a quick slush fund.

 

Just about every O/O here will say have 16-20k in the bank , for repairs and problems, before you turn the wheels.
Make sure you understand and know and understand what your cost per mile to operate the truck is.
I don't know anything about the company's you have listed, sorry

 

Have business plan ... not the numbers. The plan is how are you going to achieve and manage the numbers.

 

Definately have at least 20,000 in bank. With lease purchase you will pocket half what a company driver makes after taxes and health insurance is taken out..tried it with JCT for 3 months...

 

Hey man if you wanna live on the wage of fast food workers while being away from home weeks at a time be my guest. That's what's about to happen.

Look at lease form man. 1,000,000,000 threads and pages.


Maybe 5 of those were"successful" with lease. It's in quotations because they went through hell making less then 25% what they could have buying there own outright and paying 125% more then the tractor was worth.

 

no you don't I used all my savings in 1999 for my down payment and I managed just fine of course it would be better to have a bankroll but you can do it with no money too if your smart and a little luck.