You better have some serious,dependable,profitable,
Always can count on freight, available.
And a driver ready to run non stop with very
Little time off.
I worked for a small company with all trucks leased
Through Penske.
Never worked so hard in my trucking life.
Lasted 4 months,never do that again.
The push to make those payments never stop.
On a side note, if your gonna fuel at Penske,
There is no shower for the driver.
So add in 75 bucks a week out of your pocket
To pay for showers, unless you want to stink all the time
Penske truck leasing
Discussion in 'Ask An Owner Operator' started by Khukha, May 18, 2020.
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It is better as a rule of thumb. However under President Trump's new tax law, you can pretty much write off the whole thing, and huge amounts in the first year or two.
Get a cpa to explain that.Midwest Trucker Thanks this. -
Per truck.
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Yes it’s per truck for 3 years. If I drive these team 20,000 miles per month. It cost me $0.21 per mile excludes insurance etc. (only truck payment)..
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Tires included.. it will come with original tires, but after that I believe Penske use re-cap tires.. which aren’t bad. I purchase 3 trucks from Penske and those tires last long..
Everything is included except you damage tires or involve in any accident.. -
Can you walk away at any time, no penalty?
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No, not before lease ends unless someone else lease that truck or someone buys the truck..
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Pretty average. Might get them to come down a couple hundred on the monthly but that’s about it. Honestly it’s no cheaper then owning a brand new truck.
When the 179 deduction wasn’t a law people leased to get the tax write off but you can depreciate truck purchases at whatever amount you want nowadays. I’d buy.Khukha, Accidental Trucker and Dave_in_AZ Thank this. -
How much down?
Can you qualify to purchase?rpad139 Thanks this. -
Yes.. no deposit, required only LLC or inc etc. 12 months in business..
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