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The more I research Lease/Purchase the more I realize....

Discussion in 'Lease Purchase Trucking Forum' started by 775mito, Jul 4, 2020.

Page 2 of 5
  1. Jul 4, 2020 #11
    775mito

    775mito Bobtail Member

    34
    37
    Jun 27, 2020
    Montana
    0
    I agree I don't qualify at all to give advice, I wonder why the fail rate is so high, I believe its at 76% so only 24% success. Can get better odds in vegas playing 3 card monte on the street
     
    775mito, Jul 4, 2020
    775mito, Jul 4, 2020
    #11
    Rideandrepair and Cattleman84 Thank this.
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  3. Jul 4, 2020 #12
    775mito

    775mito Bobtail Member

    34
    37
    Jun 27, 2020
    Montana
    0
    What's John Christner Truckings success rate?
     
    775mito, Jul 4, 2020
    775mito, Jul 4, 2020
    #12
  4. Jul 4, 2020 #13
    JC1971

    JC1971 Road Train Member

    2,673
    9,789
    Jul 29, 2013
    Southwestern U.S.
    0
    I think a big part of the problem is the megacarriers always target brand-new drivers with the lease-purchase scheme. The new drivers barely know how to drive a truck and how to maximize their output. Of course they're going to fail.
     
    JC1971, Jul 4, 2020
    JC1971, Jul 4, 2020
    #13
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  5. Jul 4, 2020 #14
    775mito

    775mito Bobtail Member

    34
    37
    Jun 27, 2020
    Montana
    0
    A $1000 per week seem outrageous
     
    775mito, Jul 4, 2020
    775mito, Jul 4, 2020
    #14
    bzinger and Rideandrepair Thank this.
  7. Jul 4, 2020 #15
    D.Tibbitt

    D.Tibbitt Road Train Member

    22,301
    153,425
    Apr 26, 2013
    Gettin' down westbound
    0
    If you find the right program , i think its a great way to learn the business without taking so much risk of actually owning the truck and going bankrupt if u do fail. My company has a fair program and a high success rate. The knowledge i have gained from coming here, really has been priceless. Good and bad , ive been able to see all sides of it .
     
    D.Tibbitt, Jul 4, 2020
    D.Tibbitt, Jul 4, 2020
    #15
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  8. Jul 4, 2020 #16
    775mito

    775mito Bobtail Member

    34
    37
    Jun 27, 2020
    Montana
    0
    Absolutely, they want naive people just like car salesman. The successful ones are probably ones who do research and read the contract.
     
    775mito, Jul 4, 2020
    775mito, Jul 4, 2020
    #16
    Rideandrepair and JC1971 Thank this.
  9. Jul 4, 2020 #17
    Chinatown

    Chinatown Road Train Member

    77,043
    179,906
    Aug 28, 2011
    Henderson, NV & Orient
    0
    I don't know, but the company has been in business many years.
     
    Chinatown, Jul 4, 2020
    Chinatown, Jul 4, 2020
    #17
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  10. Jul 4, 2020 #18
    Stringb8n

    Stringb8n Road Train Member

    1,698
    2,219
    Sep 27, 2015
    0
    Oh it is. Theres some that make it work though somehow. Schneider finance leases trucks, you can take anywhere also. When i called and asked about that it was 9 hundred something a week for a used one plus maintenance deduction (I think) and new one was over $1000, also had a maintenance thing i think to. Or maybe it was just a recommendation on the maintenance. Either way I was just curious what the prices were.
     
    Stringb8n, Jul 4, 2020
    Stringb8n, Jul 4, 2020
    #18
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  11. Jul 4, 2020 #19
    Cattleman84

    Cattleman84 Road Train Member

    10,001
    71,349
    Nov 1, 2017
    The Sticks, Idaho
    0
    Dont kniw how true it is, but.... I have heard of guys making a truck payment of nearly double that each week, or at least trying to.
     
    Cattleman84, Jul 4, 2020
    Cattleman84, Jul 4, 2020
    #19
    775mito, Rideandrepair and Stringb8n Thank this.
  12. Jul 4, 2020 #20
    MysticHZ

    MysticHZ Road Train Member

    5,902
    5,726
    May 28, 2010
    0
    Not did I say you said it was a good truck ... You stated a rather inconceivable concept as a viable concept.
     
    MysticHZ, Jul 4, 2020
    MysticHZ, Jul 4, 2020
    #20
    Rideandrepair Thanks this.
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