what gets me scratching my head, is that there are so many out there eager to squash anybodys idea of leasing a truck, will come up with a hundred reasons 'not to', but nobody has a good alternative. If leasing a truck thru the same company you need miles from to make said truck payment is so bad, then tell me who out there is hiring drivers with their own truck who has it financed thru a 3rd party?? You can't get a driving job with them till you have a truck, and no bank will finance a truck when you dont have a confirmed job....so its kind of a catch 22. I'm not about to go to a bank, ask for a $60k truck loan for 3 or 4 years, then struggle to find a company to work for. Companies can still be super picky who they hire cause there is real no boost in freight to justify hiring drivers like all the bottom feeders were doing a year or so ago.
so, everyone has reasons NOT to do something, how bout an idea for a solution??
Leasing a truck
Discussion in 'Experienced Truckers' Advice' started by BoDarville01, Nov 18, 2009.
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So your going to pay $2100 a month for 4 years for a ####### Prostar! And pay a total of $158,000 for a prostar . That's just the payments and balloon payment. You realize how stupid this is don't you?
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yeah..sorry..."dont do it" isnt a quality response when asking for alternitives. With things the way they are, you tell me who would hire someone with 13 mo experience. And in my situation, i'm unable to buy outright a truck and finance it thru a 3rd party. Swift dont do that anyway. i'm happy with the miles i'm getting, i dont like being under forced dispatch.
i hear the stories of drivers who lease a truck, get within the last few months of the lease, and then the company starves them out of miles, and they get the truck back, only to lease it to another driver for full price. I'm sure that happens, but it don't happen to every driver out there. if a driver is making the company money, they'd have no need to force them out. i'm asking how much to buy the truck outright off them. wanna see what they'll say. -
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Bo,
I understand your enthusiasm for wanting to be an o/o and make more miney. However there are better options. Most if not everyone will agree with me when I say you should not let your employer be in charge of both your truck payment and mileage. I know I am student but I am trying to help you not get royally screwed. Have you looked at Lone Mountain truck leasing, Freightliners first time buyer program, Paccar Truck leasing? All allow you not to be drowned in debt from a fleece lease. I'd be willing to bet $$$ that you for 3x less you could get a good used truck with the remainder of the warranty.
KH -
Mercer
Lonestar
EW Wylie
Dart
AAX
Do I need to continue?
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