Leased from TEL on to USA Truck

Discussion in 'Lease Purchase Trucking Forum' started by Daddy Titanium, Oct 12, 2021.

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  1. markealy

    markealy Road Train Member

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    Not getting political But I have to say Facts matter I MADE MORE MONEY UNDER JOE BIDEN THEN DONALD J TRUMP......those are facts JOE BIDENS ECONOMY IS ON FIRE....I LAUGH AT 5.00 DIESEL ⛽ WHEN I GET 7.00 A MILE...
     
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  3. Lyle H

    Lyle H Road Train Member

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    Who’s name is on the title of the truck?
    Yours or the company you are leasing the truck from?
     
  4. Jmcdaniel0

    Jmcdaniel0 Light Load Member

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    How long did you have to wait on the truck?
     
  5. 401-Alex

    401-Alex Light Load Member

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    Tollguru app
     
  6. Pepper24

    Pepper24 Road Train Member

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    Depreciation of the value of the truck is by far a better tax advantage.In a lease you only can claim the payments you’ve made.Depreciation you can use what ever amount of the total value of the equipment or truck in this case per year you need.Like I said the only people who do LP can’t buy a truck .If you don’t have the capital to start a business you have no business doing it.Just because someone will put you in a truck for nothing doesn’t make it intelligent to do it.Your talking about start up cost and down payment or cost of doing business.You’re simply trying to convince yourself it’s smart to have very high monthly cost by not investing in your business to have a much lower monthly cost of business.Your logic is very opposite of any successful business.Your saying having the highest amount of overhead a month is smart
     
    Last edited: Dec 17, 2021
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  7. ibcalm19

    ibcalm19 Road Train Member

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    This will be our Final LP Debate before the election:D:D. Over here we our "pro" candidate @markealy & over here we have our "con" candidate @Pepper24. I'm your moderator ibcalm19.
    We begin with no preconceived biases or assumptions:D:D. The rules are as follows no hitting below the belt(it hurts). We only want factso_O:rolleyes:. Your mic will be cut if you lie or begin attacking your opponents family or friends:D:D. We will accept verified documents as well. The debate will end at sundown(EST).
    Shall we begin. Laughter does a heart good:D. Have a wonderful weekend. May the joy of this season surround all of you.:D
     
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  8. ibcalm19

    ibcalm19 Road Train Member

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  9. Pepper24

    Pepper24 Road Train Member

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    I know you’ve been trucking for a year now and have this all figured out.So I’ll make it simple for you would you rather make a $2200 a month payment for the next 4,5,6 years or a $1400 month payment on the same truck.who do you think will make there money back faster
     
  10. markealy

    markealy Road Train Member

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    Great question 1srt question I have is one truck leased and one financed. So I'll take my truck leased then financed hear is why my lease is setfor 4 yrs I know how much my truck is + my truck is 100% right off 4 yrs vs depration value ...plus if look up my truck same is 194k as of today ...what's the interest rate for a 1srt time buyer with a 650 criedit score ...what's the difference between the two ...I ask you ...I know my numbers my truck leased vs bank finance...lease wins for me in my opinion I WILL CHALLENGE ANYONE ON THIS ANY DAY OF THE WEEK ....
     
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  11. Pepper24

    Pepper24 Road Train Member

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    I have no idea what your talking about.Did you read this mess b4 you posted it. I think you’re still trying to say leasing is a better right off it isn’t any better in any way and you obviously haven’t financed any tractor or trailer you have no idea how depreciation works or understand the advantages of depreciating equipment.leasing you can only use in a year the payments you’ve made.And I know you addressed interest financing a truck yes banks want to make money.Are you so lost that you don’t think a leasing company isn’t making money on that truck they leased to you?There lease have the intrest in it.there not tying up there money and not getting a return on it.And there leasing that at a price much higher than there cost.One advantage of buying with money in your pocket you have more leverage with negotiating a price with your lease I guarantee if you’re being truthful you have no leverage you pay what they say
     
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