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Discussion in 'Lease Purchase Trucking Forum' started by Gorilla80, Oct 9, 2022.
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thanks for your answer man
thanks for your answer man -
thanks for sharing that with me man i really appreciate itblairandgretchen Thanks this.
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We don’t know you from a bar of soap, but it’s the general consensus that Lease Purchase is a ‘niche’ category in trucking that exists, but generally does not benefit the participant.
You, to be precise.
That said, a few here have used the model to their benefit. -
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I agree it's more on the individual my question is are you looking for self dispatch have you ever seen or practiced a load board ...what kind of truck do you want do you want a lease a truck then lease on to the carrier of your choice there is so many options...so much to do.your home work on
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Just FYI in my experience long ago the LPs were terrible. Really go in depth if you want to go with one. The problem I ran into along with tons of others was that the rates and miles did not cover the operating costs. That means 50% of the time you were in the hole. The way it worked was you run a good loat out to nowhere then you sit a couple days before your next load, and that load was a low rate bc everyone was trying to get out of there. I am just coming back into trucking, perhaps the programs have improved, but I wont do it again. If I can save up for a couple years maybe purchase and lease on as a complete O/O. That was just my experience, maybe others had better experiences and good luck.Oxbow and blairandgretchen Thank this.
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I ran L/P for Schneider for 8 years. And if I sat, it was because I was out of hours.
It takes some business sense. I would never book a load unless I knew what I was going to get coming out (and could book that at the same time).
Like I said, it's about running a business. And there's 101 different things that roll into the calculation.
I promise you this, @blairandgretchen won't get under a load until he understands exactly what it costs to get back home.
And that's EXACTLY how you should roll.JoeyJunk, blairandgretchen and Gorilla80 Thank this. -
Of course your going on the belief if it’s on the internet it has to be true.For example the guy who disappeared from posting here from USA truck doing a LP trying to claim he made $8500 on a 490 mile van load that p/u one day delivered the next day.you would really have to have no knowledge of freight rates to even try to think that was true.Last edited: Oct 13, 2022
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