BEST PLACE TO LEASE A TRAILER
Discussion in 'Ask An Owner Operator' started by Backendboyz, Jun 18, 2023.
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My vote is to buy a reefer. Anyone will get approved if your credit score is over 650 and your LLC is older than a few months. Even at 11% interest rate you will have it paid off in 5 years and could sell it for half of the cost of new. You will actually make money in the long term vs renting is just throwing money away.
For example using numbers off my head (I didn’t check loan calc) you buy a flatbed for $65k. In 5 years you pay $80k with interest. Then you can sell it for $32k. Net monthly cost for the 5 years is $800 and that’s probably on the worst end. Good luck renting for better than that on a flatbed.
I personally wouldn’t do power only.Backendboyz, chimbotano, Vampire and 1 other person Thank this. -
Short Fuse EOD and Vampire Thank this.
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Do you have any flatbeds for at lease ? Rn -
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
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