It's tempting to lease again lol

Just keep jumping, we’ll tell you when you get high enough.

 

Why not get your own truck and lease to a carrier? Why take on all the responsibilities and pay for their asset, especially if your take home goal is about half what you can make as a company driver? There’s no way I’d pay for anything that didn’t have my name on the title.

 

Why did you fail? What makes you think paying another companies truck payment is going to be different?
Also if you are only making $1000 a week after all said and done when ur leasing a truck that's a joke. Company drivers make that

 

All that is is a fancy way to get you on a 1099 so they don’t have to pay bennys, you aren’t an o/o, put in a little work and either keep making 80-100k as a company driver or throw 80-100k at a truck and go trucking

 

It took Thomas Edison 1,200 failures before he got the lightbulb right
The Wright Brothers failed in their first two attempts to fly
Henry Ford failed in his first two attempts to start the Ford Motor Company
Colonel Sanders recipe was rejected 1009 times before it was accepted
Michael Jordan was cut from his High School Basketball team....

 

Tommy didn’t invent the light bulb.He improved it.
Thomas Edison had a hand in inventing revolutionary devices such as the movie camera, microphone, and phonograph. But none has been more famous than his improvements to the light bulb, which brought light into the homes of people across the world.

Thomas Alva Edison had been fired from his various jobs seemed as long as the eventual list of the patents he held.

Though the future inventor had revolutionary ideas that would change the course of the industries that hired and fired him, the young man had, in the words of his 1931 obituary in the New York Times, “achieved a reputation as the [telegraph] operator who couldn’t keep a job.”

 

If you go lease, you're still going to have to say "how high" when they say, "jump." Lease purchase driver is a glorified company driver, and I'm not so sure if "glorified" is the right term.

Even if you get your own numbers, it isn't a human telling you to jump.. in that case it's the market depending on where you are in the country. Something or someone is always telling you what to do, more than you realize.

 

So much this.

I don't get the allure of a lease. Drive a company truck, put away 50% of your take-home into savings and investments for 4 years. Say you made $90k at the company job, brought home $60k after taxes and benefits (that's only $1154 per week, so I am overestimating the withholdings) and put half of that in a high-yield savings account (currently making 4.50% APY in mine), and you would then have $132k in the savings account. Use the first $80k to BUY a dang good truck and still have $52k in the savings account. Then lease onto a good carrier, where you call the shots and can walk away with your truck if they start failing you.

The typical lease job is charging you $1200 ever week + percentage off gross in order to pay them for their truck. In the same time frame as the above example, you will pay $250k in lease payments, yet likely never own the truck (or just have paid it off). So you can pay $250k over 4 years to have a 4-year -old truck, or you can pay $80k in 4 years for the same 4-year-old truck, keep $52k in the bank, and actually live off your income along the way.