lease purchase
Discussion in 'Experienced Truckers' Advice' started by maximusskipp, Dec 4, 2010.
Page 6 of 8
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all together I pay $505 per week
$505.00 / week X 52 weeks = $26,260 Divided by 12 months = $2,188.33 / month.
And yes if he sells it he comes out a head on it , , getting to be a decent market for used tractors . -
nice thought their but i think your ROI is wrong you buy for 34k you sell for 20k that would be a neg ROI you would have to sell for 56k to get a
66% ROI -
I meant that I am paying on the truck and at the end of it I can recoup SOME of my loses... yes, I classified it wrong as a ROI, BUT.... think about it this way.... IF I sell it for 20k.... that means that I leased a truck for 85 weeks, for 14,000 dollars....
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think about running O/O for 12 months then having enough capital to buy a truck for 21k then L/P to another driver then you have your own fleet and if the other driver does not work out do it over and over again cha ching your L/P truck should cover your truck fixed cost and still end up with a win win
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That sounds like your signature line.............
C R A P !!!!! -
there ARE a couple drivers here that do that.... its been a thought.
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in your 5 yr plan on your third year you go black with very low overhead and very high profit margins
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Unless it needs a rebuild before its time to sell..............
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you can not argue with genius
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