lease purchase

Discussion in 'Experienced Truckers' Advice' started by maximusskipp, Dec 4, 2010.

  1. Romans612

    Romans612 Light Load Member

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    Jul 6, 2010
    Dallas Texas
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    I was being quite serious bro.... thank you for your service (devil dog)... I was Army.... :biggrin_25522:
     
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  3. FLATBED

    FLATBED Road Train Member

    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 .
     
  4. Picknflick

    Picknflick Bobtail Member

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    Dec 2, 2010
    Titusville FL
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    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
     
  5. Romans612

    Romans612 Light Load Member

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    Jul 6, 2010
    Dallas Texas
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    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....

    :biggrin_2559:
     
  6. Picknflick

    Picknflick Bobtail Member

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    Dec 2, 2010
    Titusville FL
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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
     
  7. 123456

    123456 Road Train Member

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    That sounds like your signature line.............



    C R A P !!!!!
     
  8. Romans612

    Romans612 Light Load Member

    279
    220
    Jul 6, 2010
    Dallas Texas
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    there ARE a couple drivers here that do that.... its been a thought.
     
  9. Picknflick

    Picknflick Bobtail Member

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    Dec 2, 2010
    Titusville FL
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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
     
  10. HEAVY DUDE

    HEAVY DUDE Road Train Member

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    Jan 5, 2010
    NUNYA
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    Unless it needs a rebuild before its time to sell..............
     
  11. Picknflick

    Picknflick Bobtail Member

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    Dec 2, 2010
    Titusville FL
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    you can not argue with genius :biggrin_255:
     
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