lease purchase

Well, its worth looking at all your options. Most of the leases out there there don't work for most drivers but there are some that do. Good luck

 

Question is, are you familiar with them? If you aren't currently driving for them I wouldn't just sign up and go lease with them. What if you sign your lease and then find out you aren't getting any miles or hate your dispatcher! This is a certain route for failure. Who are you currently driving for? Are you getting miles? Do they have a lease program where you are at now? Have you considered buying a truck instead of leasing one?

 

They " DO NOT HAVE COMPANY Drivers " only L/O's and O/O's so he has no chance of just driving for them.

 

It is a walk away lease, so that may be a good thing.

 

Walk away lease,

or Run a way lease ???

 

The info and references I got on them is a couple of years old. And like a bear report, is subject to change in an instant.

 

well,i apparently work for crst one of the "crappiest" companies out there,when i was solo there was no prayer in hell of me seeing a paycheck and i kept that up for 3 months.after i hired a co driver i'm seeing a steady 1,000 a week take home pay after every single little thing is paid off and i don't have to worry about it.My input on this is in order to make any lease program work you more or less have to team,there is virtually no other way around it.Mind you that is HIRING a co driver,not training a student,and after it's all said and done i make an average of 1,000 a week at the age of 25 with no wife and no kids.that may or may not work for you but i don't particularly mind it as long as i see a paycheck for the amount of money ive invested in this deal.

 

You can make a thousand a week easy, as a company driver...

 

always remember with lease purchasing take the price of fuel and divide that by 6 mpg. then multiply that by the milage that you will run.
3.40 divided by 6= 0.566 x 2500 = 1426.66 for fuel
2500 x .90 cpm = 2250.00 - 1426.66 = 823.34
so you will have to allow appx .07 cpm for repair escrow each week = 175.00
so 823.34 - 175.00 = 648.34 and you still have to make a truck payment out of what you have left. So I havn't been able to find any lease purchase wjere the driver can actually make a living trucking this way unless yo find a company that offers a payment of less than 600.00 a month with a balloon payment at the end and that means that you will have to save all you can to make that payment. hope this helps...

 

Uh, no no no.

You need to add back in the fuel surcharge, which as of last week is about 37 CPM.

2500 x .37 = $925.00

You can see the real numbers from my real lease purchase here.

Good luck,

Jim