lease purchase business plan

just keep searching and if u do decide to go that route id lease the truck through a seperate company not the company u drive for once u sign the papers they pretty much own you to the point u cant afford to go home or do anything

 

Roehl has a lease purchase program. I have several friends that are in the program. My trainer was one too.

If you don't have a year of experience as an o/o then you have to be a company driver for them for 6 months. Then you can lease.

The guy that's over the dept. for our o/O's recommended me buy 3rd party such as a bank loan and buy a truck from a dealer for the fact of having a slightly lower payment.

If you don't have good credit then you can lease purchase, I believe its 2 truck payments as a down payment.

They also have a walk away lease program. But if you drive the truck for a year and decide you don't want to be a l/o anymore any damage to the truck they find will result in a charge to you.

One guy I know is working on his third truck. Simply because he does not want to pay the balloon payment at the end. Hes making good money and is wanting a new truck rather than buying the truck and trade it in at a dealer.

Their are people that have completed a lease deal. You just have to be smart with your money. Also stay away from the companies that will let you do a l/p program and then starve you toward the end of the lease so that they get the truck back. Their are a lot of them out there.

Just be smart about it as you basically signing a contract with that company.

You can read about roehls program in the roehl thread in the motor carrier section. Good luck with what you decide.

I've thought about leasing, but I don't want to pay on a 2007 Columbia since its not the truck I want. If I decide to buy a truck then it will be one I plan on keeping for years to come.

Ethan

 

I would not do a lease purchase. If I were to consider it I would not make a decision until I had a list of all the costs associated with leasing and the average revenue information. You cannot make an informed decision without all the information.

 

You should understand the trucking industry before you jump into a lease purchase.
Be a successful company driver for a year and then consider it.
Just my opinion!

 

I start orientation with crst malone tommorrow as a lease operator. I will share there business plan as I learn it.

 

I'm still considering lease purchase through our company. I just don't want to buy a prostar which is all their offering for flatbed l/p

Ethan

 

go to mexico and then sneak back into the United States and let the taxpayers set you up as an owner operator.to heck w/that lp junk and the slow trucks-

 

Lol what do you mean slow trucks? Is 75 to slow for you? Haha

Ethan