Reasons Not to Lease?

Well that may be true, but then you have to set money aside for taxes.. They won't if you lease. Then money for health insurance, you will need that. Guess who pays.
Would you go buy or lease a food stand right out of cooking class..
Learn the ropes first before you lease..

 

i don't think i've ever seen it put well.

 

Don't fall for the $$ signs. Stay away from companies like England and Trans Am. This industry is up and down. You have good weeks and bad weeks. If you have a bad week as a company driver its all good. Moma is upset but hey she gets 100 bucks to spend on the light bill.

If you have a bad week as a lease operator. Moma get's no light bill money and the next week you are in the hole because they take out truck payments and all of that other stuff. Plus your truck payment for the current week and fuel. So let the company take the loss. Not moma and walmart. At the end you will not have a truck, moma, or wal mart. The company would have a fresh new newbie to continue where you left off. So you never see that extra 15,000 because you quit because you were tired of starving and you have nothing to show for it but depression and a few shed pounds for starving.

 

Notwithstanding the people who've eked out a living doing it, from a business sense standpoint it's suicide to get your freight handed to you by the company leasing you the truck to move it. There are other options, but they require putting your time in as a company driver, being sensible saving your money (for a cash downpayment) and above all, LEARNING as much as you can about the industry you are attempting to work in, and the equipment used in your preferred segment of said industry.

 

Yet another thread on lease... i opened that can of worms on another thread and got my ### handed to me so i know.better

 

your a new driver there is nothing wrong with being a company driver. not all leases are made to make the driver fail but most are. do the company thing for a year and then decide if you want to lease.
It's a big responsibilty to run a truck and be profitable as it is in any business.
good luck.

 

Why stay away from Trans-Am? Whats the deal with their Lease Program?

 

Auto shifter trucks... 1.00 mile freight... elogs... startin to get the picture?

 

Why stay away from Trans-Ams Lease Program?