Lease Purchase Programs?

Work and study hard to make yourself one of the 15%. And remember: these trucks weren't invented, designed and built by the majority who used to say it was impractical to sell products all the way on the other side of the country.

 

Sadly I would not argue too much with the 15/85 success failure rates he lists. But then again I spend a lot of time working with new lease ops and it is sad how many have very little understanding into what it takes to be successful in this industry. Years ago I owned a handful of trucks outright and yes I made more money. But then I "retired". A few years and a divorce later I came back into the industry without the means to purchase a truck outright. So I have leased with the same sense of determination and work ethic I put into it when the titles were in my name. I have done well for myself.

 

any link to those stats, thanks.

 

Leases are like witches ... there a good one and bad ones.

It's pretty basic model to find the good ones - your miles to break even should be equal to 1/3 of the amount of miles that you can reasonably expect in a given week ... do that and you can take week off and still never go in the hole.

 

Stopped reading at $.90 cpm. You do know that your check would be $.10cpm, don't you? For you, that would mean a 75% reduction in revenue....you sure you want to do that?

 

After everything is said and done, that's still less than what you will make if you are making $.40cpm or more.

 

Is there any way an driver could clear $1K a week after expenses on a L/O?