The best option I've seen...

Discussion in 'Lease Purchase Trucking Forum' started by Barbeque, Oct 25, 2015.

  1. Barbeque

    Barbeque Light Load Member

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    Screenshot_2015-10-25-17-01-53-1.png View attachment 115640 TSH bought IceLine Logistics. TSH then financed the trucks gained. @ 7%. With no balloon. Just like a bank loan. Except if for whatever reason I decided to leave? The truck stays. Unless I can buy it outright. Paying 75% of all loads. Minus the trailer rental. Real numbers 1st 3 weeks in. Truck grossed just under 15k. With less than 7,000 miles. Average of 2,075.66 per week take home. Plus I'm putting 20% in escrow from every load (building up that egg). That $$ would have been much better if last week's freight didn't drop off so much. But still not too bad. They pretty much cut you loose and let you run. You just have to run a truck and watch that fuel. I only get what I need. And no more. Nice truck. 2015 freightliner with a Cummins with 78k on it. Gotta get my hands on some aluminum wheels and a APU. And will probably go after a new trailer next year. But I'm taking it slow.
     
    Last edited: Oct 25, 2015
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  3. HorseShoe

    HorseShoe Road Train Member

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    Nice. Working smart
     
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  4. Barbeque

    Barbeque Light Load Member

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    Lol. It took me 13+ years before I would pull the trigger. I've got my fueling handled. I get about 80% of my fuel being covered by the dh pay. Leaving the majority of the load pay cleared. Lol. That said. I've only completely filled up twice in 3 weeks. Lol. And I never fuel in ky, oh or in.
     
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  5. HeWhoMustNotBeNamed

    HeWhoMustNotBeNamed Crusty Pogosticker!!

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    Looks good. Congratulations. Hope it stays working out well for you. Where did you find out about it ?
     
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  6. Flatbed Valkyrie

    Flatbed Valkyrie Medium Load Member

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    Smart and congrats on your new gig/truck!
     
  7. Barbeque

    Barbeque Light Load Member

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    Lol. I heard it on the radio in Nashville.
     
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  8. Barbeque

    Barbeque Light Load Member

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    Other than freight and knowing how to watch it. I just listened to 1000's of o/o over the years. And I learned how to spot the bs talkers from the real deals. And it comes down to one thing.

    Management.
     
  9. Straight Stacks

    Straight Stacks Paper Cha$er

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    The best option "I know" is save your money and buy your truck outright. But, that's just me. Man, the title w/my name on it still makes me smile.
     
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  10. jbee

    jbee Medium Load Member

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    Q. You running FB, Reefer or Van?

    Sounds like a great gig.
     
  11. HeWhoMustNotBeNamed

    HeWhoMustNotBeNamed Crusty Pogosticker!!

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    it says Tennessee Steel Haulers on the door. Therefore a skateboard.
     
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