Looking For Advice on Leasing

Have you considered just buying your own truck rather than leasing one from a carrier? There are also leasing companies that will do a lease purchase where you own the truck when you make the last payment. Payments will be less with either of those two options and you can take the truck anywhere you want. You could also work as a company driver and save your money and pay cash in a couple of years. There are other options. You don't need to buy or lease a truck to earn a good living in this business. Many company drivers do very well for themselves and their family.

 

Have you looked at truck prices and financing costs? My first thought is that this too cheap and they must be still doing the JBH residual.

 

If you read my post on LP's you will see I am not a conspiracy person. But JBH is a different company since the old man passed away. You will notice why you are there that they change the lease for new people on a regular basis and change the rules of how you run as well. Won't be a big deal until you get a year in then the rules will not line up with your lease but look good for new lease. Another thing to be ready for is to make sure that you come with all of your documents to orientation. They are just like all the companies that will book 3x the drivers they need or expect to have trucks in (and they will say "don't worry, trucks are returned everyday" - that should be your biggest clue) and will look for reasons to send people home.

 

The price for the truck seems reasonable. Hopefully it is not one of those 1,10 per mile plus fuel surcharge kind of deals, otherwise that surcharge will be your drivers pay

 

07' freightsaker for $40,560.00, to much, is there a ballon at the end of the lease, or title in hand?, How about warrenty?, 07' could have been buid in april of 06', how many miles on the truck? size of motor?, torc rating on the trans?, Whats you pay scale with a lease that old?

 

Bob,

How is it going over there with the LP?

 

Hey bob how did the lp workout with jb? Hows the loadboard and what is percentage on linehaul. Very curious about how this went and details..ive been with jb a while as company dcs and been doin very well since day 1 and been contemplating the lp on the load board and percentage pay with them. Hope to hear from you