Best lease purchase my ###

They are-if you don't need money

 

I just looked at my settlement report, I have brought home 7100 dollars in the last 30 days but I guess you'll call me a liar and you can't make money on lease purchases. My truck payment for a 2016 Kenworth, l this is truck payment only is $2,156 a month, if you go to Kenworth and by the same truck for $165,000, the truck payments at 8% interest on a 60 month term are $2,356. But I guess the numbers lie, these purchases are not for everybody you have to get in them work hard and do what you gotta do, the only reason that I want to lease, is it anytime I can walk away, such as health problems try explaining that to Wells Fargo when theyre repossesing that truck and you're out of work for a heart attack. Just my opinion to each his own

 

I never said they ALL don'the work. If you read my earlier post, I said that I did very well at Stan Koch.

 

A very low percentage of company lease programs work... Just because you fall into that low percentage of successful leases doesn't mean that the larger percentage of the population of truck drivers will do well with lease purchase. It's not just due to them not being hard workers either. The companies always have the upper hand and the majority of them have no concern whether you succeed or not. Even smart people could fail in a lease program... That's why many smart drivers don't lease, they understand that they may be put into a tough position that they have no control over financially and it's all downhill from there.

 

Here we go again, another great lease deal that turns out to be not a great lease deal, will they never learn!

 

Copy and paste to all "LEASE PURCHASE" threads...

 

I ain't touchin this one with a 30' pole......lol.

Atleast I'm not gonna try too. lol.

 

What you didn’t mention.
TAKEN out of settlement PER DAY everyday,not including fuel.
Physical damage 15.00
Truck disability. 1.79
Occ. Acc. 6.15
Bobtail insurance. 1.43
Satellite 1.25
Hs maint. 84.14 (depending on miles)
Lease payment. 75.45
Mobil scanning .19
Satellite ins. .15
Escrow. 3.23 per day until you reach 700.00
188.77 per day everyday

 

He said he brought home $7100, so that would be AFTER all this.