Best lease purchase my ###

Because the fleecers are 90% of them within their first year of trucking. To them it isn't a business, it's look at MY cool tuck.

My neighbor is a retired o/op and after his lease completed he averaged after taxes close to 2,800 per week after all expenses including money put away for repairs and maintenace. Owns his house, buys a new car every couple years and is quite comfortable. Went through 5 trucks using each as a down-payment for the new one.

Priorities have to be right. You got to want to own a business - not own a shiney new truck cause it's cool. The fleecers just want the shiney new truck to show off, and hence 99% of them will fail. They are making up for something - lack of self esteem - which they think a cool shiney new truck will solve.

 

Truth at it's best!

If you don't you'll loose that lease too, lmao.

 

^Yup and a wife will terminate it in a heartbeat and try to take you for everything you have. That's one lease where your in it for the long haul- no pun intended. lol

 

Number posted a few posts ago,tell me a company I can go to work for and make 7100.00 in a 30 day period,and i will turn my truck in today...that was after all truck expenses,now out of the 7100 I paid Obama care at 579.00 and taxes were taken out before settlements at .10 cpm,

 

Been driving 23 years,married 20 of that,she owns a business also and manages our rental properties,I go home when I want and for how long I want

 

Key phrase - she owns a business too. Understands whats involved. Long hours and dedication. Been married 11 myself. Just a house and both cars paid off, but been doing ok.

Yah my neighbor is retired trucker, started as a lease, did well. I've no fantasies, it'll be hard and tight sometimes when you know what you are doing, and darn near impossible if u don't. Ill give it two to three years then give it a shot. Won't know if you never try, and if you never try you wont know. The trick is find a lease you can walk out on reasonably intact if all goes wrong.

 

You are making my point. I don't go around checking what everybody makes, but the only people that cannot stop singing about it are the fleecers. I am just saying, that says something right there.

While I can go over any numbers with any fleecer, there is usually some hard feelings involved, so just to keep the peace, I avoid it. The fact many fleecer's cannot detach themselves from the numbers like other business men can, tells a whole hell of a lot of the story of why they are fleecers.

 

I guess when it's all said and done, you've got to do your homework before entering any kind of contract, let alone a fleece purchase. Remember, if it sounds too good to be true....

 

I've known quite a few lease operators who did quite well running for ATS, and a friend who did ok with QC. I think it boils down to spending habits and the business mindset. If you can save up 15k a year running as company, you'll probably do well in a lease program. If you live "paycheck to paycheck", you'll probably fail as a lease operator. If I ever decide to go back OTR I'll just drop 40k down, finance 20k, and won't view anything as "profit" until my investment is back in hand. Personally I don't see the point in buying brand new unless your running team or heavy haul, depreciation hits hard after a few years. People lease the flashy new aero setups, blow all their income on random things, then throw a fit when freight gets scarce and they can barely squeak out their payments. You can make more than a company driver overall, but those 1st years you will "make less" while you are investing in your equipment. Just my 2c

 

I know a guy doing a lease through USexpress, says its a good leasing program. Agreed, untill the lease is up you wont make any more than a company driver if you are smart, cause most of it better be saved away for breakdown repairs and/or lean times. If you are you are paying your employee (you) too much and the company not enough.