Full service lease

Discussion in 'Questions From New Drivers' started by Tétkontak, Jul 9, 2016.

  1. Tétkontak

    Tétkontak Light Load Member

    89
    14
    Jul 5, 2016
    0
    Just curious to know . cuz I see a lot of truck down the road with penske, Ryder, Nextran unit # then the company name that operate the unit. How that work? Can a single guys or two good partner with good or great credit start with one truck then start a fleet by going full lease or its impossible to do ?
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. Florida Playboy

    Florida Playboy Road Train Member

    4,102
    6,622
    Dec 19, 2012
    Florida
    0
    I read on here that places like Penske only rent to "established" trucking companies. Meaning a guy with a CDL can't just walk in and rent a unit from them.
     
    brian991219 and Tétkontak Thank this.
  4. Tétkontak

    Tétkontak Light Load Member

    89
    14
    Jul 5, 2016
    0
    Basically if you are already set up event with single truck you rent or lease from . I'm guessing it will be a lil bit pricey !
     
  5. againstthewind

    againstthewind Road Train Member

    2,027
    3,164
    Oct 26, 2012
    0
    jeffery like on utube does a full maint lease, he is with sni.
     
    Tétkontak Thanks this.
  6. Wooly Rhino

    Wooly Rhino Road Train Member

    3,367
    5,648
    Jul 6, 2008
    Liberty, Missouri
    0
    If you come up with a business plan that makes good sense to an investor, you can do anything.
     
    Tétkontak Thanks this.
  7. BoxCarKidd

    BoxCarKidd Road Train Member

    4,551
    6,641
    Aug 26, 2014
    0
    Most companies running lease trucks are in manufacturing or delivering their own product type thing. They are making their money somewhere else and trucks are a necessary evil.
    You normally have to have a very good line of credit to lease one. Renting is a little easier but more expensive.
    Does not normally pencil out for trucking companies but I have seen some exceptions. 1st: Make deals on trucks that other companies broke lease or trucks up for sale. 2nd: Saw a company slip seat trucks and had a team with suit cases waiting at the fuel pump when it came in. They ran about 225,000 miles a year on trucks.
    Leasing companies have gotten a lot smarter about not being taken advantage of and controlling their risks.
    Last I knew of was $950 per week but I don't recall about mileage charge. Damage, mudflaps and such is extra.
     
    Tétkontak Thanks this.
  8. Tétkontak

    Tétkontak Light Load Member

    89
    14
    Jul 5, 2016
    0
    Right on that but the way I heard the industry is right it will tough to find an investor
     
  9. Tétkontak

    Tétkontak Light Load Member

    89
    14
    Jul 5, 2016
    0
    I will check it out thanks
     
  10. Tétkontak

    Tétkontak Light Load Member

    89
    14
    Jul 5, 2016
    0
    I'm thinking if you own a truck and have you llc or inc set up for a few months or years you could just switch over to a full maintenance lease if business wise thing is working out
     
  11. Wooly Rhino

    Wooly Rhino Road Train Member

    3,367
    5,648
    Jul 6, 2008
    Liberty, Missouri
    0
    It is my belief that if you right a plan, and I am giving away this idea for free, for $250,000 investment on a 5 year payout at 17% that you can find investors all day long.

    I am not giving away any more information as I still hold all my securities licenses. This is not a offer to buy or sale securities and should not be taken as such. There is always a chance of losses and past performances are not a guarantee of the future. Invest wisely.
     
    Tétkontak Thanks this.
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.