The odds are in favor of the house

Discussion in 'Lease Purchase Trucking Forum' started by rookietrucker, Aug 23, 2015.

  1. Joec111

    Joec111 Light Load Member

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    Aug 8, 2016
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    My husband will only be a leased driver because he doesn't want to go where they tell him he has to go. My daughter was the same way at school, she hated reading their books. She had a learning disability all through school. Her IEP plan from the school was a trade school. She's 26 and still a book worm, entered a community college without any LD help, and her job trains her in different departments. Happiness in what you do can come from freedom of choice. If he wanted to be told what to do dailey, he would have stayed in the military.

    Also the pay is about the same.
     
    Last edited: Sep 15, 2016
    Reason for edit: Adding a pic
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  3. RERM

    RERM Road Train Member

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    Dec 13, 2012
    Chicago, IL
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    Compass Truck Sales & Finance....my first truck was 25% down, 3 years, 12% finance....595 Credit Score.....

    They have locations in Dallas and Chicago.
     
  4. United Expedited

    United Expedited Bobtail Member

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    Lake Barrington, IL
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    If you have the option always buy or lease on your own in the end you will have more control over the purchase and your earnings. Lease programs within the industry were designed to accumulate asset earnings and yield TCO advantages over the lifespan of the equipment. The idea of owning a truck is so that you can earn more not work for the truck lease payment alone, which unfortunately is an issue we often hear about.
     
  5. 51.50

    51.50 Heavy Load Member

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    Salem Oregon
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    If you lease the truck, you can deduct 100% of the lease payments. If you buy outright, you can deduct depreciation only.
     
  6. Ooops

    Ooops Medium Load Member

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    I stopped at Lone Mountain today to no avail. I have the money , but not enough experience
     
  7. BoyWander

    BoyWander Road Train Member

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    Michigan
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    If Lone Mountain had 2013 or 2014 Freightliners, I would call them, but they don't. I'm not interested in anything else they have.
     
    Ooops Thanks this.
  8. Ooops

    Ooops Medium Load Member

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    Aug 17, 2016
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    What is it that you like so much about the Freightliners?
     
  9. BoyWander

    BoyWander Road Train Member

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    Jul 22, 2011
    Michigan
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    The new DD15 GHG14 model engines have gotten a lot of good reviews, and Detroit seems to be trusted more than the others. Cheaper parts also, from what I have researched.

    But, to be fair, I have not really considered or researched Cummins and Volvos.
    My experience with Volvo trucks has not been too good. I've experienced lots of electrical bugs and engine problems with Volvos I have driven. So that kind of turned me off, not to mention parts are more expensive.

    As far as Cummins, I'm afraid I really have no experience with them nor have I researched them much at all. I'd be happy to consider them if I had reliable information and reviews that I could read at my disposal.
     
    Ooops Thanks this.
  10. #1don

    #1don Medium Load Member

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    Mar 26, 2013
    somewhere down south
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    I know I'm bumping an old thread or at least an Old Post. But I think what he was trying to tell you and the rest of you new breeds. Why does it always have to be about how many miles,miles , miles , miles,miles,miles, get a real job
    .36-.44/cpm is not real pay. It is not about the miles it is about how much per mile or what percentage of the load you make.

    I do believe that was the point he was trying to make
     
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