Why a lease purchase can be a great opportunity!

Oh. I get it now. We wouldn't want constructive criticism from those who are actually trying to help you get in the way of you building a fleet.
Sorry for the interuption. Back to my regularly scheduled clown show.

 

I'd say you didn't learn much in either your 6 years or especially in your last 10 months. And that you paid someone to advise you on your scam. Reminds me of those guys who would SELL you the secrets to make millions on flipping houses. But first you had to send them thousands to attend a seminar, where you sat in an audience of fools, all drinking the Kool-Aid and cheering each other on. Some actually made it, not by attending a seminar, but those who had skills with a hammer, pry bar, paint brushes and a big broom, with money in the bank to be able to finance it with. Not with an imaginary credit line as you propose!!! But I'm thinking you're really a troll, why else would anyone expose themselves to this ridicule and embarrassment. Maybe you need to go find BIG BILL, as he knows exactly how to do this!

 

This makes sense. If you had said you didn't have the money I think everyone would have understood. Your original post sounded as if you had a answer to a age old question. No one is against you. Take the time to read what some of these guys are trying to tell you. This forum is a endless wealth of knowledge. After your done with that use the search feature and read some more. Again I don't think anyone is against you.

 

Most who do l/p I don't believe are very good at math.

 

Have you considered buying a older truck and finding a better carrier to lease on with? There is no quick and easy formula. It's tough. Real tough. Cash is still king, and a paid for truck hauling decent freight still rules.
Trying to keep up with the Jones's of the megas while leasing a mega truck will make you more broke than the Mr. Jones next door.
Twenty grand will buy a nice truck that can make you alot of money. It won't scratch your back and have pop out entertainment centers but will haul freight for roughly .40 a mile. Just a different way of looking things. Not a gaurantee and still risky. Just a thought.

 

Growing your business with loans is the worst thing you could ever do to it.
When an economical crisis happens, first ones that goes out of the business are the ones with the loans.
During oil boom, one guy got 50 trucks, he had another 50 owner operators. He bought $2million worth of cranes with the loan and the oil boom ended and it took only 3 months for him to go bankrupt.
Just be careful.

 

Let me help your number and what you are saying tells me just got into trucking I have a lease truck from quality OK not the best deal when you talking about $ ok fine but I can move it to any of the 100 are so on the list know if my ex did not leave me like how some of these mega leave you at the dog and say find your way home I would not lease OK now about to be 46 my first truck ford l9000 big and bad good credit 5000 down 1150 give are take a month OK now these lease truck are that and some a week and back then 250$ round trip from ft Lauderdale to Atlanta ga. 900 up from ft Lauderdale 1200 to 1600 going down now that is the number you should be looking at but the youth in you needs to park and bring out the man are woman the rate you are looking at is 99. A mile that's not money driver get real I just did a load 3 stop 343 miles 1150 to the truck that is what you needs to look at