Check my numbers

Discussion in 'Lease Purchase Trucking Forum' started by Steel Dragon, Oct 16, 2017.

  1. Rackpass 85

    Rackpass 85 Light Load Member

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    Jun 12, 2017
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    Those are my real numbers as reported to me by my accountants! Not a guess! But factual numbers forthe third quarter!
     
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  3. Coronado1785$

    Coronado1785$ Light Load Member

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    Jun 17, 2017
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    I paid 983 fix cost on my lease. That included everything except .07 maint per mile. Trk payment was 580.62 week for 46months on a truck with 230,000. You gotta do without luxurys of car house payments to make it . and alot of PJ sandwich's. Health insurance forget it. Plan on living with friends on hometime as well. It was rough but i completed the lease with 12000 buyout. I had regen issues lost a cam and a rearend clutch work as well. Drove the trk for 6months flipped for new trk. Can be done but sacrifices have to be made. Did my lease with ACT liberty Mo. If that helps
     
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  4. Frank Speak

    Frank Speak Road Train Member

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    May 3, 2016
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    I'm a staunch "power to whatever works for you" kind of guy. Personally, I would *never* do a L/P. The numbers just don't make financial sense for *me*. Some of the fundamental problems I have even before I look at the financials:

    1. If these trucks now days were so great, why don't the trucking companies keep them past 300-500k? Most get rid of them around that time frame because that's when they can maximize their ROI and, also, because that's when the warranty starts expiring. If it made sense to run them to 1 million miles, these cheap arse trucking companies would do it. That's my opinion

    2. These companies have the L/Ps setup to where the only one that can lose is the driver. Seems to me if it were such a great deal, they wouldn't mind having a little skin in the game. As it stands, they don't care if you fail miserably. They can't lose.

    As far as the rate the OP is using to calculate numbers, I think you're high on your estimate. I haven't seen anyone offering $1.50 a mile. Heck, most I see are $1.25 tops INCLUDING the fuel surcharge, which they split at best. Seems to me if I'm fueling the truck, I should get ALL of the surcharge.

    Anyway, it's not for me, but power to you guys that do it. I hope it works out well for you.
     
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