Anyone Leasing a Tractor From RYDER or Penske? Or Idealease? Long Term Lease.

Discussion in 'Ask An Owner Operator' started by Flying240, May 18, 2019.

  1. Flying240

    Flying240 Light Load Member

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    Hey guys,
    I'm considering leasing instead of buying. This is not my first truck. I just want to try something else. I also want to discuss rates so I know what I'm in for. I want inputs from guys that have actually done it.

    Thank you! Also feel free to inbox me if you don't want something in public.
     
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  3. Scooter Jones

    Scooter Jones Road Train Member

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    Are you talking about a full maintenance lease on a new truck with a certain turn in date?
     
  4. Flying240

    Flying240 Light Load Member

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    Yes I am.
     
  5. Scooter Jones

    Scooter Jones Road Train Member

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    On a 5 year, 500k mile full maintenance lease, I'd think a person should expect to pay around 3k a month, plus an average of $0.10 a mile.

    That's about what the last company I worked for is paying on Volvo/KW sleeper trucks.
     
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  6. Flying240

    Flying240 Light Load Member

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    Thats not bad but I have a quote of $3000 running 10,000 miles/month.
     
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  7. Scooter Jones

    Scooter Jones Road Train Member

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    That's with owner operator specs? Refrigerator, inverter, double bunks, etc?
     
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  8. Flying240

    Flying240 Light Load Member

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    Double Bunk. Truck doesn't come with refrigerator or inverter. They will however install it if you provide it. Shop time of 2 hours at $60/hour.
     
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  9. Scooter Jones

    Scooter Jones Road Train Member

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    Not bad. What is their maintenance mileage rate?
     
  10. Flying240

    Flying240 Light Load Member

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    Mileage is at 0.06. I'm not sure if that what you mean.
     
  11. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    So $3K a month for 10K miles? Or $3K month plus $0.06 mile? What is the extra $0.06 mile for?
     
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