Discussion in 'Lease Purchase Trucking Forum' started by fcfightermma, Nov 13, 2021.

  1. wulfman75

    wulfman75 Road Train Member

    Jul 15, 2010
    Athens, GA
    No some people just need to be a dick. They refuse to admit they don't know everything.
    Sirscrapntruckalot Thanks this.
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  3. Studebaker Hawk

    Studebaker Hawk Road Train Member

    Oct 18, 2010
    NW Indiana
    The devil is in the details. None of which can be accurately determined here with the spotty information given.
    Some lease purchase arrangements are in the favor of the carrier, some a neutral in that regard.
    Just like some lease contracts, without the purchase of a vehicle involved are in favor of the carrier, some not.

    An accountant or tax person who is intimately familiar with the trucking industry should be able to advise you on whether the contract is in your best interest.
    But any lease, purchase, contract, or piece of paper is only as good as the integrity of the person(s) who are party to it.
  4. Daddy Titanium

    Daddy Titanium Light Load Member

    Aug 24, 2021
    NW Ohio
    you want proof snowflake? I’ve been in a lease purchase for a few weeks, please let me share my last two settlements…
    After you pick your jaw up off the floor you can say you were wrong.

    so I’ll just say it like this, your wrong, you haven’t done your research and you are making a lot of generalizations and assumptions.

    Attached Files:

  5. fairshake

    fairshake Road Train Member

    Oct 4, 2010
    Chickenville, BFE
    Leasing right now because you said not to, I'll lease em all.
    markealy Thanks this.
  6. markealy

    markealy Road Train Member

    Jun 20, 2013
    Now is the time to lease if you can find one on % pay dont lease at 1.09 mile the math dont work
    VinceBlack and Brettj3876 Thank this.
  7. Brettj3876

    Brettj3876 Road Train Member

    Nov 18, 2014
    Land of local
    How many miles in each of those settlements?
    Roger McG and JoeyJunk Thank this.
  8. skyviper73

    skyviper73 Heavy Load Member

    Feb 17, 2012
    Centennial, CO
    Hmm, I was a lease operator from 2015-2017 and never had a dispatcher. I had a load board with literally hundreds of loads to choose from. I could see the rate and FSC and everything. I did very well and loved the freedom. I had an older truck that pretty much died and was costing me a ton of money in repair bills so I turned it in and didn't even pay any fees.

    I did so well that I ordered a NEW 2023 Freightliner Cascadia that will be delivered in March or April (3 months or so). I'm looking forward to getting back out on the road and my new truck has a really good warranty so I won't be pouring my money into repairs like last time. Yes I know downtime isn't covered. I was born at night, not last night.

    I also WILL NOT BE DISPATCHED! Just like last time I will pick my own loads and make my decisions based on the rates and where the loads go. There are so many options for where you can lease a truck and pick your own loads, you should never let someone in an office somewhere control your business.

    How is a lease payment any different than owing on a bank note (I don't have $185k to pay cash for a new truck.) I get to deduct all my lease payments for tax purposes. After three years I can finance the $50k residual if I want to keep the truck, but if your business model is to have new trucks with a warranty, you can just turn the truck in and get a new one. We can debate new verses used another day. I had a BAD experience with a used truck. But that's just me.

    I know Mercer, Schneider National, and Landstar to name a few companies, don't dispatch you. I was leased to Schneider last time and I'm sticking with them this time around as well. Maybe you should know what you are talking about before you bash an entire group of drivers who earn a very good living doing what you obviously probably couldn't handle yourself.
  9. markealy

    markealy Road Train Member

    Jun 20, 2013
    Leasing is the best thing I have done in 30 yrs otr....
  10. ibcalm19

    ibcalm19 Road Train Member

    Nov 30, 2015
    I want to add a disclaimer to it. Certain companies have changed their leasing method. It wasn't like that before where you were choosing from a load board and they started sharing some of the wealth. You're not hauling for a $1/mile like some others still do with the shiny long nose & broke or borrowing at the end of the week :eek::eek:
  11. goga

    goga Heavy Load Member

    Nov 11, 2021
    ... for whom?
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