HELP! Can a Lease Purchase actually be done successfully?

Discussion in 'Experienced Truckers' Advice' started by HotRod2272, Sep 25, 2025.

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  1. Mr Uturn

    Mr Uturn Light Load Member

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    YES It can be done, and no you dont have to live in the truck and eat #### sandwiches.
    I have seen countless amount of drivers at my company both succeed and fail.
    There is no majic formula.
    You have to read and understand your contract.
    You have to no your fixed costs and schedule.
    You have to no your variable costs.
    You have to have a fuel purchase strategy and STICK to it.
    You have to trip plan your load before accepting if possible. But certainly before you release your brakes.
    Dont accept every load just to be a team player. But also dont be a pain in the balls to your dispatcher and planner
     
    Mr Uturn, Sep 27, 2025
    #21
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  2. Allow Me.

    Allow Me. Trucker Forum STAFF Staff Member

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    LP can be successful, but you the driver need to be a business person as well as a driver. The big issue with LP is the trucking co has a big piece of decisions. They have control over dispatching, truck pymts, repairs etc. You the driver are at their mercy. They can afford to be hit with minus income, you can't. If a 1000 truck operation operates 100 trucks in a part time operation, as an example, they lease 100 trucks off and on to drivers who can't succeed, but the trucks are making revenue (to the co) when they are on the road, that's a win for the co. Because plenty of newbies applying for the job. Seen lots of drivers over the years who are either a driver but not a business man or vice versa. luck to ya'
     
    Allow Me., Oct 4, 2025
    #22
    Gearjammin' Penguin, tscottme, UturnGirl and 1 other person Thank this.
  3. Moosetek13

    Moosetek13 Road Train Member

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    Are you saying to know when to say no?

    Saying no to fixed and variable costs, and schedules, seems like a bad plan.
    Maybe that is where the magic comes in?
     
    Moosetek13, Oct 5, 2025
    #23
  4. MysticHZ

    MysticHZ Road Train Member

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    Can it be done ... yes. Can you do it ... maybe, only if you know how to manage a business.

    The problem with LP is that companies have the threshold for entry so low that basically anyone who can get a CDL is allowed. Then most of them fail becuse they don't have a clue how to manage a business.

    That's the recipe. Know how to start, build and manage a business. If you don't know, either learn before you jump in or find a mentor who can guide you along the way.
     
    MysticHZ, Oct 7, 2025
    #24
    KDHCryo, Moosetek13, Gearjammin' Penguin and 2 others Thank this.
  5. Moosetek13

    Moosetek13 Road Train Member

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    Knowing is taking the cookie out of the oven at the perfect time, after following all the steps to get to that point.

    Nothing in this thread is about those steps; the actual ingredients in the right measure and in the right order, how to mix certain things with others correctly before mixing with the next, the temperature to bake it in and for how long, how to test if it is really done.

    And sometimes, an extra egg can make the difference between a hard or a soft cookie.
     
    Moosetek13, Oct 9, 2025 at 3:36 AM
    #25
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