How much do companies typically charge for me to lease my truck on?

Discussion in 'Lease Purchase Trucking Forum' started by Regional, Jul 1, 2020 at 2:59 AM.

  1. Regional

    Regional Light Load Member

    134
    21
    Apr 4, 2020
    0
    How much do companies usually charge to lease on my truck?
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. 062

    062 Road Train Member

    3,214
    5,841
    Oct 20, 2013
    0
    A good company should be zero $. Some may require a escrow, but never pay it up front. Have it taken out of settlement.
     
  4. uncleal13

    uncleal13 Road Train Member

    3,012
    4,263
    Apr 9, 2009
    Humboldt, Sk
    0
    Nothing. Some pay mileage with zero deductions, some mileage with every deduction they can think of, some pay percentage then take every deduction they can think of.
    Most I’ve seen charge you a fee ($3,500 where I’m at now) or keep the escrow if you leave without giving written 30 day notice.
     
  5. Regional

    Regional Light Load Member

    134
    21
    Apr 4, 2020
    0
    Does 8 percent sound good? Of total gross with my trailer and insurance. The company has good loads and takes care of paper work. No headache
     
  6. wis bang

    wis bang Road Train Member

    1,576
    1,159
    Jan 12, 2011
    Levittown, PA
    0
  7. Regional

    Regional Light Load Member

    134
    21
    Apr 4, 2020
    0
  8. Regional

    Regional Light Load Member

    134
    21
    Apr 4, 2020
    0
    Yes I make 92% of gross.
     
  9. kemosabi49

    kemosabi49 Trucker Forum STAFF Staff Member

    5,238
    14,242
    Jan 13, 2013
    SW Arkansas
    0
    The company you lease on with has to carry the liability insurance. I'm not saying that they can't charge you back for it but the policy has to be theirs. You carry physical damage and bobtail.
     
  10. bad-luck

    bad-luck Road Train Member

    1,030
    1,012
    Nov 16, 2013
    Baltimore, Maryland
    0
    No company should charge you to lease on. May have an escrow, so you will return their eld and any other equipment. But this will be taken weekly until you teach the amount they have set in place
     
  11. bad-luck

    bad-luck Road Train Member

    1,030
    1,012
    Nov 16, 2013
    Baltimore, Maryland
    0
    That's decent. I am assuming if your getting 92% you take care of your own IFTA?
     
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  • Draft saved Draft deleted