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How much $ should I have stashed away to lease a truck?

Discussion in 'Ask An Owner Operator' started by Robert Eroica Dupea, Dec 20, 2018.

Page 1 of 2
  1. Dec 20, 2018 #1
    Robert Eroica Dupea

    Robert Eroica Dupea Light Load Member

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    Jul 15, 2017
    Nawlins originally, Everywhere now
    0
    I will have a year under my belt before I even think about taking the plunge. We're talking another 6 months. Should I wait til I have like $50k in the bank or can it be done with less? TIA!
     
    Robert Eroica Dupea, Dec 20, 2018
    Robert Eroica Dupea, Dec 20, 2018
    #1
    Rideandrepair Thanks this.
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  3. Dec 20, 2018 #2
    OldeSkool

    OldeSkool Road Train Member

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    Jul 17, 2018
    New Hampshire
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    If you can save 50K in a year I want your old job
     
    OldeSkool, Dec 20, 2018
    OldeSkool, Dec 20, 2018
    #2
    Rideandrepair, Bean Jr., magoo68 and 3 others Thank this.
  4. Dec 20, 2018 #3
    Robert Eroica Dupea

    Robert Eroica Dupea Light Load Member

    90
    60
    Jul 15, 2017
    Nawlins originally, Everywhere now
    0
    I was thinking more like year 2 or 3 fwiw. I'm a single guy with nothing but a cell phone bill.
     
    Robert Eroica Dupea, Dec 20, 2018
    Robert Eroica Dupea, Dec 20, 2018
    #3
    Rideandrepair Thanks this.
  5. Dec 20, 2018 #4
    Chinatown

    Chinatown Road Train Member

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    Henderson, NV & Orient
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    Last edited: Dec 20, 2018
    Chinatown, Dec 20, 2018
    Chinatown, Dec 20, 2018
    #4
    Rideandrepair and Robert Eroica Dupea Thank this.
  7. Dec 20, 2018 #5
    Gdog66223

    Gdog66223 Road Train Member

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    Dec 30, 2017
    Coal Town
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    If your gonna do something like that with 50k I would try to buy a truck.. You can buy a good used truck for $30k... and might even get it cheaper than that if they have the cash right in front of their eyes...
     
    Gdog66223, Dec 20, 2018
    Gdog66223, Dec 20, 2018
    #5
    Rideandrepair, Bean Jr., OldeSkool and 1 other person Thank this.
  8. Dec 20, 2018 #6
    Robert Eroica Dupea

    Robert Eroica Dupea Light Load Member

    90
    60
    Jul 15, 2017
    Nawlins originally, Everywhere now
    0
    I will definitely be leasing from a company to start. Lease for 3 years, save up what I can, then buy.

    I'm basically planning ahead right now. Will be a company driver for the next 6months minimum to a year.

    Would love to hear opinions on what companies are the best to lease from! Saw in another thread that ATS took good care of their lease drivers.
     
    Robert Eroica Dupea, Dec 20, 2018
    Robert Eroica Dupea, Dec 20, 2018
    #6
    Rideandrepair Thanks this.
  9. Dec 20, 2018 #7
    Gdog66223

    Gdog66223 Road Train Member

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    Coal Town
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    If you Lease that 50k will turn into $1,000 in like 6 months... Don't fall for Flease
     
    Gdog66223, Dec 20, 2018
    Gdog66223, Dec 20, 2018
    #7
    Rideandrepair, Bean Jr. and Robert Eroica Dupea Thank this.
  10. Dec 20, 2018 #8
    Robert Eroica Dupea

    Robert Eroica Dupea Light Load Member

    90
    60
    Jul 15, 2017
    Nawlins originally, Everywhere now
    0
    I would but I feel I'll still be too green even with that much saved. I know once accident could wreck me financially. Would rather lease from a company to get my feet wet.
     
    Robert Eroica Dupea, Dec 20, 2018
    Robert Eroica Dupea, Dec 20, 2018
    #8
    Rideandrepair Thanks this.
  11. Dec 20, 2018 #9
    Robert Eroica Dupea

    Robert Eroica Dupea Light Load Member

    90
    60
    Jul 15, 2017
    Nawlins originally, Everywhere now
    0
    What is the chief reason for this? Aren't there at least 1 or 2 legit lease companies out there?
     
    Robert Eroica Dupea, Dec 20, 2018
    Robert Eroica Dupea, Dec 20, 2018
    #9
  12. Dec 20, 2018 #10
    Gdog66223

    Gdog66223 Road Train Member

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    Dec 30, 2017
    Coal Town
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    Yea there is a Thread on here that was posted yesterday by @Rooster1291979 He does Lease like that and he could tell you more in depth detail about how he succeeds at Lease
     
    Gdog66223, Dec 20, 2018
    Gdog66223, Dec 20, 2018
    #10
    Robert Eroica Dupea Thanks this.
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