Hello everyone! Im new here andhad a few questions. Mu husband is a truck driver for 6 years now. the company he is with now just isnt getting the miles it used to. He is thinking about lease purchase. We have looked at various companies and I was wondering if anyone could recommend a good company to sign a lease purchase with? A friend of ours also has offered to buy a truck and reefer trailer for him and they would run produce east to west. Does anyone know if this is a good and profitable idea? Our credit bad so I was unsure about buying a truck on our own. If anyone could help me or direct me to where I need to be I would appreciate it so much. If lease isnt a good idea then are all companies losing miles right now? Any good companies to drive for?
husband intersted in lease purchase
Discussion in 'Ask An Owner Operator' started by ctt, Apr 15, 2009.
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Freight is slow across the board. As a company driver making 33 cents a mile or so it's pretty bad, but with a lease right now it's worse. The fixed expenses require about the first 1800 miles a week to cover those, and then you can start to make some money after that. But with miles being just about 1800 +/- a week, you're basically working for the truck some weeks, oweing after a week's work other weeks, and then making $300 or so on good weeks.
It just doesn't pay right now and companies are pushing it to get their trucks paid for and freight delivered basically for free, and no shortage of takers in site. This story is reported over and over again in the forums.
I can't imagine why someone would offer to buy you a truck and trailer, but maybe you could expand on that. These things rarely turn out how they are envisioned once things get put down to paper and expectations are defined. -
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NOW YOU STARTED OFF RIGHT BY ASKING QUESTIONS.there are several compamys out there that wil give you a lease purchas deal but i dont recomend any of them all the money you make goes to the company and very little left for you it really is ruff.
NOW PRODUCE: thats a fifferent story, now first you have to ask yourself can you run hard and i mean non stop when you load you have to turn and burn its got to get to market and that is not an easy thing to do i started out in this business haulling produce a long time ago im just to ###### old to run that hard anymore. BUT if you can that is where the money is at it pays real good , but you got to be carefull all prodice loads are temperture controled and you got to make sure the temp is right and keep it right . but if you can stand the pace you can make some real good money doing it. hope this helps and good luck. ----SOUTHERNPRIDE
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