I want to do a lease with bad credit.

Stoney7 · Jun 30, 2025

Lonwolv54 said: ↑

I would avoid the lease purchase idea. You will be taking excessive risk for company driver money at best. Meanwhile, the carrier buys the tractor at near cost and turns around an sells it to you for at least 30 percent markup. They do this multiple times with each truck until it's paid off. Then they turn around and sell the truck again for a final time with title in hand. Most of the lease companies make more on selling trucks than they do on running freight.
Every once in a while there's a driver that finishes a lease. You could be that person but the odds are against you.
Most owner ops deal with a monthly payment, no weekly. The only way I'd consider was if I was using the LP as a stepping stone to being an owner ops, Maybe do it for a year, get a taste of running a truck, then go buy my own. All the best
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Well said Lonwolv54 the company’s that offer Lease Purchase programs are making money off of them. With that be said there are not all bad but for a first time O/O I don’t think they are the best way to go. Save up and buy the truck, and it does have to be a new truck I made the same amount of money with a used truck as a new truck with much smaller payments and much less costly repairs. If any one is looking to lease I highly recommend watching Blue Ribbon Logistics on YouTube about Lease Purchase programs. They lay it out plan. Thanks guys

Graceful Trucking · Jul 3, 2025

Kenworth6969 said: ↑

Everywhere you look it's $1 something a mile.
Even Chicago area to Florida
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What load board is this?

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