Is it really a selling point?

Should mean that they offer in house financing, no hit on credit, if you fail. Sounds good, except the “ system” is usually set up for entrapment. Borrowing money from them, for repairs. Outrageous ly high Truck pymts, and such. They act more like a Truck sales company, that moves freight,(Prime). Run the numbers, talk to other O/Os, that have been there a while, a couple yrs at least. If You can find one.

 

When I ask a driver why they want to do a lease purchase I normally get a blank stare. Everyone knows or at lease should know why trucking companies offer lease purchase but what I can’t figure out if why truck drivers want to do this.

 

What kind of financial support are you looking for?

Here's the keys to a truck, a fuel card so we can front you the fuel, oh we paid all your start up costs too.

So tell us exactly how much support you need?

 

Well it's pretty simple if you're a business man.

Here in lies the choice, do you want to be your own little trucking company or a company driver?

 

There's a canned answer that everyone regurgitates and I'll take the odds that it is the incorrect answer that you think it is ...

 

What is your answer ?

 

Cost per mile-

Well let me ask you, where are you going to run, and what kind of freight, what kind of truck?

Self employment tax-

7.65% of your adjusted gross

How much does it really cost to run a truck-

You asked that already.