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TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
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Lease story from around 20 years ago
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<p>[QUOTE="roundhouse, post: 12439519, member: 220225"]I also had success with a lease purchase . But it was a looong time ago .</p><p>In the early 90s .</p><p><br /></p><p>two year lease, finish the two years and the truck is yours .</p><p>$500 down ,</p><p>Certain amount per month for the truck</p><p>Certain amount for the ins</p><p>Some for the reserve fund etc</p><p><br /></p><p>I wrecked mine with one payment left .</p><p>But by then I had saved plenty of money to pay cash for a good used tractor.</p><p><br /></p><p>I started with nothing , was working in a dead end job slightly above min wage , no savings , no college degree or education , so I had nothing to lose .</p><p><br /></p><p>I was making $900 a month at my job .</p><p>First month trucking I made $5k after all expenses . so I had no problem stacking cash </p><p><br /></p><p>I guess a lot of it depends on if the company wants you to succeed or not .</p><p><br /></p><p>the company I was with was expanding and needed O/Os desperately and wanted them to succeed and stick around .[/QUOTE]</p><p><br /></p>
[QUOTE="roundhouse, post: 12439519, member: 220225"]I also had success with a lease purchase . But it was a looong time ago . In the early 90s . two year lease, finish the two years and the truck is yours . $500 down , Certain amount per month for the truck Certain amount for the ins Some for the reserve fund etc I wrecked mine with one payment left . But by then I had saved plenty of money to pay cash for a good used tractor. I started with nothing , was working in a dead end job slightly above min wage , no savings , no college degree or education , so I had nothing to lose . I was making $900 a month at my job . First month trucking I made $5k after all expenses . so I had no problem stacking cash I guess a lot of it depends on if the company wants you to succeed or not . the company I was with was expanding and needed O/Os desperately and wanted them to succeed and stick around .[/QUOTE]
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TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
Forums
>
Owner Operators
>
Lease Purchase Trucking Forum
>
Lease story from around 20 years ago
>
Reply to Thread