Leasing Purchase Price

Discussion in 'Lease Purchase Trucking Forum' started by Newtrucker123579, Mar 7, 2023.

  1. Crazytrucker77

    Crazytrucker77 Heavy Load Member

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    Take a chill pil grammer police.
     
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  3. OscarGoldman

    OscarGoldman Light Load Member

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  4. Phoenix Heavy Haul

    Phoenix Heavy Haul Medium Load Member

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    Feb 8, 2022
    Raleigh NC
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    From my experience leasing commercial trucks/equipment is harder than purchasing it. When I was buying my first truck I also looked into leasing and it wasn’t an option for me. Maybe a box truck would be a bit easier not sure.
    Purchase requirements:
    25-30% down
    Solid credit
    Proven industry experience and cdl driving experience.
    Customer list that plan to use your services.
    If you are a startup business it will be very very difficult and very high interest.

    Lease requirements:
    3-5 years in business
    Brick and mortar office/shop no home office accepted.
    $25k cash “certified funds” deposit
     
  5. Ridgeline

    Ridgeline Road Train Member

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    No.
     
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  6. NorthEastTrucker

    NorthEastTrucker Medium Load Member

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    Bad credit & leasing a used truck doesn't sound like a good blend. Even with good credit on a new truck there are things that are not covered by a warranty. Hopefully, you have a decent reserve fund in case anything goes wrong on the road? I'd suggest $25k to $40k for emergency expense fund in case pf problems.
     
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