lets talk real info on l/p

I too was afraid of the l/p idea after talking to drivers but I noticed the failures all had the same problem, understanding its a business. When I asked how much the break even was they never knew. When I asked about net they said I made like 8k and after I paid fuel I got to take home like 2k. I asked about other payments like taxes or savings for a few unexpected days down and they all looked dumbfounded. Point is I treat my truck like a business and I do pretty well. Iclear enough to pay everything I need and will own my truck out right at the end of the lease with no lump payment. As for my main suggestion look for a variable lease not a standard lease. A variable is good when you have home time or breakdown.

 

Is that a lease with a constant, smaller weekly payment plus a mileage charge? That would make hometime easier, for sure, and is what I would pick.

 

Yes you would have a small set amount then a per mile for the remaining. Mine is 120 a week plus .20 per mile.

 

Are you looking for success stories to try to convince yourself it is ok to get into an LP?

It really does depend on where you live and what kind of freight you will haul. I implore you to steer away from the mega carriers. It's a trap.

 

Please PM me your blog. I'm very interested.

 

Who are you asking?

 

There is a "Reply With Quote" function down below; it's easy to use, too. That way, the rest of us know who you're talking about and/or to; we might be interested.