my version of a good lease purchase

Discussion in 'Motor Carrier Questions - The Inside Scoop' started by mike91118, Jun 15, 2012.

  1. mike91118

    mike91118 Medium Load Member

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    i think a good lease purchase should be were a driver could pick out how he wants his truck to be and what kind since he/she will be having the truck for there trucking career
     
  2. BlackLions

    BlackLions Road Train Member

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    So.... what are you saying?
     
  3. mike91118

    mike91118 Medium Load Member

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    he shouldnt have to pick a truck that is striped down and he knows he is not comfortable with his truck
     
  4. RizenPhoenix

    RizenPhoenix Road Train Member

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    There is an easy way to do that, it's called having credit and obtaining financing.
     
  5. mike91118

    mike91118 Medium Load Member

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    its for driver with bad credit
     
  6. RizenPhoenix

    RizenPhoenix Road Train Member

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    If they have bad credit they probably don't have the business skills to succeed as a L/O. As always, there are a few exceptions but most don't make it.
     
    stabob Thanks this.
  7. buckmanmike

    buckmanmike Light Load Member

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    I'd be more concerned about the quality/quantity of freight and if you could make good money. Truck is just a tool when your starting out.
     
    Corporal_Clegg and windsmith Thank this.
  8. RizenPhoenix

    RizenPhoenix Road Train Member

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    I would say you are correct. I potential L/O or O/O should be much more worried about things like revenue, fixed expenses, cost of operation, and fuel mileage then whether their truck has all the bells, whistles, and chrome they want.
     
  9. BigKid2

    BigKid2 Road Train Member

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    I don't agree with that at all. My credit sucks and I have already made over $60,000 after expenses since Jan 1 in a lease purchase running as a solo this year.
     
  10. poppapump1332

    poppapump1332 Road Train Member

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    Agree bad credit don't mean you won't succeed as an l/o people have stuff happen like losing a job,illness,etc that ruins there credit