Penske full service lease

Discussion in 'Ask An Owner Operator' started by PacMan777, Feb 9, 2023.

  1. Ridgeline

    Ridgeline Road Train Member

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    YOU pay more for a lease than you do owning the truck outright.
     
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  3. wis bang

    wis bang Road Train Member

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    Levittown, PA
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    if you consider the megabucks we were spending to keep our junk alive and , cross your fingers, DOT legal it; averages out somewhat.
     
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  4. TheLoadOut

    TheLoadOut Road Train Member

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    Penske loves to bill bill bill bill $$$$$
     
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  5. D.Tibbitt

    D.Tibbitt Road Train Member

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    Gettin' down westbound
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    They will not touch a small guy... i tried to get a rental truck from them a couple weeks ago. And they want a 15k deposit and 1500 a week..Not sure if long term lease is different price. You also need to have a commercial address..
     
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  6. wis bang

    wis bang Road Train Member

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    Levittown, PA
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    And since they tap your account directly you don't know it until the bookkeeper comes running in asking why so much this month.

    Make sure you report the IFTA mileage and fuel for every 'free' substitute truck while yours is in the shop to eliminate just one of the sudden charges.
     
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  7. kros

    kros Light Load Member

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    Feb 4, 2023
    Indiana
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    I was also interested in it BUT $1500/week?!?!
     
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  8. Ridgeline

    Ridgeline Road Train Member

    20,734
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    Michigan
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    Don't buy junk.

    The thing is people think that these companies have reserve trucks ready when the truck you lease from them breaks down. I have had to wait days before a replacement truck.
     
    TheLoadOut and Magoo1968 Thank this.
  9. wis bang

    wis bang Road Train Member

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    Jan 12, 2011
    Levittown, PA
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    The owners ran them into the ground long b/4 I got there.

    Once we showed them the numbers, we gradually moved over to Penske two at a time.
     
  10. OscarGoldman

    OscarGoldman Light Load Member

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    May 9, 2022
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    Penske or Ryder won't do a FSL to a one truck dog and pony show.
     
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  11. scoobertdoo

    scoobertdoo Road Train Member

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    Nov 11, 2020
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    Had my used truck 2 years. Once the dpf issues was resolved once and for all, all I have done is brakes and tires. Modern diesel engines are shockingly reliable. Especially if you have a manual transmission.
     
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