Sharing a good lease out experience

Thank you for this Opus.

I know several people who lease, and do well.

One is a close personal friend, he is on his 4th leased truck in a row, does very well at it, and enjoys that he gets a brand new truck every 4 years. Sure it isn't for everyone, but for others it is great. When his 4 years is up, he doesn't have to sell, or buy anything.
They call him up, say your new ride came in, so when you get a chance swing by and trade trucks.
He parks next to his new truck, transfers the stuff from cab to cab, unbolts the headache rack, moves it to the new truck, they help him with it. Sign a few papers, transfer the insurance, and drive away.
Then he comes to my papa's shop, and we help him wire up the lights on the headache rack. When he gets some new driving lights ( he leaves his old ones on the old truck) we help him mount and wire those, and done.
We all make choices that are comfortable for us, there is no right or wrong way, just our own choices.

Drive a lease, buy used, buy new, keep a truck forever, trade in your old on a new truck, keep the old and buy a new one expanding your fleet, have a blend of really old and new. There are also many more options.
Personally I don't want to lease, but at the same time am glad that it works out for many who do.
It's also good to hear the positive stories, since mostly the ones who fail, are the ones who come and post about it.
If 1 out of 25 fail, that 1 will the person who writes about it, rarely do the other 24 who succeed.

Thank you OP, and glad you shared.

Blessings

 

Safety Measurement System - Overview (U.S. DOT# 241572)

 

I’m lost. Either Jesus has returned as a Truckdriver, and is Driving and running a log on that Truck. Or you ran 5200 miles a week for 78 weeks straight.

 

3,000 a week at $2 = $6,000
easily doable.

 

Opus he showed us a pic 405000 miles in 18 months, that's about 5180 a week - yes 3000 doable but 5180 as a solo; the math is hard to get there. One of the better guys on TTR who is very successful at leasing is #markealy on his thread he posts every load with income and expenses, and he makes enough to pay for a truck this fast with leasing, but he is driving no wear 5000 miles a week solo.

Yes you can make it with leasing -IF you are good at managing yourself, your lanes, your loads, your truck, your tires, and fuel.

 

my bad.....didn't see the pic. Frankly, NO ONE can do 5k a week solo.
There's always more to the story, isn't there.

 

Congratulations!!! Nice Job!
Believe in yourself , learn all you can , make smart moves and work hard! = Success

 

I’ve been wondering if a Lease Purchase would be worth it as far as a new Truck goes. Since they’re all back ordered. Might be the only way to get a brand new Truck. If the purchase price wasn’t inflated, along with a bunch of other criteria. Basically being able to buy it out, and move on with the Truck.