Tell me why the lease option is so bad

Discussion in 'Questions From New Drivers' started by will7370, Jul 29, 2009.

Page 4 of 4

Apr 22, 2012 #31

Dcarter Bobtail Member

35

3

Jan 22, 2012

Port St Lucie, Florida

0

KO1927 said: ↑

Perhaps think about it this way. If the lease option was offered in other industries, it would be universally laughed at.

For example: Say you were just hired out of high school to be a general laborer for a construction outfit. You are qualified (at least on paper) to operate hand shovels, both round and square point.

Now their human resources guy says to you, if you want, we can lease you some equipment, which you will be responsible for maintaining, insuring, registering, etc. and hire you as a subcontractor. He closes the deal with, don't worry, we have plenty of work! You too can own your own business! No need for experience or industry knowledge.

Think about it.
Click to expand...

I came in search of answers to the 0/0 question as a newbie. This comment right here answers all my questions in two paragraphs. Thanks for knocking some sense in to me

Dcarter, Apr 22, 2012

Dcarter, Apr 22, 2012

#31
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