the offer I got was 25% down, 26% interest.......with an 825 score (no joke). My only hang up was I didn't have enough experience (at the time less than 1 year).
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The odds are in favor of the house
Discussion in 'Lease Purchase Trucking Forum' started by rookietrucker, Aug 23, 2015.
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Most small business fail in the first two years. Equipment financing isn't so much credit score as time in business proving profit and cash in the bank .
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That said , find a decent ride under 50 k and finance it through your credit union . You may be able to do it as a personal auto loan and get a killer deal. That said , Lone Mountain worked for me
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True lease purchase is a regular job..
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My husband will only be a leased driver because he doesn't want to go where they tell him he has to go. My daughter was the same way at school, she hated reading their books. She had a learning disability all through school. Her IEP plan from the school was a trade school. She's 26 and still a book worm, entered a community college without any LD help, and her job trains her in different departments. Happiness in what you do can come from freedom of choice. If he wanted to be told what to do dailey, he would have stayed in the military.
Also the pay is about the same.Last edited: Sep 15, 2016
Reason for edit: Adding a pic -
If you have the option always buy or lease on your own in the end you will have more control over the purchase and your earnings. Lease programs within the industry were designed to accumulate asset earnings and yield TCO advantages over the lifespan of the equipment. The idea of owning a truck is so that you can earn more not work for the truck lease payment alone, which unfortunately is an issue we often hear about.
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