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Thinking of lease purchase, all advice welcome!

Discussion in 'Lease Purchase Trucking Forum' started by cooley525, Mar 1, 2019.

Page 1 of 5
  1. Mar 1, 2019 #1
    cooley525

    cooley525 Bobtail Member

    28
    4
    May 3, 2018
    0
    Hey y'all.

    I'm currently working for southeastern freight lines as a p&d drive out of the Charleston SC area. I'm thinking about the possibility of leasing a truck with a company. I have 10 MO experience, all endorsements, and I'm looking for a company that can get me home on the weekends. Can anyone share any info on this topic?
     
    cooley525, Mar 1, 2019
    cooley525, Mar 1, 2019
    #1
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  3. Mar 1, 2019 #2
    Chinatown

    Chinatown Road Train Member

    68,476
    143,569
    Aug 28, 2011
    Henderson, NV & Orient
    0
    Chinatown, Mar 1, 2019
    Chinatown, Mar 1, 2019
    #2
    roadgoddess Thanks this.
  4. Mar 1, 2019 #3
    JonJon78

    JonJon78 Road Train Member

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    35,621
    Jul 1, 2018
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    Why are you looking to switch from working LTL to OTR?
     
    JonJon78, Mar 1, 2019
    JonJon78, Mar 1, 2019
    #3
    drvrtech77 and Bean Jr. Thank this.
  5. Mar 1, 2019 #4
    cooley525

    cooley525 Bobtail Member

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    May 3, 2018
    0
    I'm looking for regional. Got outbid for ltl. Took A big pay Cut. Wss. Making 1800 gross
     
    cooley525, Mar 1, 2019
    cooley525, Mar 1, 2019
    #4
  7. Mar 1, 2019 #5
    Chinatown

    Chinatown Road Train Member

    68,476
    143,569
    Aug 28, 2011
    Henderson, NV & Orient
    0
    See that trailer in Post #2, that's a local/regional trailer. (roll-up door)
     
    Chinatown, Mar 1, 2019
    Chinatown, Mar 1, 2019
    #5
  8. Mar 1, 2019 #6
    LDLWells

    LDLWells Heavy Load Member

    782
    1,216
    Jan 14, 2019
    0
    A lease purchase is great if you have no expectations of owning that truck. They may have gotten better and there might be good companies out there but I've only seen one person finish a LP and that was 2006
     
    LDLWells, Mar 1, 2019
    LDLWells, Mar 1, 2019
    #6
  9. Mar 1, 2019 #7
    cooley525

    cooley525 Bobtail Member

    28
    4
    May 3, 2018
    0
    So I talked to the recruiter and he said drivers are regularly pulling in 7k gross during the summer months and 5k during the off season, with home every weekend. Is this ######## or true.
     
    cooley525, Mar 1, 2019
    cooley525, Mar 1, 2019
    #7
  10. Mar 1, 2019 #8
    LDLWells

    LDLWells Heavy Load Member

    782
    1,216
    Jan 14, 2019
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    A day? Week? Month? Fortnight?
     
    LDLWells, Mar 1, 2019
    LDLWells, Mar 1, 2019
    #8
    Mooseontheloose Thanks this.
  11. Mar 1, 2019 #9
    cooley525

    cooley525 Bobtail Member

    28
    4
    May 3, 2018
    0
    Week
     
    cooley525, Mar 1, 2019
    cooley525, Mar 1, 2019
    #9
  12. Mar 1, 2019 #10
    LDLWells

    LDLWells Heavy Load Member

    782
    1,216
    Jan 14, 2019
    0
    I think those would be perfect weeks but 5k a well seems plausible
     
    LDLWells, Mar 1, 2019
    LDLWells, Mar 1, 2019
    #10
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