Want to avoid getting burned by a lease-purchase agreement?

Discussion in 'Lease Purchase Trucking Forum' started by rookietrucker, Dec 13, 2009.

  1. roundhouse

    roundhouse Road Train Member

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    You do business with people from Eastern Europe or India or the Middle East ,or any Chicago based trucking company you’re gonna get ripped off .
    That’s their culture and it’s perfectly acceptable in their culture .
     
    Chicken wang Thanks this.
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  3. Bumper

    Bumper Road Train Member

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    They are like the Ferengis in Star Trek.
     
    broke down plumber and omaharj Thank this.
  4. broke down plumber

    broke down plumber Road Train Member

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    Watched a u tube vid of a guy that was a L/O from what i could tell he was being pretty honest , transparent . He ran 11 months 1 month at home April , new baby . He was a trainer as well , his numbers were 233k gross operating expenses fuel , repairs , and lease payment 130k . Left him 103k b4 taxes but the kicker was he made like 17 or 18k extra as a trainer which is included in the 103k . So i reckon my point he didnt do that much better than company driver . Btw i believe he ran 121k miles .
     
    madtrucker3840 Thanks this.
  5. madtrucker3840

    madtrucker3840 Bobtail Member

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    I have found one exception to the rule. Jordan and his wife treated me very fairly when I drove for him several years ago.
     
    Bumper and broke down plumber Thank this.
  6. Lightfoot71

    Lightfoot71 Light Load Member

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    my
    Call it whatever you want, no I dont pull a van, but Its not very hard to make 4 to 5k a week, net. I know lots make more, and lots make less, thats with me doing usually 2600 miles average.
     
  7. Biggboy352

    Biggboy352 Bobtail Member

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    People often spread hate and blame foreign companies without looking at the contracts they sign. If you really want to give a company a chance and attend orientation, make sure to read the contracts carefully. Everything is written there, including all your rights and the company’s rights in specific situations.
    Leasing is indeed challenging at the beginning because there are many expenses to cover, but remember, this could potentially be your truck in a few years, and you need to invest in it. I have one friend who bought 2 truck in past 5 years
     
  8. Lightfoot71

    Lightfoot71 Light Load Member

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    He got hosed. I made 130k in 10 months as a company driver
     
  9. Jonathan91

    Jonathan91 Bobtail Member

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    Thanks.
    Does anyone one know how long it takes to complete a payment for a truck in Kenan Advantage in present day today?
     
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