Why would anyone get into a lease purchase????

Discussion in 'Lease Purchase Trucking Forum' started by haz-matguru, Sep 25, 2020.

  1. markealy

    markealy Medium Load Member

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    I made like 17 k this month doing a lease purchase my average profit margin is like 1.69 pm and my mpg was at 9.3 pm my truck payment is roughly 2600 per month...my settlement is for last week was over 5k ...I might never own it but I making easy money ....not bad at all...
     
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  3. markealy

    markealy Medium Load Member

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    Here is a taste
     

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  4. GYPSY65

    GYPSY65 Medium Load Member

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    Can you explain your math ?
    Maybe I’m just missing something but what I’m reading is that you are making $1.69 per mile profit and your fuel is what? 9.3 cents per mile?

    If that is what you meant. I think your numbers need to be recalculated

    If not. Let me. Or anyone reading this for advice know

    I have a 2021 truck and 2018 trailer
    I figure $1 per mile goes to the truck for all miles

    Fuel for a truck getting 8mpg and fuel at $2.80 would be $0.35 per mile just for the fuel

    When someone says profit then I assume that they mean what’s left after overhead
    So I would take your $1.69 profit and then add all my expenses on top of that so if you took just a $1 for simple math then you would be at $2.69 per mile gross for every single mile you drive the truck. Empty or loaded
     
  5. Powder Joints

    Powder Joints Subjective Prognosticator

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    Here's the deal, if it makes you happy then don't waste your time trying to explain it, just be happy. Theres always someone around wanting to knock you off your path, don't let them stay the course and in the long run you will know.
     
  6. ibcalm19

    ibcalm19 Heavy Load Member

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    It wasn't about happiness & knocking them off the path. It was about the math.
     
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  7. Powder Joints

    Powder Joints Subjective Prognosticator

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    Just another troller looking to piss in there wheaties, have fun
     
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  8. markealy

    markealy Medium Load Member

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    My 1.69 was after I paid fuel truck ins ect not bad ill put a the numbers my up tonight on home time just booked 15k in friieght heading to cali then back east
     
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  9. GYPSY65

    GYPSY65 Medium Load Member

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    Other than fuel and insurance do you pay a percentage to a company or do you run your own authority?
    And I assume any truck payments or repairs come out of that $1.69 correct?
     
  10. markealy

    markealy Medium Load Member

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    No that's after I paid my truck my 1.69 was to the house I run a load bord @67% and I put .08 into a mantince account
     
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  11. markealy

    markealy Medium Load Member

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    Here is load off the load board
     

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