without risk, there's no reward.

I meant the few part. As in the few and the proud.

 

I'm going to politely agree to disagree. We are on two different sides of the fence.

Im unsubscribing from the thread.

I found pics of you and yours truck. Guess with no skin in the game you have nothing to lose. Have a great day!

 

It makes me sad when people stop following a thread. Where will I read my daily dose of one sided hatred ?

 

I just want to know why you (or anyone) leasing causes some people to be so upset? It's your money, your life, your risk. If someone doesn't agree with being an L/P, fine. Feel free to say something like, "I wouldn't do that." "That doesn't make sense to me, but more power to you." There's enough naysayers on these posts, past and present. We don't need anymore. It's ALL HERE TO READ AT OUR LEISURE! Enough!

Okay, thanks! Back to your regularly scheduled programming.

 

Ask 5 truckers the same question and you'll get 5 different answers. And they will all be the best answer

 

I think those pics above are from his own pretrip

 

The ones I don't get are those that just keep trading in and doing the another lease, over and over.[/QUOTE]

It's because in today's tax code there is much more incentive to lease. If you purchase outright or traditionally finance a vehicle you can only deduct depreciation of said vehicle over a few years. If you lease you can write off your entire lease payments as a business expense. You will have diminished your taxable income dramatically by leasing as opposed to purchasing.

 

Still dont get it. The tax explanation does not compute. The high lease cost more than outweighs any tax advantages. My truck payment is almost $1300 a month lower than what I was paying to lease. I'm certainly not paying $1300 a month more in taxes.

 

It's warranty ... maintenance cost with a warranty is about $.06 pm ... at 500,000 miles it's going to jump to about $.14 pm ... with an in frame looming around 1million.

Also depends on who your leasing with and their incentives. At Swift, over mileage charges rollover from lease to lease as credits ... if you train, you could accumulate enough credits to actually come close to paying for a new truck out right after 3 leases.