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-   -   Lease Purchase (https://www.classadrivers.com/forum/owner-operators-forums/26070-lease-purchase.html)

Jumbo 04-02-2007 10:33 PM

Lease Purchase
 
Now before everybody tells me not to do it(because I am not). ALL that I want to know. Is there a L/P deal in the whole wide world that you guys would sign up for?

Rev.Vassago 04-02-2007 10:35 PM

Re: Lease Purchase
 
Quote:

Originally Posted by Jumbo
Now before everybody tells me not to do it(because I am not). ALL that I want to know. Is there a L/P deal in the whole wide world that you guys would sign up for?

No.


Next question?

yoopr 04-02-2007 10:53 PM

Re: Lease Purchase
 
Quote:

Originally Posted by Jumbo
Now before everybody tells me not to do it(because I am not). ALL that I want to know. Is there a L/P deal in the whole wide world that you guys would sign up for?

Is this a invite for me to come down and visit you and Bop you in the Head? :P
What's up with Ambrosious(sp)?

Jumbo 04-02-2007 11:50 PM

It is JUST a question. If you look in any trucking magazine almost everybody offers a L/P. Does this mean that all of them are no good? There isn't one that somebody could succeed with?

pepe4158 04-03-2007 12:02 AM

Jumbo...they all offer it cuz the company makes money, its a crap shot whether you will, but either way sure the companies are all over the magazine offering it cuz THEY make their money.
You know I can buy gambling casino magazines too (full of casinos who like the trucking companies say I will make $), do some gamblers make big $, am sure they do, IMO same crap shoot either way.

Cam 04-03-2007 12:20 AM

I would but sometimes it seems I just like to argue.

I know of one lease purchase that can do these things for you:

- get you started when you don't already have the money yourself
- provide you with a lot of support. You've get help with:
*to acquire a tractor
*how and where to do routine maintenance on a tractor
*how and where to get repairs done
*registering, permitting, insuring...
*small business paper work- receipts, estimated taxes...
*get freight and or dispatches

You can be a company driver forever and never learn this stuff. If you are exceptional like ol' Steveo (seriously Steve, not everyone can do what you do) you don't need to lease purchase. Personally, I think going this route can get you started as an owner operator. Most guys who lease purchase will never own the truck even though that's supposed to be the big promise. I lease purchased for four months and later bought a truck and signed on with Landstar.

I would recommend my former outfit, Perkins Specialized Transportation. I would also recommend you get out of lease purchase as soon as you know what you are doing and can finance your own truck. Lease purchasing is wwwwaaaaayyyyy too much like being a company driver ( :lol: company drivers aren't allowed to look at this forum, are they?) Your dispatcher tells you when you'll drive, where you'll drive, how long you'll drive... Once you can get your own truck and you know where to get PMs done and you've got your paperwork filing systems going and you can out run your wife, your mechanic, the tax man, the finance company... say 'thank you very much and goodbye' to your lease purchase.

If he's still around, I'll let- who was that character with the pirate avatar who always used to talk about getting your own authority- I'll let one of the others speak about 'real trucking' since I'm still just a leased on Nancy boy 8)

pepe4158 04-03-2007 01:21 AM

Am sure you forgot 1 Cam....let me see....oh yeah!

* When to $hit n where, and a nice friendly reminder to remember to wipe
your a$$

LOL

Cam 04-03-2007 01:32 AM

Quote:

Originally Posted by pepe4158
Am sure you forgot 1 Cam....let me see....oh yeah!

* When to $hit n where, and a nice friendly reminder to remember to wipe
your a$$

LOL

Bea-u-ti-ful :lol: And oh yeah, you get to go home for three days every three weeks and after one year, why, you get the whole week off! :cry:

nsxman2001 04-03-2007 07:50 PM

What your saying sounds really crazy. I wonder why anyone would sign a lease purchase like that even if your making money your never home to enjoy....Oh well

Cam 04-03-2007 08:48 PM

Quote:

Originally Posted by nsxman2001
What your saying sounds really crazy. I wonder why anyone would sign a lease purchase like that even if your making money your never home to enjoy....Oh well

What do you think company OTR is like? The ultimate goal is to get his own truck. The issue at hand is how to get there. Now, what is crazy?


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