Quote:
Originally Posted by GMAN
You will still have an investment in your equipment, whether you lease it from a carrier or finance it through the bank. The difference is that you will likely pay more to rent the truck from a carrier, work for less money and still not have anything to show for your "investment." When you buy a truck, you will have some equity at some point. And you don't necessarily need to spend $40-50M for a decent truck, depending on the type of truck and trailer. You can find a good used truck for around $20M and trailer for about $8-12M. It takes some legwork to find the good deals. Of course, you can always spend more if that is what you want to do. :wink:
Bump time