thanks for the extra points

What kind of miles have u seen solos get

Me and orange are conflicted in our decisions

Orange

You have to just bite the bullet sometimes and take a chance if I would not have 5 yrs ago
Would have never got the walmart job which was the best I ever had would have stated for ever just couldn't up root family for a 1800 mile move
That's how senority goes almost 5 yrs with them and still as bottom

Make the decision best for you go with your gut

my gut is leaning more toward transam right now. The buy out amount is as big as a deal as miles running right now. I know from the other board that several people with transam are getting 3000 and more per week.

I have a friend who did a l/p with Trans am he lasted 2 months before going broke.

Lease purchase deals are for the stupid who lack basic match skills ,and pretty much all basic thinking skills ...A lease purchase at 85-90 cpm + FSC of 20-30cpm is not enough money to run a truck ,and the only entity that benefits is the company leasing you the truck/job ,as they still get money for you hauling the freight ,and you now hold all the RISK ...not to mention it releives them of paying employee benefits as you are now considered a CONTRACTOR and an employee of yourself not their company...Only a fool leases a truck from a mega carrier ,and only a moron consistantly runs a truck for $.85-90 cpm + FSC .

Big orange, why are you so set on leasing with anyone anyhow? Your wife is not ready to join you for almost 2 years. Lots of things change in that time. Find a good paying company gig, and if your employer at the time won't let you train her, than worry about a new job.

And from my experience, my husband trained me, and he was a good trainer, but we fought like cats and dogs, because he expected me to just get it, drive like him in a weeks time.

I want to own a truck for future earnings and by leasing if things don't work out I can walk away, where as buying from a dealer the only way to get out from under a payment is sell the truck, repo, or find someone to drive it and hope they take care of it. People say you pay more with a lease but like anything else you pay on time you always pay more.

b jeep

Why you bashing

Lease is not the worst a guy can do and he is right u can walk away from a lease
Not a finance

Lease 100 per cent write off

Traditional fin is deprecation only

So he is on track ask swift if they own their trucks or walmart both lease from Ryder
Look it up write off equal profit because of less tax

Just have to find right carrier and neg rate charged in lease agreement
Most are12 per but bet u can get 9.5 to 10.25

Each contract is what u make of it and each is separate no bundled with others

Neg and get good deal equals sucess

Most companies bank on most drivers to just sign and not ask about nothing
Hence failure rate
Basic math and questions make sucess

When u ask u get answers
Never sign a lease you can not amend nor see at least a week prior to signing

Being a moran

I think not

Called business since some have it some are cowboys
Remember run a business like a company truck u will fail

Big orange I emailed u

My address is attached

I am thinking you have a capital lease and not an operating lease with the truck, and therefore, it is not necessarily so that 100% of the lease payment is a "write off".

The IRS looks at a capital lease as a purchase and you will have to treat it like an asset.

If it is an operating lease, then the payments are entirely expensed because it is a rental.

they are operating lease
Kinda like a TRAC lease

Both have termination fees which are deducted from last statement

Henderson 475
Transam 525

Both have recovery fees if abandoned
(not sure amount)

Both have a detail fee if it's clean or not at turn in
(probally 175/200)

Both have to be returned at least half tank or charged for fuel up to 75 gallons in most cases

I sent henderson to ooida for review which I may have had an old copy but ooida says it was solid not much changes needed if any the residual on this contract was 28,748.23 and included a apu with shore power 1800 watt but NO inverter truck year was a 2007 freightliner but model was not specified (lease copy is probally 1 to 2 yrs old in my opinion but. I could be wrong )

But they said of the 2 transam would be best but ooida does not rec any lease deal

On the transam settlement posted

The numbers look solid

856.?? On net
But he had a 150.00 advance
A 14.00 advance
A 18.26 misc Exp or advance
And physical damage INS looked a bit high at 100 .00 I think u can get it about 65.00

So net about 1,040 .00
Then if u get different phy dam INS
And the 10.00 in advance fee
Close to 1,100.00 net

Then at 3000 miles his fuel cost was a bit high in my estimation looks like he is running 65 or. So deduct that to 62 saves you about
4 to 5 tenths per gallon mpg and nets u about
75 to 80.00 more profit in a week

His msint escrow looked correct

So ran a little tighter looks like u can
Net bout 1,080 to 1,200 or more depending on how u run your business
Reduce speed to 60 mph and save slightly more

Takes longer but faster u run more profit blown up in the air most loads are set at 55 any way keep door shut u will be fine

At 60 mph saves another 1 tenth or roughly 25 per week



Reccomends no less than 4 cpm on new and 9 cpm on used for maint escrow

Thanks for the feed back. Sorry didn't get back in touch with you, had friends show up and had to play host. I plan on calling transam monday and setting up indoc and getting a lease copy.