Lease Purchase. . . Hmmm.
Quote:
Lease payments are as low as $400. We have an excellent maintenance program and most trucks come with a warranty.
.88 Loaded or Empty Miles
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So, Fuel at $0.50 per mile because fuel costs $3.00 per gallon and you may get 6 miles per gallon. Lead foot wind catcher drivers may only get 5.5 miles per gallon. Now consider that you may only be paid on short miles, or you may want to go out of route once in a while for weather or better roads. Figure that fuel may cost you $0.60 or more per paid mile.
Truck payment at $400 per week is one of the better deals, some companies charge $625 or more. Add $100 for insurance company charges, like qualcomm. $500 over 2500 miles is $0.20 per mile.
Maintenance will cost you minimum of $0.05 per mile for basic tires and oil changes. I like to see you put away $0.10 per mile in addition into a maintenance rainy day fund to be used for larger repairs and catastrophic failures. If you have any left over at the end of the lease you will have a nice down payment for your next truck.
Left for driver wage at this point is $0.03 per mile. Out of that comes any unreimbursed tolls or lumpers, trailer rental/useage, and so on. Better hope that the "aggresive fuel surcharge" is pretty high. :roll:
Ooh, I missed the workers comp requirement, better add another $100 to $150 per week for that. :shock:
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Nothing is foolproof to a talented fool.
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The Road goes ever on and on
Down from the door where it began.
Now far ahead the Road has gone,
And I must follow, if I can,
Pursuing it with eager feet,
Until it joins some larger way
Where many paths and errands meet.
And whither then? I cannot say.
-- J R R Tolkien
MAY AND FRIENDS!
