Is Lease Purchase Trucking a Good Idea? 

Well said interview

Doesn’t seem to matter how many lease purchase nightmares you read about , the poor insist on getting poorer.

Honestly is the best policy. Thank You for your video.

This is the only video that makes sense!

This was very informative thank you so much for shedding light on leasing. I’ve been having doubts transitioning from company to lease but now I’m certain about my decision…

Sure if you get miles or good loads that pay

Broke it down correctly!

i was going to buy a truck but ive decided to stay at my home daily paid by the hour job park the truck go home and not worry about it

I would work there….. they have nice equipment

All the same BS. No matter how you cut it, it’s still shit… Save $30,000 and get a pre emissions truck and pull for Land Star…

Only dispatcher I trust is myself

It's not necessarily the lease purchases that are flawed: it's the companies who issue them. Companies need to protect themselves but most of them are predatory with their contracts. Giltner won't let you see the contract before hand to make a correct decision ... Barlow charges approximately 50k over market value for truck ... Swift, christensen, rti, etc etc provide low mileage rates where you may break even.. If you find a good program then they have inside facing cameras that want to monitor AI every move .. Some companies WEL. PAM have extreme balloon payments of 25 k plus... Some companies have prepayment restrictions locking you into higher interest for longer and or balloon payments..

Ive done at least 5 WalkAway Lease purchase program. All of them have been the same Old Song. They Never never give you Enough miles to pay for that truck. But they do Pay them selves before they Pay you so that leaves you Almost nothing every week 😢SAD!!!

If business is not stable, while drivers do not like any stress but looking to pay what is required then nothing wronh going by pay percentage out of rake home earning because idea is one person has investment while other person put his effort, skill, labor then earning goes into 50% 50% while keeping 25% for equipment (truck and trailer) that all you need. So if truck broke down then no payment till it back on the road, may driver got sick etc or took given days off per year. So no sress and any one can enjoy with trucking not suffering with maintenance, old truck, or looking a different one.

Do uall help sap drivers that what hellp

If there's a balloon payment, run!

Havent finished the vid yet but i would say never go for any type of lease that is mileage based aka paid per mile. Always look for the percentage based pay.

There's No truck Worth 200K because there No Such thing as a New Truck!!!! Only thing that's new is Engine and Transmission. Lease Purchase Renting All A SCAM.THAT'S WHY THEY CALL IT WalkAway. No WHY would someone want to WalkAway from their Investment? Mmmm 😢

No. It’s not. You’ll pay way more and the company doesn’t give two shits if you starve in the truck or not. And that’s ANY company with more than 10 trucks

No I did not have to pay any extra money at the end of my car payments lol 🤣 is this how you try to convince people that a balloon payment is okay lol

Your company is selling a used truck? Lol there's companies out there selling you brand new trucks that you specifically order for yourself on lease purchase deals

So they would own the truck after they hit 750,000 miles😮

Older truck...more issues and no warranty

Pies of sgit