My wife & I are looking at going OTR full time together with no home base, want to make as much $ as possible. I have 4 yrs CDL experience, 2 1/2 being OTR & the other 1 1/2 doing local dedicated routes. What’s your experience with walk away leases on trucks? Do you have any reputable companies you’d recommend?
I’ve seen really high income potential but also concerned several of them are scams. Looking to make at least 2k a week after expenses. Thank you!
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Walk away lease
Discussion in 'Lease Purchase Trucking Forum' started by keepontruckin24, Jun 1, 2023.
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buy your own truck make 2k per day
chimbotano Thanks this. -
Just remember that in a “walk away lease”, either party can “walk away “ at anytime.
Take a minute and think of the possibilities with that term. -
dunchues and Ghostortoast Thank this.
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in away that's a low life
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Read the contract. Better yet, get a lawyer to read the contract, I've never seen a truck lease of any kind that didn't favor the leaser.cke, tscottme, chimbotano and 2 others Thank this. -
Agreed, but you ever see any lease, house,car,building that doesn't favor lessor? I have not. If I was leasing a unit, product and writing the lease, it will favor me. Just business. Now I'm not suggesting anyone to do a lease purchase. Yet we have some members that work hard and have completed them. I commend them for hustle. But I still wouldn't recommend them.cke, REO6205, kemosabi49 and 1 other person Thank this. -
You’d be far better off just running team for a reputable trucking company. Probably would bring in closer to $200k between the two of you as company drivers.
Trucks are pushing over $200k to buy, the worse part is the down time for unexpected repairs. My last new truck was in the shop close to 40 days over five years, but I know a few guys that had a far worse experience.
Lease purchases are a way for companies to download expenses to you.BillyBobFrank, tscottme, chimbotano and 1 other person Thank this. -
The only company I would ever guide anyone to a lease purchase deal is dsv out of missoula montana.. I wa successful with their lease purchase program but i would not recommend it... There is much easier ways to make a living in this industry.. Lease purchase is the most difficult way to ever make money... I would recommend being team drivers as well.. Probably the best way to make the most money possible for a couple.
cke, tscottme, chimbotano and 1 other person Thank this. -
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