Lease purchase vs buying by the numbers
HTML-код
- Опубликовано: 10 июн 2015
- This video demonstrates the difference between buying or lease purchasing
~-~~-~~~-~~-~
Must watch: "Trucking Information watch the source!"
• Trucking Information w...
~-~~-~~~-~~-~
My full service lease was through my local Volvo dealer
Jeffery Like .. thank you for your time godfather
Please tell where u you work at
This was great video
Jeffery Like thank you so much for sharing your knowledge & advices with us. God Bless!
I did the lease purchase with a guy from New Jersey Atlantic County area got his 2002 Peterbilt long hood 379 and Truck had over a million miles but Truck ran very strong for several year. I paid $45,000 and it only needed a paint job. He was happy to paid monthly on time $700.00 weekly and I paid him in full. The Truck is still good but need newer motor but still runs.
Thank you for demonstrating between buying and lease purchasing.
love picking my own freight, can't beat that, im home whenever i want to, i work hard whenever i want to.
+rick arias your right Rick
Great video
Thank you so much for the videos Jeff the info is so appreciated. Happy Birthday ! :-) safe travels
Thank you everyone for the birthday wishes don't remind me how old I am but thanks for watching and I will get some more info videos going .
Thanks for all the great info, and for taking the time to talk to me over the phone. this program sounds better and better by the minute!
Happy Birthday and thx for the useful information!
Jeff. You are like a scientist to me man. Love all your videos
Nice 👍 ty for all the good info
Thank you for this vid.
It was VERY informative!
I like everything you mention about the money games.
Happy Birthday Jeffery and another great video with good info for sure Thank's
Great Video ! 👍👍👍👍👍👍👍
+Reefer Unit Thanks for watching
Your wisdom is worth millions. God bless u.
Happy birthday bro
Ty for the video
Good info. I wish I had this knowledge 4yr ago lol wit prime inc. But good video n happy late b day. God bless
Fred Holton what would your advice be?, would you do Prime Inc all over again?
They are against it because they don't understand it. What you say about the board is soooo interesting !!! iThanks again
OP 8n
Good info thanks for another good video. Have a happy birthday and a great weekend.
Thank you David have a safe trip
Good Job dude!! Happy Birthday
+James Neale Thanks James
Sure in Thailand private pilot thinking of trying the last bastion of freedom and fair pay. We really appreciate a real American helping guys a little along the way. New friend out here he is airline pilot I told him how much some guys are making he is quoting his job and gonna try be owner operator he sent you a letter. I guess I got him fired up into trucking. Lol
Thanks bro
Tried this crap with trans am and that exactly what happened. I left before I went in the hole. $260 a week three days to run a 300 mile load. Broke dwn wouldn’t get me a room.
Great video sir!! Very informative
Another job well done buddy, happy birthday to you and enjoy your weekend
Happy Birthday
Good commentary
Great video Jeffrey happy birthday buddy!
Great info Jeff, you are a great mentor for all of us drivers who are looking for knowledge about the business. I plan on doing a lease purchase through schneider I am a company driver right now and plan on starting my business up in September. If you could find the time to do a video on the tax side of the business that would be great. I also would like to hear your thoughts about freight lanes and where to run in order to prosper. Happy Birthday and enjoy your home time with your family. Thanks again for all the great videos it has made my decision to start my own business much easier. Now all I have to do is decide which truck to purchase, more research..any thoughts. I am going to lease brand new.
Thx 👍 for the info
good shit, man
One other thing to mention. When your under a dispatcher, if you bail or get the truck reposed, they get the truck back. They will now issue that truck out to a company driver. Win win for company .
Happy Belated Birthday Jeffrey!!!! Hope you had a great one.!!!!
i'm a Car Hauler. I own my rig, sort of (me and the bank). i'm leased to a company, I run under their authority. your right about the dispatch issue, they control your access to their load board. ......... Carhauler Tim
It does not matter what you do in life, if your responsible. What I mean about responsibly is cooking your own meals, keeping your equipment up,and not blowing tour wad on dumb stuff, your chances go up exponentially. That's the deal folks.. don't pay others to replace mommy. Do it your salf and take pride in who and what u r. Period the end.
Hello Jeffery, I would like to thank you for your info. It was alot of your videos that help me make a decision to come to schnieder. I start on monday. I put you as my referal. thank you
+QUIT NO MORE FITNESS Thank you for watching and good luck. If you need help with the load board just email me or call.
More great info!!! Keep it coming. I'll ask a couple of questions through email. Thanks and Happy Birthday!
Happy Birthday,like your channel.Have agreat day.
The only constant in the delivery business is that it is constantly changing in every aspect. And never think it wont change the very next day.
Happy Birthday...enjoy
Happy Birthday!
nice video jeffery
+welsh phillip thanks for watching
Hi Jeff... what additional advice can u give to a driver if he/she wants to buy a truck paying cash? New or used truck.
Your crazy if you think you can put down $5k on a truck, try $15 to $25k to buy! Not all loans have balloon payments. You guys who work for companies always defend lease, or lease purchase, the thing is just because your not very smart doing what your doing doesn't mean you need to defend to us smart guys who wouldn't even think of doing this. Go out and buy a truck for cash, you don't have cash too bad..! Stay clear of truck leases through trucking companies, they will screw you on interest that is why they do what they do cause your not putting money down and majority of drivers have shit credit..., you don't have the credit to buy a truck then stay a company driver.....Also stay clear of mega carriers!!!!!
+Richard Wyatt I did get a Truck for $5000.00 on a 2002 Truck long ago, but there was no ballon payments on the lease purchase and I do not use a dispatch.
I am a Heavy Hauler and I never been a Company Trucker nor went to school for CDL in fact started out in Trucking as a Truck Helper load/unloader for few months with the Owner -Operator and he asked me to get a permit to help him drive his Mack and we ran every State plus Canada and that when I started seeing CASH. John was a cool Trucker and took care of me. That was back in year 1986 and Trucking not the came from the as it was in 1986 .
I really do not trust being a Company drivers and never been a Company guy.
+Yahya Kamara by the way what you said about $5000k or %15 to $25k true to because I have check around, however there aree some places that may take $5000k down, but what kind of Truck are you buying???
lease you can just trade it in for a newer one or walk away. buying you in it for the long hual. it's takes a good driver to push it. if you can't run it good then stay as a company driver.
thanks for the info on buying and lease
After you finish a lease and buy the truck how many years can you depreciate the used truck? Thanks
It’s a 3yr depreciation of the buyout price plus the interest deduction on the loan every year
Billiant! thanks
Can you put this info in a board or paper and explain again please.
Though it's been over a month, Happy Belated Birthday Jeff!
Thanks Jim
Awesome info Sir. No Dispatching allowed! so to pick my own load I want to use a Company that allows me to choose my freight ... IC with the Big Orange?
BTW I hope you had a great Birthday Jeff.
Jeffery like what company should I join that would benefit me as you explained on your video I live out in Los Angeles ca
Happy birthday mann
Would u suggest buying a truck if you are signed onto a small company with 6 owner operator trucks
Thanks for the info. H B , pops. ...
Basically they are starving you if they pick the freight lol.
Jeffery great information, but IMO you should gives drivers the complete picture so they know where to go in order to take your advise. Just my 2 cents.
hey do they let you put a apu on the tractor so you don't gotta idle?
i like your videos very informational i am thinking of becoming a o/o i have been driving for over three years and the last 12 mounths local i am considering shcnider because of the ic board what are your thoughts thanks
Did you do a full service lease with Schneider or 3rd party?
I am not in the same business. But I try to make important payments, such as for a car, and sometimes the house, every 3 weeks !!! It works for me quite well. Every 3 weeks !!!!
Jeffrey...what company would you suggest that I lease a truck. And what company would you suggest that I lease the truck to where I pick my own loads.
+D Sanders email me
a big difference between a bank and a carrier. it doesnt behoove the bank to take the truck back they cant use it they want the money, a carrier will have you buy the truck find a reason to take the truck back (you broke the contract maybe because of a highway infraction) then put joey greenhorn in it as a company driver.
How much money I need to start my own trucking business
what about a used truck. Is it worth it to purchase one by lease
Hey Jeffery, does the lease cover insurance too?
Happy birthday Jeffrey I have question between the two company you mentioned which has work out better the one you deal with agent or who you are with now and with the company you are with now do they have a age on how old your tractor is to work for them
The one I am with now is a much better system. They have a vast freight pool and you don't have to call anyone you just click n go. They use to not have a year requirement but I have heard 10 yr or newer but you can always ask if your truck is older. If you want to discuss the companies over the phone email me at liketrucking@gmail.com
Thanks i will
What is a full maintenance lease?
I ended up changing my start date now. the change there train your partner program at last min. not really right. but that big company for you.
+QUIT NO MORE FITNESS I hear you .These companies change all the time.
THANKs Jeffery . its a great video . I AM a new trucker . working for SWIFT now . but I be thinking to become a owner operator .and thinking to buy a used truck for my 1st one or buy a new one . what is your suggest . have a nice day !
+ZHENG CHU email me at liketrucking@gmail.com
Actually you can't always take a lease truck to another company. It all boils down to your contract and if they allow it
Thats just the TRUCK payment right?? What about insurances??
I'm a new reader and could I ask what company your leased to
why would anyone NOT have the CAT scale app
now you don't even have to call to move loads around everything could be done on the app.
what company you with
schneider
Happy belated Birthday Jeffery. I really appreciate the vidoes I've seen. I'm considering going to your company and I've been looking for as much info as I can get. If you don't mind, how can I find you on Facebook?
so tell me after leasing a truck 1st how much money will you make ?
+Jose Villegas it depends on how you run. you can easily make 80-90k a year
cool nice
what better used of new
+jose garrido New r the warranty which will give you time to save for breakdowns
do u get detention pay/
+mark fein yes we do
What I don't get about lease purchase programs and O/O for large companies is they mostly pay $1 or less per mile. I have seen more then a few drivers run the operating cost per mile to be $1.30- $1.50 a mile. How can you run with a company and make money if they are paying less then your operating costs?
Because you get onto a company that pays percentage . Then you make more than what you just posted .
And what would you consider a good percentage I see a lot for just 60% still seems low for you running your equipment?
Email me and I will send you the breakdown
Sir, I wasn't able to find your email so I sent you a message containing my email! Thank you for your time as well.
ski1123 Personally I prefer working on a percentage basis, but percentage or per mile. the thing to remember is what is the bottom line. Those companies you see paying a higher rates will pass on more responsibility to the contractor. If I could lease on with someone that payed 99 cents a mile but paid most of my expenses enabling me to maximize my bottom line, I would consider it. Again the most important thing is what will be your overall cost and bottom line.
What company is this sir
Worked for a small company same thing. If you get dispatched your cherry picked and also screwed , so .. no longer work there , always keep your wallet in your own hands..lol just saying..
Wait your birthday is June 11th? If it is then happy belated birthday
University of Michigan.....................
Have you no dignity?
Skoal2205 email me at liketrucking@gmail.com
i like your videos very informational i am thinking of becoming a o/o i have been driving for over three years and the last 12 mounths local i am considering shcnider because of the ic board what are your thoughts thanks