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This question is about lease purchase trucking.

Is Lease Purchase a good idea for truck drivers?

By Zippia Team - Dec. 7, 2022
Yes, lease purchase is a good idea for truck drivers. These programs allow drivers to purchase their own trucks without having to shell out an exorbitant amount of cash upfront, all while reaping the benefits of working for an established carrier. If you're a truck driver looking into these options, though, it's important to make sure you know exactly what you're getting into and that the program offers what you're looking for. Look carefully at your contract (and maybe hire an attorney to look at it as well) to make sure that you know exactly how much you're paying, how much you can expect to work, and what maintenance and other costs the carrier will cover. You should also check to see how long the lease program is to ensure that you'll be able to afford your payments and still have a valuable truck at the end of it - usually, two years (four at the max) is a good length of time for a lease purchase contract. Before you jump into a lease purchase program, check with other truck drivers to make sure there isn't anything you're missing before you sign on the dotted line.

Is Lease Purchase a good idea for truck drivers?

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