trac lease

[bugiii]

been exploring expediting for awhile i plan on entering into the field for the last 5 years of my working career and heard about this trac lease program andbody have any comments about this program?
I just think leasing would be more beneficial to me seeing im only going to be in the business no more than 5 years
p.s want to drive a straight truck thanks for the info and the pros and cons of this program

 

[bruchar]

My advice to you... before you make a purchase, get a good accountant that is experienced with trucking issues first. Discuss with them your plans and that way you can start with some solid information before you make a big financial commitment. I would not rely on what a dealer suggests unless you want to end up broke. A sound business plan along with good financial planning is the key to being successful in any business. We do have a trac lease on one of our units, the one nice thing is you can pay off early (in case you want to sell) but keep in mind every case is different, and a good accountant will give you sound advice for your particular situation. Best of luck.