@scatpack103 Thank you, Boss, for your clarification. Don't know where you got your numbers from - or which geography you're referring to -....but to let you know, there are 20,000 cities in this country. And numbers differ, based on your location.
@scatpack103 Also, don't forget that a lease purchase allows you to save money at the beginning because lease payments are way lower than loan payments.
It's all a matter of perspective.
@scatpack103 I don't agree it's...a "VERY" high risk. Every move in the delivery business is potentially risky. Now, to say it's high risk depends on your perspective. A lot of new trucking authorities don't have a choice but to do a lease purchase.
@scatpack103 Interesting comment. Could you please explain what you mean? Because there are scenarios where leasing a truck would work, and there are scenarios where buying the vehicle outright would be better. Would you mind to elaborate?