Path of Lease Assistance

Max Kvidera | June 02, 2011

In the third year, the depreciation would be only about $11,848, or 14.8 percent. The fourth year, the depreciation declines to 7.4 percent, or about $5,920. Most owner-operators find it challenging to save for those years with leaner tax writeoffs.

  • Travis

    Before you sign a lease-purchase, you may want to check out
    my Kindle book, “Bare-Knuckle Trucking; Strategies for Owner-Operator
    Survival.” I wrote this book to detail many of the ways motor carriers and
    their captive finance companies transfer the capital cost and tax burdens to
    lease-purchase operators while retaining ownership of the truck to indirectly
    control the lease-purchase operator. I actually got the title to my truck, but
    it was through a unique set of circumstances that will not be easily replicated
    at a large fleet. I did learn a lot about the mechanics of the lease-purchase
    process, along with the way motor carriers use lease-purchases to the carrier’s
    advantage.