On the other hand, the operating lease includes expenses that are kept off of the books. With this type of lease the truck driver assumes no role in the ownership of the truck.
Truck drivers should take into consideration both typed of lease.
How Can Truck Drivers Purchase Their Leased Vehicle
Once the lease purchase contract comes to an end, the person who has signed this contract will have the opportunity to purchase the truck from the lease purchase trucking company, or to simply return the truck to the trucking company.
Still, this decision is no simple.
Except in the situation when the truck driver who has leased the truck is satisfied with the performance of the truck and wants to keep it.
Truck drivers who will want to purchase the truck at the end of the lease purchase contract should have accurate pricing information so that they will be in the situation to make an appropriate offer to the lease purchase trucking company.