Everything You Need to Know About Leasing a Semi-Truck

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Are you thinking about becoming a lease driver? If you’ve never leased a truck before, you need to understand what you’re getting into so that you can make an informed decision.

In this video, Caitlin will go through each of the pros of leasing, including pay, upfront costs and flexibility. She’ll also cover the cons of leasing: costs, added expenses and taxes. To help you decide which option is right for you, she will provide tips for leasing success, such as researching different leasing companies, reading the fine print of your contract and seeking guidance from a tax accountant.

Chapters:
00:00 Everything you need to know about leasing a semi-truck
00:24 Leasing Manager, Caitlin introduces herself
00:38 Pros of leasing a semi-truck
00:40 Pro #1: Pay
01:09 Pro #2: Freight options
01:40 Pro #3: Upfront costs
02:02 Pro #4: Be your own boss
02:21 Pro #5: Truck driver support
02:04 Cons of leasing semi-truck
02:44 Con #1: Leasing costs
03:25 Con #2: Additional expenses
04:05 Con #3: Independent contractor taxes
04:48 Con #4: More responsibility
05:13 Tips to succeed when leasing a truck
05:16 Tip #1: Do your research
05:56 Tip #2: Read the fine print of your lease contract
06:17 Tip #3: Save your money
06:38 Tip #4: Ask for help when needed
06:49 Is leasing a truck right for you?

To learn more about being a lease driver, visit our Learning Center:

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