Lease / Purchase

[Pomie]

I would really like to hear about lease purchase deals....I've been
reading from a site that has all that Lease/Purchase info some of it
sounds to good to be true. :sad:

the site with the Lease / Purchase stuff is www.i-Trucks.org

it's just the info I guess....It also has some stuff on insurance
thats a big thing with this ??

Jerry the Old Man

[Rev.Vassago]

Go to a local Rent-A-Center. They will tell you everything you need to know about Fleece Purchase.

[Rawlco]

Run as far away as you can from a "Lease-Purchase" deal. Stuff that seems too good to be true ALWAYS IS.

The biggest problem that I have with the fleece-purchase deal is that you are making a VERY large payment on a truck that you will never own AND you have to do the maintenance on it. Go with a rental from a reputable company like Ryder or Penske and you will pay the same to get a rental with all the repairs INCLUDED. Tires, oil changes, minor and major repairs are no concern of yours. If your truck is going to be broken for a while they will replace it and you can roll on down the road worry free.

The same money for a much better deal - makes sense to me.

[tumbo1]

there are really no good lease purchases for most companys this is a second income for them i work for crst malone there is one of the better ones i have seen but still rent one from ryder or save the money and buy one if you dont have the down payment you are not ready to be a owner op it takes more money than people think to just keep it going.

[tootie04]

We are lease purchase through Arrow and we are doing fine. Arrow also has a pretty good program too. alot of it is you still need to know how to budget your money and squeeze fuel where ever you can. we are looking foward to the day we can either buy this truck out or live out the lease....but after reading about steves adventures we really would like to get our own truck sooner than 4 years.

tootie

[cadydoo100]

If you back out of the lease say in a year, is your credit shot to hell....or do they try and help you sell the rig ?


Thanks

[classicxl]

stay away from the lease

[tootie04]

If you back out of the lease say in a year, is your credit shot to hell....or do they try and help you sell the rig ?


Thanks

your credit is not at risk with our lease. BUT you loose all the money you paid for the truck except deposits and maint. account

yootie

[cadydoo100]

WOW Thanks for the Replies....
I got some really in depth reponse's..... I guess it's like anything else...
run you butt off, have a little luck and you'll do alright !

One other thing.. Lease/Pruchase really gets you in the set fast ?





Cady..

[Sonny Pruitt]

sounds good to me.you did your homework go for it

[RostyC]

It's not luck it's business, know your numbers. 8)

Sonny.........some of your responses crack me up.

[tootie04]

There is very little "luck" involved with lease purchase.....It takes a while to learn the companies freight lanes and to know where to go and where NOT to go....for instance....We took a run from UT to Texarkana TX we unloaded in TX and knew there was no freight so we had already planned to DH back to Tulsa 270 miles so we could get another load. The other option was to sit the weekend in TX. We also live in Tulsa so if no load at least we would be home...which is cheaper for us.

We were reloaded Fri night and sent to MD with 2 stops....worked out great AND our DH was paid from TX to Tulsa!!

You have to know how to work the system of the comany you are leased to and You HAVE to run smart. Fuel milage and consumption is your greatest cost.

Good luck in what ever you do but think long and hard it is NOT easy.

tootie