Anybody know something i dont about their leasing to own deal ?
Hey...i could take my dog if its my truck
eh ?
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Anybody know something i dont about their leasing to own deal ?
Hey...i could take my dog if its my truck
eh ?
it's not your truck and never will be. a lease just permits you to buy the truck for the company. if you are really buying it, it wont be called lease purchase.Originally Posted by zipy46
After the lease is up....according to thier site...Originally Posted by Fredog
u get the truck for a buck ($1)
How long does a lease go in general .... 4 or 5 yrs i suspect
When I looked at them last year, it was a 5 year lease. That, and the fact that you pick from whatever new or used trucks they happen to have at their HQ in Sapulpa, OK at the time of your orientation was enough to turn me away.
According to the lady I spoke with, it was 5 years no matter the miles on the truck, if it was used. The facility itself looked decent, though the area around for parking was not paved if I recall correctly.
Jim
Read my OTR Lease Purchase journal at OTRjournal.com
Originally Posted by zipy46
yeah, but it's kinda funny-- those last 6 payments to make and they can't find any FREIGHT for YOU! and the fine print on the lease says-- you can't go calling your own broker-- OR-- using YOUR truck around your hometown for CASH/ UNDER THE TABLE for the local DREDGE OPERATION.
NEVER make payments to the same S.O.B. that's holding all the cards and suppose to be finding you YOUR BREAD & BUTTER. The bread & butter
runs out-- right before he has to give you THE TITLE to the silverware.
Of course, this is just general advise. Christner from what I've always heard- is a very honest, Christian company.
I'd like to invite you all to visit and join
my new message board at:
http://drivers-lounge.proboards.com
Thanks for the data...alot of people tell me this 'wanting my own truck' is just a passing phase i am in...Originally Posted by JR OTR
hopefully the dellusion will pass...its a very powerful spell
Man...if i put in all those years of leasing and I detected they were treating me dishonestly right there at the end.... i would snap.Originally Posted by headborg
Originally Posted by zipy46
You got to read the Lease real close that's all. No balloon payment at the end-- has an advantage, But if it states-- no early payoff. You'd better save back some living money & money to make those last -- time stretched out payments to the very end of the lease ( just in case the freight suddenly goes missing at the end)
5 years rolls by fast-- when you're rolling to make a payment.
Might consider-- leasing from a 3rd party ( other than your Carrier) with a small down payment.
Or best yet-- if you got good credit-- just Purchase a good USED TRUCK-- find a good carrier to Lease yourself and rig too.
I'd like to invite you all to visit and join
my new message board at:
http://drivers-lounge.proboards.com
Wow...just got some data on a lease
What a racket
Basically u gonna pay 100k for a 4 yr old, 45 or 50 k truck plus closing
charges of around 10K when lease ends...(if u actually wish to keep it)
...plus all the expenses in between
So much for that dream ....Reality ate it !!!!!
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