Lease / Purchase
#1
Rookie
Thread Starter
Join Date: Jan 2007
Posts: 7
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
#3
Senior Board Member
Join Date: Jan 2006
Location: Central Maine
Posts: 1,192
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.
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#4
Member
Join Date: Feb 2006
Posts: 103
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.
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#5
Senior Board Member
Join Date: Oct 2006
Location: Hinges of HELL!!
Posts: 878
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
#6
Rookie
Join Date: Jan 2007
Posts: 13
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
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http://www.iTrucks.Org
#8
Senior Board Member
Join Date: Oct 2006
Location: Hinges of HELL!!
Posts: 878
Originally Posted by 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 yootie
#9
Rookie
Join Date: Jan 2007
Posts: 13
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.. |


