I know most lease purchase programs suck, but not all, I have worked with some that give the guy a chance. Here is a deal, not from a carrier but from a 3rd party finance company and it is the worst I have seen, EVER.

This is a story I am working on for "TurnAround"

The Buyer has horrible credit, so the finance company turns him down, they then forward his app to their truck rental program. Here is what he ended up with.

1998 Volvo 770 845,000 miles

I did some research, average price on the street $23,633
lowest price for same year and mileage $17,500

He signed a rental agreement for $559.99/week for 261 weeks with $4,000 down

If he finishes the agreement, he will pay $150,157 for the truck which equates to 136% interest

If he walks away he will be charged .25 a mile for all miles over 2000 miles per week.

Don't miss the show to find out what will happen with this one.