FAF Lease Purchase

Can't wait for responses.

 

Yea this going to be good popcorn anyone. But who is the leasing company and can you take the truck anywhere else if you dont like FAF

 

A newbie myself, I can't really give advice, but I would suggest you take advantage of the many threads on this forum that discuss lease purchases. It seems to me that they fail about 90 percent of the time and you are left penniless.

 

If those are your options there is no money to be made. Both pay cheap flat rates.

 

FAF, Celadon, ect ect.... and all the lease trucks come from "Quality Equipment Sales" Which is ALL a subsidary of Celadon.

Steer clear is my advice. They pay not enough per mile to make any $$ after your costs.

 

If it Cure Leasing yes you can, they have about 15 different companies you can move to

 

If the only other option is PTL - well I can tell you what I'd do but of course FAF and PTL would argue with me cause they stand to benefit if you lease that truck for 0.90 a mile or so plus fuel ..

My advise : ( just my opinion )

get 10-12k in the bank and be able to put at least 5k of that as a down payment and the rest as a reserve . Go to a place like : ARROW or LONE MOUNTAIN or SELECT TRUCKS - etc and get your own unit and get you a good USED 2005-2007 truck for 35k or so keep your payment 1100 or less preferably 1000 or less and if you want to try these guys out then lease on to them and test the water .

Heres what I think about these lessening companies that give you 3-4or even 10 companies or so to choose from .

YOU ARE SHACKLED !!!!

if you don't like company 1 sure you can go to company 2 or maybe even company 3 .. But they are not gonna let you keep TESTING out these carriers and I'd bet not one of them ( I could be wrong ) pay % ( percentage ) .

By having your own unit prior to leasing on - you are a actual O/O and not a L/O and there is a difference even though the pay is the same . A L/O can't go anywhere and is bound to that investment they made with the carrier or in this case COMPANY SPOSORED LEASING CO .

Its kind of like a sand which you can get a plain Ham and Cheese at Arby's or you can get a deluxe .

Never put your investment in the hands of the carrier when in the end your shackled to them and they control your destiny . You'll get left holding the bag .. And they will still have "Your Truck " that is actually theirs and always was ...

Solution :

1. get your own truck - ( mentioned above )
2. find a good % paying company

go to work and be a O/O not a L/O