400 wk lease

Discussion in 'Lease Purchase Trucking Forum' started by uplander, Oct 19, 2014.

  1. Dr_Fandango44

    Dr_Fandango44 Road Train Member

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    Aug 27, 2012
    Austin, TX
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    2 things about such vague ads.....make sure there is no balloon payment at the end and that there's no bait and switch. It says that 2011-12 trucks are available but doesn't say that the $400 wk payment is pertaining to that year
    if you carefully read the ad.
    Im always suspicious of " lying by omission" and "Oh by the way" ads.
    as usual Caveat Emptor.
    Should we believe anything that's on Craigslist.
    I wouldn't but that's for you to figure out.
    Good luck.
     
    T_TRUCKER• Thanks this.
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  3. DenaliDad

    DenaliDad Retired Wheel Dog

    Certainly is worth investigating. It might be a good deal - they do exist - or not. Go in with your eyes open and validate what you learn. Ask questions. Ask to see papers. Then decide.
     
  4. Passin Thru

    Passin Thru Road Train Member

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    Mar 8, 2007
    VA
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    Slip seat team trucks ran 100 miles/day from OKC to LA and back. That's 730000 in 2 years and Leeway, American Farm Lines and some other companies did it. AFL had automatic oilers and never changed the oil, some trucks probably ran all winter never shut off. YEP! I want a newer truck for Christmas.
     
  5. 88 Alpha

    88 Alpha Trucker Forum STAFF Staff Member

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    May 12, 2012
    SouthEast Alabama
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    4 to 5 miles per hour (4.17 mph to be specific). Did they make those runs on a wagon train? :biggrin_25525:
     
    MysticHZ Thanks this.
  6. DenaliDad

    DenaliDad Retired Wheel Dog

    And remember, the dollars they show is income to the company you now own of which you are an employee. It's not the same as the income a company driver has. You also have "tax"-related expenses they won't tell you about.
     
  7. richsoucie

    richsoucie Light Load Member

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    Nov 6, 2010
    Myrtle Beach, SC
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  8. DenaliDad

    DenaliDad Retired Wheel Dog

    50 cpm FSC?? Seriously?
     
  9. bigjoel

    bigjoel Road Train Member

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    Houston, Tx
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    Why would anyone want to pay maintenance costs for a truck they do not own?
     
  10. 88 Alpha

    88 Alpha Trucker Forum STAFF Staff Member

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    May 12, 2012
    SouthEast Alabama
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    Years and years ago, when I had bank financing for my truck, I asked myself the same question. I was adamant. I didn't own it, so I wasn't going to do any maintenance on it. I would begin any and all maintenance when I received the title to the truck. Then I would be the proud owner of a truck. `

    A year into this wonderful plan, the truck left me sitting on the side of the road and when the wrecker came to pick it up, they towed it to a dealer and, since I was no longer able to make payments on it, the bank took possession of it. I was content. I didn't own it and no maintenance was done.
     
    Tennesseahawk Thanks this.
  11. bigjoel

    bigjoel Road Train Member

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    Jan 20, 2011
    Houston, Tx
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    You were buying the truck, different scenario. Leasing is not buying, unless you are leasing to buy, and plan to keep it.
     
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