Leasing at Prime

Discussion in 'Prime' started by ironpony, Jun 25, 2012.

  1. sazook

    sazook Road Train Member

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    Springfield, MO
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    Sure they will. Saw a guy get a payout at a Friday meeting once of all the built up reserves on an ACE lease truck he had been teaming with his wife in for the past 3 years. It had over 700,000 miles on it and he was getting the title. The payout was in the $70,000+ range if I remember it right. (1CPM and excess mileage is charged on the ACE lease to return truck to regular lease spec should you not complete it. When you complete the ACE lease you get back 100%)
     
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  3. ironpony

    ironpony Road Train Member

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    On an ACE lease, yes. But if you exercise the buyout option in the standard contract, the term is 2 years, and you must have less than 450,000 miles on the unit. Otherwise you have to provide your own financing.
     
  4. silenteagle

    silenteagle Road Train Member

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    Ozark, MO
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    I think it might be time to do a post on the Ace lease, but I will reserve my post until after I get it done :yes2557: .

    FYI- Everyone looks at the warranties on the engine, xmission, and drives. Remember to get your PM's done, as after 10k past the due date you void that warranty. Somewhere U2 or IP said to carry filters for the PM if you can. I would recommend this, as I have been to 4 T/A's in the past 3 weeks and still havn't been able to get the PM done. It will be done this week though, cause I ain't gettin a load until it is done:biggrin_25521:
     
  5. scout80

    scout80 Bobtail Member

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    Jun 28, 2012
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    dont know if anyone ansered u if u lease u can have a pet with really no limits as long as u keep up on your truck and dont let the pet mess up things if the pet breaks it u pay to fix it
     
  6. ironpony

    ironpony Road Train Member

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    Yep... you're responsible for the condition of the truck when you turn it in. They do want to know if you have a pet on board, since we have a few customers who will not allow you on their property if you do have a pet.
     
  7. otr48

    otr48 Bobtail Member

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    Mar 28, 2012
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    what amount were you using has a truck payment ? new or used ?
     
  8. silenteagle

    silenteagle Road Train Member

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    Ozark, MO
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    Truck payments are based on a new truck. Older leases may be up to $200 less.
     
  9. Jas7887

    Jas7887 Bobtail Member

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    Jul 7, 2011
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    If I live in Chattanooga, what are the chances of me being home 3-4 nights a week and still paying my bills. It's all about short runs that pay, right? Cant I run short lanes near home?

    Atlanta, B'ham, Knoxville, Nashville, even Charlotte is just a few hours away, as well as Cincy and Roanoke, South Carolina...so on.

    I could be home 3-4-5 nights a week and still make decent money right?? Or wrong?
     
  10. U2Exit

    U2Exit Road Train Member

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    WA and VA
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    Not a chance. Anyone who tells yo you can be home 3-4 nights a week at Prime is full of it.

    3 or 4 nights in a month. Sure.

    No one better spout of about some dedicated possibility... Never heard of any dedicated guy getting more than two consistently while passing by the house. Dedicated guys usually have to invoke the 3 week plan for their full hometime.
     
  11. ironpony

    ironpony Road Train Member

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    The dispatch model we use wouldn't keep you in that area, unless you could come to a private agreement with your FM. I doubt you could be at home that much, and still make enough revenue to support the truck, let alone the familly.
     
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