The odds are in favor of the house

OR they allow you to pay in full then SUDDENLY say they will no longer support the maintenance account...
Hindsight is worth $$$

 

There are NO good lease purchases. NONE. Every one I've seen is so heavily weighted in the company's favor it's incredible to me they get anyone to sign on. I can dissect any lease purchase agreement, and make it look like the joke it is. If you do a lease purchase you are a sucker. Period.

Many years ago I sat at Prime's office in Springfield, MO, and spent 4 hours going over their lease agreement. Even when I was relatively inexperienced it was obviously a bad deal. Loved the "lease completion incentive". They gave you your maintenance escrow money back at the end of the lease. Gave you your own money back basically. Played it up like a bonus. But they stopped short of calling it a bonus so it wouldn't be a fraud. Very slick. And shady. I bailed out of there, and never looked back.

 

I leased a truck and got great miles. Stayed rolling until the clutch went out early one morning in Sacramento. It was a walk away lease so I bailed, KLLM didn’t charge me for the clutch an I switched to company. I lost all the great lanes I had; CA to NJ and started getting a lot of short ones. Then I get stuck playing musical trailers and go-between to save freight, swapping out on my 10hr. They’re just selling trucks now. They could sale one truck a couple of time over in it’s life span. But on a walk away lease both driver and company could benefit. Just hit and quit it I’m thinking. Always got the feeling they were trying to shoe me out the door to bigger and better things anyway. I gave them their year and then some.

 

Wow

I just read it’s ok to not follow threw with a commitment you made when the odds are no longer in your favor from that reply?

They are giving me a truck to make money ✅
Running great lanes ✅
Truck brakes down

What awfully advice!
Why didn’t you fix the transmission & keep trucking?

 

Oh I’m not offering any advice. I only have three years going for me and one of those was back in 98. That was my experience in the lease game. The clutch was a 5.000 job. They had to drop the tranny. But I was paying 700 a week and just burned out on all the running. I quite to find a better opportunity, but before that could happen I got in a 4 wheeler altercation, tweaked my neck. I had to sort all that at. Clearly I wasn’t at fault. They are crazy. I’m entertaining the idea of going back out.

 

$5000 for a clutch? Freightliner? ... A new clutch was only $2300 on my International.

 

The rest was the expense for dropping the transmission to get at the clutch. That’s the news the had to break to me. But I had already been shut down too many times before. I was at Dogget in Laredo for a week because a camper parked next to me at the rest area just hooked it right, right out of his spot and drug it down my trailer and knocked out my mirror. I had a DANA tanker back straight into my passenger side fender knocking it down in broad daylight. Had
to take care of a klems trailers a few times, parked at Utility. Chicago I’m setting at a truck stop, look in my mirror and reefer fuel is spraying out like a water hose.
All over the ground. It wasn’t a major truck stop, just dirt and gravel, not many other truckers around luckily.

 

Took a week to replace a mirror ?

transmissions always have to get dropped to replace the clutch.

 

Give it a rest. I wouldn't put my stubs up here for anyone to see either.

 

^^^^^ Be careful of this guy.
•New member.
•Chicago-based.
•Adverts for lease-operators, all over the country.
•Spamming TTR.

 

We have it covered. Thanks for the report.