Has anyone delt with Lone Mountain Truck Leasing?

dont go thru freightliner philly

 

im also looking at lone mountain, but currently stuck in a pos from freightliner

 

A guy I worked with bought a truck through lone mountain... This is how process went for him.. He went to their Houston location.. They made him take some sort of class on being an owner operator... Signed some paperwork and ASSIGNED him a tractor.. He was allowed to do an inspection on the truck on-site.. He completed it and saw nothing wrong.. He got truck to yard had it inspected.. and so on.. 2nd load out his rear ends caught on fire.. Lone mountain said welcome to owner operatorhood.. He got truck fixed at 4k cost to him.. burned up rear drive brakes and tires before he could get it out.. He replaced everything and started rolling again.. At month 3 truck started using a gallon of oil every 2000 miles.. by the end of that month it was using a gallon every 400 miles.. He swears he called and asked for a trade or some sort of help on getting this fixed.. They said.. let us check it out.. Never got back to him.. (which I understand it is his at this point he didn't understand it)..

One night I get a call from another driver asking if I can stop and jump this drivers truck off.. I agreed to help I get there attempt to jump him off.. and the truck will turn over half a turn and nothing.. Lights all work and everything.. I tell him the bad news that there is no compression in this motor and he probably has some major major problems.. and he does.. Shop down the road confirmed rods mains crank pistons liners and bull gear are all shot.. He needs a complete out of frame.. Which this shop can't do.. He calls lone mountain to ask (this is the dirty part) if they have anyone that can loan him the money for a 18,000 out of frame rebuild.. They surprisingly say yes. He is shocked.. agrees to have truck towed to Detroit of freightliner in dallas.. (he never specified)... They call a wrecker to come get the truck.. and he hasn't seen it since.. this was last November.. (2012) luckily it only had 1 toolbox cb and a broken apu on it..

disclaimer: Now I only got his side of the story... Lone mountain may tell you a completely different story, but I would be leary of them....

 

Not the way I have heard they operate. I have heard from a number of happy Loan Mountain customers. Send a PM to Flood here on TTR. He bought a truck through Lone Mountain and can give you the straight scoop. (not saying the above story is not true, just think you should talk to an actual customer)

 

I do not believe anything unless I hear it on the c.b.

 

They don't have a Houston location. Hmmmm

 

If a truck does not come with a warranty, the problems belong to the person who purchased the truck.

I read somewhere on here about a guy who got a truck from lone mtn. He had a major mechanical problem within one or two days. Lone mtn let him exchange the truck for another one. I thought that was generous of lone mtn.

People buy a used truck and are then surprised when it develops problems. And they seem to think someone else ought to fix it or at least front them the money. I don't understand it.

Anyway, Lone Mtn looks like a more reasonable deal than many others out there.
Check interest rate and add up all the payments etc and see what you will end up paying.
I have seen people pay so much for a used truck that for a little more they coulda had a new one. ( Selecttrucks ).
Also. You may be able to get an extended engine warranty from the engine manufacturer.

 

None of this story makes sense.

 

It is up to the purchaser to spend the time and money, if necessary, to thoroughly check out any truck before buying. A dyno and oil analysis can usually tell you a lot about the general condition of the engine. Spending the money for a good inspection can also help out with finding any potential problems. Whether you buy a truck through Lone Mountain or any other dealer, you should be diligent in checking out any potential purchase. It is only good business. There have been a couple of threads about Lone Mountain. You may want to do a search. Lone Mountain is a lease purchase. You are actually buying the truck, but with a lease you can depreciate all payments rather than having to depreciate your purchase, which may not be as advantageous to you, as far as taxes are concerned.

It is usually better to have your own financing before you find a truck. Your local bank or credit union will usually offer better terms and interest rates than a lender who doesn't know you. But, most dealers have their own sources for financing.