I am doing a lease purchase now. I don't even have to stay with the company I am with. Just pay a buy out fee and take the truck to another carrier. Truck note will be deducted out of my bank account. I have a brand new 2018 cascadia. At the end of the four year lease I will have paid 124,500 for the lease. With a balance around 30,000. Retail this truck runs brand new 137,000 starting out. Price may vary in different markets. So I am paying about the same base price just higher interest.
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Discussion in 'Lease Purchase Trucking Forum' started by rookietrucker, Dec 13, 2009.
Page 58 of 72
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Jarhed1964 and bigbyrc Thank this.
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Jarhed1964 Thanks this.
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how much is the buy out fee? -
Jarhed1964 Thanks this.
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I just got ripped off by Israel Parra owner of EZP transportation. (I went to high school with the turd) In this last year I had one owner quit the business, so I went to work with an old dispatcher from another company. That company Platinum Logistics Team out of Chicago, has their main dispatch office based in Serbia. Yes I was being dispatched by a Serbian who never stepped foot in America. It was a boondoggle. So I'm exasperated with the whole working for others thing, maybe I should reconsider my stance on a lease purchase with US Express. Thank God for this site. Common sense just slapped me in the face.
"Keep in mind this question: If there was so much money to be made by owning a truck, why would the company be trying so hard to sell you theirs? LL"Jarhed1964 Thanks this. -
Well said
born&raisedintheusa Thanks this.
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