I have a question ( Raises hand ).
OP will you own your truck after the last payment? Or is there a $70K buyout / balloon at the end?
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L/P assumptions are amusing
Discussion in 'Lease Purchase Trucking Forum' started by Caseli, Nov 9, 2018.
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There is a balloon payment yes. It's $2,500 not $70k
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Dave_in_AZ and stwik Thank this.
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I'm putting people in trucks with no buy out, so I still got ya beat, but who is the carrier?
Actually the law requires a buyout, so there is a $1 buyout. -
Jim Palmer. I've been open about that un other threads. Real good outfit. Im happy .
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No. JP is owned by Wilson Logistics. We haul prime loads though. Neither owns the other.
Dave_in_AZ Thanks this. -
The numbers are there to lower their expectations. Also to discourage people who are carrying huge loads of debt from applying.
Obviously, it isn’t working. I drove by a so-called sales yard of l/p the other day. It totally looked like a repo lot. Half the trucks there were turn ins from failed leases. -
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