I’m a lease purchase driver I signed contract but no where in the contract did it say I had to pay$550 for sechdule 2290 on a truck not in my name. Is this right or wrong
Yea they are most likely taking it out weekly with IRP, tag payments, in the payments somewhere in the mound of papers you sign when got the truck you are driving now and hope/fully making a big ck. every wk.???
I’m pretty sure the 2290 has to be paid by the first name on the title. That’s the one thing that’s exempt from Lease agreements. A Company can pay all plates permits, fuel taxes. Workman comp. Any other perks. But 2290 tax needs to be paid by “Owner” in this case you’re the Owner, Company your buying from is the finance company. You have till Aug 31, to pay. Depending on when IRP plate is due, a copy of the paid receipt ( with water mark, if payed online) will be needed, along with proof of insurance, and copy of Operating Lease agreement.( Not Truck financing Lease agreement) Two different things. My IRP is due Sept 1st. I’ve often paid 2290 on the last day, Let Plate expire, renew on Sept 2nd or 3rd. Your Company’s going to let you know, so they can renew your plate, if they’re doing it for you. The problem with that is they sometimes charge you back for the full amount, yet they Own the plate, should you leave, free to put it on one of their Trucks. Then you’ll need to buy a new plate, one way or another.
On your contract look for the term "and other fees as required". It's usually in very small print. If the contract has that kind of wording, either get all the fees explained to you or get out of the contract. "Other fees as required" is a license to steal.
I think people need to get a lawyer, hand them the contract and have the lawyer write up a summary of the contract so it is all explained to the person before they sign it. if you can’t afford the $200 to $400 to get this done, then you don’t need to be an owner but a driver.
