Lease Proposal

Discussion in 'Ask An Owner Operator' started by Blacktooth 018, Mar 26, 2021.

  1. Atlanta trucker

    Atlanta trucker Road Train Member

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    It states "rent"
    Why do you want to make rent payments ???
     
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  3. wis bang

    wis bang Road Train Member

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    Jan 12, 2011
    Levittown, PA
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    Open your eyes.

    I lease (8) tractors from Penske; brand new for 7 years @ $1,600.00 a month each with Full service/maintenance included with a 'free' rental to use when one of mine is in the shop.....

    Oh Yeah and Road Service too!

    That's a $134,400.00 pay back on a truck that runs around $134,000.00 new with all wear and tear items covered...

    Most of the lease purchase deals I've seen resulted in the same old piece of crap being leased out multiple times as the last guy failed...
     
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  4. TallJoe

    TallJoe Road Train Member

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    Chicagoland
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    Neither Pensky nor most dealers (if there are any, where are they - I'll be first one to call?) would lease on these terms to a solo guy. Certainly, not to a guy with no prior history or credit.
     
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  5. Oakland Raiders Forever

    Oakland Raiders Forever Medium Load Member

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    Rent ...

    At least there honest lol
     
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  6. 77fib77

    77fib77 Road Train Member

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    St Louis
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    21k to start with. I would buy a truck with less down. 21k they really have you over a barrel. If you buy on your own, you can leave if they really suck and take your truck to some place else.
     
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  7. wis bang

    wis bang Road Train Member

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    True, and that nut plus any repairs that are our fault come directly out of the bank every month.....
     
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