Ex-Arrow drivers with lease-purchases fight to keep trucks

Did tha L/O's turn em in & do they still have them?

 

But you don't gain "equity" in leases ...

And it's looking more and more like a complete company looting by the ownership and management - it's not clear if Arrow even made those payments to the creditors.

http://www.tulsaworld.com/news/arti...articleid=20100108_48_0_hrimgs466671&allcom=1

I wish them the best - but they are probably up ***** creek ...

 

If Daimler knows where they are Daimler has them .
You can build equity in a lease . Many leases have a purchase option at the end of the lease .

 

Just one more example of why not to do a lease purchase!!!!!

 

Why haven't we heard anything on network news about what a horrible thing Arrow has done to their drivers??

If it were any other industry, say...banks, or the entertainment industry, or a politician who had treated employees so shoddily, it would be in the news several times daily for WEEKS.

Judi Kay

 

Yep, some do - but many don't.

Especially if the truck is used, and the credit is handled through the trucking company itself - instead of a 3rd party bank or creditor.

Don't seem like that was the case with Arrow.

 

Private corporation. Smaller town and in the midwest.