TEL Lease

Discussion in 'Questions From New Drivers' started by Kingty9183, Sep 10, 2021.

  1. UturnGirl

    UturnGirl Road Train Member

    3,095
    13,517
    Jan 16, 2010
    Texas
    0
    Repair costs can eat you alive. If your truck is under warranty, TEL and the repair shop will leave you cooling your heals while they fight over who pays for repair. Oh, yes, I know your maintenence escrow is your money, but they won't let you just pay for it and sort it out later.

    Some folks do make it. Like some folks hit big bucks in a casino.
    You may be lucky and your truck stays solid with only routine maintenance or you may get a "Monday " truck. Heck of a high $ gamble.

    Lay aside extra money for expenses and downtime. Be sure you have good insurance in case you're laid up or hurt. Get truck payment insurance. I personally recommend ooida for insurance and discounts but that's just my opinion.

    Get an accountant or accounting service and for heaven's sake set aside and pay quarterly IRS.
     
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  3. 579 ultra

    579 ultra Bobtail Member

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    Oct 7, 2023
    0
    Are TEL lease truck governed
     
  4. harold6091

    harold6091 Light Load Member

    120
    135
    Dec 25, 2018
    0
    So how is it going with the lease?
     
  5. Voodoo Pyg

    Voodoo Pyg Oink! Oink!

    590
    717
    Jan 25, 2015
    Corpus Christi, Texas
    0
    They come off of the lot at 65 MPH. You can up it, but the limit is 70 MPH.
     
  6. UturnGirl

    UturnGirl Road Train Member

    3,095
    13,517
    Jan 16, 2010
    Texas
    0
    A couple of years after I thought TEL was completely satisfied they came at me with a collection agency and a bunch of bogus charges. I hired a lawyer and he got rid of them, but it was a nail biter for awhile.
    I Do not recommend them.
     
    Voodoo Pyg, JoeyJunk and flood Thank this.
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