L/P. Bad idea?

Discussion in 'Lease Purchase Trucking Forum' started by DelayedSquid91, Sep 24, 2024.

  1. DelayedSquid91

    DelayedSquid91 Light Load Member

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    Apr 2, 2024
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    Here is the estimated costs and the breakdown of our Lease Purchase program.

    • No Down payment

    • No Balloon payment

    • No credit checks

    • Our trucks are Standard Freightliner 2021 NEW Cascadia 126' Cabine Sleeper with mileage between 350,000 to 400,000 miles.

    • Truck Installment is $750,00 weekly.

    • You will have up to 208 weeks/48 months/4 years to payoff.

    • Trailer rental estimated costs:
      • Dry Van $300/week

      • Reefer $500/week

      • Flatbed $300/week.

      • You can rent personally, or we can rent for you (rental prices vary in accordance with the market and contracts are 90 days minimum, changes are based on availability)

    • We work with Fixed Load Packages starting at 10% (Starter) up to 15% (Premium) to provide you:
      • First week installment Free

      • Dedicated Dispatcher

      • Freight Factoring

      • CS team

      • 24/7 Road Assistance

      • Backup truck in case of need

      • Fuel and Tolls discounts through Billor Partnerships.

      • Premium Financial Services (fintech services to maintenance, repairs or breakdowns even before pick up a load that can be paid through deductions on your weekly payments)
    • Insurance package (load, trailer and truck): $360,00 per week.

    • Kit Flatbed: Total - $2600,00 divided in 40 installments of $65,00 weekly.

    • Occupacional Insurance: $40,75 per week.

    • Vehicle Registration Plate: $45,00 per week.

    • Monitoring and ELD Log: $30,00 per week.

    • Carbon Neutral Certificate: $0.01 will be charged per cargo mile.

    As our partner, you will gain access to a range of valuable advantages, such as:

    • Your First week truck installment is free

    • You'll receive $400 Fuel Credit on your first Statement .

    • Backup truck in case you need (Enterprise and Premium)

    • Dedicated Dispatcher to provide loads that'll be aligned with you professional profile.

    • Financial Support for preventative maintenance and breakdowns (Premium)

    • Partner discounts (Bestpass, RTS, Loves, Motive and others)

    • 24/7 Road Assistance Team coast-to-coast (Enterprise and Premium)

    • Walk away lease with no penalties after 12 months
     
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  3. Numb

    Numb Crusty Curmudgeon

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    very posts on here have anything good to say about a fleece/purchase
     
    Bean Jr. and tscottme Thank this.
  4. DelayedSquid91

    DelayedSquid91 Light Load Member

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    Apr 2, 2024
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    When I read this yesterday. I noticed that whoever does this starts at almost -2k each week without fuel. And that recruiter let out that the dry vans can't pay their bills
     
    RickAnniston and Numb Thank this.
  5. JonJon78

    JonJon78 Road Train Member

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    This is a horrible deal, how the hell do they find people to actually sign up for something like this?
     
  6. wichris

    wichris Road Train Member

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    Because there are 1000's that think they can get something for nothing.
    I have zero, nada, zilch sympathy for those that think they can.
     
  7. DelayedSquid91

    DelayedSquid91 Light Load Member

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    Apr 2, 2024
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    Not sure. This company done tricked at least 100 so far.
     
    Numb Thanks this.
  8. JonJon78

    JonJon78 Road Train Member

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    Jul 1, 2018
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    I don't have any sympathy for them either. I'm guessing the "professional dispatcher" that comes with this horrible deal, is based in India or the Ukraine too... :biggrin_2554:
     
    drvrtech77, tscottme and TheLoadOut Thank this.
  9. DelayedSquid91

    DelayedSquid91 Light Load Member

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    Apr 2, 2024
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    Didn't bother to ask that question. This company is based out of Orlando btw
     
    FearTheCorn Thanks this.
  10. rollin coal

    rollin coal Road Train Member

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    Mar 29, 2008
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    Notice they never mention rates and volumes because you're just cheap extra capacity.
     
  11. DelayedSquid91

    DelayedSquid91 Light Load Member

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    Apr 2, 2024
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    When he said the dry vans were having difficulty and they weren't hiring for that. I took many steps back
     
    Bean Jr. Thanks this.
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