Getting out of a lease within the first 72 hours

Discussion in 'Report A BAD Trucking Company Here' started by cali5742, Nov 14, 2010.

  1. cali5742

    cali5742 Bobtail Member

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    Nov 14, 2010
    Redding,CA
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    I signed a lease of Friday around noon and had to sit all weekend because they don't have me assigned to the truck according to dispatch.But the shop and security has me in the truck on their computer.Now my wife is close to losing it in a nervous breakdown for fear of not having any money.Anybody know the ropes or have advice for me?Would sure appreciate it.
     
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  3. swenjj

    swenjj Light Load Member

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    Apr 11, 2010
    St.Croix Falls , WI.
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    what company? are you a new trucker?
     
  4. FLATBED

    FLATBED Road Train Member

    In many cases the cooling-off period is 72 hours, which gives you the right to cancel a contract by midnight after the third day following the signing of the contract.

     
  5. aladdin sane

    aladdin sane Medium Load Member

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    Towanda, Kansas
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    Another in a long list of reasons why you NEVER EVER get involved in a lease purchase. You think this guys wife is upset now? She'll blow a gasket by the time this guy rides this one out. The fun is only beginning.
     
  6. TrailerTruckin

    TrailerTruckin Light Load Member

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    Nov 24, 2009
    Somewhere in lower 48
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    True Story!!! Why oh Why do people believe the B.S. WOW
     
  7. Injun

    Injun Road Train Member

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    West o' the Big Crick
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    Go to Leasing first thing in the morning to see of they can waive charges for the days you sat because of somebody else's goofup.

    It would help to know how to answer better if we knew which company it is.
     
  8. 123456

    123456 Road Train Member

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    B/S post !!!!!
     
  9. BJnobear

    BJnobear Heavy Load Member

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    Aug 24, 2010
    PCB, FL
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  10. White Dog

    White Dog Road Train Member

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    Why do you people thing this poster is trying to "BS" anyone? I don't get it. Don't you think there are people stupid enough to fall for Lease/Purchase, get screwed day one, and then ask for advice on a way out?

    Is it because this is the posters first post?

    Please explain why you sheep would jump on someone straight out of the gate.....maybe I just don't see something.
     
    Nootherids Thanks this.
  11. Nootherids

    Nootherids Light Load Member

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    Oct 28, 2010
    Woodbridge, VA
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    The "right of refusal" law is state specific but in most states you do have 3 days from time of contract to repeal your agreement. If the case is just that your wife is upset over the $30/day give or take that the truck is costing you without making money, then try to get a credit for it. But if what she is concerned about is the fact you spent 3 days without bringing in any income, then make sure to show her that if you turn the leased truck in...then you will definitely not have any money coming in from any angle. You will be starting back at step one.

    IMHO, you should either ride it out and take on your lease until you make some money, or get out of it, take things slow, and make better educated career choices.

    P.S. I'm not as condemning of lease programs as other people in this forum are. It will never be the same as not leasing and might F you over in the long run, but sometimes options are limited so you go with the best you got.
     
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