lease purchase

Discussion in 'Experienced Truckers' Advice' started by maximusskipp, Dec 4, 2010.

  1. Romans612

    Romans612 Light Load Member

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    Jul 6, 2010
    Dallas Texas
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    lol.... that WOULD suck....

    I am covered under KLLM's service plan (which is outside of the contract) I decided the more expensive plan, but puts all repairs into the hands of KLLM. Whether its tires, cab extenders or a new D.D. Series 60.... KLLM repairs or replaces it.
     
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  3. HEAVY DUDE

    HEAVY DUDE Road Train Member

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    Jan 5, 2010
    NUNYA
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    I'm not a fan of lease purchase~with one exception~ a buy out at the end that is affordable. $35,000 for a $20,000 truck isn't affordable. Your lease buy out at $1.00 is. Good luck.
     
  4. 123456

    123456 Road Train Member

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    It's pretty darn hard running 1 truck.

    2 would be pushing it,

    not that it can't be done.....but twice the headaches !!!!!

    But I wish him well, he is very determined, and may just pull this off !!

    Good Luck Romans612 !!!!
     
  5. Romans612

    Romans612 Light Load Member

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    Jul 6, 2010
    Dallas Texas
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    I will make you eat those words :biggrin_2559:

    I have found the keys to success in life.... is usually NOT the job itself... its the attitude you TAKE to the job.... USUALLY.
     
    chompi Thanks this.
  6. Romans612

    Romans612 Light Load Member

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    Jul 6, 2010
    Dallas Texas
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    thank you bro....

    I will keep you guys updated....
     
  7. 123456

    123456 Road Train Member

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    relax,

    I meant it in a nice way..............
     
  8. Romans612

    Romans612 Light Load Member

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    Jul 6, 2010
    Dallas Texas
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    haha, I know man. Im just messin with ya... :biggrin_25525:
     
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  9. joasis

    joasis Bobtail Member

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    Dec 27, 2009
    Hennessey, Oklahoma
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    Bear in mind the miles you will run to make the end of the lease. What? 200,000 added to the 600k now on the truck? That makes a very high mile truck that will be hard to sell when it is done, unless a lot of money has been spent.

    Would they offer you the same or better deal if you bought your own truck and leased on with them? Bet you would not even know it was the same company.

    I can't imagine being an O/O and having my truck neutered and a qualcomm dish on the cab. Or, wanting to pull into Detroit and having the engine turned up or speed set, and not being able to.
     
  10. JAX853

    JAX853 Bobtail Member

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    Apr 21, 2010
    Phoenix, Az
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    You will get more negative replies than positive on the lease purchase on this site. My suggestion to you is find a company with the L/P program closest to your backyard, contact them, talk with L/P driver and get some questions answered. Everyone has different situation to overcome so chose the company that's best for you. Drive as a company driver for at least 6 months to learn their operations (freight lanes, DMs, terminals, trucks, etc), compare the bucks between company and lease driver you will make per week. If all checks out and you have devised a solid plan and have an back up plan for I.C.S.H.(In case s..t happen), Go For It! Why dream, if you don't pursue it!
     
    ac120 Thanks this.
  11. chompi

    chompi Road Train Member

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    Deland, FL
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    "Neutered"! That's classic! Good one man! I don't think it matter what you tell the original poster. As you read page by page you can see the "self justifying" building. I give it a 99.9% chance he is leasing a truck by the end of the month and a 98.9% chance he will turn it in before summer. Sorry just the facts.
     
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