Good company for lease purchase

Discussion in 'Ask An Owner Operator' started by shellhart, Sep 3, 2011.

  1. shellhart

    shellhart Light Load Member

    78
    10
    Apr 6, 2010
    memphis tn
    0
    Can anyone tell me a good company to do a lease purchase progream with. I know what most are going to say is go to the bank get a business plan and all that. Great idea I agree but my credit is horrible due to things in my past.. If anyone has any ideas other then a lease purchase I am open but I dont know or think there is in my situation so I am looking for a good lease purchase. Any help would be appreciated
     
    popcorn169 Thanks this.
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. BigJohn54

    BigJohn54 Gone, but NEVER forgotten

    1,972
    1,599
    May 13, 2011
    SW Missouri
    0
    Do a lease purchase with a company like Lone Mountain Truck Leasing if you must do this. They do require a down payment and if you don't have some saved up, you are most likely in trouble to start with. Here is a thread on them:

    http://www.thetruckersreport.com/tr...rator/136733-lone-mountain-truck-leasing.html

    When you do this, you can lease your truck to whatever company you want. This is not as good as purchasing a truck but better than a lease/purchase where you lease from and run the truck for the same company.

    IMHO, you should look for a percentage lease not a mileage lease.

    You do realize if you purchase and finance a truck it belongs to you and the financial institute has a lien on it? This means your name is on the title.

    If you lease a truck, the company you lease it from has their name on the title and has ownership. This truck does not belong to you until you complete the term and conditions of the lease and excute the buyout if there is one.

    We can't make recommendations on companies to lease to without knowing what kind of trailer you plan to pull.
     
  4. Gears

    Gears Trucker Forum STAFF - Gone, But Not Forgotten.

    4,511
    3,185
    Aug 20, 2009
    0
    Hill Brothers in Omaha has their lease contract online if you wish to read it.
     
  5. Sidelined

    Sidelined Light Load Member

    58
    16
    Sep 1, 2011
    northeast, MS
    0
    We are looking for o/o and l/o in the Memphis area if your interested in flatbed. Check us out at blairlogisticsinc. com. I'll try to answer any questions I can here also.
     
  6. snowwy

    snowwy Road Train Member

    20,595
    13,317
    Jul 6, 2009
    0
    that link doesn't work.
     
  7. Sidelined

    Sidelined Light Load Member

    58
    16
    Sep 1, 2011
    northeast, MS
    0
    yea, Im new on here and it wouldnt let me add a link until after I made more posts. Maybe it will work now. www.blairlogisticsinc.com
     
  8. blowinsmoke

    blowinsmoke Bobtail Member

    2
    0
    Oct 9, 2011
    tn
    0
    How l/o program at Blair put n application to drive tank
     
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.