Another Leasing Scam--advice please

probably not needed.... they lied to you and you played their game thinking it would get better "because you needed a job to support your family" NO driver should ever ever ever L/P ,,,well I never will.. sorry about your luck

 

What company??????

 

If I understand what you have posted, you have signed 4 leases on 4 trucks in 1 month? Did you read the leases before signing? Both parties are bound to the terms in any contract. You may want to contact OOIDA, tell them what happened and fax them a copy of your leases. They have a lot of experience with this type of thing. If what you have posted is true, then you may also want to contact a lawyer. Carriers can withhold your final settlement up to 6 weeks.

 

Not true. They can hold your escrow for up to 6 weeks, not ur final settlement. Unless it says otherwise in your contract.

 

I think the lesson that should be learned here is that if you want to do a l/p, you are better off doing it through a dealer. Think of all the money you spent for repairs and down time (trading trucks that weren't the price of scrap metal)...that could have actually been payments to a dealer.

I have done a lot of research on these l/p deals that companies offer. There are maybe a few companies that do what they say, but the majority of them will screw you in a heart beat. I would also highly suggest that if you apply with another company to make sure that this company hasn't placed false information on your DAC report. If there is any false information then you have the right to dispute it or if you do file a suit then make sure it is court ordered to remove the negative remarks. Just food for some thought.

 

I would consider that the final settlement.