Congratulations and welcome to the Stevens Transport family.

To clarify for a second time since you must have missed what I said. There in NO Lease Purchase at Stevens Transport. None, Nada. You will not lease a truck with a purchase at the end. There is a purchase program bt it is seperate from the Lease program.

 

I think highlighting the fact that other industries are quickly moving to a 25-30hr work week to avoid Obamacare is an important point. Many people have been cut from 40 to 30 or less and the hourly rate has not been changed to adjust for it. Did people really think that employers would not find a way around this when they voted for it. DOH! (enough politics).

 

So many TTR readers just use that phrase "lease purchase" in a very unspecific, willy-nilly, generic fashion instead of considering the meaning behind the term that I have decided to define them.

Lease-purchase: A lease contract that might...okay, probably will...end with a balloon payment to conclude the sale of the power unit to the lessee.

Lease: A fancy name for truck rental wherein the driver pays the lessor, very often the same company the driver works for, a weekly fee for the privilege of "ownersup" and the responsibility to pay for everything. There will be no exchange of title at the completion of the lease, no matter how long.

Just keep in mind that not every driver who leases a truck wants to own it at the end. Some of them just want the challenge of being a small business owner for a clearly predefined, limited period of time.

You're welcome.

 

well chillis does offer health ins. ( Cant afford it ! ) Obamacare ( cant afford it ? ) they want 500 a month for Obamacrap ? so where is the affordable part ! Oh well !

 

Thank you Sir ! I guess the fact Im 53 Helps LOL... no spring chicken here ! Also I dont have visions of grandure. Im gonna take it one day at a time and learn everything i can. I like being alone so that wont bother me. also I want to see more of the good ole us of A. Ive learn'ed how to take a step back for a minute if it doesnt work the first time. And just keep trying till its done ! And as always safety first.

 

Well yeah, I know you have to lease first then option to buy with another loan but it is thru the same company which I said was Alliance after I realized that I goofed on saying Stevens first, but yes the lease and then the purchase is thru the same company which is Alliance, sorry, I'm just used to saying lease purchase but what I'm saying is eventually I'll own it if I proceed thru the whole process.... my bad LOL

 

Good luck emm!!

 

Its a very rare occasion that they will let you purchase the same truck you were leasing, although it can happen under specific circumstances. In most cases if you want to purchase you will choose a truck from the available "for sale" fleet.

The purchase program is completely separate from the lease. Owners and Lease Ops are both under the umbrella of Alliance as far as pay goes but the purchase is actually through a Bank out of New York. The loan is backed by Stevens and is financed at 18%. They also want 6000.00 down.

 

A lot of the Stevens fleet does get sold to 3rd party vendors, ie, MHC Kenworth. The financing options through these dealers may be more appealing but if your credit sucks it may not be an option.