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A few Lease Questions

Discussion in 'Lease Purchase Trucking Forum' started by akfisher, Apr 16, 2016.

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  1. Apr 16, 2016 #1
    akfisher

    akfisher Road Train Member

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    This is probably a stupid question but if you do a lease purchase do you have to strictly with that company or so many miles per year or what?
     
    akfisher, Apr 16, 2016
    akfisher, Apr 16, 2016
    #1
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  3. Apr 16, 2016 #2
    MysticHZ

    MysticHZ Road Train Member

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    Doesn't matter if you are lease purchasing or you bring your own truck to the party. You are providing your truck for the exclusive use of that carrier.
     
    MysticHZ, Apr 16, 2016
    MysticHZ, Apr 16, 2016
    #2
  4. Apr 16, 2016 #3
    akfisher

    akfisher Road Train Member

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    I assumed that was the case because you arent running on own authority correct? Their plates always or is their an option?
     
    akfisher, Apr 16, 2016
    akfisher, Apr 16, 2016
    #3
  5. Apr 16, 2016 #4
    MysticHZ

    MysticHZ Road Train Member

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    Not completely sure ... depends on the carrier. Some pay for the plates anyway, so no point in bringing our own.
     
    MysticHZ, Apr 16, 2016
    MysticHZ, Apr 16, 2016
    #4
  7. Apr 16, 2016 #5
    akfisher

    akfisher Road Train Member

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    Right just wasnt sure. Surely all of the mega leasers have different stipulations be interesting to know differences.
     
    akfisher, Apr 16, 2016
    akfisher, Apr 16, 2016
    #5
  8. Apr 16, 2016 #6
    Wickedfire77

    Wickedfire77 Road Train Member

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    Get ready for the scolding from the anti lease purchase crusaders
     
    Wickedfire77, Apr 16, 2016
    Wickedfire77, Apr 16, 2016
    #6
  9. Apr 16, 2016 #7
    akfisher

    akfisher Road Train Member

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    No I am not going to lease with a mega. Just was thinking of what rules they have one compared to other. I mean if they get their payment thats number one important thing. Second is hauling their freight. I am not really thinking of leasing just questions here.
     
    akfisher, Apr 16, 2016
    akfisher, Apr 16, 2016
    #7
  10. Apr 16, 2016 #8
    Starboyjim

    Starboyjim Road Train Member

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    Clauses in the insurance policies, getting the payments is the main thing from the driver's perspective, its a little more complicated for the Authority holder.
     
    Starboyjim, Apr 16, 2016
    Starboyjim, Apr 16, 2016
    #8
    akfisher Thanks this.
  11. Apr 18, 2016 #9
    Dryver

    Dryver Road Train Member

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    Not strictly true. Read the contract, there is at least one driver on here that leased his truck through one company and has moved with the same truck to another. The lease went with him. But in most cases there is a clause in the contract that holds you to one company.
     
    Dryver, Apr 18, 2016
    Dryver, Apr 18, 2016
    #9
  12. Apr 18, 2016 #10
    Jazzy J

    Jazzy J Medium Load Member

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    You have dealerships that lease. Guess as long as you have job lined up they will work with you.
     
    Jazzy J, Apr 18, 2016
    Jazzy J, Apr 18, 2016
    #10
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