No More Weekly Payments!!!

Discussion in 'Lease Purchase Trucking Forum' started by hobbypassion21, Jul 9, 2017.

  1. hobbypassion21

    hobbypassion21 Light Load Member

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    Aug 1, 2010
    Grand Prairie, TX
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    Landstar.
     
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  3. sealevel

    sealevel Road Train Member

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    You have options but none are good. 1200 a month with little money down will put you in a not so gently used truck with a half ### warranty at best. Even worse you will be paying twice what the truck is worth because you will be considered a credit risk in a already risky business. Low monthly payments are nice but you had better have cash on hand or you will be driving down the road with your butt tight enough to cut steel everytime you hear a strange noise. Actually you have to work harder than you normally would in order to build cash for maintenance and repairs. Done preaching it's not what you asked. Check out Bulldog Truck sales in GA. Nice enough folks, they will hook you up....But you are only going to get what you pay for;)
     
    Lab work and mslashbar Thank this.
  4. hobbypassion21

    hobbypassion21 Light Load Member

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    Aug 1, 2010
    Grand Prairie, TX
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    I really do appreciate your brutal honesty and help. Thanks for giving it to me straight.
     
  5. nax

    nax Road Train Member

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    Patience is a virtue...and it allows a special fleeting item called "TIME" to give you clarity of mind.

    Could your inherent impatience have had something to do with why you got stuck in a 3-yr L/O status and still came out empty handed?

    This guy below has some good truth...

    I just picked up (paid CASH) a 1998 VNL with 695K (real & original) and so far, I have had to learn how to replace two brake chambers on the drives due to rust. I have also decided to replace the other two (just because) since I do not want to deal with road side call. Brake Chambers are cheap, Road Side call ...NOT CHEAP

    I've also had to resolve a in-dash leak (cost me $0.00001) using a new o-ring.

    Today, I located a leaky leveling valve, and also a air-tank leak. These will be fixed this week.

    Moral of the story? I'm not rushing to get the truck the road since (a) No Loan = No Weekly/Monthly payment (b) Willingness to get my hands dirty, and learn a few things on my truck before getting stranded by some silly problem that could have cost me small $ at home, that ends up costing me BIG $$ on the Interstate shoulder.

    Patience, my friend, patience....
     
    kimbosa Thanks this.
  6. Knucklehead

    Knucklehead Road Train Member

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    And where did he say he wouldn't have the funds?

    Would you want to start paying your rent/mortgage weekly? I think not.
     
    PAtruckerlife Thanks this.
  7. dngrous_dime

    dngrous_dime Road Train Member

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    Jan 28, 2014
    Lansing area, MI
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    I do....
     
  8. sealevel

    sealevel Road Train Member

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    Nice find on that truck by the way. Congratulations. While your tool box is open change your fuel lines. Trust me on this. Also start a thread on your truck already. Would love to see your progress.
     
  9. sealevel

    sealevel Road Train Member

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    I see what you are saying, but 700 a week is really the same as 2800 a month. Generally speaking the problem doesn't fall in the in the price or terms of equipment purchased. It falls in the rates you are willing to run said equipment for. Running a million mile truck and a new will break you the same. I don't care how you pay for it. It will always boil down to rates.
    I guess my point is I don't care what you pay out or the terms. Just better be concerned about what's coming in. That determines every decision.
    BTW. I run a older truck and do extremely well, but a new truck would be soooooo nice. It's just a numbers game.
     
    Knucklehead Thanks this.
  10. Knucklehead

    Knucklehead Road Train Member

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    That's cool that you do. People normally go monthly.
     
  11. redoctober83

    redoctober83 Road Train Member

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    Seattle, wa
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    And for most people, the normal is broke and in debt barely making monthly payments but thinking they are on top of the world because they can make those minimum payments and keep an extra $100 at the end of the week/month.
     
    fargonaz and #1don Thank this.
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