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Lone Mountain question

Discussion in 'Lease Purchase Trucking Forum' started by slow.rider, Sep 21, 2017.

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  1. Sep 21, 2017 #1
    slow.rider

    slow.rider Road Train Member

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    Am six months into a Lone Mountain lease purchase, and the carrier I signed on with got bought out, with a new contract likely coming soon. When I signed up, I had limited credit, but they had something where as long as you were leasing on with one of their approved carriers (or whatever these carriers were called), you were almost guaranteed to get approved for the truck.

    But now I'm checking the LM website and not seeing anything about this approved carriers list. Is the approved carriers list only for the initial approval? Or do I have to stick with approved carriers for the duration of my purchase contract? Thanks.
     
    slow.rider, Sep 21, 2017
    slow.rider, Sep 21, 2017
    #1
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  3. Sep 21, 2017 #2
    heartlessangel7

    heartlessangel7 Bobtail Member

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    Not an expert, but Im sure that as long as the truck is in your hands, anybody that pays you is an "approved carrier"
     
    heartlessangel7, Sep 21, 2017
    heartlessangel7, Sep 21, 2017
    #2
  4. Sep 21, 2017 #3
    HopeOverMope

    HopeOverMope Road Train Member

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    That sounds like quality carriers. I went through lone Moutain I never heard of such a list.
     
    HopeOverMope, Sep 21, 2017
    HopeOverMope, Sep 21, 2017
    #3
    slow.rider and poppapump1332 Thank this.
  5. Sep 21, 2017 #4
    tazman74

    tazman74 Light Load Member

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    That's not loan mountain like HopeOverMope said it sounds like quality or some other place. I have my truck from loan mountain and as long as you pay they don't care where it's at.
     
    tazman74, Sep 21, 2017
    tazman74, Sep 21, 2017
    #4
    flood and slow.rider Thank this.
  7. Sep 22, 2017 #5
    slow.rider

    slow.rider Road Train Member

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    Excellent. Thanks guys.
     
    slow.rider, Sep 22, 2017
    slow.rider, Sep 22, 2017
    #5
  8. Sep 23, 2017 #6
    Markham1982

    Markham1982 Bobtail Member

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    I had one from them under my own authority and there wasn't any issues. They didn't say anything about approved carrier stuff.
     
    Markham1982, Sep 23, 2017
    Markham1982, Sep 23, 2017
    #6
    slow.rider Thanks this.
  9. Sep 28, 2017 #7
    Bigrayon

    Bigrayon Road Train Member

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    Well I was thinking them same thing he may be with interstate
     
    Bigrayon, Sep 28, 2017
    Bigrayon, Sep 28, 2017
    #7
  10. Sep 28, 2017 #8
    Bigrayon

    Bigrayon Road Train Member

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    How in the world you don't know who you lease your truck from at least that's how it sounds
     
    Bigrayon, Sep 28, 2017
    Bigrayon, Sep 28, 2017
    #8
  11. Oct 24, 2017 #9
    VolvoTerry

    VolvoTerry Light Load Member

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    Maybe he knows who he leased from but checked out both LM and Quality and mixed up the ad in his mind?
     
    VolvoTerry, Oct 24, 2017
    VolvoTerry, Oct 24, 2017
    #9
  12. Oct 24, 2017 #10
    gpf87

    gpf87 Heavy Load Member

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    No , he’s talking about if you have iffy credit they make sure you’re qualified with xxx carrier before they do the deal .

    Original poster :
    They don’t care after your deal/loan I s approved and in stone . You can park the truck on your front lawn for the 4 years as long as you keep making payments on time
     
    Last edited: Oct 24, 2017
    Reason for edit: spelling
    gpf87, Oct 24, 2017
    gpf87, Oct 24, 2017
    #10
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