Surprised at Prime Lease Purchase

I was speaking with Prime recruiters about their lease purchase. I was shocked when they told me that you can take their truck and go to another carrier if you want to as long as you keep making the lease payments. I have never heard of that in the trucking industry before. Anytime you do a lease purchase it’s always in the contract that the lease must be completed at that carrier. You are a prisoner at that carrier until you complete the lease. Has anyone ever heard of this before? Do they do this because some judge in some courtroom at sometime told them that they can’t hold the driver hostage with the lease that way?

 

I didn’t inquire. They called me. I just listened. You are correct. Things are rough since getting canned by Mercer. Right now at this very moment I’m sitting on a beach in Cancun trying to figure out what to do with all the extra money I’m making since I went back to pulling under my own authority. They even gave me a free trailer as a going away present. First world problems, am I right?

 

LMAO, yes sure am. Of course the court calls it my contractual right, instead of held hostage. Turns out a Kentucky judge told them they can’t just terminate a lease purchase contract if the contractor is making all the payments. Turns out that Mercer drivers can take their trailers and leave anytime they want and Mercer can’t do squat about it. Now Mercer is scared to death that this info is going to get out to their fleet. Good luck with that I guess.

 

“Stole”? No that’s not me. My trailer was owned by Wells Fargo Equipment Finance. Mercer never owned it. I’ve also got a purchase contract for it. Should be careful throwing around words like stole.