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?
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Surprised at Prime Lease Purchase
Discussion in 'Lease Purchase Trucking Forum' started by texasmorrell, Dec 14, 2019.
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Cabinover101, Coffey and D.Tibbitt Thank this.
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that's interesting, as i too have never heard of that....but, i suppose as it was said, "as long as you continue to make the payments"...
i cannot say if "some judge" did so tell them.
the only thing i can ever recall was, at any lease, you cannot haul loads for other carriers, unless the lessor was notified and paid a "fee" for the use of the trailer?D.Tibbitt Thanks this. -
Wfx has the same thing in their contract i have heard. After 1 year u are able to pay a certain amount of money and go to a different carrier. Sort of a buyout of the contract with the company but the lease company still owns the truck....i would be hesitant at taking a recruiters word for it . They may tell you that to get u in the program but if it doesnt state that in the contract then it is certainly not true. Make sure u read every word of that contract.
rachi, Cabinover101, nredfor88 and 2 others Thank this. -
Schneider lets you take the truck elsewhere too.......
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RubyEagle, Aamcotrans, rachi and 7 others Thank this.
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Enjoy Cancun... Good times.Lumper Humper, Jarhed1964, Upinsmoke and 3 others Thank this. -
Oh wow this is the guy that stole mercers trailer lol
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VinceBlack, alds, Aamcotrans and 8 others Thank this.
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