Any owner operator on LoneMountain lease-to-Own program?

Discussion in 'Ask An Owner Operator' started by Forever237, Jul 20, 2019.

  1. Forever237

    Forever237 Light Load Member

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    May 29, 2016
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    Its vnl 780 not the new body 78 inch sleeper
    455hp D13 3.08 ratio
    1850 foot lbs torque
     
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  3. mover man

    mover man Road Train Member

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    What's your payment?
    125k÷4years=$31,250 a year
    $31,250÷12 months=$2604.17 a month
    $31,250÷52 weels=$600.91a week
     
  4. Forever237

    Forever237 Light Load Member

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    May 29, 2016
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    2595 p/month
     
  5. BoyWander

    BoyWander Road Train Member

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    They will allow you to sell it through them.

    They have to be approved and they also have to put the same amount down they you did.

    For example, I put $10,000 down on my truck.

    If i were to find someone that wanted to buy my truck, they would have to be approved by Lone Mountain, they would have to put $10,000 down, and then they would be able to take over the remaining lease. Anything over the amount owed on it that you wanted, the buyer would have to give you that much.

    I owe like $80,000 on mine. If I wanted to sell it for $100,000, the buyer would have to give me $20,000, then LM $10,000, then they would owe $70,000, divided into however many months $2,595 would go into $70,000.

    Hope that clears it up.
     
    Forever237, snowwy and Socal Xpress Thank this.
  6. Forever237

    Forever237 Light Load Member

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    May 29, 2016
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    Heard you loud and clear, Driver!

    Thank You
     
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