Best Lease/Purchase program for bad credit

Discussion in 'Lease Purchase Trucking Forum' started by DuesyJ29, Feb 25, 2015.

  1. Hawk E-6

    Hawk E-6 Bobtail Member

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    I leased on with Prime and I made good money 1500-3500 a week after everything was paid. I will not say that everyone will make it, there will be ones that will fail. I will say is be careful because there is l/p that are not to be trusted.
     
  2. chalupa

    chalupa Road Train Member

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    Isn't that black Volvo at LM gorgeous? And 4 / 500k warranty? But with payments like that you would need to roll and roll hard with most deals.

    Not for me but sweet.....

    JMO
     
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  3. OONewbie

    OONewbie Light Load Member

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    oh yeah it's very nice on top of the $2,500 month payment I just found out last week the new trucks have an 11 thousand mile a month mileage cab only charge 12 cents a mile for every mile there after payable once every 6 months. ... hidden clause they don't mention on their site nor in the 5 phone conversations I had with them until I was ready to move forward so basically about $2500 a month payment shor
    up to about 2700 a month .out of the four leasing companies I spoke to they still the most legit straight up deal
     
    bsmoove Thanks this.
  4. chalupa

    chalupa Road Train Member

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    That bites! Could be a deal killer......so .12 after 11k a month huh? Well that would keep you in warranty for the 4/500 but your leasing for 5 yrs right? So you would have to turn it in from a business stand point and start over.

    That could also be a big check to write........depends.....I mean you couldn't roll seven days a week. You would bust the mileage cap. 22 days a month looks about right and that's not stellar. Have to be some good freight.

    JMO
     
  5. OONewbie

    OONewbie Light Load Member

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    The .12/mile overage charge is after 11k Miles on all miles, payable once every six months, being I'm running solo, I'm figuring a increase of about $120 a month over the $2550 truck payment, so figure $2700 is a good solid # to go with... just to be safe.. yes it's a 4yr/500k mile warranty and all bolt on parts have a 3yrs warranty turbo etc... It's high risk but for someone in my position of credit and collateral it's a reasonable option.
     
    bsmoove and saddle sore Thank this.
  6. Rooster1291979

    Rooster1291979 Road Train Member

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    Maybe the lease wasn't the problem...
     
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  7. pusherman

    pusherman Medium Load Member

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    I hear sammons has an excellent l/p program & no negative paydays.
     
  8. truckerlife74

    truckerlife74 Medium Load Member

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    I hear and was recommend by a good ole mason brother that p&s has the best lease program hands down and also will let you start with zero down and they do flatbedding. I'm just to chicken to try any lease program.
     
    OnTheEdge Thanks this.
  9. Pete jockey

    Pete jockey Medium Load Member

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    Gotta love the fine print. So you get punished for running hard? Well not really hard lol...they can keep that.
     
  10. saddle sore

    saddle sore Bobtail Member

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    OO,
    Is that the deal with Quality-because they never mentioned that to me when talked to them

    or is that another company,thanks for the info.