Beware of Road legends lease purchase

Discussion in 'Report A BAD Trucking Company Here' started by Hardworking trucker, Apr 14, 2022.

  1. TruckerWifeBoogie

    TruckerWifeBoogie Bobtail Member

    14
    26
    Nov 4, 2021
    Kansas City Missouri
    0
    Would you mind telling us what the real reputable L/P companies are? Would be greatly appreciated!
     
  2. diesel guy454

    diesel guy454 Medium Load Member

    393
    849
    Oct 18, 2011
    salina ks
    0
    There are none. Lease Purchase is a scam.
     
  3. DRTDEVL

    DRTDEVL Road Train Member

    1,706
    3,424
    Jan 27, 2013
    Austin, MN
    0
    None, really. They are specifically engineered to take money out of the driver's pocket and put it in the company's account. The only successful way would be to lease a truck completely separate from the company and operate it under someone's authority (or your own). That way if they start messing with your money, you can just take your rented truck and move to another company. When you are locked into a company and their freight slows, it costs them nothing to idle you and everything to idle their own trucks, thereby leaving you with short weeks (or months) and no recourse.
     
  4. Stringb8n

    Stringb8n Road Train Member

    1,573
    1,980
    Sep 27, 2015
    0
    Aint that the truth. Besides, nothing like the feeling of telling a company not working hard enough for you to shove it and peeling their decals off your truck and going on down the road. Majority of those LP programs, that is a mere fantasy that they will make certain doesn't become a reality for you.
     
  5. Lonesome

    Lonesome Mr. Sarcasm

    11,131
    22,792
    Dec 15, 2007
    Northern Indiana
    0
    There are very few. Some have said they did well with Schneider. I "heard" ACT had a decent one. But remember, this is a business, not just a driving job.
     
  6. LTL Bull

    LTL Bull Road Train Member

    1,561
    6,566
    Mar 12, 2020
    Ohio
    0
    @D.Tibbitt did it
     
    Last edited: Nov 15, 2022
  7. TB John

    TB John Company Shill of BYOB & CBD

    3,383
    8,210
    Dec 28, 2008
    0
    So what you're really trying to say is, "it's not just a job, it's an adventure!" At one time a small but up and coming company offered to supply the equipment necessary for the adventure/business side of the equation. At one time you could have been cruising down the interstate in a well appointed large car (with well under 2 million miles) with a brand new mattress, pointy lugnut covers and your choice of reclining girl chrome mudflaps or Yosemite Sam BACK OFF mudflaps. All this was backed up by a company that cared about you and your family, friends and neighbors and random people you meet on the street. Those were the glory days of truck leasing.
     
  8. Lonesome

    Lonesome Mr. Sarcasm

    11,131
    22,792
    Dec 15, 2007
    Northern Indiana
    0
    Seems like I've heard of them.....
     
  9. REO6205

    REO6205 Road Train Member

    13,172
    60,495
    Feb 15, 2014
    California.
    0
    That's the problem....everybody heard of them. As in, they liked to hijack threads and get them so far off topic that everybody forgot what they were about to start with.
     
  10. TB John

    TB John Company Shill of BYOB & CBD

    3,383
    8,210
    Dec 28, 2008
    0
    Blame it on my marketing director, @Lonesome his superior abilities brought us to the point where the mere mention of my company in conjunction with the word lease would send folks into a tizzy for and against. Not to worry TTR I'll try not to refer to those 7 letters that brought so much controversy into our midst but from now on I'll refer to it only in the past tense as - - - -&- - -.
     
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.