No dealings with them but it's the same old scam that's been going on for decades.... the down payment gives them instant cash... the payments you make pay for their truck. If you miss a payment, are late or do ANYTHING in violation to their high interest finance contract they will take back the truck and sue you for the balance.
Then they 'sell' the truck again to the next sucker...
Has anyone heard of get a sleeper today or regional financial
Discussion in 'Ask An Owner Operator' started by IMTruckingIThink, Aug 25, 2010.
Page 2 of 2
-
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
-
smugglinggoods is kinda on the mark I do have some credit issues but the biggest is that I have about 15,000 tied up in a dump truck(yeah I shoulda known better) called myself trying something diff than runnin the road but i hve learned my lesson if your a trucker your a trucker and nothins like truckin. so i wanna get bck on the road. as for trading it in the only good deal are south and north of MD and i dont want to run it from dealer to dealer trying to get best valu. got it online 4 sale but my need to haul is calling me so iam looking into all options and putting 3500 dwn and paying 1200 a mnth doesnt seem like a bad option jst want to make sure the company offering isnt a bad option alla(UTG,American Equipment Leasing,NO Credit Check LLC) Thanks for the input fellas I really do appreciate it all, only wish that 10yrs ago when I first started(TMC) i woulda knwn true truckers.
-
Lease a truck from one place and taking it to another place where you get your work probably isn't all bad.
But leasing you truck from the same place that feeds you is always a bad idea for the guy holding the short end of the stick. That is when the deal becomes a FLEACE and you are the sheep, the company holding your note and your ability to make money becomes the sheep shearer.
Me personally.... I lost $30,000 (at least) on a fleace gone bad. Other folks have lost more.
Just say no to the fleace purchase deal.IMTruckingIThink Thanks this. -
aint that da truth, the good thing is that this company has nothing to do with freight they just lease trucks, I checked them out with FL BBB and they had very few complaints and about 90% of them were resolved. They also will send me the lease to have my lawyer look over so I figure if they had something to hide they sure wouldnt do that.
-
Hey Brickman r you the guy that sold his setup to the driver that was posting his progress somewhere on here, if so how is he doing and is me still posting?
-
I sold in 07 to Broncrider.
Now hes got the rig up for sale.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
Page 2 of 2