Is Quality Leasing jacking the payments up?

They already bumped rates once this year, up 40 to 60 depending on year per week.

 

I'm spending time at the waxahachie Texas office and a lot of those higher prices per week are on 2012-2013 models and INCLUDE ALL YOUR INSURANCE AND MAINTENANCE....all u have to do is pay for your fuel separately....that's why your hearing 900 a week payment....

 

They have a variety of other payment options to that include varying options of truck payment,truck model,insurance and maintenance packages.....it's really how your particular lease with your carrier is tructured as to how well u can do with these options...I'm neutral on these options but it does give u a baseline number not including your fuel ⛽️ might be a good idea for someone newer and doesn't like to do his numbers or isn't quite sure of things yet...

 

I'm looking at some of their trucks - $595 per week for 60 months for a 2014 Cascadia that was used by CRST and another company - doesn't list the mileage, doesn't list exactly the specs on the truck - $154,700 for a truck that is worth less than half that - that can't be right - that better include a maintenance escrow for $300 a week, and even then, it's a little high, hope it has an APU.

https://qualityco.com/listings/2014-freightliner-cascadia-10/

 

Why not buy a 2014 with warrantyand less than 300k miles on it for $1800.00 a month for a total of $108,000.00?

 

If I want to purchase, I'm looking at 30% down and 16% interest - truck has to be 2013 or newer - and that's with a credit score in the upper 700's and no derogatory marks. That's from Dostal Finance. Lease purchase might be a better fit right now for me. I can't swing a $15,000 down payment and still have an emergency fund.

Wondering if I should try another finance company.

 

You need a good credit score. And then there is the insurance you need to carry. Im sure it's a bautiful truck however the tightfisted person inside of me would try to get a 30K truck to do the same work that 108K palace would do.

There is a large segment of vehicles going underwater and going bad across the board as the revenues dry up. If a tractor is leased big deal. If that tractor is a formal LOAN and financed, it's really a big deal for all involved should the business implode.

 

The problem with Quality isn't the price of the lease, it is that most of their approved carriers are bottom feeders that will cause you to starve to death with either low rates or low miles, sometimes both.

 

$595 a week, for 60 weeks on a 2014 CRST run Cascadia? It's most definitely price!

 

Yeah I sent an email to QualityCo to ask them about that $595 price. I asked if half of that is for a maintenance and repair escrow. They haven't gotten back with me yet.

Where is that popcorn emoji at?

Ah.


I sent app in to Selectrucks.