Lease Purchase Programs?

haven't looked at the websight. but the contract is NOT like a lease contract. it's an actual purchase.
there are puchase prices but no set payments or anything like that. not like a typical 3 year agreement or bank loan or anything.

only contract with a payment amount is the trailer rental agreement.

course, if you don't make it through the program. then i guess all you did was lease and you got nothing out of the deal.

 

if you read the opening thread statement. the op said they didn't offer it.

i just followed on his statement.

I am looking for information about the various lease purchase programs out there. I'm preparing to lease a truck with a company and make the next step in my career. I don't have this option with Maverick because they don't offer it for the refrigerated division, mainly because it's still small and they can't guarantee enough income for a lease operator.

doesn't give any details to leasing either. $300 truck payment. nothing about the rest of the expenses.

it's dated 2010. they may not even offer it anymore.

 

He said they didn't offer it for the reefer division.They have had it on the flatbed side for several years.

 

Sammons is flatbed/heavy haul. I doubt SRT would finance the balloon payment, with the lower weekly/monthly payments then some places as long as you don't have any major breakdowns or anything you should be able to have well more than the balloon payment saved up between your maintenance account and maybe a separate escrow account just for additional funds towards the balloon payment

 

I can only speak to JCT program as that is the one I'm familiar with. All miles paid plus fsc, all permits,scales,tolls,lumpers paid. Pre pass,pike pass and Ez pass provided for you. Loaner trucks available to you if your truck is down for an extended period. If your maintenance account goes negative your per mile maintenance deduction gets bumped up .03 per mile until you are back in the positive. Compared to many companies that will hold all earnings until you are paid up. In the 6 years I have been here I know of no one getting starved just prior to paying off their lease. And in fact know of over a dozen that have done so.
now having said all of that here is what many fail to recognize. While you are a contractor, you are part of a team. As an independent you don't care about any load but the one you contract to pull, here not every load will be ideal, but are needed to be covered. If you come to JCT the tools are there from the equipment, miles, office staff, and if desired a driver mentor like myself, to be successful. A driver mentor is many different things to different people. Primarily we are are here to share how we stay successful but even more than that we help ease the transition by giving you someone to go to for advice and questions.
Bottom line no one company or program is perfect for everybody. To make any business be successful takes a level of dedication well beyond just doing ones job. This one has worked out wonderfully for me. And while everyday has not been perfect, I have never regretted coming here. Nor do I have any plans to leave. If you have any more detailed questions feel free to ask me here or directly by mail message.

 

a commendable plan.

 

We have a yard in fort with so dropping there is not difficult. We are in and out of Amarillo and Lubbock all the time so that solves that location. I have never delivered in Shreveport but I am through there regularly