Lease purchase

Discussion in 'Questions From New Drivers' started by kingoftheroad33, Mar 23, 2023.

  1. kingoftheroad33

    kingoftheroad33 Bobtail Member

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    Mar 23, 2023
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    I know all the bad parts about this everyone say don’t do it get you own truck but they always ask for a down payment and lease is giving a chance. Can you make money this way ?? Asking for a fried
     
    Chinatown Thanks this.
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  3. TruckerPete1990

    TruckerPete1990 Road Train Member

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    Bentonville Arkansas
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    Some make money some don't.. If you can't afford a down payment what are you going to down when the truck is down on a L/P program? That payment still comes in. These leases really aren't giving anyone a chance.
     
    tscottme and cuzzin it Thank this.
  4. NH Guy

    NH Guy Medium Load Member

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    Only way it would make sense to lease purchase... the truck is brand new, and you can take the truck and lease on to another carrier. Otherwise you are a company driver who is paying all the expenses.
     
    nredfor88 and ducnut Thank this.
  5. Chinatown

    Chinatown Road Train Member

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    Henderson, NV & Orient
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  6. lual

    lual Road Train Member

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    SW Georgia
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    Be careful -- they don't call it...."fleece-purchase"....for nothing. o_O

    -- Lual
     
    Rideandrepair and ducnut Thank this.
  7. Mnmover99

    Mnmover99 Light Load Member

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    Oct 22, 2022
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    At ATS, if the truck is broke down in the Freightliner dealer shop at St Cloud MN, the payments stop until it is earning again.
     
    bzinger, Rideandrepair and Bean Jr. Thank this.
  8. Pepper24

    Pepper24 Road Train Member

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    Your still not making any money.
     
  9. Pepper24

    Pepper24 Road Train Member

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    Why do you want to do this is the better question
     
    Rideandrepair Thanks this.
  10. Judge

    Judge Road Train Member

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    Newport, Ar
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    Tell your fried to get a friend and go to schneider.
     
    Rideandrepair Thanks this.
  11. Big Road Skateboard

    Big Road Skateboard Road Train Member

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    And accruing interest I'm sure.
     
    Rideandrepair and Catmando Thank this.
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