I'm in the last stage of getting approved to purchase a loan mountain truck. I've got all my ducks in a row, and I feel confident. I've never heard of anyone getting their truck repossessed or not getting their title for self inflicted reasons (namely failure to make payments). This is not something I'm worried about happening, but I just like to see every possible angle just to be safe. I am confident, after completing a Schneider lease purchase, lone mountain will be no problem. Has anyone had this happen to them? Or is this not a problem for anyone because lone mountain truly works with you to get their payments? I'm not asking about maintainence, I know sometimes their used trucks have issues, I only want to know about having to turn the truck in without finishing your lease, and why it happened.
Lone mountain info
Discussion in 'Trucker Taxes and Truck Financing' started by gimacen, Aug 3, 2021.
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What type of co. are you going to lease your new to you truck on at, if they are paying % or mi. makes a big difference in the money you will get each week?
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baha Thanks this.
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Lone mountain WILL pop you truck if your late.... not a day or 2 but after 7-10 days....
remember your payment it auto draft and it hits your account 1st thing in the morning so if you move money to that account at say 10:00 that day to cover it guess what... your payment bounced....
If something happens be productive and call them BEFORE they call you....
Last year (Jan 2020) I broke my ankle (work related) I called and told them what happened, sent them a copy from the ER. They changed my payment 21 days out to give me time to get my disability checks rolling, and kicked the next one to the backside.... they'll work with you IF you let them know what's going on...
I friend broke down for 5 weeks (dpf on National back order] they worked with himSpeed_Drums, Jarhed1964 and Northern Nomad Thank this. -
flood Thanks this.
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If they allow you to take the truck to get it put on a near/by Dino, and have the the ECM. printed out to where you can look at it after they ck the truck out you have picked out, then all seems good, but there are a lot of trucks for sale now?
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Speed_Drums, Jarhed1964, baha and 1 other person Thank this.
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Speed_Drums, gimacen and baha Thank this.
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Jarhed1964 Thanks this.
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