Looking for a lease purchase company

Quality and Landstar. Top of my list.

 

You I'll see replies from people saying all lease purchase contracts are bad. The truth is: some are bad some are not. Find an honest company. I suggest to work as a company driver at first. Are there owner operators who successfully completed a lease purchase, own their truck and continue to haul for the company?

 

When you get your CDL you gonna lease ?

 

Miller transporters is a good one. I bought and paid for 2 trucks with them. I bought a 3rd truck and did a year with it until a few days ago when they deleased me. Even though we separated under not so good terms mostly because of my disagreements with certain policies i cannot knock the company. Their lease purchase program is very easily completed and many complete and stay.

 

When they deleased me i sold the truck to a flatbed company and am putting another truck i already owned back on the road

 

Lease purchase? No. Lease option (rent with option to buy)? Maybe. After the first 2 years or so. Not so much for "POTENTIALLY" more take home pay, but more for the ability to make my own schedule (see: signature) and for the business operations experience. Rent for 5 years. Build credit. Save $200 per week. Buy used truck cash. Lease on. $20,000+ credit line for breakdowns, repairs, etc. Go huntin' n fishin' (see: signature).

 

Both have lease "option" programs available. Also called walk-away leases. See my post above.

 

Biggest mistake that people make is they don't look for the program that is the right fit. If I had to do it again and didn't have $7500 for Lone Mtn, I would do the L/P that was really a rental that paid out on completion so that I had the money to get a truck at Lone Mtn or other program like that.