Mercer flatbed trailer lease purchase

Something about if Mercer didn't get paid, then they would take back what was paid from the driver ??????
I think maybe. Could be wrong, I have been wrong before I will be wrong again I'm sure.

 

So what is the length if the lease and the total cost of a flatbed or drop deck thru Mercer?

 

60 months. Mine is 425 a month plus 100 escrow. So 525 x 60 months equals $31,500. At the time for the same trailer the best i could find from a trailer dealer was 28k cash. Add in a reasonable finance charge and it was quite evident mercer isn't making much on these trailers.

 

I grabbed a used one
44 months at 535 with a purchase price of $1


I reread the lease - technicaly I'm renting the trailer for 500 a month and a 35 a month administration fee and on 3/1/2020 I can buy the trailer for 1$

I'll tell you they take care of the trailers that come back if you buy used , mine for example had new brakes . Some others had new tires .

 

28k. Did that include side boxes?

 

Yep. But not good ones. The same cheap ### ones mercer buys.

 

True but I got mine with 23 payments left new boxes and tires. I gues the utility's are higher becuse mine is $635 with $3700 left on the note at the end but I looked for a used and couldn't find a 2012 anywhere near 18,000 without the financing

 

I'm assuming the trailers available through Mercer are combo trailers versus full aluminum?

 

Yes they have Great Dane combo trailers available

 

Yikes looks like you got some good air under that boat hold on baby