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TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
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<p>[QUOTE="mtoo, post: 10074973, member: 57517"]It may not be fair, but, no mater how many lease payments were made The name on the title owns the truck until all payments are made.</p><p><br /></p><p>Hopefully they will be given the opportunity to buy the lease out. But I would be surprised if that came to pass.</p><p><br /></p><p>Even if given that opportunity most would be upside down on what the truck is worth vs payments remaining, and could never find someone to finance it.</p><p><br /></p><p>For the sake of those that made the system work, and had fewer payments left than the truck is worth. I hope that they were/are given the opportunity.[/QUOTE]</p><p><br /></p>
[QUOTE="mtoo, post: 10074973, member: 57517"]It may not be fair, but, no mater how many lease payments were made The name on the title owns the truck until all payments are made. Hopefully they will be given the opportunity to buy the lease out. But I would be surprised if that came to pass. Even if given that opportunity most would be upside down on what the truck is worth vs payments remaining, and could never find someone to finance it. For the sake of those that made the system work, and had fewer payments left than the truck is worth. I hope that they were/are given the opportunity.[/QUOTE]
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TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
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