My first lease purchase.

You need to improve your math skills. I will pay about $125,743 for the truck. It had 104,000 miles on it when I got it and came with a Tripak APU.

 

Every loans (non stop) do you think if you buy from a dealer you can skip payments if you don't have the money NOT. I believe he gets too skip a payment every 6 months. Now $125,000 for a truck with 100,000 miles on it is not a bad deal, look on the Truck paper and see what a T660 with 100,000 miles is going for, then add your interest for the loan term and you will be paying more, plus don;t forget your 20% you have too have too put down. and the trucks 2 years old with a tripak apu

 

Mine is a little more. My payments are 602.16 per week for 46 months with a $10,000 buyout at the end. We do get a free week every 6 months so I will have 7 free weeks by the time mine pays off. It should be $125,743 if I remember right that I will pay for it. When I got it the same 2010 truck without a APU was going for about $105,000 with the same miles. Add interest and I would be paying about the same if not more in a normal financing situation. I don't feel like I am being ripped off at all.

 

I am assuming that they will allow you to operate your truck thru them when it is 7 years old???? I know they have an age limit on their trucks they allow to be leased to them, but since you are doing a LP I don't see it being a problem.

And $125k is not bad. Does the truck have the SCR engine or is it a DPF model?

Does the $602 each week include some type of maintence payment and does it include PM's thru the company??? I know some do

 

I know when I started they said the oldest trucks they will allow to be leased on are 8 years old but once you are on you can stay on as long as you want. You put .07 per mile back for maintenance and are responsible for your PM's from that. It has a DPF.

 

So your payment is $602 a week, and that only covers the payment. And then on top of that you put away .07 cpm for your maintance?? Can you use the maintance fund whenever you want to?? does it have to be used at company approved shops or can you take it wherever you want to???

I looked into a lot of LP programs a few years back and did not find any that were like what you have. ACT does not sound too bad so far for someone who needs to do a LP

 

Well i would tend to listen to blackfoot too...as far as lease, its probable ok if your single, no house payment, no child support, no car payment, no credit card payment and wear a big orange cone on your head saying dunce. Jst Sayin'

morgage 1300
3 kids 900
car 400
3 dogs 60
credit 900
misc 400
food 700
doctrs 150
power 300
entertain 150
misc 80
lease truck payment 2200

cpm .89

truck repairs-flat tire
Ecu-repair-tow needed
brakes
oil
fuel
wiper blade
headlight
trailer light
overwight ticket
log book fine
Air line replair
Drive line repair
fault codes keep comming up
truck service oil/lube
another tow, brokedown agian
borken chains-repair
Air can leaks
elec fault warning light
water line to radiator busted
Altnator belt broke
alt bad, replacement
Rotton egg smell Batts
Rock hit windshield
mirror hit wall backing in
Jan-Feb-Mar-low miles
your sic, prescrip not legal to drv

So you want to become O/o..ENJOY!

 

you think your pay was low as a company driver,you aint seen nothin yet,you better hope they give advances cause your gonna need them unless you like beating on other drivers doors beggin for food

 

I bought a truck and a trailer and my payment is only 500 a week for the both of them

 

Tell me about it. I have taken home $11,100 in the last 4 weeks after truck payment, fuel, insurance and .07 a mile for my maintenance account is deducted. Kind of contradicts your blanket statement about lease purchases don't it? Which company driver positions pay more than that?