O/O lease program

everyone seems to like the JCT lease but I still think it's too much. The only reason any company leases you trucks is that they save $20,000 per year per person compared to having tem as an employee over an independant contractor. they have to keep their own trucks moving but they don't care if you have to it a week.

go look at lonemountaintruck.com you can lease a truck from them and put it on any company you wish. that's where i got my truck from and i've sent alot of people there. it's a straight up deal and at the end of your payments you own it.

I do get a referal but $100 isn't enough to make me send someone if I didn't think it was the best thing going for people with questionable credit. please though if you do just PM me for my name so I can get the referall fee

 

Al, you big used car salesman you.LOL

To the original poster, I will agree with MedMan on everything he said about LoneMountain. As a matter of fact, I was the one whom sent him there and I claimed the refferal for him leasing his truck. I actually have two trucks leased from them in my small fleet if that tells you anything about them. And no, I'm not in any way interested in the measly $100 refferal. Give it to MedMan if you go there.

 

ya... give it to me!! lol

 

actually I have sent 4 people there and i have never gotten a referall bonus so i'm not too worried about it.

there is some down sides to the lease though. First off they don't do trades so you can't trade up later on (although i'm trying hard right now to get them to let me trade my columbia in on a classic) and second it's a lease. so much down, so much a month for so many months. And there is no benifit to paying it off early like a loan where you save all the interest. you can pay it off early but you still have to make so many payments of so much. Thus it makes it jut about impossible to sell it off somewhere down the road untill it's all but paid off since you won't get enough to cover all your payments.

but even at that it's the ONLY fair deal for bad credit lending.. I looked at them all

 

Want to avoid getting burned by a lease-purchase agreement?

 

lets just say they will look more at your experience and history and your plan then your credit. They don't like to hear you want to go independant they will much rather hear you have a solid stable company who is going to lease your truck on. My credit was crap and I got approved I sent some people there with much better credit that got denied. Im assuming because they had listed that they were going to get their own authority. Sent them back a month later with a company to lease the truck to and they got approved. so who knows.