Question about returning plates to lease carrier.

What does registration say?

Is it in your name or in the carrier's name?

If it is in your name, they are yours.

Also look at your contract, you don't have to sign anything, the contract may cover it.

I would never ever have a carrier buy the plates, I always pay for them that way if there are issues with he carrier, I don't have to worry about moving the truck to another carrier.

 

They are the carriers plate.

 

If given by the carrier. They are most likely theirs

Most will give you some $ back if you leave like one carrier I was on with would prorate them and only refund you once they were able to assign them to another owner op so if they were $2400 they would give back $200 per month of what was left after the new guy took them

Place I am with now is monthly so if I leave it just stops
Either way. That’s the main reason I run my own. You don’t save anything and there’s no hassle at the end

 

And you eat the time they sit waiting to be reassigned. Most carriers are good at this but some will drag on 'waiting' to reassign

 

If there's nothing in the contract then technically thered no penalties. However, they do belong to the Carrier and tjey have all the legal grounds to come after you for them and any issues that surround them. Why do you not want to return them?

 

Hmmm. Their plate, did they take an escrow amount from you?

 

It can't be transfer from one DOT number to another. So in others words they have authority over that plate regardless of where the funds to pay for it cam from.