Hello friends,
I purchased a brand new freightliner about a year ago. It now has 280,000 km and I’m wanting out.
How should I go about passing my lease onto someone else or how should I go about selling my truck to someone without taking a big loss.
Selling my 2018 Freightliner: Need Your Advice
Discussion in 'Canadian Truckers Forum' started by Gibraltar, Jun 9, 2019.
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Too many unknowns here to get a good advice.
Did you purchase the truck or did you lease it? Big difference.
If purchased, cash or loan?
If loan what is the loan balance?
If leased, read your lease agreement for way out. Not all lease agreements are the same.MartinFromBC and Gibraltar Thank this. -
Sounds like your going to take a big loss when you sell it.
It may take a while, unless it is owner op specs.Nothereoften and MartinFromBC Thank this. -
I hope not but what do you mean by owner op specs?
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I leased it.
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All gauges.
Fridge, microwave, inverted.
Apu.
Axle gears to go play in the mountains.
All the good options.
I don't know exactly what else could be had. -
Yes to all of them.
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In that case look at your lease agreement for a way out.
You'll have to convince someone what great deal this is and have them take over the lease. Make sure is done legally so you will not be on the hook if that person decides to bail out too.Gibraltar Thanks this. -
I dont know why some folk keep on going down the road after they realize they are on the wrong road to begin with- and weve all seen those guys who kept on going when the sign clearly showed the bridge was too low.
I think most will agree: the smart thing to do is get off or get yourself turned around sooner than later- so, congratulations on that.
Interest rates right now are fairly low, your unit is still fairly current (not too old) - a small bump in interest rates may change that picture pretty quickly- just something to consider if you would rather take a bath now or laterMartinFromBC and Western flyer Thank this. -
then they most likely will renew a lease with someone else
you say you bought it, but did you really just LEASE IT...????
if you are still leasing it, you cannot rightfully sell it.
.Gibraltar Thanks this.
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