Should I lease?

Discussion in 'Ask An Owner Operator' started by Ownboss trucker, Jun 28, 2022.

  1. Ownboss trucker

    Ownboss trucker Bobtail Member

    8
    9
    May 20, 2022
    0
    I found a truck with 750k miles on it. Can’t finance it because my credit is bad so they can only lease it to me.


    They want 25k down payment( on a lease)
    And the payments are $2100 for 36 months.


    The truck is only valued and 60k.

    Would you take it?
     
    Last edited: Jun 28, 2022
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. Boondock

    Boondock Heavy Load Member

    961
    6,936
    Jul 20, 2019
    0
  4. NYStarcar

    NYStarcar Light Load Member

    149
    360
    Oct 6, 2020
    0
  5. Ownboss trucker

    Ownboss trucker Bobtail Member

    8
    9
    May 20, 2022
    0
    Even if they add a 2 year warranty?
     
  6. NYStarcar

    NYStarcar Light Load Member

    149
    360
    Oct 6, 2020
    0
    Still no and this dealer sounds shady as all hell.
     
  7. JoeTruck

    JoeTruck Heavy Load Member

    729
    2,186
    Mar 13, 2015
    LOWER 48
    0
    Fix your credit.
    Save money.
    Next year there will be better deals.
     
  8. Chinatown

    Chinatown Road Train Member

    57,658
    111,175
    Aug 28, 2011
    Henderson, NV & Orient
    0
  9. Chinatown

    Chinatown Road Train Member

    57,658
    111,175
    Aug 28, 2011
    Henderson, NV & Orient
    0
    At Greatwide We Turn Drivers Into Owner Operators With Our Lease Purchase Program!
    Good Credit Bad Credit No Problem!

    • Apply Online To Get The Process Started.
    • Visit One Of The Dealers Below In Person Or Online And Pick Your Truck.
    If You Have A Dealer Of Your Own Not On Our List No Problem! We Can Work With Them.
    • Upon Completion Of The Lease Agreement We Overnight Your Log, Stickers, etc...
    • Your First Load Will Be Waiting

    • Poor Credit? Try Bulldog or Bush Below.
     
  10. bamanation

    bamanation Medium Load Member

    636
    455
    Jan 22, 2009
    Muscle Shoals ,AL
    0
    Absolutely no! If you have $25,000 as a down payment. Put it in a bank account and save it. 750+ thousand on a used truck could easily bankrupt you.
     
  11. TruckerPete1990

    TruckerPete1990 Road Train Member

    8,256
    4,600
    Jul 16, 2012
    Gentry Arkansas
    0
    No ill give you some reasons.
    Ur credit isn't good therfore you should spend that $25k and fix it. Do you have at least 20-40k in the bank for major repairs?
    The market is crashing so it's absolutely worst time to even try unless u find a dedicated gig.
    Wait 6 months and you can get a decent truck for 30k

    Also this 2 year warranty they are offering is probably an extended warranty. Speaking from experience they can decline to pay the bill and don't pay for everything when they do cover it....
     
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  • Draft saved Draft deleted