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TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
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So a friend completed a purchase from a Chicagoland company
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<p>[QUOTE="sleepy14848, post: 12381594, member: 343255"]So check this out, friend wanted to comeback to otr work and learn flatbed, found a Chicagoland company that would hire him and show him a few things. In the meantime he was buying his own truck and gonna lease on with them, after he did that the company offered him to sell him the trailer he was using. So he researched prices etc and felt that it was a fair deal.</p><p><br /></p><p>Sorry I don't know the exact numbers or terms but I would say he was with company for a good 2 years . Anyhow he got to the end and basically took off with trailer and worked under his own numbers. He figured out he actually over paid so was looking into possible legal action but finally 6 months later he called the company and they agreed on overpayment and owed escrow so he got all that back and the title finally. </p><p><br /></p><p>So this is most definitely one of those shady 1099 lease purchase places but if you stick out the terms etc they finish as stated. So basically if you stick it out with these companies you might actually walk away with the equipment...[/QUOTE]</p><p><br /></p>
[QUOTE="sleepy14848, post: 12381594, member: 343255"]So check this out, friend wanted to comeback to otr work and learn flatbed, found a Chicagoland company that would hire him and show him a few things. In the meantime he was buying his own truck and gonna lease on with them, after he did that the company offered him to sell him the trailer he was using. So he researched prices etc and felt that it was a fair deal. Sorry I don't know the exact numbers or terms but I would say he was with company for a good 2 years . Anyhow he got to the end and basically took off with trailer and worked under his own numbers. He figured out he actually over paid so was looking into possible legal action but finally 6 months later he called the company and they agreed on overpayment and owed escrow so he got all that back and the title finally. So this is most definitely one of those shady 1099 lease purchase places but if you stick out the terms etc they finish as stated. So basically if you stick it out with these companies you might actually walk away with the equipment...[/QUOTE]
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TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
Forums
>
Owner Operators
>
Lease Purchase Trucking Forum
>
So a friend completed a purchase from a Chicagoland company
>
Reply to Thread