Stuck in a lease with a truck that is needing constant repairs.

Discussion in 'Lease Purchase Trucking Forum' started by Toddlynn312, Jan 6, 2019.

  1. Toddlynn312

    Toddlynn312 Bobtail Member

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    Jan 6, 2019
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    I'm coming up on the end of my lease my truck has been breaking down a lot and I've been putting way too much money in it the company has loan me some money to fix the truck if I decide not to renew my lease and turn the truck in can they keep my last settlement check as well as my escrow
     
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  3. HillbillyDeluxeTruck

    HillbillyDeluxeTruck Road Train Member

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    Yes.

    Edit: Are you asking if they can deduct the $ they lent you from your final paycheck?
     
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  4. HillbillyDeluxeTruck

    HillbillyDeluxeTruck Road Train Member

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    Here, fixed your grammars.
     
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  5. Brandt

    Brandt Road Train Member

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    They probably keep all the money you owe them. They don't give money away for free. If owe even more they can come after you for all the money. It all depends on what your lease says
     
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  6. Ridgeline

    Ridgeline Road Train Member

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    What kind of lease?

    Lease Purchase or a carrier lease?
     
  7. Toddlynn312

    Toddlynn312 Bobtail Member

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    Carrier lease purchase
     
  8. Toddlynn312

    Toddlynn312 Bobtail Member

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    It is a carrier lease purchase
     
  9. Toddlynn312

    Toddlynn312 Bobtail Member

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    Yes that's exactly what I'm asking
     
    Last edited: Jan 6, 2019
  10. Toddlynn312

    Toddlynn312 Bobtail Member

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    Jan 6, 2019
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  11. Toddlynn312

    Toddlynn312 Bobtail Member

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    I want to renew the lease I do pretty good even with their deductions but if they decide not to help me I guess I'm just trying to figure out where that leaves me or what to expect I invested everything I had into it
     
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