Surprised at Prime Lease Purchase

Discussion in 'Lease Purchase Trucking Forum' started by texasmorrell, Dec 14, 2019.

  1. Cat sdp

    Cat sdp . .

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    Must of missed something......

    Texasmorrell you pulled the trigger and leased/purchased a new truck with prime .?

    C1558E82-E930-4CC6-8C81-E3656CC0087B.png

    I was wrong guess they will do a lease/purchase with $100 balloon at the end..... who knew...:)
     
    Last edited: Feb 2, 2020
  2. sealevel

    sealevel Road Train Member

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    Something tells me there will be another lawsuit around the corner. Right, wrong, or indifferent it should make for another fascinating ride.
     
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  3. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    Well it's been nar a week. How much was made? $2000? $3000?
     
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  4. icecold24k

    icecold24k Light Load Member

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    Accidentally wrote this out and posted on the wrong thread (another Prime thread). Relevant here though:

    I was a company driver at Prime for 2 years before going local. On the company side I ran flatbed then switched to tanker. I did well and was happy, they treated me pretty good. I never went lease nor had the desire to do so. I do remember a lot of the lease guys berating company drivers calling us slaves and talking about how much money they made and how far superior they were because they were doing a rent to own on a truck. To hear a lot of them tell it they were easily knocking down 5-10 grand a week lol. I would just smile, roll my eyes and move on. Just my 2 cents worth.
     
  5. texasmorrell

    texasmorrell Medium Load Member

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    This week was better than last week as I was only $500 in the hole. I have a good feeling about next week though. I should break even next month.
     
  6. IrreverentCrawfish

    IrreverentCrawfish Light Load Member

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    I lease with Prime and I considered doing a l/p. I looked into it and it's not a bad way to buy a truck if you're confident you want to stay with Prime for 3 years. That's the kicker.
     
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  7. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    It's been over a week. I figured that $2800 net settlement would have been posted by now.
     
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  8. texasmorrell

    texasmorrell Medium Load Member

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    Three years and you have a new truck that’s paid off and should go another seven years before needing it’s first overhaul if you take care of it. Seven years of no payments. So far it’s been good for me. Freight rates are crap right now for everyone but it’s nice having a support structure and not having to search for freight and do all the admin crap I had to do before. Now I just drive in this very comfortable truck. I’m in Cancun right now and I’m ready to get back in my new truck. I miss it.
     
  9. JonJon78

    JonJon78 Road Train Member

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    Down in Cancun again?
     
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  10. rachi

    rachi Road Train Member

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    So how is everything going?