The odds are in favor of the house

Discussion in 'Lease Purchase Trucking Forum' started by rookietrucker, Aug 23, 2015.

  1. Mater7979

    Mater7979 Bobtail Member

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  3. Mater7979

    Mater7979 Bobtail Member

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    Well glad ooida knows it all cause this one has the maintenance escrow mandatory and a voluntary escrow. Can't wait till Monday they gonna have to come up with the paperwork a few maintenance bills that don't exist or already existed as part of another bill when u look into every thing things tend to get noticed lol 4 example break down.in cali number 1 box outlet box sensor and engine derate all fixed #1 box was .Paid buy DSM my bill went from 14,100.0+$ to 4081.and some change.3987.00 taken from escrow to.pay that. I get a shock when a 1856.00 bill for a derate is ing pending debt the difference from the a actual bill and what was pulled show up somewhere else as a loan or deduction a lot of adv. Repeat with no order or transaction #
    Well yeah p_s is honest I've checked my suarys from there there esc% add up all is well not this company buddy it took a certified Cpa over an hour to figure out how they got the first totals then on to 252nd totals then oh like they want me to do pay no attention to first 2 and look at 3rd one.no.driver her gets a monthly accounting 1a year that as row and all lease stuff not escrow Specific. It must takes. One violation to terminate lease legally with no cons. But a dozen or more. Mostly escrow and accounting, and I am dougjtfull on one thing.$ pulled from escrow to make the difference in take home pay to make the 700.00$ minumum that's pay Not a repair bill .tire not even a charge back. And while you're at it take the loan I owe u back the loan it back so I make the minimum take home guarantee in my contract. Short me on the guarantee the next week but 690.00 cut me an.efs to make it right then deduct it.from my next week's settlement. He'll I don't need it I got.a.grown.g.company it's cool truck.drivers are dumb but hey thanks for the input.
     
  4. Mater7979

    Mater7979 Bobtail Member

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    There's.good.momey in it when you huge and can take 20.00$ here 2.00$ there make the ad row deduction for.the week deducted I a 2036.00$+ain't bill from you're weekly deduction section and here 2025.99 of the 2036.00 maintenance bill from escrow well my actual deduction was 2036.00 so where's my other 10.01$ from my gross compensation so I guess what I'm getting is the 2 are not separate it's a revolving door to move 1 here 10 there and maintenance escrow account, is created for depositing and saving $ for a break down .blown tire. So it's more like a bank.of sorts it even gains interest .like the whatever that market is every quarter vol. Adv. Accts. Do not gain int. But the way lol hey thank you'll but I know what I know it's a federal offense to launder $steal that way but hey u keep my 10.01$ don't blink I'll b right back. With the brass buckles and the attorney with balls and hi.hungry he doesn't loose .Gotta keep.it 100 but you'll don't care if I get a dime if this.company's stealing on this.level it has to b stopped common sense man
     
    RBPC Thanks this.
  5. Rooster1291979

    Rooster1291979 Road Train Member

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  6. Mater7979

    Mater7979 Bobtail Member

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    I don't play man I mean common inlet you're job write u a pay. Heck call it an advance the take it from the next check called an advance so it's goes in Next week's deduction.he'll if that ain't wrong I'm going croak and die
     
  7. p608

    p608 Road Train Member

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    I think my head is going to explode.
     
  8. Mater7979

    Mater7979 Bobtail Member

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    I'm done I've had 2 deaths in the family in2 weeks I'm in Ohio headed home this week for my nephews there dad is mia 4 years .all this 17 months into the L.P program but was blessed at P&S but here no way man so I'm going home for a week a day give the otr life a few more weeks after 19years and go local and b close to family lol God bless and b safe
     
  9. otherhalftw

    otherhalftw Insignificant Otter

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    not even going to try and figure that out. Must have had a run thriugh OR then CO anf found some high potency new-weed......
     
  10. RBPC

    RBPC Short & Sassy

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    OR they allow you to pay in full then SUDDENLY say they will no longer support the maintenance account...
    Hindsight is worth $$$ :(
     
  11. briantmiller137

    briantmiller137 Light Load Member

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    There are NO good lease purchases. NONE. Every one I've seen is so heavily weighted in the company's favor it's incredible to me they get anyone to sign on. I can dissect any lease purchase agreement, and make it look like the joke it is. If you do a lease purchase you are a sucker. Period.

    Many years ago I sat at Prime's office in Springfield, MO, and spent 4 hours going over their lease agreement. Even when I was relatively inexperienced it was obviously a bad deal. Loved the "lease completion incentive". They gave you your maintenance escrow money back at the end of the lease. Gave you your own money back basically. Played it up like a bonus. But they stopped short of calling it a bonus so it wouldn't be a fraud. Very slick. And shady. I bailed out of there, and never looked back.
     
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