USA truck lease purchase

Discussion in 'Lease Purchase Trucking Forum' started by Mototom, Apr 29, 2021.

  1. Mototom

    Mototom Heavy Load Member

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    So I enjoy my current job but recently found out it has an expiration date for reasons outside my control.

    It’s time to start looking for my next “home”

    how much money do I need to have saved up roughly?
    I’m assuming USA truck handles any load delays?
    And the lease company will handle repairs based on contract?

    does USA truck do in house leasing or do I need a third party company?

    Anyone know of a good leasing agency with no credit check other then for repos or evictions? (Credit is not great but OK not the point tho)
     
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  3. kemosabi49

    kemosabi49 Trucker Forum STAFF Staff Member

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    I would think that if you lease a truck through USA Truck that repairs will be on you. There are a lot of horror stories here on TTR about that kind of lease. Any reason why USA Truck. Not saying there is anything wrong with them, but if your record is good there are other options. And best to stay a company driver until you can save enough money to buy a truck if being an O/O is your goal.
     
  4. Chinatown

    Chinatown Road Train Member

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    USA Truck has a self-dispatch program; choose your loads.
     
  5. Mototom

    Mototom Heavy Load Member

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    I don’t want to OWN a truck, just pretend like I do for a little while.

    Don’t really want to make a career out of trucking. Just need a year or two more while I finish school.

    USA truck because I’ve heard a few positive experiences with them, and I know it’s not forced dispatch and you pick your loads.
    Not interested in leasing a truck only to be TOLD what I’m going to do.

    I am considering other options but it’s gonna be one of the two I’ve got in my head.
     
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  6. Oakland Raiders Forever

    Oakland Raiders Forever Medium Load Member

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    Why do you want a lease purchase ???
     
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  7. markealy

    markealy Medium Load Member

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    Why not let's look at the numbers a new 2022 frieghtliner cascadia goes for about 152744 ...at the dealer I can lease a new frieghtliner cascadia at TEL leasing at 670 aweek for 48 months it works out to 139360 plus 47k buy out at the end of the lease ...only difference is what interests rate you pay at the slimy dealership
     
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  8. Mototom

    Mototom Heavy Load Member

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    Is it an optional buy out or the mandatory end balloon payment?
     
  9. markealy

    markealy Medium Load Member

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    Option to buy its 47k balloon pay ment I think it works out 180k for the truck and you can move to another company there is a fee I think its 10k and a 650 credit score iam not keeping mine iam giving it back with in a yr take. 08 × 500k I think its 40 k so set aside 8cpm mile for your balloon payment rember it's not a walk away lease
     
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  10. Mototom

    Mototom Heavy Load Member

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    My credit should pass muster then, but I do have a flag or two from fraud/identity theft from a family member last year.
    Almost went to prison even lmao.
     
  11. markealy

    markealy Medium Load Member

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    You should be OK iam finishing off my house and iam done ✔ 72k to go should have done by December if I can my avrg up to 5 k aweek next will be 5 k and week after that should be 4k but iam going home for 8 days or so
     
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