Want to avoid getting burned by a lease-purchase agreement?

It's a very small percentage of people that succeed in a lease, if 1 out of 100 people survived being shot in the head? Would you volunteer to try and see if you'd be one of the lucky ones ?

 

Wanted yo add? Many have finished a lease, but most never ended up keeping the truck due to a huge ballon note they followed the lease, I for one don't consider that a success,

 

Was just looking yesterday, the company I'm with has under 300 trucks, including all the outright owner operators and all the lease purchase guys, 26 L/P operators paid off their trucks last year ( there is no balloon ). Kinda screws up your theory, Sorry.

 

What company is this?

 

Sammons, and it wound up being 27 last year and another already this year

 

I will totally agree with DrFlush.. I have never heard anything bad about Sammons.. NO, I do not work for them.. I cant, the ex wife really screwed me over on child support. They will not let you lease if you owe back child support.. but if it wasnt for this.. I would be there tomorrow.

professional flatbed company driver since Aug.1996

 

Never said it was impossible, but the numbers for leases are far greater than how many Sammons have, using the total number of leases out there, it's still a very small percentage, there are literally dozens of companies that lease trucks, if you put them all together and added how many finished the lease and ended up owning the truck , it be less than 1 percent

 

If Sammons has a honest deal, that's great, but I wouldn't take anyone's word on it, I would have to see the paper work on the claims of finished leases and what exactly the trucks are and what they ended up paying for them, what their average income ended up being (after taxed)

 

understood.. I wasn't trying to start an argument .

 

LOL, actually my comment was for Drflush, saying my theory is wrong, But I'm not angry with anyone