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

Originally Posted by Jamicanexpress
Ok so are u saying there are no good lease purchase programs out there with a trucking company

I assume your either meat in the seat company man or own your own authority?
Take no risks in life there will be no rewards.. Play it safe and slide through life , don't complain when your old and alone and broke

 

what happens to your credit when you break leasing?

 

depends on the terms of the lease and if you damaged the truck, or abandoned it some place, for that matter a whole host of things, depends if the company wants to hold you to and come after

 

if you want to look at a very straight forward lease with open and direct terms, no balloon payments at the end, no variable rates, and you own your truck on the last payment..
look into Lone Mountain Trucks .. I have a deal in the works with them, though for "NEW" it's expensive it's the most straight up company I've found..
http://www.lonemountaintruck.com/

 

But is it a walk away lease .also compare prices to market you will find they are 10,000.00 above market value. And you havent figired in Interest yet. If you get a cummins make sure you get warranty on turbo they all was go out 5 600,000. also take valve cover off check cams for wear. my cummins has 662,000 cam was worn and i dont idle my truck i have a tri pac . cost of repairs for cam 5119.64 out the door for a intake exhaust cam. Injector cam add another 1200.00 plus labor.

 

See you dont need to play the when your old and broke because your a not company man..I've been a company man for 18 years and l got a fat 401k funded..So your claim no risk no reward is bogus..

 

i just lease a new truck with Eagle...$686 a week....i get 75% of the load plus fsc...i have 20, different brokers to call on....i get 2, week free....my first week i made zero ..sat at truck stop all week with my new truck....still trying to book that $3.00 a mile load...ill keep trying this week maybe ill lower it to $2.99 a mile

 

I dealt with lone mountain and it's not walk away. lone mountain is a predatory company that take drivers who have issues getting a truck. Read reviews about them on www.ripoffreport.com

 

Check out reviews about lone mountain at www.ripoffreport.com before you sign on with them.

 

I only see three bad reviews. I've seen far more good reviews than bad for Lone Mountian.