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

Discussion in 'Lease Purchase Trucking Forum' started by rookietrucker, Dec 13, 2009.

  1. Bumper

    Bumper Road Train Member

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    I should also say he is leasing a Volvo on that account.
     
  2. paulpost

    paulpost Light Load Member

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    Hi can you share the name of the company if is possible ?
     
  3. wolf98

    wolf98 Light Load Member

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    Quality leasing owned by celadon. Also lone mountain but they are a little shady
     
  4. spyder7723

    spyder7723 Road Train Member

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    Dude, compared to quality lone mountain is an A+ lender.
     
    Jonkie Thanks this.
  5. wolf98

    wolf98 Light Load Member

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    do you have a better one? I just answered PaulPost. My neighbor has never had any issues out of Quality. Lone mountain on the other hand tried charging him for a new transmission that his truck didn't even need before he was able to get the title to his truck. He took them to court about the issue and won his lawsuit and the truck. Then he quit using them.
     
  6. JCB & Associates

    JCB & Associates Bobtail Member

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    Greetings,

    What companies do you know of, legitimately lease trucks to poor credit buyers?
     
    cadillacjames Thanks this.
  7. cadillacjames

    cadillacjames Bobtail Member

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    Wow...sorry to hear this!,,
     
  8. wolf98

    wolf98 Light Load Member

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    depends on you situation and what company u currently or want to work for. there are multiple places. and multiple companies that I am aware of. there may be more but unsure.

    Lone Mountain
    John Christner trucking
    quality carriers ( Owned by Celadon)
    transport America
    werner enterprises
     
  9. #1don

    #1don Medium Load Member

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    WOW!!!!
     
  10. Breaker-one-nine

    Breaker-one-nine Bobtail Member

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    Let me tell you how I stuck it to the man. I trained at swift. After three months as a solo driver they were on me pretty heavy to lease. (While I do think it was a decent deal and the drivers on my dedicated fleet while typically grumpy still said they were making better money than they did as company drivers.) Anyway that's besides the point. After I had 11 months in I leased a truck from swift. First month was no truck payments. That month I banked $7400. At the end of the month I turned the truck in and started with the company I'm with now as a company driver. And that's how it's done folks lol.
     
    Mr huds, BigSky, mqc1298 and 4 others Thank this.