Who has completed a lease purchase and fully owns truck with title?

Discussion in 'Lease Purchase Trucking Forum' started by OOIDA Media, May 7, 2010.

  1. Storm1014

    Storm1014 Bobtail Member

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    I did a lease purchase baCK IN THE 90`s thruogh Truck tech in pennsylvaina,that was the omly time I was ever sucessful
     
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  3. SheepDog

    SheepDog Road Train Member

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    Sand Lake, MI
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    Didn't even know that carriers did L/P back than, thought that was something that started in the last 10yrs... Glad you were successful..
     
  4. mickey melon

    mickey melon Medium Load Member

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    Chicago,Il
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    Yeah.......back in the early ninety's you had.....Burlington motor carriers, MS carriers and Monson all doing lease purchase deals..
     
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  5. 6 Speed

    6 Speed Heavy Load Member

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    The wages of trucking could not have possibly gotten any worse unless they figured out how to get drivers to pay them to drive their truck,which indeed they have accomplished.
     
  6. TrucknIndy

    TrucknIndy Bobtail Member

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    Jan 8, 2014
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    Another words stay away from Quality Equipment leasing aka Celadon trucking.
     
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  7. FLATBED

    FLATBED Road Train Member

    LP deals have been around since the B MODEL MACKS , lot of small outfits would by 5 trucks and then get a driver to purchase 1 as a drive to own deal
     
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  8. 7-UP

    7-UP Light Load Member

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    Feb 5, 2012
    Las Vegas, NV.
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    Yep FLATBED your are right on the lease purchases.

    Willis Shaw out of Elm Springs had them as early as 1975.
    You could get a skunk truck with a $1000 down.
     
  9. Storm1014

    Storm1014 Bobtail Member

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    Truck tech was a truck leasing company out of Pennsylvania,I leased the truck from them,Then I picked a carrier,which was Evans delivery also out of PA.In less than 2 years I bought out of the lease.My 1st truck was A old proline truck.9400 eagle,42 inch flattop,365 detroit with a 9 speed..slow as ####
     
  10. Mr&MrsPete

    Mr&MrsPete Medium Load Member

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    Stockton, CA
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    im looking for a l/p deal with pete 389's
     
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  11. rjgcape

    rjgcape Bobtail Member

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    So OOIDA WHAT IS YOUR SOLUTION? A CIMPANY DRIVER CANT MAKE AND SAVE ENOUGH FOR A Downpayment emergency fund anf maintenance fund and have great credit.? Its just not possible. Unless the driver saves until too old to drive anymore. Not like its the 70's when we nade the same money but everything cost a third less than now.
     
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