Why would anyone do this? New parts before returning the truck?

Discussion in 'Ask An Owner Operator' started by Underwater trucker, Jun 21, 2024.

  1. abyliks

    abyliks Road Train Member

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    I don’t believe in any of the fairy tails and my bills are always paid…
     
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  3. FloridaRetired

    FloridaRetired Medium Load Member

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    Good for you. Keep at it. You won't regret it later. Debt free life is a bliss.
     
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  4. Colt6920

    Colt6920 Light Load Member

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    Might make sense to replace a busted fairing or headlight or bumper or something with a decent junkyard part but ain’t nobody gonna be able to see that you put in a new windshield, or probably even batteries for that matter.
     
  5. Crude Truckin'

    Crude Truckin' Alien Spacecraft

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    BOOM!!!!!!!
     
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  6. gentleroger

    gentleroger Road Train Member

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    There is good logic in doing this - maybe not if the truck is going direcr to auction, but my guess is it's being turned in to the lease holder who will then do something with the truck.

    Many L/P deals have a deposit and/or a required maintenance escrow fund. In the terms of the lease agreement when the truck is turned in (either at the end of the term or before) the truck must meet certain standards- tire tread depth, brakes, damage, etc. Any defects will be paid for out of the maintenance fund/deposit and the 'driver' will be held liable for any deficits.

    Say the guy has $10,000 in his escrow and will have another $2,000 coming in receivables. If he drops $5,000 into the truck, he might avoid $7,000 in charge backs, making him $2,000 ahead. If the guy just takes his gear and tosses them the keys the finace company will charge him a clean out fee of $1,000, $2,500 for the windshield, $800 for the batteries, $6,000 for tires - so on and so forth until the maintenance fund is exhausted. If the truck meets the turn in specs he has a chance of seeing something.
     
  7. Rideandrepair

    Rideandrepair Road Train Member

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    Better off to save the Money. The Bank will decide to replace anything if needed. Going to need every extra dime to pay the shortage when the Bank sues for the difference. Depending on the amount and circumstances, might be needed for a Bankruptcy Attorney.
     
  8. rollin coal

    rollin coal Road Train Member

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    There's no atheists in a foxhole but what I was saying is there's some people that are raised right and some that aren't. Anyone of the variety that automatically thinks "that's naive" has a massive character flaw. I was raised that if you borrowed something you gave or paid it back. You don't just walk away and laugh that the lender was naive unless your name and word means nothing.
     
  9. OLDSKOOLERnWV

    OLDSKOOLERnWV Captain Redbeard

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    $89 at the local KW / Mack dealership. Just bought 1 about 3 months ago…
     
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