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Thread: lease/purchase program

  1. #1
    Junior Member
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    lease/purchase program

    I was just wondering if there were any expedite companies that have a lease purchase program for people that dont have a down payment for a straight truck, cargo van, or a big rig?

  2. Straight Trucks Solo and Teams! - No Truck Age Restrictions!
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  3. 1,507024,52015,13
  4. #2
    Senior Member mrgoodtude's Avatar
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    Re: lease/purchase program

    Quote Originally Posted by cooldude68 View Post
    I was just wondering if there were any expedite companies that have a lease purchase program for people that dont have a down payment for a straight truck, cargo van, or a big rig?
    Ok I will bite..Bwahahhahahahahha
    Can't run for these rates! Might as well take photographs...

  5. 2,507034,52015,13
  6. #3
    Senior Member mrgoodtude's Avatar
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    Re: lease/purchase program

    No btw.....
    Can't run for these rates! Might as well take photographs...

  7. 3,507036,52015,13
  8. #4
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    Re: lease/purchase program

    There was a local courier company that did/does this...

    I listened to the pitch.. New E150 van, base model, keys/heater/ac no radio.

    6 year lease. No early buy out. You quit, you return van. You get NO refund.

    in the end the 16-20K van cost the driver twice that with their "buy out" amount at the end. Considering a local courier piles on 100,000 miles a year the likely hood that the van would even be around to "buy out" is a laugh.


    Your best bet, get a bank loan to buy a used van around 5 years old. Make sure you borrow enough to have operating capital and money to upfit the van if you are not buying one already setup.

    If you can't at least do this. I suggest you find a local job until you can or drive a straight truck for an owner.

  9. 4,507043,52015,13
  10. #5
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    Re: lease/purchase program

    Quote Originally Posted by mrgoodtude View Post
    Ok I will bite..Bwahahhahahahahha
    Your so funny I forgot to laugh.

  11. 5,507818,52015,13
  12. #6
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    Re: lease/purchase program

    Quote Originally Posted by cooldude68 View Post
    I was just wondering if there were any expedite companies that have a lease purchase program for people that dont have a down payment for a straight truck, cargo van, or a big rig?
    Panther Expedite has a no money down, no credit check Lease Purchase Program for Tractors. Call recruiting at 800-640-7055 Ext. 3770.

  13. 6,528186,52015,13
  14. #7
    10K Member chefdennis's Avatar
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    Re: lease/purchase program

    You ever heard the old saying "don't crap where you eat".....????
    purgoose10 likes this.
    There are people in need of help. Charity is one of the nobler human motivations. The act of reaching into one's own pockets to help a fellow man in need is praiseworthy and laudable. Reaching into someone else's pocket is despicable and worthy of condemnation.
    --Walter E. Williams

    "Idealism is fine, but as it approaches reality, the costs become prohibitive."

    "The best defense against usurpatory government is an assertive citizenry."
    --William F. Buckley

    "When dictatorship is a fact, revolution becomes a right."
    -- Victor Hugo


    #252 Chevy Cargo Max

    OOIDA Member, #934277

    Part of the
    LOAD 1 CheerLeader Crew!!
    http://www.youtube.com/watch?v=cqD6uCWQDVc

  15. 7,528255,52015,13
  16. #8
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    Re: lease/purchase program

    For every lease purchase that does succeed there are probably a thousand that fail. Sometimes you simply return the vehicle, sometimes you lose your home.

  17. 8,563311,52015,13
  18. #9
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    Lessing a truck from a company is a poor financial choice. They will still control everything from where you do your maintenance, to where you work. If you think you arenfinacially responsible enough to handle a 2k per month truck payment, then just go buy a truck, and sign it on to any companynyou want.

    If you cant get credit to buy the truck, then guess what, you shouldnt buy one. Being turned down for credit is gods way of saying "you aint ready to buy this yet". If youre in that position, just go get a job and save youre money, when you haventhe cash to buy, youll be ready to be an owner. If you cannot save the money, guess what, you arent ready to be an owner.

    Owning a truck requires financial disapline it aint the same as driving a truck. If you haventhe disapline to save the money to buy the truck, hen youll probly be ok as an OO, otherwise you will fail.

    Sent from my GT-P3113 using EO Forums

  19. 9,563407,52015,13
  20. #10
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    Re: lease/purchase program

    Quote Originally Posted by EASYTRADER View Post
    Lessing a truck from a company is a poor financial choice. They will still control everything from where you do your maintenance, to where you work. If you think you arenfinacially responsible enough to handle a 2k per month truck payment, then just go buy a truck, and sign it on to any companynyou want.

    If you cant get credit to buy the truck, then guess what, you shouldnt buy one. Being turned down for credit is gods way of saying "you aint ready to buy this yet". If youre in that position, just go get a job and save youre money, when you haventhe cash to buy, youll be ready to be an owner. If you cannot save the money, guess what, you arent ready to be an owner.

    Owning a truck requires financial disapline it aint the same as driving a truck. If you haventhe disapline to save the money to buy the truck, hen youll probly be ok as an OO, otherwise you will fail.

    Sent from my GT-P3113 using EO Forums
    This is mostly true. There are a few people out there who have the cash flow, but don't have the credit to get approved for the loan. I've been in that situation before. I cleared over $1000 a week, but didn't have the credit to buy my wife a newer Suburban. Making the payment was not the problem, the paperwork was. You have to remember that most banks have really tightened their lending requirements, so fewer people have the option to go the bank finance route. Having said that, most lease/purchases are scams from the get-go, unless it is new equipment.

  21. 10,563516,52015,13

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