Question for o/o
#1
Rookie
Thread Starter
Join Date: Jul 2009
Posts: 8
Question for o/o
i'm tryi ng to get into a pete or kw900 on a lease purchaseyou would think someone some where some how there would be 1 o/o in this usa who would be willing to take a chance so please if anyone knows of someone or even yourself contact me at 814 441 3149 thanks joe
#2
KW900...lease purchase.... Swift Transportation Corporation Pete....lease purchase.... Home | Knight Transportation Cypress Truck Lines Freymiller Inc. Transportation Specialists - Home http://www.royalfreight.net/ Those should get you started. These guys may get you into a Pete or KW as well. CR England Inc. : Truck Jobs : Truck Driving Jobs : Trucking Jobs : CDL Jobs : Truck Driving Schools :roll: :roll: :roll:
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#3
Why do you NEED to get into a pete or k.w. 900 ? I guess you are not interested in eventually owing a more affordable truck ?
#4
Board Regular
Join Date: Apr 2009
Posts: 210
Lease/Purchase?
Why do we call them FLEECE PLANS anyway? Why don;t we just tell the guy to shoot himself in the head, and move on to the next thread... Anyway... Anyone know who's doing a fleece/purchase on a new VOLVO 780 (ISX 500, 13 Speed, with a Tri-Pac APU installed - please)? That would be about the ONLY one of these deals that "might" get me thinking about it (for about 30 seconds, until I come to my senses). The question STILL REMAINS - WHY would you want to get into a deal, that gives you a USED TRUCK, that you'll end up paying 2X what it costs NEW - IF (and that is a REAL IF) you actually can hang in there long enough to FINISH THE LEASE and come up with the FINAL PAYOFF AMOUNT. You end up paying more than CREDIT CARD RATES on one of these deals. I mean, REALLY - if your credit sucks THAT BAD - and it's the ONLY WAY you think you can get into a truck. Save up about $15-20K, pick up a TRUCK PAPER and look for the guys that will finance bad credit/bankruptcies. At least your not FORCED TO STAY with any particular carrier for the duration of your payments and if things get slow (or you get starved out) you can take YOUR TRUCK and play ELSEWHERE. As bad as the INTEREST RATES end up being on these "fleece/purchase" deals, what WORSE is that your STUCK WITH THAT CARRIER for the duration. You want to LEAVE - then LEAVE THE TRUCK TOO (and every penny you've put into it). As the saying goes... Danger Will Robinson - DANGER! Rick
#5
Senior Board Member
Join Date: Sep 2006
Posts: 725
I have the same question...why a Pete or a W9?? If you are serious about making it, you will take whatever you can get and go make it. The freight on the back of the Pete/W9 is going to pay you the same as the freight you put on the back of the Freightliner Century. I hope you get your large car and I hope you can afford your large payment. Get a truck paper. Keep us posted.
#6
As some of the others have stated, why a W900 or Pete? And why should an owner operator lease you their truck? Most owner operators will drive their own truck rather than leasing it to a stranger. It is usually some of the carriers who lease trucks to drivers. When you lease a truck from a carrier you will likely pay about double the current retail price before you complete the lease. Payments seem to run between $500-800 per week. Frankly, I don't see how anyone can make it with those payments. |
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