Truck Rental Company Purchase Program

The Truck Rental Company Purchase Program seems to offer tremendous benefits to truck drivers. New truck drivers are especially targeted. The offer of drivers can own their own trucks often without a down payment and no credit check can be very tempting for many drivers. No doubt, some drivers benefited from this program. However, much more has been destroyed both financially and professionally.

Typical rental purchase agreements through trucking companies require you to work only for them. As a result, if trucking companies don't really want you to have a truck they can only reduce the amount of burden they offer you. You cannot take the truck and go to a different trucking company. If your budget is based on you having a certain amount of load every week and you don't get it, you can quickly find yourself short of the funds needed to make payments.

Another consideration is the quality of the truck. If you buy a new truck, the truck must be in good hino semarang mechanical condition and guaranteed. If you buy a used truck that might not happen. You can find yourself paying thousands of dollars for repairs before you can even drive a truck.

Some trucking companies don't allow you to choose your truck. Once they've talked about you in an agreement, they tell you what your truck is. You might not even be able to see the truck before signing the contract. This can happen even if the truck is located right in the terminal where you are.

What might happen is that once you sign a contract, you might be directed to the location of the truck that might be right in their parking lot. Imagine, you find a truck and find that it can't even be traversed. You notify the representative of the trucking company assuming they will make the necessary repairs. Instead, you are told that it is your truck now and you are responsible for all repairs.

Your truck may be in a different state. Usually, trucking companies will give you bus tickets to allow you to reach the truck location. You might be in a surprise to get to the location and find that the truck can't even be driven. Again, you will be informed that the truck is yours and any repairs needed are your responsibility. You can debate everything you want but it won't work. As a result, if you don't have the funds available for repairs, you certainly start badly.

This is a typical situation experienced by many drivers. They soon discovered that the lease purchase dump truck hino agreement had placed them in the worst financial condition than before.

I suggest that if you want to do a rental purchase program you do it through a bank or financial company. That way you will not depend on a freight company to give you enough distance to succeed. You will control your own success. You can drive as an independent driver or work with another company of your choice. Independent funding gives you more options and opportunities for success.