Lease to own program

angelmcgill · Dec 16, 2010

I am new to Panther and have two cargo vans on now, that really arent making any money. I would like to try the lease to own progtam and possiblyy put two tractors on. Does anyone hav any feed back good or bad? Has anyone tried the program yet? I would like to know how long before I would see any money off of them, and if the payment has a grace period?

Moot · Dec 16, 2010

Once again I must quote Rex Campbell: "Don't lease purchase from the man with the strings in his hand." I don't know how Panther operates their lease purchase program, but common sense dictates not to get into a borrowing situation with the entity that controls your source of income. Being leased to Panther would you except a mortgage on your house from them?

I'm but a lowly cargo van owner leased to Panther. But I have enough sense not to get fully into bed with the powers that control my loads and revenue.

x06col · Dec 16, 2010

angelmcgill said:
I am new to Panther and have two cargo vans on now, that really arent making any money. I would like to try the lease to own progtam and possiblyy put two tractors on. Does anyone hav any feed back good or bad? Has anyone tried the program yet? I would like to know how long before I would see any money off of them, and if the payment has a grace period?

You may also consider my suggestion.......never own any more trucks than you can drive by yousef at the same time.

greg334 · Dec 16, 2010

I thought van fleet ownership was a path to success?

Tennesseahawk · Dec 16, 2010

"I owe my soul to the company store."

bubblehead · Dec 17, 2010

Tennesseahawk said:
"I owe my soul to the company store."

I think this explains it best.

YouTube - Tennessee Ernie Ford Sings 16 Tons

highway star · Dec 17, 2010

Moot said:
Being leased to Panther would you except a mortgage on your house from them?

I'm but a lowly cargo van owner

That would be "accept" Moot. Lowly cargo van owner indeed...

Moot · Dec 17, 2010

Lowly cargo van owner and grammatical moron accept when posting on E.O. Please except my apologies. Uh...I mean, ...except when posting on E.O. Please accept my apologies.

Seriously, thank you for the correction!

Moot · Dec 17, 2010

Excellent advice from Mr. Ford that also pertains to leasing a truck from a carrier.

geo · Dec 17, 2010

one truck is fun two or more are head aches
one time i want more than one truck
but after seeing what had happen with more than one
decide i didn't need that problem

Hightech_Hobo · Dec 18, 2010

Reasons for being an Expeditor...

Travel
Independence
See the country
ability to work when and where you please..(Sort of..)

Not reasons for being an expeditor..

Making money

...Success is defined in many different ways...

Hightech_Hobo · Dec 18, 2010

...did I just see a bulldog giving grammar lessons to a terrier....???

Moot · Dec 18, 2010

Good one Hobo! Arf!

highway star · Dec 18, 2010

Hightech_Hobo said:
...did I just see a bulldog giving grammar lessons to a terrier....???

That's English Bulldog, you wanker!

Tennesseahawk · Dec 18, 2010

highway star said:
That's English Bulldog, you wanker!

That's BRITISH Bulldog!

nightcreacher · Dec 26, 2010

I once had three tractors.The idea was if I had more trucks I wouldn't have to work as hard.What a joke.I ended up working harder.I have found the more a person makes,the less thay want to work.And in my case ,because the ones in my trucks didn't need much, they didn't work much.Not fun having dispatch calling and wanting you to get a team to do a load they don't want to do.
I sold 1 truck to the driver,sold 1 truck and bought a refer trailer,kept 1 for me and have lived happily ever after.
If you must have a fleet of trucks,be the boss and don't drive any of them.

diehard76 · Jan 7, 2011

You are NOT leasing through Panther its a company they have partnered up with if lets say you are 6 months in and panther ain't for you truck follows you.