questions, please

[ruenueecho]

Greetings from the Bronx, N.Y. I am gathering information
on the expediter segment of the trucking trade. I wonder
if I can get some information.
When you sign on to a company lease what are the term
limits. I get the impression that the lease can be broken at
any time. Is that true? Or, Does the lease bind you
contractually to a certain time period. And, if that is the
case, what is a tipical lease time period?
Secondly, Is it a good idea to purchase an older vehicle with
many miles and less cost. That is, in case you find you do not
like the profession.? Thanks. R.D. Bronx N.Y.

 

[terryandrene]

Typically, you'll see either an open ended lease or a self renewing one year lease agreement. In either case they are likely to have a clause wherin the leasor or leasee may cancel with two weeks notice, without cause or immediately with cause.

A gently used vehicle at a good price is often a safe bet, particularly in the expedite busy NYC region.