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FML- Pros and Cons

Aug 01, 2017 at 08:59 AM CST
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Help me out here guys..... I'm looking at new trucks and trying ti decide between Full Maintenance Lease or Purchase. Anyone have any experience with the FML?
Replied on Tue, Aug 01, 2017 at 08:57 PM CST
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I have been doing a FML through PacLease on a 389 Pete. I would not even consider owning another truck since doing this lease. I get top priority for service at my home Pete dealer,they worry about how and where it goes if out of my home area. I have had a couple small problems (if $800 is small) all taken care of. If the truck is down for a longer period I get a loaner at any Pete or KW dealer. Tires,brakes,service all included unless you damaged it. Truck gets full inspection and D.O.T at every service,takes about 4 hours. When I was talking to the lease person a truck came in on the hook,he said he had the truck shut down and had it towed to another dealer 4 hours away,had $6500 worth of work done,drove for 3 hours same problem,first dealer wouldn't pay the tow,2nd dealer couldn't get it in til next day,wouldn't honor first dealer warranty,blah,blah. That made the lease guys job pretty easy.
Replied on Wed, Aug 02, 2017 at 06:18 PM CST
What's your lease cost a month ?
Replied on Wed, Aug 02, 2017 at 09:59 PM CST
Is your PacLease thru Corporate or thru a dealer? What happens when a breakdown occurs outside of their network? I understand the required services but Im concerned about breakdowns when they happen outside of Rush Peterbilts Territory
Replied on Thu, Aug 03, 2017 at 07:32 PM CST
It is a Paclease,thru a local dealer.They want routine maintenance and small repairs done at their home shop.If you are out of your area and break down you call the 800 number(in Seattle) 24/7 and they take it from there. I had a problem last year at 3 a.m. and called. They had service to me within an hour. The guy on the phone told me to call if it was any longer.The cost for 3 yr. Lease on truck I custom ordered is around $2800/mo. + 7.5 cents per mile. Longer term leases get much cheaper, I didn't know how it would work so I went with as short as possible. They also pay the form 2290.It may not be for everyone, but has been working well for me.It is pretty easy to assign a cost to the truck this way.
Replied on Thu, Aug 03, 2017 at 07:46 PM CST
Thank you. That was my main question. We talked with Penske and got a quote from them but they prefer to provide Freightliner, Volvo, and International since they buy so many of them instead of Paccar products.

Thanks again for your help
Replied on Thu, Aug 03, 2017 at 08:10 PM CST
You are welcome.