ED Magedson – Founder
Lone Mountain Truck Leasing57575 190th St. Pacific Junction, Iowa USA
Lone Mountain Truck Leasing & Cresco Capital Scam artist. No compassion, soulless leasing company. DO NOT TRUST WITH YOUR MONEY!! Pacific Junction Iowa
I purchased a commercial vehicle from Steve at the Lone Mountain in GA in August of 2012. The truck checked out fine....until I put it on the road. Long story short...the vehicle was broken more than it was driven. It was in the shop 3 months in the beginning. That repair was $11,000. A month later I'm out another $3,000 for major repairs. Then last month it broke again with the repairs being estimated at $10,600. So thats over $20,000 in repairs.
By me not working, I got behind 3 months on the lease. I sent in all receipts to prove that I could'nt make any money as long as the truck was down. So Lone Mountain took the truck from the shop without my knowledge, I found out a few days later from the shop it was at...then told me I could not get it back unless I paid $56,000. That is unfair and a rip off. They take advantage of the small guy. I've invested so much into the truck & they just took it from me..Also, when the truck was in the shop, they assured me the past due amount was not a factor. They play a dirty game
This report was posted on Ripoff Report on 05/17/2013 10:13 AM and is a permanent record located here: http://www.ripoffreport.com/r/Lone-Mountain-Truck-Leasing/Pacific-Junction-Iowa-51561/Lone-Mountain-Truck-Leasing-Cresco-Capital-Scam-artist-No-compassion-soulless-leasing-1051685. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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