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/reports/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.
Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
If you would like to see more Rip-off Reports on this company/individual, search here:Search Tips
In order to assure the best results in your search:
Advertisers above have met our
strict standards for business conduct.