RoadRunner Lease Program in 2015

http://www.thetruckersreport.com/tr...company-here/197939-roadrunner-transport.html .......good thread right here

 

So basically, you'll just be a regular O/O like Swift or any other regular company? I heard the good thing about them was using their authority to get your own loads. That sucks for those guys/gals out there if they can't do that anymore. I thought that was the main selling point about of doing business with them.

 

stay away from leases!

 

Save it, he didn't ask if leasing is a good idea. Why doesn't everyone that doesn't like leasing stay off the lease threads? Why come on here with the same old garbage.

By the way, every single company driver out there is essentially doing the same #### thing, making payments by driving the truck! Before you ask, no I'm not a lease driver but I don't condone those that want to try.

 

I agree 150% roadcall!! Haters gonna hate lol. And you have a VERY valid point, if your a company driver you ARE paying for the truck, when I was looking at prime to lease I checked out YouTube and a prime driver made that clear, it makes sense. It's very hard to go out and "buy your own truck" unless you have 15k saved up. Then go for it lol don't know Lots of guys with that layin around

 

Seems to be a lot of people who have lot's of learnin' coming their way. Company driver paying for the truck ... making payments by driving the company truck? What kind of idiot talk is that? By that logic, one would have to ignore the fact that being on a lease program is paying for the boss' wife's Mercedes as well as the condo for his girlfriend.
But by all means, lease your heart out if you think that's where the "big money" is Looking forward to seeing you guys back here when your perspective has changed.

Lease programs are written to keep you, the lessee hungry, and desperate for whatever work that can come your way. Virtually all of the financial risk on the lease contractor and all of the potential financial reward is assigned to the lessor. (i.e the profit side of the equation is almost 100% on the lessor side, and the lessee side is the "labor component". Not a lot of potential "profit" available in a lease program unless you call labor "profit" and that's just stupid)

 

Are the majority of lease deals bad, yes, but under the right circumstances (granted they are few and far between), someone could make a little more than a company driver or even the same amount but after 4 or 5 years they have a truck. To some it's worth while, others it's not. To each their own!

The bottom line is no one has the right to belittle those that want to give it a try.

 

Look at the big picture.
Figure 100,000 miles a year at $1.3, $55,000 in fuel, $55,000 in lease/insurance payements and $20,000 to split between maintenance and pay your cost of living back home. As you get closer to 130,000 miles a year it begins to look a little better but understand you're on the road all friggen year and your maintenance and fuel go up quite a bit.

We're only trying to help....

 

100k miles equals $55k? What kind of fuel mileage do you get?

Personally it would take a lot more than $1.30 a mile to get me to lease.