rip-off john christner
Discussion in 'Report A BAD Trucking Company Here' started by highasakite, Jun 12, 2009.
Page 11 of 67
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Alanp613 and Wolfshayde Thank this.
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Seen so many love-hate,hate-love posts about a truckin co than JCT....guess when I get sick of skateboarding I will have something to do....
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You own the truck, do whatever you want with it. I would only sell it if I was getting out of trucking, drive it and bank what would have been the monthly payment.
Last edited: Dec 2, 2010
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There are companies out there that actually make money off of leasing trucks to drivers,do the math and you'll see that.
If you want a truck,don't lease it from the company. Go out and outright buy it.
If you own the truck outright and make your own payments,the money the company will make off of you will be from moving freight. They make money long term by keeping you moving and making money. A good broker will walk pretty quickly from a company that can't generate him the revenue he needs.
If they hold the lease they will make money from moving whatever freight they see most profitable for themselves,(Is it not surprising that most lease agreements are per mile rather than percentage?) for themselves plus the money you're subsidising them for the truck payment. Your locked in and cannot walk away when things get lean. Lease purchase agreements are simply a tax for people who are bad at math.
Drivers just need to stop leasing trucks from the companies they work for.
I don't think there are too many drivers out there willing to pay their companies hydro bill but there are more than enough that are willing to pay for the equipment and it's up keep. -
I'm just judging by what our contract reads, so I can't speak for all employers, but, it's almost like they encourage owner-ops to work their way up into their own businesses. That must be bad for them because it encourages competition, right? Yet here "they" are, giving drivers a chance to profit from a little ambition, hard work, discipline and planning. At the same time, "they" give really lousy trips to owner-ops who are stupid enough to accept them and lose money on them. That's always been a conundrum for me.
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You can setup a lease loan with the banks also.
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For the bit of $ they make off the leasing side the HEADACHES likely do not warrant it with many of the leasees they likely go through.
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Alan what are the rates and terms and what kind of truck with how many miles?
I have read alot on this thread and JCT thread and can not find out how much the lease is.... like 60 months 7% $70,000.00
for a 2007 shaker 250,000 miles. Would that be so hard to post? Another thing when you wait the 90 days to get the truck you would really like to lease when do you find out about the terms of the lease?
Another great question if you do wait the 90 days does the monies paid into the 1st lease get rolled into the 2nd lease? example "I do not want the POS (piece of crap) but in 3 months i will have to pay about $6,000.00 ($500.00 a week fixed)?
Why would anyone do that wait the 90 days? like going to a car lot and saying " you mean if i pay 3 months on a lease then i can get a car i would like to drive....what a deal were do I sign!"
Reading all these posts it is never mentioned, but about 90% of the people that work for JCT have to wait the 90 days. due to the fact there are only like scub trucks waiting to be seated
Thanks in advance
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
Page 11 of 67