SRT Lease Program
Discussion in 'SRT' started by blsqueak, Mar 9, 2013.
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Just got off the phone with the lease recruiter (Tony).
They only have new trucks. Volvos, Freightliners, Petes, and KW's are being added.
It's a 4 year locked in lease. No walking away without a hit to your credit and possibly owing a lot of $.
It is a purchase option after 4 year lease. I think she said $50K ballpark.
Payments are average $650 per week + $200 for insurance/workmans comp/business
Average take home is $1400 per week.
$.99 cents per mile plus FSC. .05 added for hazmat loads(must have tanker/hazmat endorsements)
Average mileage is 3000 for O/O and lease purchase.
They do require a 90 day trial period which means driving as a company driver 1st.
Orientation is 2 days in Texarkana, AR
No hair follicle drug test
Hope this helps!polo king 92 and Perk100 Thank this. -
Jesus that’s a huge buyout at the end of 4 years considering you’re paying $2400 a month. Looks like you’re paying minimum 165k
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It's disgusting is what it is.
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Selling your soul to the company store ....omg and we thought slavery was bad
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That's a horrible truck lease and horrible pay.
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Let's get real. The lease program goes like this.
Your choice of trucks are Freightliner, Peterbilt, Kenworth and Volvo.
$1.02 a mile + FSC
Qualcomm: $ 17.00
Non Trucking Liability: $ 7.38
Occupational Accident Driver 1: $ 31.15
Occupational Accident Driver 2: $ 31.15
Physical Damage: $ 128.31 ( Truck Value X 0.0440 / 52 )
Deductions will begin on 12/27/2019 **
TEL Lease Payment: $ 665
TEL Security Deposit: $ 125 for 12 weeks.
TEL Admin Fee: $ 12.00
TEL Maintenance Escrow: $ 180 per week
ATBS: $20.17
Notes: This is a Freightliner and the $125 is if you don't have the $1500 security deposit so it's added to your truck. I also have a copy of the contract as I am still deciding.
~Voodoo Pyg.polo king 92 Thanks this. -
I have bought two cascadias 14 and 15 this year one for 31k and one for 35 both with apus ....I still stand by this being a absolute kick in the nuts
Voodoo Pyg Thanks this. -
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And I've seen them for less it's a buyer's market right now i.ve just got certain specs i.m looking for and there are a couple salesmen I work with throwing in some nice extras....plus we need to replace 3 more and add a couple ....
But that deal makes me think I need to stop moving frieght and start leading trucks lol
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