Werner Enterprise Purchase Program

Oh yeah! We got deals going on every day!!!

Come on down to Jimmy Jackknife Billy Bobtail truck driving academy and we promise you'll get your cdl the first time.

We'll get you setup in that international cab over you've always wanted only as jb hunt can order them. Yes you'll go work for jb hunt at the end of school. But if you don't qualify with jb hunt there's always our snazzy Schneider placement. What's that you say? Your hard of hearing and you blind in one eye? Don't worry, we have our own dot physicals we give and you'll always have room for you in the wonderful Werner reefer division.




On a serious note, op, please don't lease purchase through any company.

 

don't listen to these guys, that company has a bad rep but here is the thing if you are willing to run hard none of the big companies will screw you look you are taking a lot of expenses away from them you fail you owe them money you may never pay it back they are now out more then before. I was an owner operator for them and was treated great then after I had 5 trucks I wentto swift for ##### and giggles im 22 and own a fleet because of.them dont be stupid.with your money and run hard you will be ssuccessful and by being stupid I.mean buying the most expensive truck and chroming it out. its a work horse not a show horse. most people fail becuase they get a false sense of.security and do a bunch of stupid.####. be smart my friend and it will work out. as far as credit goes youll pay more for a truck if you go else where if you decide to lease. I still am trying to fix my screw up when I was 18 if I were you do your research ask a bunch of leasers about it they know more than anyone about it

 

Question? How many drivers that starting their drive career as a student driver with Werner Enterprises. Are your trainer an Owner Operator? My trainer and other students are owner operator.. and they purchase their truck from Werner Enterprises... and they are succed.. why?

 

There are better companies yo L/p from by far. I met a werner L/p trainer and he is not doing well. I helped him with some fuel mileage increases. Just last week they forced him to buy 10 new tires on his tractor, refusing to give him another load until he was cleared by the shop. His steers had NO wear pattern and still had 7/32 on them, and his drives has 200k miles on them, no wear patterns, looked great, and had 9/32 on them. The shop told him he HAD TO REPLACE ALL 10 TIRES because his drives had 200k on them.

that is just sad.

 

First of all, Werner does not do a lease purchase program. They sell their trucks out right. You can go through them and they will get you financed through Wells Fargo like they did for me or you can secure your own financing and purchase it. I average 10,000 miles a month and my settlements far exceed what they outlined in the information packet they give anyone interested in purchasing a truck. That is mainly because of my driving habits where I average 7.6 MPG and I look for the best fuel prices along my route. This equates to a 15 to 20 thousand increase in my revenue per year and I mean net take-home.

I purchased an '08 Freightliner Cascadia that had 371K on it for 49. That was well below market average for vehicles that had 500K

If you buy a truck you are going into business and you have to treat it as such. Adopt good driving habits, maintain your rig, and don't buy a bunch of shiny crap for it. If it won't save me money on the bottom line, I don't put it on. If you want to learn more, listen to Keven Rutherford on Road Dog Radio. His specialty is increasing profitability for owner/ops.

 

I'm seriously contemplating this option. Spyder, I'd like to know more details on how and what you are doing to be successful. Thanks!

 

The thing about being successful is watch your expenses and keep the wheels rolling. A lot of guys like to tap into their maintenance escrow and buy a bunch of shiny #### but I keep it in reserve just for repairs and tires. My philosophy about buying stuff for the truck is that it has to pay for it's self in a short period of time. Some examples are my wheel balancers, by-pass oil filtration system, dual tire pressure equalization system, and wheel covers, 13 speed conversion. My next purchase is the Bully Dog HDGT. Another important aspect is how you drive your truck. When doing dry van I run around 58 MPH and fuel mileage averages 7.5 on my Detroit Series 60 14 Liter. I'm pulling TCU right now and my mileage has dropped to around 6.8 due to heavier loads and winter driving now. For every tenth of a mile per gallon gain you can get, that equates to about a thousand dollars more in your pocket over the year. Also, the less fuel you burn, the longer your engine life will be. Lastly, any maintenance you can do yourself, the more money in your pocket. Of course you need a little luck as well.

 

Getting the truck outright from Werner isnt hard if your smart. If you know this business then you can be successful at it. I did it in 2 years. I did train almost 90% of the time to do it though.

 

The truth is, the Werner purchase will get you a truck... but only trainers will make a really good living. Thats just the honest truth.

A solo owner op with a payment is only going to average about $700 a week. A trainer will do almost triple that.... because he has a free employee and makes money off all the miles. Its not fair to compare the two.

That said, the prices seem fair, the trucks almost all have warranty left on them... they basically only sell trucks with 400k miles on them... which has 100-200k left on the powertrain warranty. They dont really sell off-warranty trucks.

They let you use the fuel card... but you have to use the Werner fuel stops to do so. You can go anywhere you want if you are going to pay directly, but you have to keep the cash for that in your own account... the werner fuel card will advance you the fuel money if you want to use a werner fuel stop. You do get the discount as well... but only at their list of fuel stops. Its both a blessing and a limitation.

That said... if you are a trainer and you know that youll definitely be doing it for at least a few years... there is no reason not to get your own truck unless you really want to be dedicated. They dont let owner-ops on dedicated routes because you have the authority to turn down runs... not something that looks good to customers.

Even with the payment, a trainer can make a killing. The trainer pay is already pretty nice, its even higher as a owner-op. Not just that, but you get the residual value from the truck. So if you make 10-20 grand more... and you pay off a truck worth 40 grand... you basically made 30-40 grand a year more.

But but but... that really only works for trainers. Solo drivers really need to be very very conservative with their money if they want to succeed in a purchase.

Teams can do pretty well...but its kinda rare to see teams purchase. They can each make 50 grand pretty easy... and have the authority to turn down loads. So its a decent deal....

The fixed costs are about 2 grand a month... and you make about 1.30-1.35 a mile with fuel surcharge. You use about 55-60 cents a mile in fuel. If you drive 18,000 miles a month, about 4200 a week... you spend about 11k on fuel a month, 2k fixed costs... and gross about 23-24k. The math says you can make 9-10 grand a month... as a team or trainer averaging 4200 miles.

So the math is pretty solid as a team or trainer... but its really not very good as a solo... its like $700 a week. Its hard to really keep a savings account with that kind of income... I would only recommend a purchase to a trainer or a couple who really wants their own truck.

 

This sounds about right. I personally wouldnt run TCU... that extra weight really seems to be sapping your profit. But you are dead on about the mpg for weight and speed. Definitely right on.

In dry van, I averaged 7.6mpg with a newer Cascadia. I once averaged 7.8 with a Cascadia that had 550,000 miles on it. Its really only a few grand a year when you look at it, but I just really dont like the idea of TCU and the extra weight and fuel.

But if you can make it on a TCU account with that kind of weight, it really says a lot.