Running with JCT

Wow that's bs!!

 

This highlights one thing about the JCT fleece lease: It's THEIR truck, not yours. THEY call all the shots, make all the decisions about THEIR truck. I'm not saying all LP deals are this way, just this one. I'd stay away from this company for LP, most likely they are going to short load you at the end of the lease and lease it back to another "owner operator"...ahem, I mean lease purchase driver once you fail.

The recruiter told me if were to "walk away" at the end of the lease, my 2,000 dollars would not be returned, only 400.00 dollars of it. This means even if there is NO damage by my animal, they are still going to charge me 1,600 dollars. So...this means YET ANOTHER reg flag for JCT: If they are going to charge you close to 2 grand for something not resulting in damage, what else are they going to charge you for at the end?

If it sound too good to be true, it probably is.

Don't LP with JCT, bad deal.

 

Yup!! Thanks for sharing!! Between whst you said and a few others saying they were going to have a negative check.. Jct is a NO GO for me!!

 

Any time you stop rolling there is a very good possibility of a negative settlement. Just because you aren't earning, doesn't mean the weekly static costs stop (lease payment, insurance etc)... If you don't want a negative 'check' go company driver.

 

" It's THEIR truck, not yours" This goes not only for Leasing , but also purchasing with financing from a Bank or Finance place YOU DO NOT OWN IT UNTIL ITS PAID FOR

 

So your saying if I wanted to take some time off during the week and live a little like any other job I will be in the hole???? #### it sounds rough over at jct!!

 

I'm not with JCT, but my husband and I do lease... However we plan ahead for the time we want to take off from work. KNOWING we will have static costs as well as no income... It's called saving ahead. Our 'company' (we have incorporated) pays us, but it doesn't earn any money that week. So no, we aren't in a 'hole' ... We've planned ahead for a time of no income and static bills.

 

Do you have any proof of JCT shorts drivers on miles toward the end of the lease? I personally have known several drivers that have completed leases at JCT and have never heard of anyone being starved out of the truck. I can say I witnessed my best friend get starved out of his lease at Knight though.

Your right, till you pay off the truck it ain't yours. That goes for every lease purchase and that's not what the advantage for the driver in doing a lease purchase. If you have enough funds and credit go out and get your own truck then lease on to someone or get your own authority. For the drivers that have a dream of owning their own truck but do not have the credit or resources to do so L/P gives them that chance. Unfortunately a lot of companies have structured those deals so that it is nearly impossible for the driver to ever actually own the truck. At JCT it at least seems possible to complete a lease and the buyout at the end being only a dollar makes that a lot more possible then the ones with the 18k balloon payment.

Trucking ain't Burger King, you can't have everything your way.

 

Guess none of the negative posts read the OP's post asking them to take it elsewhere! ANY business has operating costs so, if you are not earning, you are in fact losing money. It doesn't matter if you're leasing a truck or running a food truck. If you're not making money driving, there's a good chance you need to look in the mirror rather than up the corporate ladder... Jmho

 

sit back and listen to these drivers you might learn something!!!