Central Refrigerated Drivers

It is not too bad to lease from a leasing company like Ryder, or even one of the truck manufacturing company's like Pacar or Daimler.
Then you can lease that truck on to a company. Like your teacher did.
Just do not lease from the company that gets you your freight.
This is what Central does. It is there truck, you are just renting it at a fairly high rate.

 

Thank You Chrome Dome. I was not completely sure what International charges for Its leased Trucks but I have heard that It is at least half of whatever the Big Truck companys usually charge. I guess that You would have to get some experience in Trucking in order to lease on of their's just for Insurance purposes.

 

I believe that leasing from the dealer would be about 20% less. It is not allot, but it is a savings.
And then you are not in a contract that the company can cancel at any time for any reason.
That is the big thing. The trucking company's have a clause in the contract that they can cancel your equipment lease for any reason at any time.
I do not agree with this, since your equipment lease is a separate lease from the one you sign when you lease on with the company.
And one of the big reasons they like to cancel is due to you not running enough miles, so you cannot afford the equipment.
Well, the company controls your miles, not you. So they are causing the issue.

 

That's Cool Chrome Dome, so You think that probably the Best way to be an owner operator would be to just lease some new equipment from a dealer, so It won't potentially cost a lot of money on the repairs?

One would have to work for a Year someplace I guess in order to get enough mileage for the Insurance on such a Tractor.

Is It true that You can buy a Good service contract from the Truck company that You lease It from so that You won't be stuck with paying a lot of money out on Major repairs?

What about If I just bought a Truck and put aside some money for major repairs? Would I be able to run almost any Year and kind of a truck that I would think is Interesting?

Thank You very much for the reply. Talk to You Later. 73's

 

I know you asked this of CD but I have a little input that might help. If your looking to work for Central the Truck cant be more than 3yrs old. Once it hits 3 going on 4 they Don't want it in the fleet. If you lease with Central in the payment that you make is the insurance as well as a maintenance account that they set up for you. Minimum of 50 a week has to go towards that account but you can put more in if you would like. I have talked to my trainer about it and he says its still a good deal. At the end of the lease whatever you have left in your maintenance that you dont use goes back to you. Or you can add onto it with your next lease. There are ups and downs to a lease but you will never have a truck older than 3yrs.

 

They let you stay on with a truck older than that, if you buy yours out. They will just not lease a truck older or let you lease on with one.
Once the truck is there it can stay.
There were still several guys with old freightliners when I was with them. Those trucks were like 2003 models.
It really is a stupid rule though. Since it is all in how you maintain the equipment.
I have seen worn out trucks that were 2 years old. And trucks that were perfect that were 7 years old.
It is all in who drives them and how they are maintained.

My company allows trucks to come on up to 8 years old.
Once leased on you just have to keep it maintained. If you do not they will not want you.

When you lease from a dealer you will have a full warranty.
You will have to pay for wear parts, and some here and there over the warranty. But most repairs will be covered for the life of the lease.
And extended ones are available.
It is always best to have a good escrow account though. Even if you own your truck. This money can be set aside within the business in that acct. So is treated differently for tax purposes than normal savings.

 

I am so excited to finally start with Central after talking about it for so long. I am probably driving my entire family crazy talking about it. If all goes as planned, I will be starting school in Conley on the 15th. This truly is a dream come true for me and I believe I am starting with one of the better companies that take on & train students.

 

Ok so I talked to a recruiter today after resubmitting my application last week. Although I live in Georgia they said I'd have to go to Salt Lake City to train instead of Conley unless I want to make the 75 mile drive one-way daily. They no longer cover lodging in Conley. Kind of puts a kink in my plans. I may look into staying at a motel on my dime.

 

Trust me, you would much rather train in Salt Lake than GA! Plus you will get some very good mountain and winter driving in. Dress warm!

 

I agree with Chompi on this one. Unless you have concerns that you will not make it thru the training for some reason and want to have an easy way home.
Otherwise I would do the training in Salt Lake.
Now the big negative on that is that you will have to pay for your license twice. Since you will have to get it in both states.
No tests again, but it costs the same anyway.
So figure 200 bucks twice.
Or get the hotel room.