Schneider choice program orientation and getting truck Schneider finance

What was the new truck though? Not all new trucks are fuel efficient. These Mack's are about as fuel efficient as a shoe box. Not all trucks are created equal.

 

You guys are saying its a rip off. Think about it this way- if you went to a dealer and financed a truck or whatever you pay for what 5 years 6 years? And you pay what 1500-2000 a month? Ok so half the loan time and double the payments and that is what Schneider is doing. No different then those buy here pay here places for cars. Some people just can't save up 10k to lay down as a down payment. This is a viable option for them. Or maybe they can't get a bank to loan them 100k for a truck. It's all fine and dandy to say "just pay cash or save your money" when most of us are company drivers making less then $1000 gross a week. How do you expect us to save any money on those paychecks?

 

4500 miles a week? That's a average of 65 miles a hour for your entire 70 hours. I see why you run paper logs....
what company you run for?

 

In your case, did the truck have a recent annual federal inspection? If so, it requires checking the entire exhaust system for leaks, and any leak forward of the rear of the sleeper fails the inspection. The fact that you got the truck "as is", legally no different than if you just paid cash to buy it outright, doesn't change the fact that there are legal requirements to pass that inspection.

If it had a recent inspection, it would seem that whoever signed off on it is to blame, whether it's SFI themselves or if they used a third party. I'm not sure if they could be held legally responsible, or if it's too late. But it might be some leverage, if you could demonstrate that it had an exhaust leak for a while that would have been found on a legitimate annual inspection.

 

Sure, and there's nothing wrong with that, if both parties agreed to the terms. Unless the truck is a lemon, since nobody ever agreed to buy a lemon with those terms, they agreed to those terms for a decent truck as represented. At least with nothing (undisclosed) wrong with it that the seller knew about or should have known about.

In this case, the defect was something specifically required to be checked for as part of an annual federal inspection, so if the seller represented the truck as having a recent inspection, they represented it as not having any defects that would fail that inspection. That's very different from something going bad that's hard to predict.

 

Ok so take the lemon out of the equation. Put a new truck there which shouldn't be a lemon since its coming directly from the factory and if something does go wrong it had the factory warranty which will cover anything. Still a bad deal? Or better deal?

 

Personally, I'd say worse deal, but for a completely different reason: A new truck is just way too expensive, even if it's not a rip-off or lemon. Like I mentioned earlier, that ~$150,000 I saved will ease the burden of any repairs I could possibly need with a lot left over.