FAF Lease Purchase

Why would you want a new truck? Not all 04-09's are nightmares,by generalizing your showing a big lack of knowledge. My 09 has been a great money making tractor with very few problems. My only EGR related issue (EGR is the number one problem these trucks have) has been having to replace my DPF at 580,000 which is not a big deal. I opted for a reman rather than a cleaning and I was out the door of a Detroit shop for 1300.00 and it runs great. For most new O/O new trucks are a fast track to failure.

 

DPF/SCR trucks are a nitemare ,that I'm currently dealing with constantly with a 2012 ISX 550 Cummins in a KW 900. The truck has been towed numerous times due to going into derate and limp mode, multiple injectors replaced, poor fuel mileage (4.5 MPG at best) . You cant go a week without a
check engine light going on and the engine derating and having to go to the dealer who's booked solid for days with other DPF/SCR trucks down . The truck has 170k miles on it and just went out of warranty, and your at the mercy of a overbooked dealer charging $110 to $115 an hour for a tech to stumble through pages of diagnostic troubleshooting that they print out when they read the codes .
It truly is the worst equipment choice we have ever made in over 27 years of trucking. A $140k unreliable nitemare due to the ridiculous DPF/ SCR experiment that the buyer becomes the guinea pig when they buy the truck. The dealers absolutely love it . It's a windfall for them,like hitting the lottery,
full bays and more trucks waiting or being towed in. Do yourself a huge favor and stay away from 2008 to current year trucks unless they have had a quality DPF delete done, which I know is illegal for on highway trucks and many companies who we're doing the deletes are not doing them anymore due to the government going after them for tampering with EPA required emissions equipment .One company doing the deletes received a $500,000 fine . Everyone I know with a 2008 or later truck has had similar
experiences. Failed EGR coolers/ valves, injectors, turbos, all kinds of sensors, heated fluid lines failing in winter it truly is a situation that should be addressed by the trucking industry as a whole the amount of ridiculous down time ,repair cost and lost revenue these trucks are causing. My honest advice is look for a good 2007 or earlier truck and avoid the headache we are living almost daily with this truck.

 

Sorry your living the nightmare but its a great example of why I try and get guys to look at the used market. New guys like to think they are bullet proof with a new truck and that fancy waranty. And I will tell you the same thing I told the other guy. Telling guys (especially those that need carb compliant tractors) to stay away from 08+ trucks shows a real lack of knowledge but theres alot of it out there.

When looking at the 08+ carb compliant trucks a quick look at the full ECM report will immediately reveal a potential EGR nightmare and from there you move on to the next truck. There are thousands of good tractors along with a thousand bad,guys have to do their homework to seperate the herd. A full ECM report will not only give you all the regen history (which is one indication the truck is healthy) but its a goldmine of other information. If a guy walks into Arrow and picks his tractor because he likes the color and the payment plus they throw in a warm and fuzzy waranty then he gets what he deserves. Worse yet guys buy new and end up failures it happens everyday and as long as there are uninformed buyers its going to continue.

Dealers lose big time on waranty work,not sure where your getting your info. The shops are just as frustrated and new school techs just throw parts at the problem which could mean quick death to a one truck O/O.

You biggest mistake was going with that disaster called ISX.I wouldnt own an ISX if you paid me,way to many issues with EGR being only one. Its Detroit or nothing in my trucks. I have had more than a few 1.5 million mile Detroits,do ISX's routinely make it to a million?

 

My 04 volvo has been great since day one. I replaced the egr valves once but i have had the truck since o6 with 500k on it and it now has 1.3 million on it. The egr valves are bad now but i blocked them off. Both times the valves were stuck open so truck still ran fine. Stay away from newer truck with all the emission crap take care of it and you will make money.

 

The biggest issue with Volvo is finding shops unless its a Volvo with a Detroit!

 

Dealers lose big time on warranty work,not sure where your getting your info.

He's right....warranty work only pays about $65.00 an hour. Dealer would much rather bill owner $110 hr. Warranty work has other problems too, no big mark up on parts. factory knows cost and only allows a small mark up, handling fee. Again, he would much rather bill owner full rate.

Dealers shop is a stand alone business unit under the umbrella as is parts, sales and F&I. Each is expected to turn a profit in their respective operations SO , would you rather be billing $65 an hour or $110 an hour as the bonus driven shop manager ?

My carrier found out the hard way the select warranty isn't worth spit. He bought a JB unit that had 600k , ran it 40k and lost the engine under the warranty. Had to pay 5 grand to get it back with a inframe even though the original dyno done by select showed a weak engine at purchase.

JMO

 

Not to mention that the techs will put hours in throwing parts on the truck because the computer tells them thats what to do thinking hes doing the customer right. The shop racks up a ton of hours which not only costs them money but the rest of us face a three day wait for service. Im not really worried about the factory shops,its the factory authorized guys that get hurt. Then after all that work the truck is back in the shop with the same symptoms and a really pissed off O/O and the cycle repeats itself. Its a bad deal for all involved and alot of people are leaving both trades because of the frustration factor.

 

Everyone has there opinion and different economic abilities . for what I do we buy a new truck every 5 years,we have 13 trucks overall.Previous years that meant a Cat ,which we had good luck with for the most part. My last Truck was a 2007 Peterbilt 379 with a C15 ( which we still have in great shape with only 480k miles on it sitting in our yard) . In late 2011 we bought this 2012 KW 900 and I love the truck as far as ride ,overall quality etc it's just the constant DPF /SCR headaches that pop up in the last year which many things have not been warranty since the KW side of the truck only covers 1 year and 100k miles. I was told by a couple of mechanics and shop managers , a couple with smiles on their faces how the new trucks keep them busy and it's job security to them.As far as many mechanics leaving the trade ,many always have it's a miserable back breaking profession that I would not wish on anyone to have to do long term, the only happy person is the owner of the shop collecting the money.
Our work pays over $4 per loaded mile for the walking floor work and $100 an hour for the first 8 hours and $150 an hour after that for our trade show logistic work ,it's our own work,we're not the average broke O/O chasing his tail for low paying work , so these issues with the truck will not break us as it would many others ,it's just BS that the industry has to deal with the nonsense involved with these emission systems .So please stop pontificating about lack of knowledge , these new trucks are all a big crap shoot when buying new.As far as used and studying ECM reports ,you are correct in trying to find the least junk of the junk as far as these new emission nightmare trucks are concerned .But we buy new for what we do we don't sift through arrows or others washed up ex fleet trucks , our economic ability allows to do that.If your that rare lucky guy who has great luck with his 09 truck because you are so knowledgeable ,that's great. Every other person I know with an 08 or later truck
hates them compared to pre emission trucks unless they profit some how off of the down time involved with them such as shops or company drivers getting paid by the hour who does not care if the truck is down or not they get paid anyway.

 

FAF is tied into in some way with Cure, if your are dead set on doing a LP, try Lone Mountain. You can take the truck anywhere you want. At the end of the lease, they send you the title.

 

FAF just has an agreement with Cure to have all L/P drivers get their trucks from them.