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so choice load... lease?

Discussion in 'Schneider' started by csw1818, Jun 19, 2015.

Page 1 of 11
  1. Jun 19, 2015 #1
    csw1818

    csw1818 Medium Load Member

    377
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    Feb 6, 2014
    pinehurst, nc
    0
    Right now I'm a lease operator at prime... yes the slow truck company. and I really want more freedom but not necessarily landstar freedom if you catch what I'm throwing. I understand how gener leases work, however I hear schneider isn't a "normal" lease per say, I hear you put 5k down on a kemwprth (which I am fine with) and it's not a walk away lease, and it's un-governed and un-molested (on guard, adaptive cruise etc.) And you pick your on freight? So would all of the above be true or have I been lied too?
     
    csw1818, Jun 19, 2015
    csw1818, Jun 19, 2015
    #1
    bbone and TennMan Thank this.
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  3. Jun 19, 2015 #2
    sadwar

    sadwar Road Train Member

    2,143
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    Jul 8, 2012
    Lockport, IL
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    Yep, that's pretty much it. Read my threads, freightwipper's, dfo's, tennman's, etc etc etc...
    All the juicy details are in there...
     
    sadwar, Jun 19, 2015
    sadwar, Jun 19, 2015
    #2
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  4. Jun 19, 2015 #3
    csw1818

    csw1818 Medium Load Member

    377
    139
    Feb 6, 2014
    pinehurst, nc
    0
    Pet policy for lease ops? I have two pups german shepherd and American bulldog
     
    csw1818, Jun 19, 2015
    csw1818, Jun 19, 2015
    #3
  5. Jun 19, 2015 #4
    sadwar

    sadwar Road Train Member

    2,143
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    Jul 8, 2012
    Lockport, IL
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    Not a problem. There is no policy, it's your truck.
     
    sadwar, Jun 19, 2015
    sadwar, Jun 19, 2015
    #4
    damonarnold816 Thanks this.
  7. Jun 19, 2015 #5
    csw1818

    csw1818 Medium Load Member

    377
    139
    Feb 6, 2014
    pinehurst, nc
    0
    That's what I wanted to hear. Are the leases walk away?
     
    csw1818, Jun 19, 2015
    csw1818, Jun 19, 2015
    #5
  8. Jun 19, 2015 #6
    sadwar

    sadwar Road Train Member

    2,143
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    Jul 8, 2012
    Lockport, IL
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    Technically no, but since SFI ( Schneider Finance, they lease you the truck) is so small they don't report to the credit bureaus. I've heard if you complete at least half of your lease and turn the truck back in in good shape, they won't do anything.
     
    sadwar, Jun 19, 2015
    sadwar, Jun 19, 2015
    #6
    damonarnold816 Thanks this.
  9. Jun 19, 2015 #7
    freightwipper

    freightwipper Road Train Member

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    Mar 24, 2014
    OTR
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    They offer a one year lease also. Try getting that at Prime lol.
    Only new Kenworths are $5k down ($6k comes back to you at the end of the term)
    They offer zero down Freightshakers
     
    freightwipper, Jun 19, 2015
    freightwipper, Jun 19, 2015
    #7
    HeWhoMustNotBeNamed Thanks this.
  10. Jun 19, 2015 #8
    csw1818

    csw1818 Medium Load Member

    377
    139
    Feb 6, 2014
    pinehurst, nc
    0
    Im more concerned with schneider walking away after I've made 4 years payments. What's the truck inventory? T680s, cascadias, and 579s?
     
    csw1818, Jun 19, 2015
    csw1818, Jun 19, 2015
    #8
  11. Jun 19, 2015 #9
    sadwar

    sadwar Road Train Member

    2,143
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    Jul 8, 2012
    Lockport, IL
    0
    I've actually been told the FLs are now requiring $1K down, but that could be based on your credit...

    I was told I don't have to put $1K down since this is my second. lease.
     
    sadwar, Jun 19, 2015
    sadwar, Jun 19, 2015
    #9
  12. Jun 19, 2015 #10
    sadwar

    sadwar Road Train Member

    2,143
    3,370
    Jul 8, 2012
    Lockport, IL
    0
    They only offer one year and three year leases with a residual value at the end. They don't have a lease to own program.

    Inventory is what you mentioned, plus some used trucks.
     
    sadwar, Jun 19, 2015
    sadwar, Jun 19, 2015
    #10
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