Roehl lease purchase good or bad?

Do not listen to all the baggers or the #####es. Some make it some dont. More dont than do, mostly because they were unprepared. They should have stayed compay till they learned how to manage their money and business. The stories about companies slowing you down toward end forcing you into default? Well yes that happened a lot back in the 70' and early 80's. Crunch the numbers, be realistic about possible earning, over eat possible charges. Set up your own maintainer account (even if you have one associated with the lease) Figure out how much it takes to live and run your home every month. Then put yourself on salary, just like if you were company driver. Good luck I have personally seen MANY succeed with lease purchase or company finance. But I've also seen many fail. It' all up to you man.

 

I’m not sure about that long.

 

To answer your initial question, I left Roehl to go to Sammons L/P. So in my opinion, Roehl is definitely not a good LP. Sammons was owned by UTI which was sold to DSV. It is not the same place it was when I started here, but is still better than most. It is all open deck freight here and you pick your own loads, so you only tarp if you want. I tarped my last two loads but I was rewarded handsomely for those loads. You do need at least a year open deck to start with them so I don't think it would be an option for you from what I have read on this thread.

 

When I checked into their LP program, they were paying around a buck a mile plus FSC, roughly 1.35 a mile, while charging a premium for the truck. Basically when all numbers were figured in, I would have made about .02 a mile more, but been responsible for all maintenance and repairs on the truck. It was also forced dispatch, and although they claim to be able to choose your load now, from talking to current Roehl LP's, if you turn down loads you are put on the bottom of the dispatch list and get to sit until they are good and ready to give you a run. You are being dispatched by a company that has company trucks so guess who gets the good loads.It is, or at least was at the time, the typical LP program that many on this site claim that all are. I do know of at least one person that completed a LP with Roehl, but this truck had over a million miles on it when he had it paid off, and is now a company driver with a different company because his truck was wore out.
While I was LP at Sammons I averaged 1.38 a mile after fuel and before truck payment and my salary. I paid my truck off in 29 months while making more money every month and working 3 weeks out 1 week home. Don't get me wrong, you have to have business sense to make it here too, and 40% fail here, but they walk away not owing the company a dime.

 

That I think is The biggest thing. As long as it’s a walk away lease, and has a good chance of ownership, then why is it such a bad thing to try.

 

I lease mine directly from Freightliner.