The Hunt for an Ok Lease Program

landstar, ace doran, dallas-mavis(greatwide), admiral merchants,

(mason dixon, universal am cam, economy transport, louisiana transport)
these are all basicly the same owned by the same outfit just operate differently
many more out there hope this helps

 

BCO MInimum Requirements

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These are minimum operator qualification standards subject to DOT requirements, and the Landstar Carrier Group may impose more stringent requirements at its option. However, at no time will anyone reduce these minimum standards or make exceptions for less qualified prospective operators.

• 23 years of age or older.
• Class A CDL with HazMat (H) or combination (X) endorsement.
• One (1) year of verifiable over-the-road driving within the past three years (3) or three years verifiable experience in the last 10 years, of which six months must be within the previous 48 months, with a Class "A" CDL using the type of equipment similar to what you will be operating at Landstar.
• No more than three (3) moving violations within the past three (3) years, with no more than one (1) excessive speeding (15+) within the last three (3) years.
• No at fault DOT recordable accident(s) within the past 12 months.
• No felony convictions, no DUI, DWI in the past seven (7) years.
• No reckless driving, careless driving, and no suspension of drivers license over thiry (30) days in the past three (3) years.
• Must be able to speak the English language sufficiently to converse with the general public, to understand highway traffic signs and signals in the English language, to respond to offical inquiries and to make entries on reports and records.
• No prior positive tests from any drug and/or alcohol testing performed by applicant's previous employers or lease carriers.

 

I wold think that the credit requirements would be the same whether you lease or purchase out right. IROC, I would look at every option out there to see if you can purchase one on your own. Right now with the economy being so soft, and dealers from truck, to car makers hurting for sales, even if your credit is a little iffy, you still might be able to get get a loan. This way here you can get the truck you want and lease to whom ever you want. I would not give up my option to own my own truck until you turned over every stone out there..

As for Frymiller I have always heard good about their O/O lease program, and hear they treat their driver well, but hat was 2yrs ago, so not sure what the situations is now. But with the economy the way it is even the best companies could be having difficulties, but things will turn around..

You may not want to hear this, but I knew of a few people at Swift, when I worked there that had a few trucks leased with them, and were making good money. One was a husband wife, who were about the purchase their 4th truck with them and could not be more happier. It's all what you put into it, and from your post, you sound like the type of person, that loves the road, and is willing to do what ever it takes to make money for both the company and your family..

 

I quess with that statement our fellow south of the boarder drivers won't qualify LOL..

 

I have to disagree on a few things.

#1. There are no good lease programs and as an acquaintance in another forum wrote, anyone who gets into a lease program right now during the unpredictability of this recession should have their heads examined.

4 months ago I finished my lease with a company and decided not to opt for the buyout. It wasn't with Schneider. My last settlement paid me 5200 miles so that wasn't the problem. I bet I couldn't get that now, though.

Low miles, low miles, low miles! Everywhere I go I hear drivers complaining that they aren't getting any miles and it's a legitimate complaint.
But you have to run your tail off to make a few bucks in a lease. So I wish you luck.

#2. You are discovering how a lease purchase option works.
If business is booming and all your company's "for lease" trucks are filled, you could probably pick and choose from whatever new trucks your company has "brought in".

However, lease programs have such a high turnover rate, especially now, all the companies have trucks sitting on their lots that have been returned by former drivers. Believe me, they are going to fill those trucks before they get you a "new" one because someone has to make that payment.

They won't make an exception for you. If you fall in love with a truck and think you deserve to get what you want because "you're paying for it", then you need to go out and get the financing yourself. The payments would be cheaper.
I felt the same way but could not get financing, so I had to settle.

#3. I'm sorry. Schneider doesn't lie. They have no reason to.
I drove for them for a couple of years and not once did I ever catch any of them in a lie. In my experience, they went out of their way to tell me the truth.
And they certainly didn't break any federal laws. They have people there who are paid to make sure they don't.

Back then I was told that someone once had a dog in the truck and had the dog in his lap. The dog got tangled in the steering wheel and rolled the truck. It resulted in the company doing away with their pet policy.
Which I thought was unfair. The dog shouldn't have been driving in the first place.
They feel the dog can interfere with the driver's concentration and apparently they could prove it.
I don't know how true it is. It was a story told by a 10 year veteran of SNI.

What I've been reading here has been people trying to make suggestions to help you and you come across as defensive and in a few cases, a little bit hostile.

Maybe with your 1 1/2 years of experience with Werner you could correct me where I'm wrong?

Service dogs:
Seeing eye dogs. Dogs for the hearing impaired. Dogs to assist people who suffer from seizures. Psychological assist dogs who keep people calm so they can go out in public. All of which would be undesirable traits in a driver.
I'm must be missing one.

 

They might not have lied to you, but every company lies if that wasn't the case, people would not have things to complain about, and this forum probably wouldn't exist.

Doesn't everybody come across that way once in a while. I don't think experience has anything to do with it. The person she plans on teaming with again is her hubby btw has been driving for 10yrs. I agree with IROC, if your going to make payments on a truck that you someday hope to own, then you should have the right to pick they type of truck you drive.. If you lease a car, you can choose any make and model you desire, so what is the difference with a truck?

 

Vision, hearing, mobility impairment are the 3 conventional ADA approved reasons. Impaired mobility would not be a big deal if pulling dry van and all no-touch.

 

i take it you have never leased a car? at the end of a car lease theres a baloon payment due and most are 10grand or better to keep it.the only one who comes out ahead in a lease is the bank.just like the trucking comp. but company truck leases,a driver can make a little better than a company driver but you have to stay runing or the guys who do run will leave you sitting. in this envirment you better be on top of your game or they will chuw you up. and if they lease on as a team there going to have to run the miles like a team no in if's or but's about that one

 

That is the reason why I never leased a car. I wasn't born yesterday, sales people have tried to get me into a lease many times, and I always told them were they can stick their lease. But with a lease you have the option to pick which vehicle you choose to lease?

But in the big trucking industry, if you want to bend over and let the big truck company stick you in the aers, that is your business. That doesn't mean everyone has to accept just any old POS truck. If your going to make the payments and pay all the bill associated with being a O/O, then you should have the right to pick out which truck you lease, instead of driving any old POS that they have to offer you.

 

That's a crock, my inlaw leases new vehicles all the time for the last 20 yrs.. I do know this when the lease is up you have the chance to do 2 things. Pay for it out right (book value) or refinance it until it is paid that is what he is currently doing with his 04 F-150... He said he is getting to old and no longer needs to keep on doing the lease program. I don't know who you have listen to or bought cars from before, but it sounds like they stuck it to you on many occasions..