RoadRunner Lease Purchase

I requested a truck that was still in it's original 3 year lease, I got one that was turned in 11 months early, leaving me with only 10 months of lease payments by the time I got it. At the end of the lease, I put half the purchase price down and got a loan for the other half, paid that off, now I own the truck.

 

That’s swell of them. When I L/p there was no finishing off the lease that a previous driver had. Everyone’s lease at the orientation was new. Is it particular to road runners program? Are those types of trucks always available?

 

You have to ask for it, I know they are re-leasing 2015s and 2016s where the leases were completed at a lower price.
When someone ditches out on a lease early, the company wants to get rid of the truck asap, because they are still on the hook for it. I did the same thing at cr. England in 2008. Unfortunately I wasn't able to purchase that truck.

 

Avoid like the measles. Not walk away leases, they will not help with a major break down. Backhauls no fuel surcharge, never planned in advance so you get offered what everyone else does not want, heavy cheap loads. I would hold out for better. NE loads will require cash up front for tolls.

It's not terminal to terminal, it's frequently terminal to third party terminals who do not work on weekends and you will not be loaded in most cases to deliver by Sun mid cutoff. You will be charged all fuel until then.

Unless you are on the happy list you will not be offered the highest paying loads. That's any company but consider less than 1000 drivers including local, you get noticed one way or the other eventually. Deadhead pay avg .50 a mile (Miami to Atlanta for example). The DEF systems will fail on these trucks out of warranty, and if you do not have 15-30k credit repair fund do not even think about it.

You rent from a trailer pool where occasional stolen tires (replaced with garbage) will force you to replace them. Manageable but annoying. Occasional stolen inoperative lights left for you to fix.

New hires not loading trailer axle weights right was fun (5). Yup you can drive 70. Expect your tires and def system to fight you in end. God help you you get an old cranky elog device that looses wifi every ten seconds, hours of sitting there fixing errors.

The most exciting part of the job is all the free IFTA paperwork you will have to do before you get paid. So you think you got it all figured out, just buy an old truck? Lookup on YouTube top 5 common failures with the truck you own or plan on buying.

Now expect those failures with hub after 300k, start putting truck out of service two weeks for each issue, if you do not plan them yourself, random locations, tow fees, hotels, and you are not going to get a loan from the company and the leasing company will drag their feet?

Meanwhile load planners do not know when trailers will fully load but they magically see the light once they know you deliver past Sun night? Lots companies same deal. Do not buy from these leasing companies. I told you about cash flow issues, they will not help major breakdown, and they think they will collect lost rental fees in addition to value of truck if you default or walk away from the lease.

Driving is not the problem. Without a cash reserve you can not survive dishonest def breakdowns, truckers yanking parts off your truck to avoid down time, etc. Expect 90 days out of service for time off, and or repairs tailored for people working the oil patch, big bucks.

Now explain to yourself how you will pay your bills. I see the logic of owning your own truck. Most old trucks do not move anymore, they park them, too many obstacles. The mandated DEF and hours of service regs take common sense out of the equation, that will cost average trucker 300-400k every ten years my opinion.

Roadrunner can fire you after you deliver a load, no sweet good bye letter, no warning, no severance package, get your plates off the truck, fuel etc not our problem? They participate in CARB even if you do not run. Every month fill out passenger insurance. No matter where you are. Publically reported company data breach last year I believe.

It's a circus act? Lots of good people under bad lease shadow. Do not grow this company by signing bad leases please, they can do better. You want biz credit, two year tax returns, do not fool yourself you dodge the bullet.

 

Not accurate at all. It's a drag that you couldnt hack it.

 

Everything spot on, and parts repeated in previous posts by other drivers. Not all drivers will be offered the high pay loads, so this is not about being able to hack it.

The most insulting part is being offered a rental truck knowing darn well they were going to leave you high and dry even though you bent over backwards doing favors for them on several occassions. I made the cash flow every month, to cover a loan, they chose not to.

So yeah, if you see that red card saying you can own your own truck, burn it. You want to give them a try get a rental truck. Do not lease purchase.

The IFTA paperwork will be fun. Only fueling at TA or Loves never made sense unless they were pocketing the savings? Whatever. You offer no facts which means you probably not a driver or trying to play the wag your tail pet me game.

Data breach last year and that was after they had to refile their paperwork for book keeping problems. I thought it was a company worth saving. Looks like I misplaced my faith.

Horrible customer reviews. Maybe Roadrunner can't hack it anymore.

 

I never asked him what he was making...maybe get your facts straight

 

Well I don't know about everyone else but I call your bluff. If you are doing as well as you say you are, you don't have to show your personal information but you could at least show us some settlements to reassure people reading this thread. After all we are all trying to make an informed decision. I too have been curious about the road runner ltl least purchase and I'm curious about home time. I used to work ltl line Hall and wondering if I can be one of those guys that's out 1 night and home the next we're home weekly.

 

Yeah you can post information without giving out personal information. Find the situation that works for you & your family. I bought older trucks & been doing good. I know how to fix them as well. I'm home every night. The furthest I drive is 4 hours. It can be done just find what works for you. I'm in a good trucking area central pa.

 

Joined the forum in June, 15 posts in 2 weeks, all defending RRs lease, lol