Anyone here complete a Lease/Purchase with swift?
Discussion in 'Swift' started by FluffyGuy, Jun 5, 2011.
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Thanks G/Man, yes I am only 20 but company's now hire OTR drivers at the age of 21, and i will be turning 21 in October. I didn't really want this thread to turn into another lease thread like the rest of them on here, just wondering what the success rate of the lease purchase is. It does make a little more sense though after reading your post and that seems like the right way to go about owning a truck.
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I was just going to click the "Thanks" button, but i don't think that gives that post the credit that it really deserves
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I will explain the reason for my first post. I was 18 and had wanted to drive a truck my whole life. I used to sit in class in elementary school and draw pictures of trucks. I had all the old truck song albums of the 60's. I started driving a school bus within a few weeks of getting my car drivers license at 16. Back then we had chauffers license instead of CDLs. The day I turned 18 I went and got mine.
I tried to get driving jobs every week. I pounded on everyone's doors. I finally got a job driving a straight truck, but my dream was to drive a "big truck". The girl I was dating had an uncle that owned a truck, and tried his best to talk me out of driving, and especially owning a truck, which is what I really wanted to do. He even brought out his books and showed all income, expenses, and his net, which he kept telling me wasn't worth the time, cost, and effort. We had that discussion many, many times. The income seemed like a lot to a young guy like me, and the tales of hardships over the road sounded like adventures.
To try to shorten up this story, I drove the straight truck appx six months, started driving for an owner operator by myself for appx four or five months, then bought my own truck, rented a trailer, and went out on my own at 19 years old. Thank goodness I was a good mechanic and a fast learner. I enjoyed the adventure, but when I sold the old truck in my avitar later, and started driving an almost new truck for a company making much more money, it was like a dream come true.
My meaning was you sounded like I did. You have your mind pretty much made up as to what you want, and the facts are not going to change one thing. Believe me, I've been there and done that. I've lived it, and have seen it many times through the years.
Good luck in whatever route you decide to take.The Challenger, AZHammer, unloader and 2 others Thank this. -
Hmm. Well I just purchased a truck with my company (werner) and so far things are going well, but these older guys out here are giving you golden advice! IDK how long you've been driving for but just make sure this is really what you want to do.... IDK about Swift but i know there is a decent amount of OO why make it through werners purchase program (no bubble payment at end to own here, idk how swift is set up) But 800 a week seems like a hell of alot money to be paying.... like these guys said you can get a decent used trk for WAY WAY cheaper than that! I jusyt baught a 07 pete 387 with 450K on the clock for 1300 a month, But if your reasons for buying a truck is to go faster or get more hometime (which im not saying it is) than i can pretty much say that you wont make it. and if you do secide to buy this truck and pay on it for 4-5 years, make sure this is what you really want to do! Good points i can see about you buying a truck is that your only 20 yes old and im assuming that you dont have a wife/kids/house or anything that can hold you back, you seem to be in the right situation in life to do something like this. Im just saying it can be done, you have to be much more than a driver when you own your truck, you cant just hop into your newly purchased rig and just drive away and expect to be successfull... you have to know whats really going on with everything from finances, to breakdowns, to knowing if your making a good profit. Youll definatley know how serious things get the first time you fuel and put in 600 dollars into your tank and realize that you just paid that tab and not the company lol. But if you have all your ducks in order and know what your getting into than i say do it, (please not a new trk at 800 a week!) Dont expect to get rich and ALWAYS have some cash back for unexpected things! Good luck to you and take care - Be safe out there
FluffyGuy Thanks this. -
Pardon my typing, just woke up and i can hardly see my keyboard lol.
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Yeah that is kind of the same situation i'm in. My dad owned a trucking company since the 80's so i've grown up around it. He's pretty much the only one in my family that supports me in driving truck. But his one rule is to never buy one, because they are too much of a headache. It makes sense to drive a company truck for awhile, which is what i plan to do. That way you let someone else pay for the fuel and mechanical problems and you can just focus on the driving, not having to worry if you have enough money to fix the truck or not. The only benefit i see to having your own truck is that you may make a little bit more money and you have the freedom to pick and choose your loads but i guess that isn't worth all the headaches that come along with owning.
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It's not like it was in the old days. You could cary enough tools and parts to repair most things on the road, and shop work was fairly reasonable also. I've even replaced a piston and a head on the old truck in the picture while sitting in the emergency lane on I-85 one time. Your truck would be towed, and you would be locked up for that now.
The companies today hold such a tight reign on drivers that many will lease just to get a little freedom, even if no more money is made. It's a shame what has happened to what was a fun job with lots of freedom to do it your way, as long as you delivered and picked up on time.The Challenger Thanks this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
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