Best terminal to get a Repo'd truck

They really should just let us run things.

 

Well I added up the totals for the columbia program and it adds up $35,100.00 at $450.00 a week for 18 months. Not too bad of a deal if Swift throws in an extended warranty plan in there.

KH

 

I'm here in Phoenix and there are a whole bunch of trucks up front. Last time I was here there were only a handful. I went in to take care of some business, well there are some leaflet informational stuff near the lease operations office. One of the leaflets talks about how the fuel surcharge works. At the end of the calculation process that is indicated on the sheet, there is a message speaking to the problem of so many trucks coming available now-- "Rising fuel prices are not a good reason to turn in your lease truck..."

There are a ton of lease operators who don't know what they are doing. They erroneously believe rising fuel prices are going to crush their business. I just got a message on QC yesterday asking any and all lease operators if they are interested in hiring a second seat driver to help them out. LOL Reminds me of my mentor (I use the term very loosely) saying a lease operator could never make it solo. I took the calculator and figured up a solo lease op at $.92 for 11,000 miles and compared it to a team running 22,000 miles. Remember after 11,000 miles, the team takes $.09 cents less per mile or $.045 cents less each. Thus individually they are earning less than the solo driver. Hammering the truck 20 hours a day, more weight, less fuel economy, the only way they beat the solo driver is to log more miles.

My fuel is $1.41, when I was second seat my boss was rolling $1.73 a gallon.

 

They musta just got them in past few weeks--they had none there when i solo'd out. Lol

 

You miles suck, and you want to rent or lease?

 

They won't.

You want to own a truck? Check with Frieghtliner Select. That way you can leave if they won't give you the miles. Low down payment and you can get more truck for the money.

 

Does the fact that they have a parking lot just for repos, and that it is this full, not raise red flags with anyone else?? WTF??

 

A lot of L/Os are under the mistaken belief they will lose their ***es with the fuel prices rising. If they make the same miles and maintain 6.5mpg or higher, they will make more money. But they don't understand this, get spooked and turn in their trucks.

I see another "Red Flag" waver who sees 52 repos and turn-ins and calls it a disaster while failing to recognize 2,500 other lease trucks still rolling.

 

Here is my fuel summary for the past 13 weeks.
AVG fuel cost $1.41/GAL
Purchases: $8,292.05 (2189 Gallons)
Rebates: $5198.99 (11,530 Loaded Miles)
Net Cost: $3093.06 ($1.41/Gallon)
Driving MPG: -7.52(13 weeks)/ 7.56(Last week)
Trip MPG- 7.35 (13 weeks) / 7.45 (Last week)
DCI: 12% (13 weeks) / 9% (Last week)

I'm surprised by the high DCI because I have been doing my best to leave the truck off. Maybe it counts during sitting at stop signs and backed up traffic and such?

I should mention as well, when you sign up to be a lease operator for Swift you are given a total welcome package and a course catalog detailing how to succeed in your new endeavor. In fact you have 60 days in which to complete a quiz on the material covered in the course catalog. The quiz is extremely simple. In fact one would not even have to study to pass the quiz; just keep submitting the answers to the questions that come back as wrong until they come back right. I suspect that is how many of these lease operators who turned their trucks in when fuel prices spiked, took their quiz, because as fuel prices go up so does the fuel surcharge. It is by design to keep your fuel price static around $1.50 a gallon no matter how high the price goes at the pump. I have to admit, putting in $500 bucks worth of fuel every day is a little unnerving and disconcerting lol.