Cancelled contract o/o

Did you lease it from Swift? If so, check the contract.

 

If you don't mind, what were the violations and how many? If you don't want to say, understand.

 

If you had to ask this question.....you was lost when you signed on the dotted line!

 

Rule if thumb. If you leased the truck from Swift. Its a very high probability your contract states the lease is good as long as you maintain the Swift connection.

If you leased it from let's say Penske truck leasing. Take it wherever you want.

BTW, just from the language used in your post. The truck was leased, not purchased. And you'll be bound by the terms of your lease agreement.

Unless you done a straight up "finance" the truck is not yours.

 

Sorry about your situation. Love the tale of two cities reference.

 

You need to read your contract. You will be bound by the terms of the agreement. If you got the truck from Swift then you probably won't be able to keep the truck if you leave Swift. Everything should be spelled out in the contract that you signed when you got the truck.

 

Okay. Nobody has said it. I will.

WOW! From student to failed O/O in just 12 months.

 

Swift will give you 2 choices, return the truck or buy the truck.

If you return it chances are pretty good they will clean it up nicely, send a couple mechanics through it at $100 bucks an hour, put all brand new tires on it etc and park it at the terminal with a Lease Me sign in the windshield. Meanwhile they charge you for all that plus they continue charging you the weekly payments on the truck until someone else signs the dotted line for that truck.

The other option would be to buy the truck. Add up all your remaining lease payments, add approximately $55,000 residual give or take, add 9.3% sales tax and you have a pretty close number that you'll be paying the unit off for.

 

Had to be some serious log violations. Eg: driving while logged off the qc, excessively driving offduty/driving (abusing it) failure to go into sleeper birth. Etc..
Then again you'd have to pretty much ignore all the qc messages you received and continued said violations.
I hear a lot of l/o stories of failure and always wonder if they even looked at their lease as an actual business or what?