the way they r in the big cities are reduciouls its the simple fact if they keep the small town values on treating people along with good buisness values cr england would be a good company to work for
CR England - The real story
Discussion in 'Discuss Your Favorite Trucking Company Here' started by BeanTownTrucker, Oct 8, 2008.
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hey ronin they move there frieght cheap and they have a high turn over rate of drivers.
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Because I haven't had enough miles, I haven't been able to make the full 400 points for the awards program each month, coming 80 points short each time because my mileage average wasn't 4100 or more. I just hit my first level and bought down my variable mileage by a cent.
All of the other awards/prizes, most anyway, have to do with ordering a truck, cash discounts on buying a truck, etc...if they think I'm re-upping on a lease with them, they're smoking crack. -
england gets alot of frieght cause they say they can move it cheap
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dont blame ya for not re upping on your lease really not worth it if your not getting enough miles
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I never understood that theory. You buy a truck that has a life expectancy of over a million miles (up to 15 mill I have heard, but cant prove). The companies want you to dump the truck after 3 years and supposedly upgrade to the truck each and every 3 years beyond that. With rewards going to drivers that want to keep going into debt?
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simple.... in 3 years the truck is pretty much paid for as cre actually buys the trucks. they get you to more or less pay for it then they re sell for 30-40k and make even more profit (since they don't actually pay for the truck, the lease op does) so they make money hand over fist. Really ingenious when you stop and think about it. they make a #### load of money while you the driver foots the bill -
Life expectancy is great, but you have to consider the costs of keeping a truck through the 5-15 year marks. First, there's a clutch and axle seals, then, at 500k-700k, an in-frame engine rebuild, then other systems start failing, like AC, electrical, etc. Rust is also a huge factor, depending on where you operate.
Having a truck that's less than 3 yrs old makes sense for a lot of reasons, especially if you're in a commercial lease like through GE Capital, where you control your residual. (<< Former car biz F&I guy, wrote leases) -
in return of the whole what do you relly get out of getting a new truck every 2 to 4 years? what the big deal really a new truck or more problems or is it just that its new or is it that its shinney? the more i think about it is if you get a lease for 3 years and a person options to buy the truck they are commited to drive that truck for what ever so in all actual reality there will be problems with a truck where its new or its afew years old just the price will be a big waiver
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You'd have to check out the numbers to see if it makes sense for you. If you have an older truck that you're making a smaller payment on, but you have monthly repair costs, see if those repairs and the current payment would equal a payment on a new truck. Keep in mind, we're talking lease payment and routine maintenance, and that's it.
You can't make assumptions on something like this without knowing some actual figures...talking in approximates is a waste of time, since you wouldn't have any way to compare real world numbers.
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