cre my 2 cents

Another happy driver that got screwed by england...a fool and his money will soon part

 

I visited Manilla years ago while in the us navy. I thought the country was real pretty. In fact, the philippines is where I got my first "piece" and the clap. I leased at cr england myself couple years ago.

 

If you ask any driver with anykind of knowledge about this industry im sure they will tell you there are very few(if any) companies that offer lease purchase deals that are concerned about a driver making a living and owning his own truck.

 

I just completed a six month lease with england, the lease is what you make of it. Are drivers getting screwed...yes...are drivers making a killing doing it with england ..yes!!!

I didn't get rich, i didn't starve to death, but i had no overhead at home either!!!

I get tired of hearing people gripe about the 14 cent variable mileage, at least England tells you it's there!! Other conmpanies hide it in the weekly truck payment or balloon at he end, others just call it trailer rent, either way you are paying with anybody not just england, it's just a matter of knowing or not, and england at least doesn't did not camoflauge it!!

I made money, completed the lease successfully and now i went company driver. Why? I intended to go company when i signed on to england originally, i leased for 6 months to see if it was the bugaboo every cried about....

Like any business you have good times and bad, and the bad seem really bad when they occur but you stick it out and recover from them..thats business!!

When i had bad times it was because: 1. Did not have the best fleet assignment. 2. Had mediocre at best load planners and DM. 3. Trainee wrecked my truck!!

Yet i still finished the lease in the black!! If you follow the business training England gives you and don't try to do it "your way" you can be successful, and like the man who started the post said, most of the people whining are people who don't know anything about trucking, business, or even initiative or ambition. Would whine if somebody gave a winning lottery ticket for free worth millions because it didn't have enough zeroes.

Most people who fail at leasing, have no ambition, they don't even want to drive the "break even" miles, communicate to keep moving, can't manage time etc. then cry "England screwed me through my trousers!!" on forums like this one.

Like i said been there done that to prove it can be done successfully, then went company like i originally intended a week ago.

Most people crying about the lease are people who don't understand plain english.....OPPORTUNITY and GUARANTEE are two diffrent words with different meanings all england promises you in your lease is an OPPORTUNITY noty a GUARANTEE you'll make money.

I'm with the guy above England gave me an chance at something, anyone who thinks the grass is always greener at the "Other company", go for it but i bet you never find hapiness, as all companies will have aspects you won't like, because the problem isn't the company you drive for, it's the attitude you have towards trucking in general if your honest with yourself, trucking is what it is, long hours, time away from family friends and home, haslles with the dispatchers, company, shippers and recievers. It will be the same with England or any other company out here.

 

Now I'm sure completing a 6mo lease at CRE is something to be proud of. But after reading a couple of posts on CRE lease completions, you would think you guys just completed 6mo's of combat and where the sole survivors of your platoon.

Sorry, but renting a truck for 6mo's gets you a achievement medal, Not the MOH.

 

C'mon you don't think working for a irregular route OTR carrier like CRE that lets anyone who can tie their shoe lease a truck breeds bad attitudes toward trucking in general?

Yea but at many other carriers there are far less hassles with shprs, recvrs and dprs because they don't make up the losses in the office, off the backs of their drivers who are happy to have a job.

In the year 2001 I was making $.35 a mile to drive a OTR truck and get screwed by suits behind desks. 10 years later the average OTR company is paying the same to get screwed by suits behind desks with far more rules and restrictions. So yes, the problem IS the OTR carrier in many cases. You get what you pay for.

 

No ...the variable milage is unique to CRE. Lets' start with the weekly truck payment. Anyones lease lays out the truck payment. You know what it's going to be every week ... there is no variable to it. To put it bluntly on a 2500 mile week the VM is $350 out of your pocket.

As for ballon payment. Understand what a balloon payment it is. It's the residual value that the lessee sets as the pay off on the truck if you chose to purchase it. The key here is choose. Also the balloon payment should be in the lease aggreement so that you can make an informed decision as to if that value is reasonable going in .... CRE on the other hand does not provide the pay off amount up front in the contract. They hide it from you until you finish the lease.

Now let's talk about camoflage ... try CREs fuel cap. It's CREs way of skimming the fuel surcharge for themselves. CRE emaphasizes you will never pay more then $1.25 for fuel ... what they really mean is you will never pay less than $1.25 for fuel.

 

it may be, it may not, I have no idea how other companies work since England is the only company i've worked for but they assured us in L/O orientation that the variable mileage was their charge to you the driver for your use of their dms, load planners, bookers, after-hours personnel and road service personel.

You're right, but you are missing the point. The variable mileage has nothing to do with the payment of the truck.

If you stay with them for a long period of time like we have, you can use your points that you accumulate in the rewards program to lower that payment to variable mileage. We are currently paying 11cpm.

Again, maybe they are, maybe they ain't. But what do I care, we're only paying a buck 25 a gallon for fuel! We could be whining about having to hang the keys up for a while since fuel is just under 4 dollars a gallon and in some places, its over 4 bucks a gallon. And, these people I've heard most of the whining from are O/O's who are makin over a buck 50 a mile. We're only makin 90 a mile.

Exactly.

Apparently, you don't fully understand the way the cap works. The cap was designed to assure you pay a reasonable amount per gallon of fuel if your driving habits, type of truck you're driving, how many miles a week you are running compared to the amount of fuel you are buying, how much idling you do and how much you follow your own routing among a few other things are preventing you from getting a high PMPG which is what you need if you want to really be successful on the rebate.

As long as you can atleast maintain 5.8, a buck 25 is pretty reasonable.

Besides, if you can't even average between 5.9 and 6 PMPG, the cap will be better to you because it will not charge you more per gallon if your PMPG stays around or below 6.2 or so like the rebate will if you can't maintain atleast a 6.3 or so or above.