Jordan carriers and lease purchase program

Discussion in 'Lease Purchase Trucking Forum' started by Dustincc23, Oct 20, 2023.

  1. Manoffew

    Manoffew Bobtail Member

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    That's every boomer in this industry. Never done it but they always come up with a I know a guy story to validate themselves.

    I leased at Roehl for over 2 years to start my CDL career. Got me out of poverty and got me a house. Left to work local after settling down with a lady and we have a child on the way. But I guess because I never got to own the truck I leased, I failed according to their logic.

    Leasing is whatever you want to make of it. I leased solely for the opportunity to start a business and age a LLC and build business credit to buy a truck I wanted. But life changes and the thought of being 60 still driving over the road with children you never watched grow up and a wife with dementia that doesn't even know who you are when you come home sounds like I should just eat a bullet now if I continued. But these old guys love it. I don't understand why these old coffins think leasing is just about owning a truck, when it's literally a lease and not financing. I'd assume they'd have brain cells to understand the difference but I don't count on them accomplishing that anytime soon.
     
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  3. roadtech

    roadtech Medium Load Member

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    You seem to have a chip on your shoulder about the older drivers , especially baby boomers. I think it’s jealousy on your part , I’m at the end of the baby boomers , I’m 59 and will outwork most 25 year olds. My parents are at the beginning of the baby boom and my father Drove truck for over 35 years . I have nothing but respect for previous generations who fought for this country , and built it into the greatest country to ever exist , contrary to what many millennials think. You brag about a lease purchase with Roehl , one of the biggest bottom feeders in the lease purchase scam and most are scams to greatly benefit the company and lure in Wannabe owner operators with empty pockets and no credit to buy a truck , to run around telling everyone they are an owner operator.
    That being said , I did complete a lease purchase back in the 90’s with a grocery company in NJ who cleaned house and fired all their crooked , lazy owner operators who were stealing freight , paying off dispatchers and generally trying to run the company thinking they couldn’t get rid of them . We’ll they did , and it was a great paying gig. I just happened to fall into it by accident and paid off the truck and made great money. It was very tough work that would crush most millennials today . Hand unloading 50k lb loads double parked in NYC and the 5 boros . No GPS, no automatic trucks , no drop and hook . The 3 things that enable mega fleets to put ###es in seats today and still have massive turnover. It enabled me to buy restaurants , commercial real estate and a farm . I owe it all to the previous generations who taught me respect , grit , work ethic and above all else gratefulness .
     
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  4. thelinedriver

    thelinedriver Light Load Member

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    That's a bit of a harsh thing to say, I've read several stories on here from people who have succeeded in lease purchase.
     
  5. thelinedriver

    thelinedriver Light Load Member

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    I speak to truckers that have this I'm better than you attitude, and one thing they can't admit is that the world is not like it was back when you were all on speed and cocaine, and by the way (the main reason we are all so over regulated now days), but you seem to have an attitude that isn't adjusting to the way things are now days, for example, back in the 80s and maybe 90s did you pay over 1k a month for rent? Or was your grocery bill over 500 a month? The answer is no.
    Just like everything else everything is going up, and truck cost are as well, back in the day you just needed a little money to get saved up, now days I would have to save 30 to 40k if I want a brand new truck, I drove the manual trucks before and I did that for 4 yrs when I first started and at first I thought automatics are crazy it didn't make sense, but now I've been driving them since 2017 amd I really like it, it is so much easier, and I'm getting the same loads and same kind of money.
    Their not paying more for people who can shift a gear, ok? So your just not smart hanging on to that old mentality, drivers are safer now, with some exceptions out there! I know I knows, but over all safety has improved and The only reason numbers go up is because there's simply more people on the road now. Way more .
    People that are over 50 + should really just switch over to the automatic trucks you won't regret it, there are some set backs of course like paying for Def, unless you put a glider kit on, but the other set backs are so minimal they aren't worth mentioning, you ever pull into a truck stop amd park next to an older truck? And the fumes are so bad you got to find a different spot? I have. Breathing diesel is not good, and for the most part as a trucker I realize I still breath some in,but not like some of those older trucks, I really didn't like being in the older ones.
    Just try to get over your huge ego and come back down to earth for a while, and one more thing, if that ego of yours thinks your tougher than some of us " new " drivers, I'd love to put that to the test one day. By new I mean I've been driving for 16 yrs and you old farts still have this attitude that just doesn't set well with most people, you think your better than every one else, your not, your just more privileged in some areas than others, the quicker you figure that out the better off we will all be.
     
  6. roundhouse

    roundhouse Road Train Member

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    I did fine with a lease purchase but the stars all have to line up for a LP to succeed
    Plus I was making $900 a month at the job I quit and was making $5,000 a month with my LP rig ,
    But I was with a company that ran regional and had their own trailers and their own direct freight and didn’t have company drivers . It was 100% O/O drivers , and expensive outside drayage if they had more than the o/os could haul.

    If something broke down I was never more than 200 miles from my home and my mechanic , but I’m a pretty good mechanic and I was able to fix all the small stuff to keep rolling


    if something goes wrong a couple of times , you’re bankrupt .

    my LP rig had no maint issues

    I wrecked it with two payments left .
    Should have kept it for spare parts .

    I bought a replacement used rig and about a year later the engine blew . Really blew . The guys from the fire department helped drag the crankshaft out of the road .
    That cost $12 k for an engine and $10 or $12 k in a months downtime .

    of that had happened when I first started out I simply wouldn’t have had the money to continue .
     
    thelinedriver Thanks this.
  7. roadtech

    roadtech Medium Load Member

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    Lol ! You are correct . I’ve been very privileged to be able to work my balls off since I’m 13 in the greatest country to ever exist on this planet. Lose the victim mentality and jealousy and you’ll go a lot further in life.
    .
     
    Last edited: Nov 16, 2023
  8. stwik

    stwik Road Train Member

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    USA USA USA!!!
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    why not lease from TMC since you live in the Midwest and have worked there and arguably understand their system.
     
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