Lease program

Discussion in 'Questions From New Drivers' started by Knightrider78, Jul 3, 2013.

  1. Knightrider78

    Knightrider78 Bobtail Member

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    Nov 20, 2012
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    Finally a year is down thinking about a company lease and becoming op any suggestions thanks in adv
     
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  3. Chinatown

    Chinatown Road Train Member

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    Aug 28, 2011
    Henderson, NV & Orient
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    I have some friends that were very successful with Greatwide.
    Greatwide also bought Cardinal Logistics, so it's a big company.
    Check Greatwide website.
     
  4. Numb

    Numb Crusty Curmudgeon

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    Jan 30, 2012
    Charlotte, N.Carolina
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    few make it as a company lease/op.

    lots of threads in here on how they starve ya.

    buy one and then lease out, perhaps.
     
  5. Knightrider78

    Knightrider78 Bobtail Member

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    Nov 20, 2012
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    Is Schneider lease program any good
     
  6. Casual Trucker

    Casual Trucker Medium Load Member

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    NNNNNNNNNNNNNNNooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo

    If I didn't HATE Grocery Whorehouses I would say Go to KLLM they are Cheap but not any worse than the pile of crap in this market
    http://www.kllm.com/
     
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  7. txdirtroad

    txdirtroad Light Load Member

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    Feb 20, 2013
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    I would advise against anything that is mileage base when doing a lease.. but you have to start somewhere.. I'm about to go back on the choice board at Schneider.. It's percentage based and you pick your loads not a dispatcher.. I was on it for right at a year and my ex wife got sick(we have two little ones) so I came off the road now all is good with the ex after a year and half in and out of hosp and medical treatments been good for right at 6 months so I'm going back out the 15th of this month and I"m going back to SNI.. I like where you are the one that dictates what and where you go now you have to chase the freight at times and it depends on where you live no matter which way it goes.. If you have the credit or cash stashed back then I'd advise to buy a truck or finance one out right then lease on to either SNI or Landstar but with Landstar you better be a great haggler or sales guy background b/c you have to jockey for the loads and the money but at SNI it's all in front of you.. I know not all companies are fair so to speak but I feel after being out here a few years and exp both owning the truck out right and leasing it SNI is the better deal :) hope that helps
     
  8. mattbnr

    mattbnr Road Train Member

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    Aug 19, 2010
    Tama,Iowa
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    Knight rider didn't you already do a lease with Schneider? Or is there another knight rider on these forums?
     
  9. Knightrider78

    Knightrider78 Bobtail Member

    17
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    Nov 20, 2012
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    Has to be another I wish he could give me the scoop
     
  10. mattbnr

    mattbnr Road Train Member

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    Aug 19, 2010
    Tama,Iowa
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    He failed at the lease through Schneider. I have read every thread in this forum regarding different lease programs and the conclusion I have come up with is its not the program that fails, it's the driver. They get into the lease with the attitude of "I'm a owner now I'm gonna make thousands of dollars on every load" and they get in that truck that isn't governed and hotrod it around. If your business savvy and have a good rad on your shoulders and treat the truck like a business and not just a shiny new toy to show off at truck stops you should do fine.
     
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  11. Chase05

    Chase05 Medium Load Member

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    Jun 16, 2013
    Central NY
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    I've been reading these forums a lot since I joined. Very, very rarely do I hear anyone say they were glad they joined a company lease program, and I've never heard anyone talk about making a real significant amount of money of it (what I'VE heard). Do you understand all the expenses truck ownership comes with? Lease plans ALWAYS benefit the company, rarely the driver. You just finished a year of driving, are you sure you're ready to lease?

    No offense, but I'm just kinda getting the sense you're gonna do a L/P no matter what people here tell you. Just make sure you understand the contract, what you need to pay for, and how the company can screw you over. And yeah, they may try to screw you over after a while. Not only do they make more money off their own company drivers (you make truck payments the same no matter how many miles you run a week), but many of these leases benefit the company if you don't finish the payments, and they can definitely do that, lol.
     
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