Lease purchase running tanker with Schneider

Discussion in 'Schneider' started by jdkart3, Dec 23, 2018.

  1. 18 wheels of fury

    18 wheels of fury Light Load Member

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    we have lease purchase
     
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  3. jdkart3

    jdkart3 Light Load Member

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    Though schneider Ya thats what I'd like to do but I'm looking for somebody else I'm not sold on Schneider quite yet
     
  4. SteerTire

    SteerTire Road Train Member

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    It doesn’t matter who you do an L/P with really. What matters is, what they allow you to do inside that lease agreement.

    Can you take it somewhere else?
    Is it self dispatch?
    Are the rates fixed, or percentage?

    If you’re trapped. It’s a no go.
    If someone else picks your loads. Nope
    If you run at a fixed rate. Big hell no
     
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  5. jdkart3

    jdkart3 Light Load Member

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    That is exactly why i didn't sign with roehl but it was a walk away lease that's about it
     
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  6. SteerTire

    SteerTire Road Train Member

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    Most walk away leases come with a catch. You can truly walk away, if you can afford the cost. Always read the fine print. There may be a recapture cost associated with walking away. If so, you could have a new loan of $2000-10,000 and no truck.
     
  7. jdkart3

    jdkart3 Light Load Member

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    If I remember right they take 2k out of your escrow accounts if theres no damage the driver keeps the money that's what the lease ops at roehl told me at least
     
  8. SteerTire

    SteerTire Road Train Member

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    Not naming names here. But there’s a video on YouTube that digs deeper. One company says the same upfront. Then when reviewing the lease, you discover you’re on the hook for more.

    Do your research.
     
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  9. jdkart3

    jdkart3 Light Load Member

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    UOE="SteerTire, post: 8192149, member: 227336"]Not naming names here. But there’s a video on YouTube that digs deeper. One company says the same upfront. Then when reviewing the lease, you discover you’re on the hook for more.

    Do your research.[/QUOTE]
    yeah you're absolutely right there's no such thing as a perfect lease purchase program somebody once said the companies aren't doing it Out goodness of their heart
     
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  10. SteerTire

    SteerTire Road Train Member

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    No they’re not, and neither should you. It’s still a business. It may have their name on the side of the truck. But it’s YOUR business. Just run it like one. Profit before pride.

    There are too many out here that have successfully done a lease, then transitioned into ownership and their own authority. To belittle someone who is honestly trying to make that transition. That’s just my opinion, others will vary.
     
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  11. jdkart3

    jdkart3 Light Load Member

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    yeah I know a few guys that did the lease purchase program now on their own making great money Its possible
     
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