Log in or Sign up
Forums
Forums
Quick Links
Search Forums
Recent Posts
Trucking Jobs
Truck GPS
Reviews
CDL Practice Tests
Schools
Freight Factoring
Trucking Insurance
Menu
Useful Searches
Recent Posts
More...
Find Trucking Jobs
Company Driver
Dry Van
Flatbed
Refrigerated
Specialized
Owner Operator
Regional Truck Driving
Dedicated Trucking
Tanker Driver
Solo Truck Driving
Local Truck Driving
Team Truck Driving
No Experience Truck Driving
Experienced Truck Driving
OTR Trucking
Intermodal Driver
Hazmat Driver
More Trucking Job Searches
⌄
Fewer Trucking Job Searches
⌃
TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
Forums
>
Owner Operators
>
Lease Purchase Trucking Forum
>
Lease story from around 20 years ago
>
Reply to Thread
New Lease Purchase Jobs
$0 Down and other incentives
Click Here to see offers
Dismiss Notice
Reply to Thread
Username:
Message:
<p>[QUOTE="jamespmack, post: 12322747, member: 140251"]I worked for a fleet that the bean counters could not figure out why the Detroit 60's were scattering at 700-800k. I mean 25k plus oil changes and 191% driver turn over in 2004 probably had nothing to do with it. Nor did they listened to the mechanics working in the shop 18 hours a day. We didn't know anything. </p><p><br /></p><p>Another company I started at in 97,98 was the only decent LP that I've seen. </p><p><br /></p><p>They would order a batch of W900's, you could pick engine. But they all would be one color, same wheelbase. You got a new East trailer, you could pick how many axles. The truck was 20k less than individual price. Trailer was under individual price, but I dont recall savings. Service and repairs had to follow company schedule like company trucks till completion. You had no choice, if it needed brakes, tires. It got them. You even could take the truck to another carrier. But you couldn't return to them for 12 months. They would keep you financed. </p><p><br /></p><p>Only 50% of the leases were complete. Those 50% actually did really well and it propelled them to a long career.</p><p><br /></p><p>The other 50% went broke.</p><p><br /></p><p>But most I've seen was a set up, just as you described.[/QUOTE]</p><p><br /></p>
[QUOTE="jamespmack, post: 12322747, member: 140251"]I worked for a fleet that the bean counters could not figure out why the Detroit 60's were scattering at 700-800k. I mean 25k plus oil changes and 191% driver turn over in 2004 probably had nothing to do with it. Nor did they listened to the mechanics working in the shop 18 hours a day. We didn't know anything. Another company I started at in 97,98 was the only decent LP that I've seen. They would order a batch of W900's, you could pick engine. But they all would be one color, same wheelbase. You got a new East trailer, you could pick how many axles. The truck was 20k less than individual price. Trailer was under individual price, but I dont recall savings. Service and repairs had to follow company schedule like company trucks till completion. You had no choice, if it needed brakes, tires. It got them. You even could take the truck to another carrier. But you couldn't return to them for 12 months. They would keep you financed. Only 50% of the leases were complete. Those 50% actually did really well and it propelled them to a long career. The other 50% went broke. But most I've seen was a set up, just as you described.[/QUOTE]
Your username or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
Forums
>
Owner Operators
>
Lease Purchase Trucking Forum
>
Lease story from around 20 years ago
>
Reply to Thread