Leasing SFI Jul 22

No you didn't. As someone that has multiple DEF trucks, yea things break, but it's not the end of the world.

The big ticket item is the OneBox, and that's in the 600K mile neighborhood.

 

Right. Juuuuust after the warranty runs out. Funny how that happens.

 

With a $1200 a week truck payments, high fuel costs and cheap van freight currently in a bad market you'd end up earning less than a company driver.

Why would you want to do this?

 

It's subjective as are so many things. Idling will significantly shorten It's life, and the rest of the engine as well.

If the truck is used primarily for city or local that will shorten it.

I know we lost 3 in about a 6 week period when the hoax was first starting. 500K miles to 650K miles.

The one thing they all had in common is they'd been to Oregon a lot just before that, and I still think either some fuel that was slightly off, or DEF that had a slightly different recipe killed them.

Maybe, maybe not. Either way it's the cost of doing business.

This is only for Cascadias. I don't know what the other manufacturers might be like.

 

I too will be starting with an SFI truck. Reason I went with them is because dealer wanted 50k down for a new truck, which is the same as the 50k balloon payment at the end of the lease. All in all, it comes out to be about the same. You're paying about 230k for the truck, at the dealer or SFI. But with SFI, you don't have that down payment until the end AFTER you start making money. Will be starting at the end of the month to sign the lease.

 

Because not all company pay the same and you may not be able to save up enough to put a hefty down payment even after a year or to two working there. You may not be making as much a lease op in the beginning due to truck payment but you're building equity and eventually the truck will be yours. Not to mention, the flexibility is a huge factor also, you work as hard as you want or not wok as hard, up to you. Unlike company driver, all you get is the earnings and are mandated to show up everytime at certain time and date.

 

With a $1200 weekly truck payment plus fixed costs you'd be a slave to that truck.
You take one week off and you could owe $1500. It would take you 1-2 weeks of working just to make up that $1500.

Good ltl job or walmart you can earn $100,000+ which is double what you'd earn going the other route if not more.
With all that extra money you'd earn in short order you'd be safe to save up to buy a truck when the time is right.

Right now is NOT the right time to buy a truck, prices are massively inflated due in large part to supply chain that was messed up for a while slowing production and messing up other things for a while.

It does not add up currently to pay stupid amounts of money for a truck to run cheap rates and in a bad market.

That flexibility you speak of you won't have.
You would be pressured all the time to work non stop because you have to. You have that $1200 truck payment to pay for and $4.50-$5.5
a gallon fuel while running at what somewhere around $1.50 a mile.
Do the math, the outcome is not good.

 

Not all drivers qualify for those positions and most jobs pay peanuts. While the rest of the post is valid, nothing comes right away. You have to put in the time to reap the benefits so, initially, you're right, it will be tough with low rates, high fuel prices and weekly truck payments but it won't be like this forever so if you can make it during these hard times, the rest will be walk in the park. And all the benefits will come at the end.

 

If someone has 2+ years clean experience you can get a really good company job nearly anywhere.

Why not wait until truck prices come down and the freight market stabilizes?

New trucks won't be $200k+ and 4 year old trucks $100k+ forever. It's extremely abnormal now.

 

Drive a company truck for a while…


I hear there’s quite a wait for trucks at sfi…..