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Saying "No"

Discussion in 'Ask An Owner Operator' started by Roteck, Aug 16, 2017.

Page 10 of 12
  1. Aug 18, 2017 #91
    boredsocial

    boredsocial Road Train Member

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    Apr 13, 2014
    Louisville, KY
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    What you will do it for doesn't matter if I can find 5 other guys who will run it for 400. DUCY?
     
    boredsocial, Aug 18, 2017
    boredsocial, Aug 18, 2017
    #91
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  3. Aug 18, 2017 #92
    QuietStorm

    QuietStorm Heavy Load Member

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    Dec 11, 2016
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    That is why freight is low and will continue to be low.
     
    QuietStorm, Aug 18, 2017
    QuietStorm, Aug 18, 2017
    #92
  4. Aug 18, 2017 #93
    fortycalglock

    fortycalglock Road Train Member

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    Jun 25, 2011
    Tourist Town, FL
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    You're only 22? That explains a lot. You've got a lot to learn, grasshopper. Why are you calling your salesman? READ YOUR SALES CONTRACT! If you can't read it, and understand it, pay a lawyer to read it. If you want to call anyone at the dealer, it would be the finance guy anyway. If he says you have to stay leased to Werner, have him cite where it is in the contract. Let us know what happens. If it's not in the contract, it doesn't exist. October is around the corner, if you're going to apply to Landstar, you want to start now as it takes 1-2 months to get on with them.
     
    fortycalglock, Aug 18, 2017
    fortycalglock, Aug 18, 2017
    #93
  5. Aug 18, 2017 #94
    Roteck

    Roteck Light Load Member

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    Dec 18, 2016
    Abilene, TX
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    Just read through my operating agreement and the papers related to the sale of the truck. I didn't find anything saying I was stuck to Werner. In the operating agreement it says it can be terminated but I have to give 30 days notice and the agreement will stay in full effect until the 30 days has come. Now as far as how the payments on the truck will work after I terminate the agreement, we'll I'll have to talk to the salesman, who's also in charge of my financing and see how that will go about.
     
    Roteck, Aug 18, 2017
    Roteck, Aug 18, 2017
    #94
  7. Aug 18, 2017 #95
    JL of Indiana

    JL of Indiana Light Load Member

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    Jul 14, 2017
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    Hopefully you can get on with other companies. I've had one guy in particular not be able to sign on because Quality Company (Celadon) won't allow it.
     
    JL of Indiana, Aug 18, 2017
    JL of Indiana, Aug 18, 2017
    #95
  8. Aug 18, 2017 #96
    Roteck

    Roteck Light Load Member

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    Dec 18, 2016
    Abilene, TX
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    I was able to find out some more info. I can take the truck wherever I want but I'd have to pay off the loan on the truck through Werner. So I would have to get another loan against the truck to pay Werner for it. Of course that's basically the same as buying a truck anywhere else. So my best option would be to turn in the truck, quit Werner, and find a new truck to take to landstar. This loan on this truck right now is $74500 with 9.99% APR. It's a 2015 t680 in great shape with 250k on it. Worth it to pay it off via another financing option and take it to landstar or turn it in and restart?
     
    Roteck, Aug 18, 2017
    Roteck, Aug 18, 2017
    #96
    QuietStorm Thanks this.
  9. Aug 18, 2017 #97
    QuietStorm

    QuietStorm Heavy Load Member

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    Dec 11, 2016
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    Did you choose the specs on your truck? If not turn it in.
     
    QuietStorm, Aug 18, 2017
    QuietStorm, Aug 18, 2017
    #97
  10. Aug 18, 2017 #98
    JL of Indiana

    JL of Indiana Light Load Member

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    Jul 14, 2017
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    Not a bad price on the truck IMO. The interest rate is horrendous though. Do you have any factory warranty on the truck or engine? Cummins does sell a warranty for around $4500 for 2 years 200,000 miles but it does not cover emissions problems.
     
    JL of Indiana, Aug 18, 2017
    JL of Indiana, Aug 18, 2017
    #98
    Tb0n3 Thanks this.
  11. Aug 18, 2017 #99
    Roteck

    Roteck Light Load Member

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    Dec 18, 2016
    Abilene, TX
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    Yeah it has factory warranty up to 500k miles or 5 years from manufacturer date. The interest rate is horrible which is why I'm taking 7 cpm a week out of my settlement to pay it off faster. But the interest rate will mean nothing if I take a loan out from somewhere else to pay the truck off to free it up. Then I'll have a new rate with the new loan.
     
    Roteck, Aug 18, 2017
    Roteck, Aug 18, 2017
    #99
  12. Aug 18, 2017 #100
    boredsocial

    boredsocial Road Train Member

    1,591
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    Apr 13, 2014
    Louisville, KY
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    You're definitely going to do MUCH better at Landstar for the record. If you can get sprung that is. But don't stress too much if you have to turn in the truck. Your situation almost has to get better. We'll get @Chinatown in here and call it a thread.
     
    boredsocial, Aug 18, 2017
    boredsocial, Aug 18, 2017
    #100
    Roteck Thanks this.
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