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Schneider, new lease Pros ans Cons

Discussion in 'Ask An Owner Operator' started by The Snowman, Nov 13, 2012.

Page 1 of 2
  1. Nov 13, 2012 #1
    The Snowman

    The Snowman <b> Master of Confusion</b>

    57
    10
    Nov 12, 2012
    Sacramento, Ca.
    0
    Thinking of taking the plunge and signing up for the lease program at Schneider, should I ???

    what are the costs and hidden cost?

    what can i expect to make a week?

    so on

    would appreciate any feedback.
     
    The Snowman, Nov 13, 2012
    The Snowman, Nov 13, 2012
    #1
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  3. Nov 13, 2012 #2
    Brownsfan16

    Brownsfan16 Medium Load Member

    340
    40
    Sep 7, 2011
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    Don't do it especially from a mega carrier. I don't think I have actually read anybody saying they would recommend doing a lease purchase through a big carrier. Everything I have read is either be a company driver or go the O/O route.
     
    Brownsfan16, Nov 13, 2012
    Brownsfan16, Nov 13, 2012
    #2
  4. Nov 13, 2012 #3
    The Snowman

    The Snowman <b> Master of Confusion</b>

    57
    10
    Nov 12, 2012
    Sacramento, Ca.
    0
    as a company driver at Schneider I talked to a few solo Lease drivers that where very happy but never had time to get all the details of the risks they face, except one told me its all in the warranties that cover your cost if things break. and then after the truck is paid for its all gravy...
    I don't know round numbers i.e. costs for a Schneider lease.

    I was a recovery driver at CR England and I talked a lot of drivers out of leasing there, but they are set-up to fail there by design (and by England Greed).
     
    The Snowman, Nov 13, 2012
    The Snowman, Nov 13, 2012
    #3
  5. Nov 13, 2012 #4
    48Packard

    48Packard Ol' Two-stop Shag!

    8,348
    9,871
    Apr 19, 2009
    Could be anywhere
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    I'm an ex-SNI company driver, and I thought about leasing at one time. I will say that based solely on conversations with SNI lease ops, they're better off than most other lease/ops at other companies. But I'd still prefer to own my own and lease it to them if I had a choice between the two.
     
    48Packard, Nov 13, 2012
    48Packard, Nov 13, 2012
    #4
  7. Nov 13, 2012 #5
    The Snowman

    The Snowman <b> Master of Confusion</b>

    57
    10
    Nov 12, 2012
    Sacramento, Ca.
    0
    true Packard, I just don't have the money or cedit to get around the lease options
     
    The Snowman, Nov 13, 2012
    The Snowman, Nov 13, 2012
    #5
  8. Nov 13, 2012 #6
    48Packard

    48Packard Ol' Two-stop Shag!

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    9,871
    Apr 19, 2009
    Could be anywhere
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    Nor did I, at least the money. Credit is fine...but still too many kids in college!
     
    48Packard, Nov 13, 2012
    48Packard, Nov 13, 2012
    #6
    The Snowman Thanks this.
  9. Nov 13, 2012 #7
    The Snowman

    The Snowman <b> Master of Confusion</b>

    57
    10
    Nov 12, 2012
    Sacramento, Ca.
    0
    mine all grown and out of the house, makes it easier. :)
     
    The Snowman, Nov 13, 2012
    The Snowman, Nov 13, 2012
    #7
  10. Nov 13, 2012 #8
    The Snowman

    The Snowman <b> Master of Confusion</b>

    57
    10
    Nov 12, 2012
    Sacramento, Ca.
    0
    Any ruff numbers on insurance cost etc. per month?
     
    The Snowman, Nov 13, 2012
    The Snowman, Nov 13, 2012
    #8
  11. Nov 13, 2012 #9
    Oscar the KW

    Oscar the KW Going Tarpless

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    May 19, 2011
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    You could stay a company driver until you do. Patience is a virtue.
     
    Oscar the KW, Nov 13, 2012
    Oscar the KW, Nov 13, 2012
    #9
    cuzzin it Thanks this.
  12. Nov 13, 2012 #10
    BigBadBill

    BigBadBill Bullishly Optimistic

    4,599
    4,439
    Oct 2, 2010
    Chattanooga, TN
    0
    SNI's lease has same completion rate as Prime, England, Swift, etc. And didn't think credit was an issue if you go to Lone Mtn. Just need to have the down payment. And if you can't save up the down as a company driver then it is likely that your personal expenses are too high to be taking the risk with a lease or being an O/O.
     
    BigBadBill, Nov 13, 2012
    BigBadBill, Nov 13, 2012
    #10
    The Snowman Thanks this.
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