Thoughts on TEL Truck Enterprise Leasing?

Discussion in 'Lease Purchase Trucking Forum' started by LeBubba, Apr 26, 2018.

  1. Last Time Around

    Last Time Around Medium Load Member

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    Jun 9, 2018
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    Not sure what you mean in regards to being an owner op or lease driver.....
     
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  3. markealy

    markealy Road Train Member

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    Any updated info i see cfi is doing a lease on new trucks
     
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  5. highwayMike

    highwayMike Light Load Member

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    Jan 17, 2019
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    Or better yet be patient and save money until you can put money down on a truck and have $15-$20k saved in a maintenance account.... I don’t see how people can take 3 steps forward and then 2.5 steps back.
     
  6. Triplt-T

    Triplt-T Bobtail Member

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    Apr 27, 2019
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    I fell for this program my advice don't do it you are limited on mileage and JB could care less if you run enough to make a living or not TEL only cares about getting their money
     
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  7. LeBubba

    LeBubba Bobtail Member

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    Didn't do the JB/TEL lease. JB staff is just as disrespectful as they were when I was there previously. TEL approved me, but left an ugly "credit inquiry" stain on my credit report. I think the overall offer as it was then was a fair one. TEL at that time allowed you to take the truck to another approved carrier if JB didn't work out or turn the truck in (with costs)
    thereby incentiveizing JB to maintain
    a decent relationship with the leasee. Since that time they've added a load board. Of all the mega carriers, this seems to be one of the better programs. Still I think it's better to save money, build your credit and buy, not lease, a cheaper old pre def truck and sign on to an all owner operator company near where you reside.
     
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  8. UturnGirl

    UturnGirl Road Train Member

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    As regarding the load board, it seemed like a great idea but JB doesn't give JB contractors first dibs and limits how many loads their contractors can stack so the result is outside O/O snag up the best before JB contractors can get to them. After the contractors then choose, what's left nobody wants so they foist those on their company drivers.
     
  9. jbuen

    jbuen Bobtail Member

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    Jun 19, 2019
    New York, NY
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    Hi LeBubba,

    It seems like you are really familiar with TEL. I think i've seen some people refer to them at Trucking enterprise leasing, but I thought the name was Transportation Enterprise Leasing.
    Anyway, I would be really happy to chat with you regarding your feedback on the company if you're a trucker.

    I'm a researcher looking into the trucking industry, so i'm looking to speak with truckers that are currently leasing with TEL (Transportation Enterprise leasing) or 19th Capital / Quality.

    Let me know if you know anyone that can help.

    Kind Regards,
    John
     
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