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Leasing from SFI JUL 22

Discussion in 'Experienced Truckers' Advice' started by Roadpilot2021, Aug 1, 2022.

Page 1 of 3
  1. Aug 1, 2022 #1
    Roadpilot2021

    Roadpilot2021 Bobtail Member

    23
    16
    May 21, 2021
    0
    Hi Road pilots
    I’m looking into leasing a truck from SFI , they asks for 15k down and 1200$ x 156 weeks for brand new 2022 cascadia with APU including maintenance , I want to know opinions from experience truckers or someone shares his experience about SFI.
    The truth what some of you may hate it , I’m new immigrant to us with good credit score but light history, lenders make it impossible to lend me a commercial loan .
    SFI allow to run under outside authorities , the main point is to left myself up from company driver slavery and have a slight change to run my own small show for the ups and downs.
    Any advice or experience sharing is so appreciated
     
    Roadpilot2021, Aug 1, 2022
    Roadpilot2021, Aug 1, 2022
    #1
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  3. Aug 1, 2022 #2
    Heaveninamoment

    Heaveninamoment Light Load Member

    203
    241
    Oct 16, 2018
    Milky Way
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    Can you run under your own authority?
     
    Heaveninamoment, Aug 1, 2022
    Heaveninamoment, Aug 1, 2022
    #2
  4. Aug 2, 2022 #3
    baha

    baha Road Train Member

    4,137
    2,835
    Jul 25, 2013
    ga
    0
    202,000 plus insurance = alot of money?? Try driving for SFI for a year and see how you like the way they treat you before you start! a lease purchase deal! and leave 15000 grand behind if you leave?
     
    baha, Aug 2, 2022
    baha, Aug 2, 2022
    #3
    Lonesome and dwells40 Thank this.
  5. Aug 2, 2022 #4
    Heaveninamoment

    Heaveninamoment Light Load Member

    203
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    Oct 16, 2018
    Milky Way
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    That’s a fair deal, that’s the price of new equipment and they aren’t even charging him interest. He is getting an amazing deal. He is lucky.
     
    Heaveninamoment, Aug 2, 2022
    Heaveninamoment, Aug 2, 2022
    #4
    cdavis188 Thanks this.
  7. Aug 2, 2022 #5
    Ridgeline

    Ridgeline Road Train Member

    22,103
    113,210
    Dec 18, 2011
    Michigan
    0
    so you go from one form of slavery to another?

    don’t get into a lease purchase unless you have a back up plan and a way out. Read the contract very carefully - get a l lawyer to answer your concerns and questions - ask to talk to others who are doing the same thing to see how successful they have been and get everything in writing.
     
    Ridgeline, Aug 2, 2022
    Ridgeline, Aug 2, 2022
    #5
  8. Aug 2, 2022 #6
    Brettj3876

    Brettj3876 Road Train Member

    11,257
    54,056
    Nov 18, 2014
    Land of local
    0
    Think we have 2 very different meanings of the word lucky
     
    Brettj3876, Aug 2, 2022
    Brettj3876, Aug 2, 2022
    #6
    Geekonthestreet Thanks this.
  9. Aug 2, 2022 #7
    Dennixx

    Dennixx Road Train Member

    4,426
    13,941
    Feb 13, 2010
    twin cities
    0
    I'm sure the op is feeling fortunate to find a company that will lease-purchase a truck to him.

    Not many around offering a can't refuse deal like this...wink wink.
     
    Dennixx, Aug 2, 2022
    Dennixx, Aug 2, 2022
    #7
    Geekonthestreet Thanks this.
  10. Aug 2, 2022 #8
    Heaveninamoment

    Heaveninamoment Light Load Member

    203
    241
    Oct 16, 2018
    Milky Way
    0
    That’s true they’re not many if any at all.
     
    Heaveninamoment, Aug 2, 2022
    Heaveninamoment, Aug 2, 2022
    #8
    Dennixx Thanks this.
  11. Aug 10, 2022 #9
    Geekonthestreet

    Geekonthestreet Medium Load Member

    344
    587
    Jun 27, 2021
    Chicago
    0
    Immigrant? Schneider? Lease-Purchase? Oh boy.
     
    Geekonthestreet, Aug 10, 2022
    Geekonthestreet, Aug 10, 2022
    #9
  12. Aug 13, 2022 #10
    Bill51

    Bill51 Road Train Member

    1,180
    2,973
    Jul 27, 2015
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    So you can run anyone's freight??
     
    Bill51, Aug 13, 2022
    Bill51, Aug 13, 2022
    #10
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