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Schneider Lease-Purchase..

Discussion in 'Schneider' started by FreightlinerGuy, Feb 4, 2016.

Page 1 of 55
  1. Feb 4, 2016 #1
    FreightlinerGuy

    FreightlinerGuy Medium Load Member

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    I'm considering the Schneider lease purchase but have a few preliminary questions regarding it. I know we have a few schneider choice drivers on here so here goes..

    Is the 1-year lease a walkaway lease without any reporting to credit agencies, etc..?

    How does the schneider lease-purchase compare to prime's?
     
    FreightlinerGuy, Feb 4, 2016
    FreightlinerGuy, Feb 4, 2016
    #1
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  3. Feb 4, 2016 #2
    Dogals right foot

    Dogals right foot Road Train Member

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    No it's not a walk away lease.
    You walk you lose your down payment and any money you have in your managed maintenance account.
    They do not report to credit agencies..which is a good or bad depending on your situation.
    I don't know anything about Primes lease..and don't want to.
    As for Choosing your own freight..that's where SNI is better.
    You control where,when and how much you run for.
    Not some dispatcher who doesn't care about your bottom line.
     
    Dogals right foot, Feb 4, 2016
    Dogals right foot, Feb 4, 2016
    #2
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  4. Feb 4, 2016 #3
    FreightlinerGuy

    FreightlinerGuy Medium Load Member

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    Thanks!

    From reading here I gathered that the 1 year Freightliner lease has no down payment so basically one would only lose the maintenance account from what I understand.

    I haven't gathered whether Prime dispatchers dispatch you or they have a load board. They(Prime) do not have a load board. I'm not looking toward Prime as much as I am the quality leasing deal thats out there that works with several companies and the ability to pull outside freight from approved brokers that I believe Landstar is on which could only be a plus IMO.
     
    Last edited: Feb 4, 2016
    FreightlinerGuy, Feb 4, 2016
    FreightlinerGuy, Feb 4, 2016
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  5. Feb 4, 2016 #4
    freightwipper

    freightwipper Road Train Member

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    That 1 year Shaker no down payment is for a used truck. A new one is $1k up front but you get that money back at the end.

    Be warned freight is down everywhere now.
    If you jump in now relying on brokers and spot market odds are really against you.
     
    freightwipper, Feb 4, 2016
    freightwipper, Feb 4, 2016
    #4
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  7. Feb 4, 2016 #5
    drvrtech77

    drvrtech77 Road Train Member

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    A new one is now $2500 down for freightliner..
     
    drvrtech77, Feb 4, 2016
    drvrtech77, Feb 4, 2016
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  8. Feb 4, 2016 #6
    freightwipper

    freightwipper Road Train Member

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    wow, they changed it?!? Do they still return the money at the end of the term?
     
    freightwipper, Feb 4, 2016
    freightwipper, Feb 4, 2016
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  9. Feb 4, 2016 #7
    FreightlinerGuy

    FreightlinerGuy Medium Load Member

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    So a used Freightliner is $0 down, and the new Freightliner used to be $1,000 down(I remember reading I think that the Kenworth was $1,000 down(maybe it was $3,000)) and now the Freightliner is $2,500 down.

    I'm sure anyone would rather go for the new than the used but any idea how old the used ones are? Any kind of factory warranty? I'm sure a discount on payment also, right?

    https://az184419.vo.msecnd.net/schneider-trucks/PDF/research/2015_comparing_new_vs_used_weekly.pdf

    [​IMG]
     
    Last edited: Feb 4, 2016
    FreightlinerGuy, Feb 4, 2016
    FreightlinerGuy, Feb 4, 2016
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  10. Feb 4, 2016 #8
    FreightlinerGuy

    FreightlinerGuy Medium Load Member

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    I don't think I am gonna lease a truck, but still really good information for someone out there. I don't think it'd be a good idea at all. I'd much rather save my pennies and buy one from a bank with a sizable down payment.
     
    FreightlinerGuy, Feb 4, 2016
    FreightlinerGuy, Feb 4, 2016
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  11. Feb 4, 2016 #9
    Cat sdp

    Cat sdp . .

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    On that finance sheet I'd say they are down playing the risk on a new truck.....

    0 days down and 0 lost revenue over 1year is a pipe dream...

    I admit a used truck is worse but on a new truck the risk is not low/minior. It's gonna happen , when is the only question...
     
    Cat sdp, Feb 4, 2016
    Cat sdp, Feb 4, 2016
    #9
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  12. Feb 4, 2016 #10
    Dogals right foot

    Dogals right foot Road Train Member

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    I leased for 18 months..after the lease I bought my own truck.
    New is the way to go..warranty will cover you for most things.
    Plus you will learn what you need to know to make it as a O/O.

    Risk is always there..doesn't matter if you lease,buy or own.
    You can make money either way..but YOU have to want it.
    No one is going to hand it to you..and alot of people go into thinking they can't fail.
    The ones that do blame everyone but themselves.
     
    Dogals right foot, Feb 4, 2016
    Dogals right foot, Feb 4, 2016
    #10
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