Cargo van lease question
- Thread starter Alxxx
- Start date
I can't speak for all of them but with mine you could sign at orientation on Wed. which is the last day of orientation and paperwork day and then choose to walk away on Thu. morning. It would be an expensive thing to do considering the satellite install fee and other startup costs but it could be done.
Almost every company is going to install a Qualcomm. There is one that uses Nextel phones with the GPS feature. Other than that expect a QC. You have the installation fee of the QC and perhaps also a deposit on the QC. You have the decals for the truck. You have insurance for your vehicle as well as either workman's comp or occupational accident coverage. There may be others depending on the company but those are some of them.
>What is the normal lease lenth when you sign up with
>company? I mean if anything goes wrong how easy is to walk
>away?
The lease time with my carrier is a self renewing, one-year lease. The terms indicate it is cancellable by either party with a two week notice; however, you or they can effectively cancel immediately for cause. ('cause you don't like them, or 'cause they don't like you). Most important: Don't burn any bridges on your way out.
Like any business relationship, a two week notice is appropriate but if you are driving for an owner it would be more appropriate for you to give as much notice as you can to allow the owner to get another driver.
terry
>company? I mean if anything goes wrong how easy is to walk
>away?
The lease time with my carrier is a self renewing, one-year lease. The terms indicate it is cancellable by either party with a two week notice; however, you or they can effectively cancel immediately for cause. ('cause you don't like them, or 'cause they don't like you). Most important: Don't burn any bridges on your way out.
Like any business relationship, a two week notice is appropriate but if you are driving for an owner it would be more appropriate for you to give as much notice as you can to allow the owner to get another driver.
terry
Tom Robertson
Veteran Expediter
In order to answer you question properly we need to know the following:
1. are you talking about leasing a vehicle?
2. do you own the vehicle...leasing it on with a expediting company?
3. are you driving an "owners" vehicle?
if you are talking about leasing a vehicle from one of the big three... Chrysler, GM or Ford... you will be held to your entire lease agreement>period. It matters not to them if you like the vehicle, if you are making money or going broke.
2. if you already own a cargo van, and you are "leasing" onto an expedited carrier, your expenses would be limited to you agreement with that company. if you simply go through "orientation" and decide that you do not want to drive for them, you should only loose your time and whatever you spent to attend the orientation. if you decide after signing on, they can and will charge you for Qualcomm installation and removal, decals, and anything else they can think of. check out everything before signing anything!
3. if you are driving for an owner and decide not to continue, then your financial responsibility will be determined by the owner. Who paid for the "orientation"? who paid travel expenses? did the van already have the qualcomm installed? were company decals already on the vehicle?
Help is all over this site. There are many really knowledgeable people ready and willing to assist, but it makes out task a little easier if you are more specific with your questions.
Hope this helps,
Tom Robertson
1. are you talking about leasing a vehicle?
2. do you own the vehicle...leasing it on with a expediting company?
3. are you driving an "owners" vehicle?
if you are talking about leasing a vehicle from one of the big three... Chrysler, GM or Ford... you will be held to your entire lease agreement>period. It matters not to them if you like the vehicle, if you are making money or going broke.
2. if you already own a cargo van, and you are "leasing" onto an expedited carrier, your expenses would be limited to you agreement with that company. if you simply go through "orientation" and decide that you do not want to drive for them, you should only loose your time and whatever you spent to attend the orientation. if you decide after signing on, they can and will charge you for Qualcomm installation and removal, decals, and anything else they can think of. check out everything before signing anything!
3. if you are driving for an owner and decide not to continue, then your financial responsibility will be determined by the owner. Who paid for the "orientation"? who paid travel expenses? did the van already have the qualcomm installed? were company decals already on the vehicle?
Help is all over this site. There are many really knowledgeable people ready and willing to assist, but it makes out task a little easier if you are more specific with your questions.
Hope this helps,
Tom Robertson