I guess I'm a sucker for a CRE thread.:lol:
Quote:
Originally Posted by almondlikethenut
I've got 4+ years experience and a squeeky clean driving record.
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Apparently, you also have a mental disorder. :lol:
Seriously - the CRE lease purchase program is the biggest screwjob around. You end up paying between $2000 - $2500 per month to rent a truck, and their pay package doesn't even come
close to compensating you for that. They will run the hell out of you for a while, then leave you sitting until you are forced to default on the lease purchase. At that point, they'll take the truck and put another sucker into it.
Do not ever - never ever ever - rent a truck from your employer. If you are dead set on getting a truck (why you would even think of doing it in this day and age is beyond me), then buy a truck from a dealer, and lease the truck on to a company (one that pays a lot better than CRE, preferred).
Their "fuel cap guarantee" program is very easy to break, if you idle at all (they insist that you have 25% idle time or less). If you average 10,000 miles a month, your truck payment is going to cost you $0.25 per mile. On top of that, you have all the other things they will hit you for, which will hurt even more.
And for all that, they pay you around $0.90 per mile.
($0.90 per mile - $0.25 per mile fuel - $0.25 per mile payment - $0.14 per mile variable mileage payment - $0.07 per mile maintenance fund = $0.19 per mile for you to bring home)
Run, don't walk away from the CRE program.