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Are you a contractor or thinking about becoming one in the trucking industry? We invite you to join our exclusive community at WWW.RWEDRIVE.COM ! Here, you'll discover tips, tricks, and invaluable information to help make your business as profitable as possible. Whether you're just starting your journey into trucking business ownership or looking to optimize your existing operations, our community is here to support you every step of the way. 🚚 Join us in a candid conversation with Addison Johnson, Owner Operator Business Advisor at Swift Transportation in West Valley City, Utah, as we delve into the intricacies of truck leasing options. We discuss the differences between MRP (Maintenance Repair Package) and new truck leases. Everything you need to know to make an informed decision.
🔍 Key Discussion Points:
The debate between MRP and new truck leases
Factors influencing the decision-making process
Addison's perspective on the impact of freight volumes
Exploring three types of lease programs at Swift
The MRP program and its compulsory maintenance account
Insights into major repairs and cost coverage
Benefits of the Fleet Exchange (FX) program for company-to-owner transfers
Addison's take on how freight volumes affect lease choices
Types of Lease Programs at Swift
MRP Program Explained
Major Repairs and Cost Coverage
Benefits of the Fleet Exchange (FX) Program
Personal Experience with Leasing
Factors Influencing Lease Choices
Considerations for Business Owners
Balloon Payments and Weekly Payments
Swift's Support System
Making Informed Decisions
⏰ Timestamps:
00:00 Introduction and Initial Discussion
00:09 Debate on MRP vs New Truck Leases
01:04 Exploring Different Lease Programs at Swift
01:23 Advantages of Company to Owner Transfer
02:03 Understanding the MRP Program
03:03 Benefits of MRP in Major Repairs
03:58 New Truck Leasing Experience
04:42 Discussion on Maintenance and Warranty
05:25 Swift's Rental Services
09:38 Understanding the Business Aspect of Leasing
17:13 The Importance of Maintenance in MRP
20:43 Final Thoughts on MRP and New Truck Leases
🔗 Connect with Addison Johnson:
801-924-7094
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