- Report: #1037181
Complaint Review: Cowan Systems - Baltimore Maryland
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Cowan Systems
4555 Hollinsferry rd Baltimore, Maryland, United States of America
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Cowan Systems Bogus lease purchase Baltimore, Maryland
Cowan Systems lease purchase program is a joke first of they dont own the trucks they belong to paclease which is peterbilt and kenworth leasing company. They just play middle man put you and a truck you haul a lot of there customer freight for .90 cent a mile and fs. They have a break down and a big rig magazine were you can make up to 1400 - 1500 this will never happen because you are always hauling 40000 - 46000 so majority of your money will go to fuel and expenses. But far as the truck go lets say you reach your 4yr term with this 130000.00 truck they offer you additional financing for 2yrs because the 4 yrs dont cover all the cost. Well doing the math you can buy your own truck and 3yrs top going through on lot financing. They also tell you no force dispatch but when u call a driver with one load and not variety all the time what you call that then when you refuse they always say they dont have anything else. The Vp of the program is a paper truck driver drove a truck for one year and couldnt handle it but will tell you what and how you should run the truck and if you dont run 600 miles everyday will cancel your contract because your not productive a enough if you cant do what you expecting out of a driver dont expect the driver to do the same. Here is the break down:
2800 miles * 1.38 =3864.00 Gross
Fuel = 2000.00 roughly
tractor expenses 1000.00 roughly paclease have an 8 cent mileage for maintenance
net 864.00
Looks good dont forget taxes 25% 216.00
now you have 648.00
Dont forget you have to eat the high $ road food 150.00 weekly
now you have 498.00 from 3864.00
Anybody know and business your profit should equal your expenses or be above your expenses to all drivers who are looking to get and a lease purchase dont waste your time because its to benefit the company and not the driver and always remember numbers look good on paper but crunch your numbers.
2800 miles * 1.38 =3864.00 Gross
Fuel = 2000.00 roughly
tractor expenses 1000.00 roughly paclease have an 8 cent mileage for maintenance
net 864.00
Looks good dont forget taxes 25% 216.00
now you have 648.00
Dont forget you have to eat the high $ road food 150.00 weekly
now you have 498.00 from 3864.00
Anybody know and business your profit should equal your expenses or be above your expenses to all drivers who are looking to get and a lease purchase dont waste your time because its to benefit the company and not the driver and always remember numbers look good on paper but crunch your numbers.
2 Updates & Rebuttals
Anonymous
Ravenswood,West Virginia,
USA
Liars
#2General Comment
Tue, December 20, 2016
Cowan Trucking are liars in their advertising. Cowan advertised no credit check but one was ran on me and I was rejected. Yea my credit isn't great but don't advertise you don't run them and then send me an email saying I was denied after you ran it. Why lie??????
Baltimore,
Maryland,
Maryland,
Cowan Lease Purchase
#3UPDATE Employee
Mon, February 09, 2015
At Cowan Systems, integrity and respect are the foundations of our culture. We welcome truthful, constructive criticism based upon fact, as it recognizes our successes and identifies areas where improvements will make a significant impact.
The National Road division of Cowan Systems, is a LEASE PURCHASE PROGRAM that provides an opportunity for entrepreneurial drivers to earn substantial income while building equity in a quality Peterbilt tractor, which can lead to ownership in three to six years.
The review above is non-factual and is not an accurate reflection of Cowan business practices. After a careful review of our records, we can find no record indicating that the author of this review ever drove for Cowan Systems in any capacity.
We offer Lease Purchase of a brand new 2015 Peterbilt 579, certified previously leased 2013-2014 Peterbilt 384 models in a variety of colors with instant credit and no down payment.
Call our recruitment team, and decide for yourself.
At Cowan Systems NATIONAL ROAD Division, “WE’RE WITH YOU ALL THE WAY”
Lease Purchase Program: 800-882-6926 and Company Driver Opportunities: 800-227-0418.
