Elite transport down the pan

dew:
Sorry to bounce this back but did someone buy Elite out in the end as I passed one of their Scania’s pulling a box on the M6 last night, thought it was a touch odd after I read they went under?

Not gone under, just stopped running their own trucks at Southampton & Felixstow. (I think)

Ross.

shuttlespanker:

dew:
Sorry to bounce this back but did someone buy Elite out in the end as I passed one of their Scania’s pulling a box on the M6 last night, thought it was a touch odd after I read they went under?

Elite have not gone under, no matter what you have read on here, they have closed 2 depots, Felixstowe and Southampton

they are still trading

That answers that one then, pay attention more I must :laughing:

dew:
That answers that one then, pay attention more I must :laughing:

If you fancy a Scania R124 Topliner I know where you’ll find a few;

Elite’s yard in Trafford Park.

Ross.

i thought they had updated the fleet ages ago and got rid of all the 4 series scrappers :open_mouth:

shuttlespanker:
i thought they had updated the fleet ages ago and got rid of all the 4 series scrappers :open_mouth:

They have now!!!

Ross.

Shame their not 164s really.

dew:
Shame their not 164s really.

Not for anyone exporting trucks, the 6 potters are in far greater demand than the V8’s.

Ross.

BTW, in this pic they are in rows 3 deep and it’s a much wider row than the image would have you believe.

Ross.

Looking at those pics n how many lorries have been returned my guess is this was forced upon elite buy its creditors
You don’t suddenly ring up Scania/Volvo hi works gone I bit quit can we send 200 lorries back
I’m sure more will follow n elite will deminish and be no more
It’s sad for the drivers but hopfuly they will find work
An average truck on finance/ lease with full r n m is around 1650 a month
I’d say each trucks using at least 800 quids worth of derv
Then you got say 2 k a month wages for driver then all the other bits
It’s no surprise these firms can’t make it pay any more
The haulage rates wich haulage company’s charge need to go up plane and simple otherwise we will never c an end to this

Carryfast could have all this doom and gloom about the recession and low haulage rates sorted in a matter of a few hours if only the world leaders and big business people were to listen to him.

Thank ■■■■ they don’t :exclamation: :unamused:

monarch of the highway:
Looking at those pics n how many lorries have been returned my guess is this was forced upon elite buy its creditors
You don’t suddenly ring up Scania/Volvo hi works gone I bit quit can we send 200 lorries back
I’m sure more will follow n elite will deminish and be no more
It’s sad for the drivers but hopfuly they will find work
An average truck on finance/ lease with full r n m is around 1650 a month
I’d say each trucks using at least 800 quids worth of derv
Then you got say 2 k a month wages for driver then all the other bits
It’s no surprise these firms can’t make it pay any more
The haulage rates wich haulage company’s charge need to go up plane and simple otherwise we will never c an end to this

at the age of those trucks, it is highly unlikely that they would still be on finance, they are all 4 series in the pics, and they stopped making them in 2004

It’s not unknown for companies to refinance old trucks if they are short of cash.

You can put all the lease payments against tax, whereas the depreciation on already old vehicles isn’t much the lease payment is.

And you get the cash value of the trucks from the lease company.

Trick you can only pull once, though.

yes, but, most finance companies will only lend money against a truck up until it is 9 years old

as these trucks in the picture are at the latest 2004, that would make them 9 years, so, therefore, very little, if any, finance outstanding

there are very few exceptions to the 9 year rule with truck finance, there are a couple of companies that will do a 10 year life span, but, are hard to find

shuttlespanker:

monarch of the highway:
Looking at those pics n how many lorries have been returned my guess is this was forced upon elite buy its creditors
You don’t suddenly ring up Scania/Volvo hi works gone I bit quit can we send 200 lorries back
I’m sure more will follow n elite will deminish and be no more
It’s sad for the drivers but hopfuly they will find work
An average truck on finance/ lease with full r n m is around 1650 a month
I’d say each trucks using at least 800 quids worth of derv
Then you got say 2 k a month wages for driver then all the other bits
It’s no surprise these firms can’t make it pay any more
The haulage rates wich haulage company’s charge need to go up plane and simple otherwise we will never c an end to this

at the age of those trucks, it is highly unlikely that they would still be on finance, they are all 4 series in the pics, and they stopped making them in 2004

Ok I agree that age truck would be highly unlikely to have outstanding finance
But y suddenly on the cuff do you shut depots and out units trls n drivers
The business was not making a profit and I imagine they are trying now to plug the holes in there sinking ship
But eventualy the holes will return and the ship will sink
It’s a sad day when any firm finishes and I don’t wish it on any one
But when you look at big firms such as this the management must of seen it coming quite a while ago I’d say at least over a year
I no I’m talking like there dead n burried and there not as of yet so praps I shud hold my tongue

Afaik they’re operating as a clearing house in Fxt/Soton. If their customers are happy for them to cover the work with subbies, out based trucks or the spot hire market then why not I suppose.

I’d be concerned about them lasting “30 days end of month” though in light of the speed with which the trucks went back.

[content removed] This comment has been removed while our journalists establish if what has been said is in fact the case, if correct it will be restored.

Would you happen to be A Frost ex director of elite ex roadways

[content removed] This comment has been removed while our journalists establish if what has been said is in fact the case, if correct it will be restored.

Do not repost it until the facts are verified or shown to be incorrect…

was speaking to a mcr elite driver on wed he said basicly they have been carrying the southern depots for a while and they decided enough was enough and they pulled the plug

combiunit:
Would you happen to be A Frost ex director of elite ex roadways

no he wouldnt :wink: :wink: :wink: :wink: just thought it funny to use his name I guess…- takes all sorts :unamused:

AFrost4747:

[content removed] This comment has been removed while our journalists establish if what has been said is in fact the case, if correct it will be restored.

Do not repost it until the facts are verified or shown to be incorrect…

Not rumour anymore Rikki :wink:

commercialmotor.com/latest-n … t-services