Interesting Lease Purchase Worth Looking At

Discussion in 'Lease Purchase Trucking Forum' started by Pahrump, Sep 19, 2014.

  1. freightwipper

    freightwipper Road Train Member

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    If it's $1 a mile for costs, that leaves you with .40
    same as a company driver but with no worries
     
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  3. joseph1135

    joseph1135 Papa Murphy

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    Breaking even: still making a driver's pay for all that extra work and responsibility and my god if something were to go wrong or break down. It's not worth it at the end of the day. The really successful owner operators are making a hell of a lot more than a $1.40. If you're willing to risk it, then be willing to put a few thousand away and buy your own and make real money with Landstar or Fed Ex or somewhere else. Nobody has to do lease purchase.
     
    blairandgretchen Thanks this.
  4. Pahrump

    Pahrump Medium Load Member

    Something that kind of falls in to the back ground is this fact "The Company is only interested in moving freight and making money at their advantage" In the end no matter what status driver you are working for a company all end up with the same wages.

     
  5. Rooster1291979

    Rooster1291979 Road Train Member

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    I think you are confused about what break even means.

    You are right in one regard, "Nobody has to do lease purchase." I disagree when you say "if your willing to risk it, then be willing to put a few thousand away and buy your own....." Doing that is a FAR greater risk than leasing. A smart hard working driver can make very very good money leasing.
     
  6. gorgeous

    gorgeous Bobtail Member

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    Rti is a ripoff it took one week for me to see that from a 4 day $2350 paycheck i made $398 that's the first week with no truck payment and they don't have the trucks they advertise they use leased trucks they don't even own the 2012 Cascadia they gave me as a temporary truck got 4 mpg when i complained i was told that's the best those trucks get WTF i left at the end of the first week knowing if i stayed I'd be in the hole every week
     
  7. Solo_Seat

    Solo_Seat Medium Load Member

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    Is poke to a recrutier a week or so ago...he told me that after truck payments, fixed costs, and fuel, I could expect to bring home $1000 - $1200 a week....not for me. You still have to withold taxes and pay a CPA...that ties up at least 30% of that...so you would in essence, make less than a company driver.
     
  8. gorgeous

    gorgeous Bobtail Member

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    They get you there then tell you they are out of trucks and give you a piece of #### with bad fuel mileage the are also not a long haul company the hiring area on their web page map is actually their running area i was so pissed off i wasted 2 weeks on their lies
     
  9. crzyjarmans

    crzyjarmans Road Train Member

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    No, that is about the cost to run a truck, with out problems, are you in a flease ? If so, there are cost that your unaware of, there is more to it when you own a truck, companies lease these truck, you pay high payments, insurance,maintenance, run under companies 2290, under their authority, use their plates, go BUY a truck and trailer, then make some calls try and see what money you will need to pay out before you even take your first load, mega carriers buy fuel in bulk, they get much bigger fuel discounts than a small 1 truck company will get, if you believe that $1.40 means something's wrong, sorry, but you are not aware of the total cost of everything that need's to be paid out
     
    Dale thompson Thanks this.
  10. scottied67

    scottied67 Road Train Member

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    I figure $0.65 for fuel
    $0.15 maintenance
    $0.20 house bills and health insurance
    $0.15 retirement
    $0.15 truck replacement

    so at a $1.40 driver is earning $0.10 in walking around money per mile.
     
  11. DenaliDad

    DenaliDad Retired Wheel Dog

    I really wish people who don't support drivers who want to learn about truck leases would stop saying that buying a truck will remove all the challenges and almost guarantee success. We get it; you don't like leases. Allow others to have an opposing view, please.
     
    evilmonkey Thanks this.
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