Theoretical lease/purchase with Andrus

This from one week, although it's a typical week, doesn't represent all weeks. I also AM NOT in a L/P program with Andrus. I am simply using company information on L/P for a theoretical comparision.


Total miles 2998 × $.95 = $2848.10
FSC. 2998 × $.20 = $599.60
Detention pay 5 hrs × $15 = $75
Total income/Gross $3522.70

Fuel 2998÷7.4mpg×$3.75= $1519.25
Truck payment. $400.00
Maint. Fund 2998×.085= $254.83
Physical damage insurance. $25.00
Occup./ accident/ worker comp $63.75
Licensing, taxes and fees. $50.00
Bobtail insurance $8.75
Truck deposit for 25 weeks. $100.00
Total expenses. $2421.58

Net take home. $1101.12

Examples below assume company driver getting 85% of gross pay and $75 Detention pay. Also personal medical insurance/401k may represent a lower % of gross pay.

2998 x $.25 ×.85%+$75= $712.08
2998 × $.30 ×.85%+$75= $839.49
2998 × $.35 ×.85%+$75= $966.90
2998 × $.40 ×.85%+$75= $1094.32
2998 × $.45 ×.85%+$75= $1221.74

What I get out of this:

A driver making less than .35 cpm may be interested considering this lease is on the low side of leases.

A driver making .36 cpm or more would not be interested.

Peace, steerswithears.

 

Snowwy I'm not in the lease purchase program. Just giving an example of Andrus' s program. There are a lot of people on here asking for numbers. Just sharing what I have access too.

I average 7.2- 7.8 monthly mpg and never have dipped below 11,000 miles in a month.

Peace. steerswithears.

 

I should mention my company truck is a 13 Volvo 670 D13 ishift.

Big cadillac.