Lease Purchase programs.... the scam I'm noticing about most all of them

Out of curiosity I've been doing research... on the topic.
It's been beaten to death that they're all horrible and you'll go broke but I was wondering why and how.
Yes it's simple to say overpriced truck payments and bad rates but it goes beyond that.

Most companies I see offer a flat rate # per mile and full fuel surcharge.
Some offer % but you are dispatched on that load and that's that, sure you can reject it and be given another but point being you're really not in control.

These companies parade around making out that you'll be the boss in control and you will "have your own business".

Most of these lease purchase companies are all the same....
In the fact that they do NOT offer % of the load and allowing you access to view their own load boards and pick your loads.
So in that.. how are you really in control? You're not.
Almost as if they're hiding something.. perhaps how much they're earning and you're not.

If the company gets $5 a mile on a hot load of 44k pounds in the Northeast hills with bad miles... you still get paid your flat rate. The same as if you ran the midwest with a light load.
That doesn't exactly seem fair to the driver.. or the "business owner".

Even if you're on % do you think they'll give you the hot load where you make more money or the company will give that load to one of their company drivers making .BS per mile.
That as well doesn't seem fair to the "Business owner" supposedly "in charge".

I haven't noticed much at all any lease purchase deals where you get % and have access to the same load board the company does with all the details on the loads... and where you pick and choose exactly what to do.
Schneider does offer that it appears but you only get 65%, sure that sounds low but doesn't mean you have to pick low paying freight.. at least you have some control.

So is there any company out there that has a Lease Purchase where you really are in control and don't get screwed on rates and/or the truck?
I have yet to find one. None jumped out at me like wow this is different and great....
At best they appear to be you renting a truck to maybe just maybe earn a little bit more than if you were a company driver.

If my judgment is wrong please enlighten me/us if they're truly are lease deals out there where you can earn 80K+, are in control and actually can pay off the truck.

 

there actually is soooo much money to be made being the owner of the business.. that's the reason why there are trucking businesses to begin with and with multimillion dollar terminals and billboards put up everywhere to boot. I'm sure a lot of companies started up with prior drivers whom figured out the tricks of the system.. started on their own and then expanded.

There is good money to be as a driver in some facets but it takes a whole lot of learning and figuring everything out first.
The sad part is I'm seeing that the secret to a winning trucking company is getting low paid drivers and scamming them to join.

The real money to be made is not by being an O/O even under your own authority but rather by hiring cheap drivers to drive your trucks.. while you sit back with all your knowledge and rake it in.

 

A truck driver that thinks and asks... there must be a glitch in the Matrix

If only we all would think.. then all these scams couldn't continue to exist.



It's a shame soo much out there is intended to take advantage of truck drivers.
Then again that's just life and we enable what is done to us.

 

If it all comes down to money, you might make a slight amount more but is it worth taking on all the extra risk, responsibility and plus lose benefits when you go contractor instead of employee?
Good company drivers can earn .42-47CPM and get the miles, those companies exist.
I don't know, maybe it's just me and the way i think... I believe more work and responsibility should be rewarded more than just barely.
A flatbed driver should earn at least .10CPM more than a Van driver but they don't , I don't think that's right either.

Even that husband and wife team... they could be doing LTL linehaul and be raking in the cash hand over fist but yet they are struggling to get $1.25 mile to their truck when they have to deal with brokers none the less also.
I don't know, everything appears upside down.. us truckers are running around like chickens with our heads cut off while the trucking companies are cleaning up.

But hey if you're happy that's all that matters, money isn't everything as this is a lifestyle for some as it's just a job for others. What's the point of money if you're unhappy? I myself am at the point where I'd take less money to stay out west for a while for a change because I'm sick and tired of the Northeast.
Same like the freedom of their own truck, picking their own loads etc even if the pay is the same as a company driver. I can respect that.
Some of these load planners I've dealt with can't plan their way out of a paper bag.

 

Start my own trucking company and go up to noobs in trucking school and offer them a flease deal of my own.

That seems the way to go in this industry muahhhahahahaha
:smt117