Truckers Report Jobs

Find Trucking Jobs

Company Driver Company Driver Dry Van Dry Van Flatbed Flatbed Refrigerated Refrigerated Specialized Specialized Owner Operator Owner Operator
More Trucking Job Searches ⌄ Fewer Trucking Job Searches
⌃
  1. New Lease Purchase Jobs $0 Down and other incentives Click Here to see offers
    Dismiss Notice

Is there a truck lease charged by the mile?

Discussion in 'Lease Purchase Trucking Forum' started by HarvOS, Apr 8, 2015.

Page 1 of 3
  1. Apr 8, 2015 #1
    HarvOS

    HarvOS Bobtail Member

    11
    0
    Feb 18, 2014
    St Amant, LA
    0
    Is there a truck lease company anywhere that charges by mile instead of a fixed payment?

    I would like to pay more when I run more and pay less when I run less. Miles are the real depreciation for a truck. Time not so much. I've never heard of this concept but it would suit my situation well. Time at home wouldn't be as costly. When I run 3000+ miles a week I would pay for it. Less pressure to always be moving. 80-90,000 miles a year is enough for me. I try to have a life also.

    I'm already leased to a company and have customers. Just need the right deal on a truck.
     
    HarvOS, Apr 8, 2015
    HarvOS, Apr 8, 2015
    #1
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. Apr 8, 2015 #2
    boneebone

    boneebone Road Train Member

    2,233
    2,268
    Mar 13, 2009
    0
    Lease=Renting.......save your money for a Down Payment to purchase a truck.

    All Fleece/Purchases are a Fixed Weekly Payment.
     
    boneebone, Apr 8, 2015
    boneebone, Apr 8, 2015
    #2
  4. Apr 8, 2015 #3
    Allow Me.

    Allow Me. Trucker Forum STAFF Staff Member

    10,379
    11,223
    May 28, 2009
    Rancho Mirage, Ca.
    0
    Are you talking about leasing from a manufacturer or from a truck co. ? A manufacturer will have a monthly payment like a car. A truck co. will have weekly payments. I remember truck co's that leased equipment by the mile (truck/trailers). Which isn't a bad concept. When parked, you're not making payments.
     
    Allow Me., Apr 8, 2015
    Allow Me., Apr 8, 2015
    #3
    HarvOS Thanks this.
  5. Apr 8, 2015 #4
    tazman74

    tazman74 Light Load Member

    254
    119
    Feb 27, 2013
    Albert Lea, Mn
    0
    not 100 % sure but i think jct does something like that.
     
    tazman74, Apr 8, 2015
    tazman74, Apr 8, 2015
    #4
  7. Apr 8, 2015 #5
    bigjoel

    bigjoel Road Train Member

    1,573
    1,833
    Jan 20, 2011
    Houston, Tx
    0
    Here's a good question: Is there a company who doesn't charge the driver for maintenance on a lease truck?

    My point being, why would anyone pay for maintenance on a lease truck that doesn't belong to them?
     
    bigjoel, Apr 8, 2015
    bigjoel, Apr 8, 2015
    #5
    Clamhammer Thanks this.
  8. Apr 8, 2015 #6
    stormy379

    stormy379 Medium Load Member

    401
    259
    Jan 19, 2014
    Delaware Ohio
    0
    Yes there are a couple of companies that have a " by the mile lease" . ACT TRUCKING out of Kansas city Mo. Has one ,I work there and most of the guys are making good money. Celadon is another company doing it as well. Same with RTI.
     
    stormy379, Apr 8, 2015
    stormy379, Apr 8, 2015
    #6
  9. Apr 8, 2015 #7
    freightwipper

    freightwipper Road Train Member

    9,366
    11,439
    Mar 24, 2014
    OTR
    0
    yeah but these companies with "special programs" get you somehow. Mainly by paying at some low rate.. RTI for example actually breakdowns down how if you drive 2500 miles a week you'll earn the same as a company driver! lol

    [​IMG]
     
    freightwipper, Apr 8, 2015
    freightwipper, Apr 8, 2015
    #7
    Cat sdp and woodztruck Thank this.
  10. Apr 8, 2015 #8
    stranger

    stranger Road Train Member

    3,640
    4,958
    Oct 10, 2006
    NC
    0
    What a deal. You get to pay for their PDI, bobtail, full service maintenance at a set rate per week. No money made off that if the truck last until the warranty is up, and you're completely paying for the Tri-Pak at $25.00 per week.

    And, the pay rate is on a sliding scale of .90 -.94. Where does the .94 cut in at, plus stop and detention pay is included, who actually gets that? Then there is a .04 per mile bonus. Bonus for what? How many people actually get that either? Lot's of fuzzy math there. I bet the actual income from the miles stated is quite lower than advertised.
     
    Last edited: Apr 8, 2015
    stranger, Apr 8, 2015
    stranger, Apr 8, 2015
    #8
  11. Apr 9, 2015 #9
    HarvOS

    HarvOS Bobtail Member

    11
    0
    Feb 18, 2014
    St Amant, LA
    0
    I appreciate the info but I'm just looking for a truck. I already have brokers, customers etc. I don't want to deal with a new company. Just a truck that doesn't cost me to be at home.
     
    HarvOS, Apr 9, 2015
    HarvOS, Apr 9, 2015
    #9
  12. Apr 9, 2015 #10
    dieselfuelonly

    dieselfuelonly Road Train Member

    2,475
    5,082
    Nov 12, 2012
    Chapel Hill, NC
    0
    Plus I'm sure they consider you a contractor and pay on a 1099 so go ahead and take 25-30% off for taxes LOL
     
    dieselfuelonly, Apr 9, 2015
    dieselfuelonly, Apr 9, 2015
    #10
    skyviper73 Thanks this.
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

    • Page 1 of 3