To Risinger or not?

Go to the search box and search captain zoom. He is currently leasing with Risinger. The thread is called "I'm baaaaaaack"

 

Actually it would help if you showed what numbers you are using, then we can adjust, add or delete from there.

And what do you consider "living lean"?

 

Incase anyone is still wondering about risinger this is an email I got from a recruiter today. She told me that the only thing they had on the lot are 2016 volvo with automatics. they are expecting to get freightliners in here soon. On to the email (copied and pasted)

Facts about Risinger:
Ø 100% Owner Operator (no company drivers)
Ø Home time prioritized
Ø 2700-3200 average miles a week (additional miles available)
Ø Tolls & Scales Paid
Ø 95% customer freight
Ø 50%-60% drop & hook
Ø Pre-plan everything 2-3 days in advance to avoid making you sit.
Ø $1.08 all miles loaded or empty + Fuel sur charge.
Ø EZ Pass & Pre-Pass provided at no charge
Ø Com data Card for fuel (Average discount $.26 off gal of fuel)
Ø Extra fuel allowance per gallon from Risinger for Eastern States ($.29-NY; MA-$.09; $.16-PA; $.20-CT; $.13 WV)
Ø Our lease purchase owner operators clear between $800-$1500 weekly before taxes after making truck payment.
Ø ATBS financial services at a 50% discount
Ø Free Primary Healthcare for drivers
Ø Bonus potential $5000 + annually

Great Lease Purchase program…No CREDIT CHECK
CKM Lease Purchase Program 2005-2010 (trucks vary = Volvo, freightliner)
Your lease payment would be $419.00-$449.00 a week plus $.012 cents per mile for maintenance. That will cover everything on your truck unless it is determined driver error.
Terms would be no more than 173 payments.
NO balloon payment at the end of your lease.
$1.00 buyout and you will own your own truck.
Down payment $50/week for 16 weeks which will be refunded fully at end of lease.


Premier Lease Purchase (2013 Volvo)
$499 a week for 173 week and just a dollar buy out at end plus $.12 cents per mile for maintenance. That will cover everything mechanically that goes wrong with your truck including tires and PM’s.

Premier Lease Purchase (2014 Volvo)
$499 a week for 196 payments and a balloon of fair market value at end plus $.12 cents per mile for maintenance. That will cover everything mechanically that goes wrong with your truck including tires and pm’s.

Premier Lease Purchase Program (2015-2016 Volvo)
$599.00 a week for 147 payments and a balloon of fair market value at end or opt to go into a new truck at that time or 2 year extension to make fair market value lower plus $.08 cents per mile for maintenance. That will cover everything on your truck unless it is determined driver error.
Terms would be no more than 2-3 years and you can walk away or finance at fair market value.
No down payment.

We have orientation on Monday and Wednesday and we will provide/pay for the following:

Travel to Morton, IL
Hotel room for 3 nights
DOT Physicals/Drug Screen
$$100 for each day in orientation (2 days)
Breakfast is provided at the hotel and we provide lunch
I look forward to hearing from you.
I will be watching for your application and will call you to set up orientation date.
Thank you

 

Numbers aren't adding up .. they're saying $800 to $1500 pretax ... if their costs, revenue and mileage are accurate then the pretax should be $1300 on the low end and $1800 on the high end.

 

Ask Captain Zoom, he's currently leasing from them.

 

I can tell you 1.08 is wayyyyyyyyyy to cheap! How does that number apeal to anyone??? Thats insane.

 

If your going to take on more risk, where is the benefits for doing so?

 

1,300-1,800 before taxes.... I make that #### and I'm company you must really be desperate