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Anyone lease a truck from TMC?

Discussion in 'Lease Purchase Trucking Forum' started by pcsn0122, Sep 27, 2016.

Page 1 of 3
  1. Sep 27, 2016 #1
    pcsn0122

    pcsn0122 Bobtail Member

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    Jul 17, 2013
    0
    My husband is a company driver with TMC. He is considering buyinga truck from them to be owner op. I have some questions on the best options and how it works.
     
    pcsn0122, Sep 27, 2016
    pcsn0122, Sep 27, 2016
    #1
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  3. Sep 28, 2016 #2
    Highway Sailor

    Highway Sailor Road Train Member

    1,328
    1,658
    Nov 23, 2011
    Erie,Pa.
    0
    I'm also a company driver with TMC and I was thinking about buying or leasing a truck from them. Then I started to notice the increase in o/o and lease drivers getting loads out of the higher paying locations. I think at some point in time with the over saturation of these new o/o ,lease drivers the available freight in those areas will become limited. If he wants to buy a truck from them he could lease on with Mercer, Landstar,and many others. How long has he been s driver with TMC?
     
    Highway Sailor, Sep 28, 2016
    Highway Sailor, Sep 28, 2016
    #2
  4. Sep 28, 2016 #3
    Highway Sailor

    Highway Sailor Road Train Member

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    1,658
    Nov 23, 2011
    Erie,Pa.
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    Is he thinking of being an O/O with TMC or going elsewhere?
     
    Highway Sailor, Sep 28, 2016
    Highway Sailor, Sep 28, 2016
    #3
  5. Sep 28, 2016 #4
    pcsn0122

    pcsn0122 Bobtail Member

    37
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    Jul 17, 2013
    0
    He's been there 3 years. He would like to stay at TMC. He has ESOP stock znd 401k and good health and life insurance. The used tmc trucks are at least $40k with 1 mil miles.
     
    pcsn0122, Sep 28, 2016
    pcsn0122, Sep 28, 2016
    #4
  7. Sep 28, 2016 #5
    Steel Tiger

    Steel Tiger Road Train Member

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    Jun 6, 2012
    Orlando, FL
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    If he becomes an O/O or lease operator, he'll lose the company benefits as he won't be employed by them any longer.
     
    Steel Tiger, Sep 28, 2016
    Steel Tiger, Sep 28, 2016
    #5
  8. Sep 28, 2016 #6
    pcsn0122

    pcsn0122 Bobtail Member

    37
    3
    Jul 17, 2013
    0
    He said he won't. I thought he would so I guess we should verify.
     
    pcsn0122, Sep 28, 2016
    pcsn0122, Sep 28, 2016
    #6
  9. Sep 28, 2016 #7
    Steel Tiger

    Steel Tiger Road Train Member

    2,665
    3,221
    Jun 6, 2012
    Orlando, FL
    0
    He's no longer an employee, he's become a contractor for them. No benefits. Self employed.
     
    Steel Tiger, Sep 28, 2016
    Steel Tiger, Sep 28, 2016
    #7
    tscottme Thanks this.
  10. Sep 28, 2016 #8
    thejackal

    thejackal Road Train Member

    1,359
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    Mar 1, 2014
    detroit mi
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    If he's doing good now, he ought to stay. Be careful of leasing programs, there are quite a few threads on the pitfalls.

    Research research research.
     
    thejackal, Sep 28, 2016
    thejackal, Sep 28, 2016
    #8
  11. Sep 28, 2016 #9
    pcsn0122

    pcsn0122 Bobtail Member

    37
    3
    Jul 17, 2013
    0
    He's doing ok. He wants more money and home more.
     
    pcsn0122, Sep 28, 2016
    pcsn0122, Sep 28, 2016
    #9
  12. Sep 28, 2016 #10
    TruckDrivingtn

    TruckDrivingtn Light Load Member

    246
    236
    Sep 8, 2016
    Maryville Tn
    0

    Way way to much Money for a MIllion Mile truck........ whew Check out Truckpaper.com
     
    Last edited: Sep 28, 2016
    TruckDrivingtn, Sep 28, 2016
    TruckDrivingtn, Sep 28, 2016
    #10
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