Attention, whomever wanted to do a lease purchase through Wil-Trans and their other companies

These issues you have with Wiltrans are really no surprise.
I understand what some of you are saying about a driver not being prepared to run a business. However, Wiltrans (and many other companies) have some culpability in this too.
Food franchises don't just let you "drive" a store because you have the franchise fee. You have to have a business plan. They will even help you develop one. Also reserve assets among other things before they hang their sign on your business. Not in trucking. Next sucker step forward please!

 

Never lease a truck from the same place your pulling loads for and never be dispatched.

 

I am familiar with leasing outside of trucking in Corporate America. Leasing is done in the corporate world as it favors taxes. In the corporate world the corporation never plans on owning the asset, they are leasing for x number of years. They do not have to depreciate it on a set schedule as they do not own it, and they get to write off the lease payment every month. I would think the same applies here, you are leasing with the expectation it will never be owned by you, but turned in at the end of the lease. The leasing company makes very little on the monthly lease payment, they cash in at the end of the lease by either selling the asset for the residual value, or they will lease it to someone else, the latter is almost always all profit. I will never lease, unless it is with the understanding I will never own it.

 

This. It's not just the trucking industry that does this. Railroads (locomotives, rolling stock),airlines (aircraft,engines) also involve leasing on a grand scale based on operational needs.

 

No one ever owns those trucks! Many don't even have an option to purchase. Nothing but a straight lease on a overpriced freightliner.

 

So you what, just walked through the door and signed on the dotted line without asking questions, without doing your due diligence and without a plan? What did you expect, a $2,000/week paycheck for just turning the key on?

Let's see, taking time off would require you to plan ahead and save up the money to cover the time off as well as the first week back. It also sounds like you have no money saved up for emergencies or working capital. At $3,800 gross, minus $1,500 like you said for fixed costs (which seems very high), that leaves you at $2,300. Then minus fuel, milage and tire fund, maybe $1,100 if you fueled up correctly so that leaves you $1,200 take home. What else do you have coming out of your check? You would need another $1,500 coming out in expenses. Oh wait, you said you took a couple days off, for that number to work out like that you would of had to take an entire week off.

That 7cpm doesn't take that much out of your check. Even if you ran 3000 miles a week that's only $210 going to emergency fund and maintenance. That's a far cry from the small paychecks you're saying you got.

I'm not buying the story, something else is missing here, like maybe the real numbers.

 

My guess is you are correct about additional personal deductions.

I also suspect he is fueling the truck like he's a company driver.

 

I am through a lease program with Prime and I couldn't come close to using that much fuel if I even tried unless I am going max speed all the time, idling the truck 24/7 on high idle, and leaving the fuel caps off so the fuel splashes out of the tanks going down the road He has to be taking a ton of advances each week. Maybe someone forgot to explain what an advance is.

Usually I don't pay much attention to the one hit wonders that pop on here, bash a company X or complain about failing at a lease program when they didn't even try to ask for help before they just up and quit. There a bunch of drivers that are leasing trucks and they all could offer advice on how to improve those numbers, even under Wil-Trans system.

 

VT doesn't have toll roads, man... Now if we're talking permits to leave the interstate: different story.
And Maine has I-95 York to Augusta tolled. It's not THAT bad.