I had a really long lease thread a couple of years ago. Don't feel like dragging it up. I wanted to update my current year numbers, and show there are good, or at least decent lease programs.
The lease is 1 year long and I gain no equity or ownership of the truck. I turn the truck in after 52 weeks and I collect a bonus. I do it this way because I take a lot of home time between leases and through the year. I consider it more of a rental.
All miles, income and deductions are current as of today and final for the year. I will be at home until after the new year.
Miles
Empty miles 21,799
Loaded miles 58,474
Total miles 80,273
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Income
Total income $201,150.41
That's right at $2.51 per mile all miles.
The blacked out part is sensitive to the company and I would rather it wasn't seen. The money is there though.
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Total deductions
$103,154.75.
$9,193.92 are advances. I take them every week and that's what I live on. I subtract that number from my deductions as i take it in cash so it's a wash.
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Adjusted deductions
$93,960.83
This includes all truck payments, insurance, maintenance deductions and tolls. Literally everything.
Total income $201,150.41
Total deductions $93,960.83
Total pretax net income $107,189.58
Total miles 80,273
Total pre tax net per mile $1.33.
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Lease numbers for the year
Discussion in 'Lease Purchase Trucking Forum' started by Rooster1291979, Dec 19, 2018.
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Shardrk, QuietStorm, cjbrents and 9 others Thank this. -
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Something that goes without saying, my miles are low. I take home time pretty often. I usually take at least a week off. Often 10 days or more.
If I wanted to really grind out the miles I could obviously make more, but home time is important to me.cjbrents Thanks this. -
dwells40 Thanks this.
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cjbrents, 59EX, Aamcotrans and 2 others Thank this.
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Im not questioning your #'s but why is your dh so high? Its like 36% Also seems like a lot of other earnings that add up. 10k in detention pay, 26k for "reposition tractor" ? What does that mean?
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Dh is high because repo is high. Often times with loads I will have to pick up, deliver and then go back to where I picked up for another. That's where repositioning comes in.
Detention is detention. If I sit loaded because a customer cant unload me I get paid. My company charges a lot because of the type of freight.Last edited: Dec 19, 2018
cjbrents Thanks this. -
Which was more than enough for me
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