Well ... let's look at the red flags. This is from his original thread ... No CDL but he is willing to give it a try, you know and others know I view this as a profession, so should I go to a hospital and ask to try out being a brain surgeon? That's a joke guys ... So this is from this thread. To me that's a cheap owner, he doesn't have a truck, the owner does so the owner isn't doing any favors here. Maybe his best bet is to go apply to other companies that can train him right, give him a year or so on the road and then move into this as an owner after five years - yeah I know five sounds a lot but that's should be the minimal. He doesn't know anything about the industry, if he did, he would know what's what. I don't know how knowledge can be outdated, trucks have not changed in 50 years. What I am concern about is the same thing I tell other potential owners, do you have the money to maintain it, and keep it reliable? This causes me to asked a lot of questions about the contract he will have, not those of the company. I mean he is leasing to the company and there has to be a contract involved or he gets screwed. Then it raises the question about insurance, a new cdl holder is expensive and who pays for that? Surely the company won't take the hit unless they have a cheap insurance company, right? Then we have issues about responsibilities, settlements and so on. I don't get this one, sorry OP but if I was offered a "free" truck with just the cost of fixing it up, I would grab it, put $20k into it and make it reliable as all hell. Who cares about the ride, it is a truck that can be used but then I ask about what's a fair amount per mile to him? I'm guessing that it will be about a buck or buck and two bits per mile. an owner should be getting $2 a mile, at least no matter who is driving, rookie or wookie. I know I sound harsh, the OP most likely tell me off like he did others in the other thread but I don't want him to get screwed over like I've seen others get screwed with similar "deals" of family friends.
And that right there is why I quoted you. A detailed breakdown that makes nothing but sense. I always enjoy reading opinions and knowledge of those that have been doing this far longer than me. Even though I was skeptical of the deal, you broke it down in a way I hadn't thought of which is appreciated.