I really did some research and made countless projections while considering the lease program my company offers and best case scenario I average $1,100-1,300 a week after expenses but before taxes without any home time running ~2,800 miles a week.
Every lease guy I've talked here that does well are all driver trainers. They get paid an extra $100 a day to "train" our noobies coming out of our CDL program and they've all said it wouldn't be worth it if they didn't train for the extra money.
I have no bills besides my cell phone and subscriptions so I think I'm just going to save $400 every week for the remainder of the year and then find a road worthy used truck and lease on to Landstar. That's if I still want to pursue the path of being an O/O.
The good thing about my company is that the lease payments aren't anywhere near $1,000+ a week like some others and it's a walk away lease back to being a company driver. But they rip you to shreds on all of the other weekly deductions for escrows. The training pay alone will cover our tractor payments unless we lease a brand new truck for $750. I'm just not sure if I'm willing to share my truck and train burger flippers shoved through our CDL program for a few extra hundred a week than what I'd make staying a company driver.
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Lease Purchase?
Discussion in 'Lease Purchase Trucking Forum' started by kc0rey, Feb 10, 2020.
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Dave_in_AZ Thanks this.
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stillwurkin and Wasted Thyme Thank this.
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I make a little more money than a company driver but not enough to get excited about. For me its about being successful at a business I enjoy.
Takes planning and discipline but being your own boss is its own special reward.dunchues and stillwurkin Thank this. -
Savings from both provided the 15k down payment for the truck I know own. Admittedly I could have paid more, but quite a bit of money went to 'toys' and other stuff. $2000 camera lens, $1500 laptop, new roof and washer/dryer for my mothers house, etc. Optional spending.Last edited: Mar 3, 2020
stillwurkin Thanks this. -
stillwurkin Thanks this.
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