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Lease Job Offer from a Friend

Discussion in 'Lease Purchase Trucking Forum' started by CementSailor, Jun 24, 2020.

Page 1 of 3
  1. Jun 24, 2020 #1
    CementSailor

    CementSailor Bobtail Member

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    Jun 24, 2020
    0
    So I have no firm details as of this post...what I do have is a friend (who owns her own brokerage) her father (who has is own authority and 5 or so trucks and trailers) doesn't want to take on another driver, but is offering me to lease a truck/trailer and run under his company, but under my own insurance, dispatching myself, with access to his load board and his daughters company. I would love to hear input about fair terms. This is something I wanted, but was honestly looking for a company gig, and now find myself blindsided and wanting some seasoned opinions on a fair contract. Weekly lease payments, maintenance responsibilities(fluids, tires, breakdowns, towing, major repairs) fuel program. I'm stoked about this opportunity, and I really doubt they would rip me off, but....l am interested in what all of you have to say.
     
    CementSailor, Jun 24, 2020
    CementSailor, Jun 24, 2020
    #1
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  3. Jun 24, 2020 #2
    Western flyer

    Western flyer Road Train Member

    2,807
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    Mar 13, 2014
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    Just go get a company job like you were going too.
    Don't waste your time with that garbage.
    He just wants you to pay all his bills,while
    He keeps ownership of the truck.
     
    Western flyer, Jun 24, 2020
    Western flyer, Jun 24, 2020
    #2
    TexasKGB, gentleroger, JolliRoger and 5 others Thank this.
  4. Jun 24, 2020 #3
    D.Tibbitt

    D.Tibbitt Road Train Member

    19,660
    130,560
    Apr 26, 2013
    Gettin' down westbound
    0
    What truck u getting and what is the payment ? Trailer payment ? Also what kind of freight do they have and what are the rates they are getting ?
     
    D.Tibbitt, Jun 24, 2020
    D.Tibbitt, Jun 24, 2020
    #3
  5. Jun 24, 2020 #4
    Eddiec

    Eddiec Road Train Member

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    Feb 2, 2015
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    You want no parts of this, if you want to stay friends.
     
    Eddiec, Jun 24, 2020
    Eddiec, Jun 24, 2020
    #4
    Lite bug, gentleroger, JolliRoger and 5 others Thank this.
  7. Jun 24, 2020 #5
    jamespmack

    jamespmack Road Train Member

    19,157
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    Mar 25, 2014
    OH
    0
    First of all, insurance follows authority. You can not have your own, except bobtail/non trucking. But he can ask you to pay for it. My take is if they cant afford insurance, you cant afford to work for them.

    Second, what's the separation agreement? Can you take the truck elsewhere and continue to make payments?

    Ask for a list of what they are providing for the percentage they collect.

    I would answer these before worrying about anything else.
     
    jamespmack, Jun 24, 2020
    jamespmack, Jun 24, 2020
    #5
    JolliRoger, Doealex, not4hire and 1 other person Thank this.
  8. Jun 24, 2020 #6
    201

    201 Road Train Member

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    Apr 16, 2014
    high plains colorado
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    Oh, I'd be SUPER careful with that. I've had several jobs with "friends" and not a one worked out. They all ended up F'you, F'you too.
     
    201, Jun 24, 2020
    201, Jun 24, 2020
    #6
    Cottonmouth85, JolliRoger, Long FLD and 4 others Thank this.
  9. Jun 24, 2020 #7
    buddyd157

    buddyd157 Road Train Member

    13,454
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    May 25, 2017
    under a shade tree
    0
    wanna stay friends..??

    then DO NOT DO THIS
     
    buddyd157, Jun 24, 2020
    buddyd157, Jun 24, 2020
    #7
    CousinVinny, jamespmack and Eddiec Thank this.
  10. Jun 24, 2020 #8
    kemosabi49

    kemosabi49 Trucker Forum STAFF Staff Member

    10,008
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    Jan 13, 2013
    SW Arkansas
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    I would never go into any kind of business with a friend unless I didn't care if that friendship ended badly. Family either.
     
    kemosabi49, Jun 24, 2020
    kemosabi49, Jun 24, 2020
    #8
    JolliRoger, buddyd157, Crude Truckin' and 1 other person Thank this.
  11. Jun 24, 2020 #9
    Crude Truckin'

    Crude Truckin' Alien Spacecraft

    2,201
    5,707
    Oct 22, 2016
    North Dakota, Eh?
    0
    What if the daughter is super hot?
     
    Crude Truckin', Jun 24, 2020
    Crude Truckin', Jun 24, 2020
    #9
    Cottonmouth85, 201 and Aamcotrans Thank this.
  12. Jun 25, 2020 #10
    bavarian

    bavarian Heavy Load Member

    727
    781
    Feb 13, 2014
    Winnipeg
    0
    Don't use lease and friend in one sentence.
     
    bavarian, Jun 25, 2020
    bavarian, Jun 25, 2020
    #10
    JolliRoger Thanks this.
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