PRIME Apprentince 6-26-12

Thxs da1! Hopefully leaving Springfield in the mornin has got bored sitting around doing nothing!

 

no problem and i understand the feeling a day/two in a hotel....ok....but after a while it gets boring

 

Have you read through my thread on "Leasing at Prime?" What kind of bills do you have? Are there dependents involved?

Understand that all it takes to go lease is a message to your FM that says, I want to come in and lease a truck. That's it. Most of the time if you want to hop to the company side, the answer is absolutely not. There are many folks who jump into a lease right out of training, and end up starving... and financially ruined; just as there are many who do well. That's part of the risk in this.

If you go too far into the hole, your lease will be terminated involuntarily and you will be responsible for whatever your indebtedness is plus repairs to your truck. That's the down side. The economy right now is pretty flat, fuel prices are going up, and you won't have very much time to put aside enough money to get you through the slow post-holiday freight. IMO, you're going to be going uphill in this.

You might want to walk over to the leasing office, and ask for an example copy of the lease. Make sure you read and understand the entire document. If it's too much for you, spend a little money at an attorney's office. You will be held responsible for keeping up your side of the deal.

Keep us posted, and definitely stay in touch! Ask questions BEFORE you get into trouble!!!

 

So, go company until March, when the freight typically starts picking up after the holidays.

 

I have a favorite saying, " If you never built a house, would you start a house building business, If you don't know anything about the trucking business, WHY would you start a trucking company, Spend some time as a company driver, learn the business, then go lease if you want to, And it is NOT half the money. When you figure everything that you pay for and that is pretty much everything, We make very close to the same money

 

In a well-managed truck, you can make quite a bit more than on the company side. But that's the key... how well you manage your business. A poorly managed truck can eat you alive too.

Gotta say though the best part... NEVER CHASING MILES AGAIN!

 

Don't start with a lease...go company. Learnmore about the business and how to run it.

 

Perfect example of what ironpony said is why newbies go for the lease, not because you have to run your business right part, but the more money than a company driver part. Not knowing they can't go home every week to make that more money. I am not shooting down the lease at all, just don't do it when you are just learning to drive. I know thats not the case with the poster who is up in the air about it, but to that poster while you are thinking about it go company until you decide. Might be less money but you don't have to worry about paying truck costs either.