Considering a lease purchase with Comtrak or Roadlink for local work, any advice?

Discussion in 'Lease Purchase Trucking Forum' started by Truckinfamilyman, Dec 23, 2012.

  1. Big Show

    Big Show Bobtail Member

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    Dec 29, 2010
    Tennessee
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    I know several drivers in the north georgia/chattanooga area that are leased on with com trak and seem to do preety decent. As said before you have to adjust to making sure you get enough loads to make it worth while. I know a guy who is drives on the highway division at com trak and does I believe the home depot account but anyway he's home every other night and says he's doing really good. You need to consider what your costs are gonna be that you know of, then figure out how much you can put back for when something bad goes wrong. It's a nice dream to think it won't happen to you but it's been my experience if it can it probably will. Just this year I've had some crazy luck but I'm making it and not regretting it a bit, but I will admit you tend to get a little bit sick when you gotta go rebuild a cat and you are handed a bill for $24,000. Just look at the whole picture and go from there, don't get tunnel vision and refuse to see the bad because it will be your down fall in the end. Good luck whichever road you choose, be safe.
     
    Truckinfamilyman Thanks this.
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  3. fireiron

    fireiron Bobtail Member

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    Dec 24, 2012
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    What does Comtrak provide? PLates, Fuel card, etc?) Thanks
     
  4. v6killer

    v6killer Medium Load Member

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    Dec 6, 2010
    ChicagoLand
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    Yes, Comtrak dose provide plates and fuel card, I do have my own fuel card and plates, the fuel card that Comtrak uses is comdata, which give me better discount at the pump, so am using there fuel card now.
     
  5. fireiron

    fireiron Bobtail Member

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    Dec 24, 2012
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    What do they pay per mile if u use their fuel card and plates. ? Thanks again
     
  6. ronron85

    ronron85 Bobtail Member

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    Dec 2, 2009
    Chicago, IL
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    I'm at Comtrak in Chicago, I only do local, I usually don't go farther than 60 miles from the city/rails.
    If your terminal offers local work, DO LOCAL WORK!
    v6killer - I dont know where you heard that us local guys get paid $50 per drop plus miles, but you're wrong. Maybe that's what regional guys get paid when they give you something local. We don't get paid by mile, it's by zone-to-zone. Example: a 30 mile move from the rail to the customer pays about $110 one way, plus fuel surcharge which is about 40% right now, so that move makes you $154, I do about 3-4 moves per day. I work Mon-Fri, about 10 hours/day.
    Comtrak has tons of drop & hook work, at least in the Chicago area.
    I got my truck through them, they take 237/week for the truck. 50/week for plates. 40/week cargo insurance. 295 once per month for the truck insurance. I take home about 1800/week after all expenses.
    Let me know if you have anymore questions.
     
    mudman1 Thanks this.
  7. SHC

    SHC Spoiled Rotten Brat O/O

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    Feb 26, 2011
    Westville, IN
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    I did not read the entire thread, but my advise to the OP based on the 1st post is to go buy an older, used daycab truck (I'm talking 1990-1999) for a few grand that is in good mechanical condition and go for it. DOn't waste your time and money on a LP deal. This way, if things slow down or it dooesn't work out for you, you can just sell the truck or go do other work. You will be at the bottom of a list of about 100 other drivers, so expect crap loads that nobody else wants, and you'll be the first guy to get the "we don't have any work today" line form them..... best of luck to ya.
     
  8. Truckinfamilyman

    Truckinfamilyman Bobtail Member

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    Mar 29, 2012
    Buford, Ga
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    Ronron, I heard that Comtrak will let you take the truck with you if you decide to go elsewhere since it is a 3rd party lease. Is this the case? and is there an extra charge for that?
     
  9. jtc

    jtc Bobtail Member

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    Jan 25, 2012
    los angeles ca
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    comtak wont let you take the truck with you..i know a guy right now who was dumb enough to get sucked into the lease deal work has been real slow last two weeks and his 1600 dollar payments dont help
     
  10. v6killer

    v6killer Medium Load Member

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    Dec 6, 2010
    ChicagoLand
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    Thats right, I do not do local work, the truck I own is not made for that. Yes I do all along hauls do about 500 to 650 miles a day. I do some Home Depot work in wis. it pays 50 dollars an stop I do four in one day, about 590 miles, I don't understand why is or insurance is so high, I pay 179.00 a month and that a lot of money for plates for doing just local work. I own my plates 48 states 2,800 year the pass too years.
     
  11. tglass24

    tglass24 Bobtail Member

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    Feb 17, 2013
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    Sounds about right
     
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