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Thoughts on Prime owner/lease?

Discussion in 'Experienced Truckers' Advice' started by valbob, Apr 17, 2013.

Page 2 of 6
  1. Apr 18, 2013 #11
    valbob

    valbob Bobtail Member

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    Flatbed i do ask alot of questions guess it's the anatalical thinker in me. I do not want to own a business. I just want to ask think and think again lol. He needs alot of experience and I actually am happy to have him out of the house (my house stays clean) . Anyway just enjoy seeing what you'll experienced guys say. thanks.
     
    valbob, Apr 18, 2013
    valbob, Apr 18, 2013
    #11
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  3. Apr 18, 2013 #12
    Blind Driver

    Blind Driver Road Train Member

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    What kind of a deal does Prime have?

    Have you called them?
     
    Blind Driver, Apr 18, 2013
    Blind Driver, Apr 18, 2013
    #12
    valbob Thanks this.
  4. Apr 18, 2013 #13
    FLATBED

    FLATBED Road Train Member

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    Back behind the Wheel and out of the OFFICE
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    I do not want to own a business:biggrin_25523: Then why are you looking at LEASING a truck ?
     
    FLATBED, Apr 18, 2013
    FLATBED, Apr 18, 2013
    #13
    valbob, DriverToBroker and DragonTamerBrat Thank this.
  5. Apr 18, 2013 #14
    Lonesome

    Lonesome Mr. Sarcasm

    11,508
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    Dec 15, 2007
    Northern Indiana
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    Yeah, what's wrong with this picture?

    If you're looking at it as just another job, and not a business, then more than likely you will fail at Prime as a L/O. Also, IMHO, 6 months experience is no where near enough.

    If he's set on Prime, then go there as a company driver, get some more experience, see how he fits in with Prime, BEFORE you decide if a lease is good for you.
     
    Lonesome, Apr 18, 2013
    Lonesome, Apr 18, 2013
    #14
    FLATBED, ironpony and valbob Thank this.
  7. Apr 18, 2013 #15
    ironpony

    ironpony Road Train Member

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    Ask my GPS...
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    Six months experience isn't even close to enough to think about starting a trucking business. That's what any of the lease or lease/purchase deals are. Don't kid yourself, it's not employment on steroids.

    How is your personal debt situation? Less is better, none is ideal. Do you have enough cash to invest in this business to make it go through the rough spots like a couple of weeks with no income due to weather, truck breakdowns, crummy timing of when the loads pay? One can be successful at this, but the odds are stacked against you, and only by careful preparation can you beat them.

    http://www.thetruckersreport.com/truckingindustryforum/prime/182163-leasing-at-prime.html

    I have a little over 10 weeks left on a 3 year lease, and have been quite successful... so it can be done. Of the 12 people who went through lease orientation with me, according to the odds, only 3 of us should have gotten to this point.
     
    ironpony, Apr 18, 2013
    ironpony, Apr 18, 2013
    #15
    Lonesome, valbob and FLATBED Thank this.
  8. Apr 20, 2013 #16
    valbob

    valbob Bobtail Member

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    Thanks Ironpony i at least go into it with my eyes open. just wanted to pick some of you'lls brains. That's what his trainer is going to do. I just hope he makes it through his training. He's learning the hard way that otr is soooo different than hauling gravel lol.
     
    valbob, Apr 20, 2013
    valbob, Apr 20, 2013
    #16
  9. Apr 21, 2013 #17
    Mr. PlumCrazy

    Mr. PlumCrazy Road Train Member

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    Lexington NC
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    I would comment but I am going to keep the thoughts of how stupid the OP sound to myself
     
    Mr. PlumCrazy, Apr 21, 2013
    Mr. PlumCrazy, Apr 21, 2013
    #17
  10. Apr 21, 2013 #18
    Florida Playboy

    Florida Playboy Road Train Member

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    Forget about leasing and just tell him to drive as a company driver if you want steady checks. Sure there are some old hands that make leasing work but they are the exception not the rule. Like others have said it's a business where your husband would be the only employee.
     
    Florida Playboy, Apr 21, 2013
    Florida Playboy, Apr 21, 2013
    #18
    valbob Thanks this.
  11. Apr 22, 2013 #19
    randal02lee

    randal02lee Light Load Member

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    Nov 24, 2012
    Kingman, Az
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    At least she's asking before she signed a lease and not on here after the fact asking for help.
     
    randal02lee, Apr 22, 2013
    randal02lee, Apr 22, 2013
    #19
    FLATBED Thanks this.
  12. Apr 22, 2013 #20
    silenteagle

    silenteagle Road Train Member

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    Ozark, MO
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    silenteagle, Apr 22, 2013
    silenteagle, Apr 22, 2013
    #20
    FLATBED Thanks this.
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