Those that need/want to Fleece Purchase from a carrier

Well, not all of us know everything about "everything trucking", as you do. I appreciate Truckers Report threads because I learn here. I don't have your experience, which I do commend you for by the way. I am trying to learn as much as I can before I actually begin driving for a carrier again.

No, I can't answer your question. Maybe everything this author writes is not true and I wouldn't want to apply everything he states. So I go to a grocery store. I don't buy everything there. I do though try to discern what is good and what I do want, and leave the rest. I'm trying to learn from what you post as well.

Your attitude just seems kind of harsh and combative, and definitely arrogant, as you referred to that it is. But that's you and that's okay. Not having the experience, I appreciate a tone that is more humble and helpful, and less critical, that's all. (and I know you don't care what I think of your posts. You've made that clear.) I think many of us appreciate more helpful posts like those of Rawze and others. I want to get to your experience level in trucking. However, I never want to get to the point where I've learned everything I'm going to learn, as you have, and am closed to anything new. If I'm not growing and learning, I'm dying. Kind of like a ripe tomato's next step...

Have a good day, Martin. I do wish you continued success out on the road.

 

so, your saying that company drivers know how much the truck cost. what the insurance cost. what the load pays that they haul. what the yearly and quarterly taxes are. and all the other expenses that come with owning and running a truck.

your saying the company driver see that ENTIRE picture.

the company driver sees ALL THAT?

that's MY ERONEOUS statement.

 

Martin,

If a trucker where able to run their truck 120,000 miles for .50 per mile fuel cost 7.5mpg,$60,000.
00, .17 per mile for parts and repairs $20,600.00 and .10 fixed cost $12,000.00 or .77 per mile $92,400.00 ALL cost NO TRUCK & TRAILER PAYMENT and recieved 1.50 revenue,$180,000.00, that trucker would have a gross taxable income of .73 or $87,600.00 taxable income, that would be an acceptable income? Just asking.

 

Don't you just love the guys that forget and or refuse to look at the current economy and job market? What would they do if they didn't have the time in the seat and was just starting out or coming back? Selective memory. As far as the Sammons deal goes, how is it not a lease purchase? You have to lease the trailer while purchasing the truck...

 

Oh oh, looks like my general discontent for flease operators and the companies that make them, has rubbed off onto other subjects. If so, I am genuinely sorry for that.
When a flease operator starts quoting (incorrect at that) junk from an internet book, that has been common knowledge among those of us that have "been there and done that", it gets annoying, as it is showing yet another way that the poster wants the instant gratification that is the general mentality these days IMHO. First time O/O with a brand new truck? Never would happen before all these flease scams came about. Guys/girls would work their way up, and after a few trucks, work their way into a nice shiny rig. The modern "I want it now" attitude is what is feeding these mega carriers with more and more candidates for their outright scam deals.
The very fact that you, Twicebit, are doing this research AHEAD of time, shows to me that you are much more likely to succeed in any venture you put yourself into. Hopefully you wont fall for the flease crap, that this thread was aimed at.
A lot of us here, the ones that worked hard, started with an old POS cabover normally, and had to work on it on a near weekly basis, get sick of the idiotic flease questions on a near daily basis. I am obviously not the only one, as the OP of this thread feels the same way by the sound of it. As I already suggested, flease operators need their own section IMHO, so us guys that go to truck dealers and get our equipment there, can get on with business and not have to weed through junk to answer genuine questions.
Again, if you received my contempt (or if it appeared that way) for those that call themselves owner operators when they go flease a truck from the carrier that runs them, I am genuinely sorry.
I dont profess to know everything, and still do learn a new trick from time to time. But I seriously doubt anything in that internet book would be news to me or any others with 10+ yrs of driving under their belt, considering what has been quoted is very common knowledge, and some of it outright incorrect.
If you have any questions regards starting out, feel free to PM me, cant say fairer than that can I?

Martin

 

A company driver can figure 95% of cost to operate a truck.......if they wanted to and believed they could, piece of cake. But then again if you think you cant you should not drive a business with a truck.

 

lease the trailer while purchasing the truck.

that would most defenitely be a politically correct statement. LOL.

 

No truck and trailer payment throws the flease argument out the window doesn't it?
I didnt have a payment neither, until I got nailed last year on taxes. Screw 'em, I'll get a new ride. I averaged out at $2.44 all miles last year, for just over 100k miles. You figure out the beating I took!
Even with no payment, why would that guy/girl not earn the maximum amount possible? And $1.50 is far from maximum earning potential IMO.

Martin

 

LOL I could make $1.00 a mile with a cargo van. You fleasees really believe it costs just 50 cents more a mile to operate a T/T? And that is the more "generous" ones. I know the CR England flease pays like 90 cents a mile with no FSC.