Dear Mods...

Right. But being a company driver is working and making still less. The trainer I mentioned from Schneider who had 6 years with the company, and making 37 cpm would only get $1,517 if he ran 4100 miles.

Really lucky drivers might get up to 42 cpm. Extremely experienced ones would maybe, just maybe, run for Crete or someone like that and get 50 cpm. But even at 50 cpm that's still only $2,050. Not quite as high as Rooster did.


Point is, if you want to become a true O/O, you have to get a down payment together somehow. Most of the company driving jobs are.... well.... structured in such a manner as to make that extremely difficult. On the other hand, if you enter a walk away lease you may be able to amass that money faster, and at the same time you're getting to practice managing your own vehicle.

 

or maybe you get serious about saving money and in a year, voila, you now have the cash to go buy a truck.

 

It seems to me, one who reads most of the forum posts, that whenever the topic of requesting information or input about "lease-purchase" comes up, everybody seems to read the request as "Please convince me I made a bad decision and shouldn't do this." It's not. Sometimes, people want information to help make a decision.

Maybe one driver is completely against it, leaving aside the truth that probably most who are have never leased. Or one driver is all for it, leaving aside the truth that probably most who are have never leased; see the pattern? Good, but isn't it really up to THE INDIVIDUAL to decide what he or she wants? Why do we all seem to want to take the contrarian side? Your way is not my way and I need information to light my way, as do you.

inquiring minds want to know.

 

I used to believe that it was all about saving, and it didn't really matter how much money you made per week. Then I switched jobs and started making 34 cpm instead of 26, and I quickly realized that that reasoning is totally bogus.

Whether you own your own truck or not, you have basic expenses. A person with no family, and minimal financial obligations, can live comfortably only maybe 10 cpm and 2200 miles/week. If they've got a car payment, or internet cell phone, they've got to cover those costs first. God help them if they have an apartment.

As your income scales up, you can live on a smaller and smaller fraction of it. You're not just increasing how much you have. You're also increasing what percentage of it you can reasonably hope to save.

 

And where in the title of this thread, or the OP's posts, did it ask for comparisons between flease operators and owner operators? The Op asked for the flease guys n gals to have their own forum I thought...
Yet again, as is the norm in here these days, a thread got turned into "this is why I am a flease operator" and so on.
Load of BS.
Wont see me in the "Flease Operator Wannabe Owner Operator" forums for a while, it's a joke.

Martin

 

Don't hold back...Let it out...

 

I am with you....There is a huge difference between a True Independent and a Flease Operator...I am Landstar and i want to go independent and there is alot to know...

 

It's truly pathetic in my book. A thread with no "thinking about flease purchase" in the title, gets turned into this drivel.
If the powers that be wont make a change, and give these #$%^#'s their own little forum, I'm outta this one.
They manage to turn every thread into some flease junk, and it gets old for those of us that an both manage money AND make our minds up about what we want to be business wise. Just as bad as the part time retirees pulling freight for nothing, so they can "see the country"....

Martin

 

I love asking the flease operators how much there comp or ins or plate is...They look at me with the stupid look...I mean c'mon lets be real here...They say they are a ''business'' man/girl and have no clue where where thier money is going....Pathetic...

 

Or ask them how much fuel is per mile on average, or anything else for that matter.
I got into it with one such fool a year or two back, when he insisted fuel was cheaper in OKC vs Dallas. It was 4cpg cheaper in OKC. Idiot couldn't comprehend the fuel tax rate, and said I was full of it etc. Fuel tax rate was 7cpg difference then IIRC. So his fuel was actually more expensive in Ok vs Tx.
They can come out with some very pretty spread sheets though, showing bookoo MPG figures. Shame they can't figure out that me running my loads and getting @4.7mpg loaded, works out better than their 9mpg junk pulling cheap dry van freight for a mega carrier.
Clueless for the most part.

Martin