Lease or to not to lease is the question

I'm not familiar with auto transport, but if the numbers look good you feel comfortable of what you are doing then you certainly jump into it! I would check around for the right numbers, is it a set deal? or are you allowed to have a slow week that doesn't send you into the negative for 2 months as you make up the payments? I am sure someone will be by here in a few minutes. Thanks.

 

I have a buddy whose been netting 2k weekly for Prime Leasing he gross 6k a week and is loving it he used to work at McDonalds flipping burgers.

 

If he was used to flipping burgers I can see why he'd be happy with Prime...how does he have $4K a week in expenses?
I was running to Edmonton doing 3200 miles a week on $2,200 in fuel at times over $4 gal in ND never more than $2,500.
His plastic aero truck has to get better mpgs than my 379???

 

the op mentioned something about $300k. i hope that was a mistype.

 

All I can say is if you can't afford your own truck, don't risk what you have for bankruptcy for a lease. Its not worth it. I've worked at Prime. There's no way he is "netting" not "grossing" $2K a week including taxes. Even O/O's who own there truck free and clear leased on to them don't make that after taxes. Sorry but that's BS and even know 4 others that I'm friends with who are no longer with them because the lease payments and expenses ate them up no matter what they did. Would explain why Prime has so many empty trucks and new students coming in by the hoards. I've been there and seen it with my own eyes because that's where I went to school. Not to mention Primes high ### weekly truck payments.

 

Oh and just speaking with my wife, she is in a truckers wife group and talks with 6 other wives of drivers that lease who aren't making it. I'm willing to bet money his "buddy" ain't even making $1K a week unless he is a trainer and lease op. $2K a week as a lease op at any company is completely unrealistic.

 

He is a trainer and lease op and his net is 2k real talk