American central transport (lease)

Discussion in 'Discuss Your Favorite Trucking Company Here' started by anotherjoe, Jan 21, 2013.

  1. anotherjoe

    anotherjoe Medium Load Member

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    When you buy fuel you make money on it. I keep track of.my.payroll every week . If i know im making a 1300.00 dollar check next week . I dont have a problem dropping the 300 . Now ill wait to get at cheap state sometimes .

    But 300.00 will buy you 80gal. X7mpg that 560mi x1.44 = 806.40. And it only cost me 300.00 . Now the important thing is to make every mile count. Now we get paid short miles so those numbers arent accurate but the point is your making money on the fuel you buy.

    If your business is making money whenever you invest in it(in this case fuel).Why wouldnt you invest in it .

    Alot of times i get a load offer i have qtr tank of fuel. I crunch the numbers after i buy fuel im only making chump change on the load. Overtime i have built up my fuel tanks. Now when i take a load im on 1/2 tank of fuel i dont have to buy alot of fuel to cover the load.

    This is something im tryg out seems to me its a good idea to invest any extra cash you have in fuel .why pay taxes on it if you dont have to. You never know when your gonna have a breakdown that extra fuel is an insurance policy . It just might be enough to keep you out of the hole by just burning it off and not having to buy fuel.

    I always work on Revenue some like to run miles. I avg 3 loads a week so i always got to make them count.

    It sucks running your. Tanks to mt every week so you can make a paycheck. This way im not doing that anymore. Its nice having a 1/2 3/4 tank of fuel to start your payroll week. Instead of 1/4 .
     
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  3. Wickedfire77

    Wickedfire77 Road Train Member

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    I buy fuel for the load. Why overspend when you don't know if you have a load waiting on the other end ? He seems to be doing fine to me.
     
  4. dogtrucker

    dogtrucker Road Train Member

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    I ask sincerely and respectfully: What is the point of going to all that trouble for only $41k/yr? I can imagine the freedoms of being in charge of my business - OK - but is that worth the massive pay cut from being a company driver? Or maybe I missed something; is $41k for part time work?
     
  5. anotherjoe

    anotherjoe Medium Load Member

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    Those numbers are not representative of a lease. There only a reflection of my personal experience of a 1st time lease driver.

    Every driver will experience different numbers based on there personal spending. Some driver make 80+ some dont for whatever reason . My numbers for the 2nd yr are 10,000 more take home . Im currently on my 3 rd yr.
    Some drivers change there oil more often than me. Breakdowns, timeoff, personal expenses, There are alot of factors that go into how you spend and save. Every lease driver is different. These sre s reflection of my numbers . I have only missed total of 4 payments totaling less than 400.00 total.

    In 23 yrs driving i have saved more money in my saving. And i have a ton of more freedom to do as i want. 3Yrs ago before this lease i was miserable. As funny as it may seem i actually enjoy my job again. In 18months i have a truck to do as i plz. In 18months
     
  6. anotherjoe

    anotherjoe Medium Load Member

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    Continued from previous post:

    You have a job. In 18 months i have a truck with alot of flexibility. Really thats the only diff between company or lease . Which do you prefer is your decision to make. But leasing isnt as scary as sum claim. And if it is its either the decisions theyve made or the company there with. ACT has given me an opportunity and im taking advantage of it. There are sacrifices but the rewards are great in the end.

    Im currently coming off my hometime after being home 4 days . Made a decent check never missed a trk payment. Because i manage my business. Im not at the mercy of a company paycheck.
     
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  7. anotherjoe

    anotherjoe Medium Load Member

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    Currently im on a load to Ga. For a wed delivery
     
  8. dogtrucker

    dogtrucker Road Train Member

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    So, if If read you right, pay was on the low side because you were new, but it gets significantly better with time?
    Now, ATS claims that lease drivers average $65k/first year - do you believe that is true?

    Finally, It seems the main reason to go this route is to have more freedom and more of a life outside the job - but not, necessarily, a much bigger pay check.

    Have I understood you accurately? 'Trying to get a more clear picture of the difference between company and lease or O/O jobs before making a commitment.

    Thanks for your input and any more you might share with us.
     
  9. anotherjoe

    anotherjoe Medium Load Member

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    65K very achievable. My neighbor works for ATS on the heavy haul division is pay is different due to that alone. So numbers are different. ATS lease is way different than ours.

    My first yr my gross 146k my 2nd yr 170k. Everybodys number are gonna be different i have deductions the other driver doesnt. Or visa versa.

    In the end November 2015 i have ownership of a truck as a lease driver. You have to ask yourself do you wanna keep doing the status quo. Or do you wanna advance your future.

    I always said if you want a raise in trucking . You gotta find a way to be an owner and control your own destiny. Otherwise you will always be stuck in the status quo.

    Im very fortunate to of made the right decision by coming here . And so will you . Set goals for yourself and dont let anything slow you down .

    My 1st yr 146k 2nd yr 170k. This year i wanna increase my take home its my goal each yr. Pete3871 gave some advice on time manegement . Anytime you can manage your time and turn it into revenue your gonna benefit. Thats why so many companies are on board with elogs . It allows them to micro manage the truck to maximize profit . And it makes since ,its little things like that for example that turns a 146k yr into a 170k yr. I went home for 3.5 days why i was there i did a pm . Its down time that doesnt kill your week because you were home . Thanks Pete3871 by the way .

    I pondered the lease tried to talk myself out of it . But in the end best move i made . Worst move i made was think about it for a yr before pulling the trigger. Good luck to ya .

    On my way to SC for a load to Illinois 338 mt 922 loaded. For a satdelivery. Going thru the house again gotta love it .
     
    Last edited: Apr 16, 2014
  10. dogtrucker

    dogtrucker Road Train Member

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    Thanks for the reply. Currently - and for the next few years - my main interest is income. What gives me pause is that I haven't yet seen much evidence yet that O/O's earn more than company drivers. I have noticed that O/O's (at least on this board) will never say how much they make which, because we are anonymous here, seems odd and leads me to question weather money is really a factor.

    Every O/O I have queried so far throws out big gross numbers or or rate per mile or anything at all except what they actually earn.
    This caginess about income is, currently, my #1 reason for concern about the value of buying a truck.
     
  11. TheTruckdr

    TheTruckdr Bobtail Member

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    Do not do a lease for any company. Tried ACT, Prime and I took it in the shorts. You have to get on your manager constantly to get yhe miles needed. Then you have the quarterlies to file, expenses, etc. Find a company that pays percentage for your runs as a company driver. Making so much more now and not worrying about anything.
     
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