Anderson Trucking Service, Inc. - St. Cloud, Mn.

Wow. Really.
Number 1. You have no idea what my lease looks like, or my contract. You are making broad uneducated statements about things you know nothing about.

Number 2. You have no idea about me or my level of education. Again making broad statements about my accounting skills or lack thereof.

Number 3. I understand the differences between company, lease and owner. I do not want to be an owner op, I do not want to be company. I want to lease. I enjoy the advantages over company and do not have the degree of responsibility of an owner op.

Number 4. All contracts (company, lease, owner leased to) are designed to make the company money genius. That's why they are in business. Sadly there are few altruistic trucking companies.

Number 5. The second hand knowledge you have gleamed from other lease guys, recruiters or bathroom stall walls are other peoples experiences. Not all drivers run the same, some drivers are more profitable than others. I do well. My family will be alright.

Number 6. If you have never leased than do not give advice about leasing. Period. Ever. You have never leased, so you have no knowledge of the subject matter. I have never flown a plane. I have been flown in them. I have talked to pilots. I have talked to passengers. But, I have never actually flown one so I don't give advice on how to fly an airplane.

 

You tell 'im!

 

I have run 2 leases on two different companies (no need to name as 99% leases have the same result)
Still I did not pass a full year on either. Now ive been an O/O for almost a year, sure thing my truck made me spend over $14k in repairs these past 10 months but I'm still here and up to date in "all" my payments, now with due respect to all presents I wonder if any lease could had made it past a year with ^^ that kind of set back..

We can all argue this and that, but allinall a lease/operator is just babysitting the truck for the corporation..

 

My truck has full factory warranty for another 200,000 miles. I have reserve accounts I can pull from to live on while it's being repaired. If it wasn't covered I have a maintenance acct. If the repair is greater than the amount in my maint acct the company can choose to cover the remaining amount, effectively putting that account into the hole. It doesn't mean a greater deduction for me, it just means instead of building equity I'm paying back the company. If they choose not to cover the balance I walk away from the lease. I lose any money in my maint acct, but I consider that a fair deal. There are no penalties other than the loss of maintenance funds. Because of that the company usually covers the amount.

As as far as being a babysitter for the truck, I don't disagree. The leases at Anderson are 1 year. I get a $4000 completion bonus plus my maint acct. Depending on what's in the maint acct you could, in theory walk away with $14000 as the maint acct tops out at $10000. In real life guys usually walk away with $6000 to $8000 total. Great bonus for being a babysitter.

 

Awesome... let's pray you never have a problem with the company or you'd be forced to take your truck some where else...
Or that something extra-ordinary may happen in your life that would force you to stay local..
Or that a special out of the blue-situation may have you park the truck for more than 3 weeks.. but you'd prob spend the following 2 months getting out of the hole..

I know o/o's that given circumstances have fallien behind up to 4 payments before the bank forced them out of the truck.. so for you would those 4 payments be the same amount of time? I could only speculate..

You can compare the 2 ways to own a truck all you want, you'd be lucky to grasp a grip on the pink slip of your tractor driving a fleece
As an o/o with your experience and resources mentioned, you'd be accomplished in a year. Hell you could even cash in your title in less than 2 years, but you sit here trying to make us believe the fleece will give you a decent well-being.. I am afraid I am not convinced.

 

Convinced of what? I'm not trying to be an owner op. If those circumstances you mentioned were to happen I park the truck and end my lease. No credit ding. No debt collection companies calling me. No repo. Just a walk away lease.

Its amazing to me. If a guy that leases does well the next 10 guys have to get on here and tell him why he is wrong. He's not doing well at all.

 

I want to own a truck. Though I have been reading a lot about it, including threads like this, the feedback is so mixed, I remain indecisive.
Maybe another year of study will settle my mind though I fear in the end it will still feel like gambling. Well, at least I will know not to gamble more than I can afford to loose.

In the mean time, I am now more appreciative of my safe, simple and reliable company job and paycheck!

 

I turned in my company lease truck and moved to the TAP program with the lease from Frieghtliner ATS is not on the registration and it works for me I will agree leases from Prime, CR England are bad but they are training companies along with SWIFT these take advantage of new drivers there are many who should only work as a company slaves as they really can't even tie their shoes let along figure out the money side of truckinh

 

Lack of ambition is mostly the reason why some guys jump out here and fight off the fleece vs the straight out o/o thing.
We all work the way we want and how we feel most comfortable at I agree, if you ever seen the potential earnings drivers like myself and those that jump against the fleece have, you would not waste your time/life and energy/health chasing a white unicorn with a kids' party hat on its nose...

I never do this but I will just throw this out there for every body to either open your eyes or fight it for as blind as you are not to see what every one here is trying to say, just means that you are actually blimding yourself.
This is one of my best checks this year. Many things went on for it to happen.. you know, the fancy stars aligned with jupiter, I had tail wind the whole week it didn't matter which direction I went.. my tires pressure was at 75f all week long.. petro fuel must had came with shaeffer additive without them knowing and a lot of other things more..



I expect at least 4 more of those this year.. I already checked the cosmo channel and the weather app..
How many of those do you expect or wish to hit with your lease?

 

This is not out of the norm for me some are bigger than this some are less, there is money in trucking you just have to know where it is and good work putting the check together