The keys to a successful lp is:
Keep the miles up. If they start to fall, find out why. To much time off, dispatcher, brake downs, etc.
Tightly control your biggest variable expense, fuel. You MPG and how much you pay per gallon.
Use an accounting firm that provides reports, learn how to read them. Or even better use your own accounting program, learn it well.
Learn the lanes that will keep you moving.
Kllm lease purchase
Discussion in 'KLLM' started by anon6655, May 29, 2014.
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Pay taxes quarterly?
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I leased with them and loved it.
I teamed with my hubbs and so there were two of us and only one truck note.
We took time off here n there, but really it was us who weren't cut out for OTR.
Switched to a local fuel hauling company. We make less but we sleep at home.
And if I ever want to go OTR I'll definitely lease a truck from KLLM again.
Also, you don't need to save for fuel, as stated above you will get a comdata card & they top you off before your first load.
Always give your ETA even if its 48 hrs away and you should get a preplan.
And if Rick Morgan is your dispatcher tell that ####### that we still love him lol -
People trip me out bashing "lease purchase" drivers...Im trying to get financed from a dealer, but if i cant im defintely going the lease route...And also what if i told you "bashers" that you are crazy for driving a truck and being away from your family weeks at a time? Would i be wrong for saying that? Would i be wrong for saying OTR trucking is the lowest form of trucking? So with that being said, lets stop bashing each other and support each others decisions..please
Third3y3guy, T_TRUCKERâ¢, Mrcam216 and 1 other person Thank this. -
They provide fuel surcharge. So if you manage fuel right, it will cover fuel costs.
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right but the fsc doesn't cover the whole trip or empty miles u have to run...if its not over 2.00 a mile I dont see a profit....u have to include the short weeks from when freight is slow or you want off time or had to take a 34in the middle of the week....u would make more money as a company driver then lease purchase....just my opinionDinomite Thanks this.
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You're entitled to your opinion, I'll stick with reality, thanks.Third3y3guy Thanks this.
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what do feel like I said that was fantasy?Dinomite Thanks this.
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Me and it was all good, until they started not reimbursing the reefer fuel like they said they would...then call billing and deal with them for 45 mins to get well over $300 back on the following weeks settlement. Dealt with it twice, third time I threw my manager the keys to my brand new truck and went to a different company, much happier.
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