L/O preferred truck?

The 3rd party leasers are not claiming to be a motor carrier. They claim to lease you a truck so you can go work for whatever carrier you want. As for moving from prime, you cant move from prime before your truck is paid off. with a 3rd party leasor you can.

The OP is considering leasing through prime, not the buy a truck option. Thus, he will end up paying way more.

 

You don't end up with a truck that way. You're leasing a business asset to generate revenue. If it's done correctly, one can make quite a bit more than can be done on the company side.

 

I absolutely agree that you can do better than average ip, but double what the average lease solo makes. I think you'd have to train to make that happen.

 

The average lease op has no clue IMO. Run a tight operation with low fixed costs , and it would be difficult but not impossible. That "average revenue" number you got from Larsen is what I call "a bad week."

 

Look ive stated before that im not interested in hearing about weeks i want to hear about longer periods, quarters, YTD, last year, even 1/2 of a year. Anyone can have a good week but we have to look at the big picture understand whats really going on. I dont detest that a lease op can have a $2000 week or even several in row. I do not believe that a solo lease op with prime can take home over $100,000 a year. It seems that your implying that you have done so in the past when you were a lease op. So heres the writing on the wall that im seeing. Youve been in the industry 7yrs. Youve expressed an interest in expanding your business, you stated in the past that you hope to be filling for your own auth. By this time next year, was it? Your stating that youve made $100,000/yr in past as a lease op? Yet your in a tractor which isnt all that new and after 7yrs its not even paid for yet. So if thats the case if lease op's have the ability to do as well as you claim, then where are your results from doing so. Cause they arent your business not that im seeing. Look dont come on the form and mislead all of the newbs that are going read this post into thinking some pie in the sky idea that they are going to lease a truck and make $100,000/yr solo because when you start posting stuff like that thats what they are going to take away from it.

 

You do understand the concept of a mathematical average, yes? If you're going to post results like that you'd need to have all of your ducks in a row. If the average is $3855/$1076 then there are some guys doing $2000/$500 too. When I speak of "averages" I use quarterly and yearly averages to calculate what one would expect to see "weekly." We use that as a basis for reference because our billing is on a weekly period.

That is of course is unfortunate, and if you've ever read any of the other material I've posted you'd know that I routinely warn folks, especially inexperienced drivers right out of training, that the deck is stacked against them, and average results of $2000 in gross revenue with $500 net can be quite likely. That is why I recommend that one prepares themselves extensively while driving on the company side before taking the leap into leasing and operating a trucking business.

 

Just think guy if you could gross 2000 every week prime would have a waiting list longer than I-44 same with any other company... You gotta use your head...

 

To an extent, but much of it is up to you- how you run your business, how efficiently you operate your truck, your ability to use the HOS to your advantage, etc.

$2000 gross per week is a freakin' disaster.