Prime's lease deal. The math gets done.

You can use the fuel card at ANY station that takes Comdata. If it is a station that isn't in the Prime network, you will have to get a P.O. from the fuel desk for the transaction to go thru.

But as IP said, you'd have to be crazy to do this and forgo the discount Prime gets on fuel.

 

I did not read through the entire thread so i'll say I'm sorry if somebody else posted this, This lease is pretty much what C.R.England did back in the 90's I believe it was with the Freightliner Classic's. They put all the numbers on there website and it was a blaring no brainer that the only way a driver would make it would be in a team environment. At the end the truck would be junk and the teams would not have made any real money. Those decked out Classic's were one heck of a carrot that England dangled in front of all the young drivers back then.

 

Really? Well bless you!! I'll have to check my non- classic Freightliner for another body. I just can't remember loading up a team driver into my truck ever!!! That person must be here somewhere... just can't find him/her.

...that's right! I can't find a team driver because I don't have one. This is a solo truck. Seems I don't need to share the $$$ I make with my truck! How about that?!!

 

I'll put it this way...I've gone to small mom and pop locations and beat the Co's price before even with their discount...these Co's only want you to go where they get a monster discount and only pass small portion onto you...

They're not the only ones..but if your card is only open to the same places co driver can fuel, then glorified company driver...

 

Company drivers fuel where the fuel program tells them to fuel. I can buy fuel at any place my heart desires. Try again...

 

Hope you filled up, you might get snowed in up in Sturbridge ..... He He.

 

No Fear... I come from a land of snow and ice.

 

Well we wish you the best ironpony... But tell us what is your motive for pushing so hard for the prime lease program? , shouldn't you be busy covering that lease payment?, what happens when you don't cover the payment? do you ever get a day off work? ....just wondering

 

I don't "push" anything, and warn many folks- especially the inexperienced to think twice about it.

What lease payment do you speak of? Oh! You're assuming things here! When I did have a lease payment I never had a problem "covering" it.

Why you win a trip to Disney Land silly goose! What do you think?

Depends on the circumstances, your track record and how far in the hole you're going. There are limits on this, as there should be.

What? That trip to Disney Land wasn't enough for your leisure appetite?

ICs call their own shots. It boils down to what you can afford. When I was leasing I was taking off whenever I wanted... at least a couple of weeks a year.

 

The deal, as I understand it from the OP comments, is too one sided. Way too far in the company's favor. I agree that a business only exists to make profit, and I don't have a problem with that concept whatsoever. It's the American Way. I own a truck myself, not a leased truck. However. I think Big's post perfectly illustrates 2 major concerns for any person trying for independence and as much free choice as possible. 1. Do not agree and sign the lease until you've carefully and thoroughly done your due diligence, investigated and weighed the facts as - presented in the contract. Maybe get some professional advice. There are a couple of types of equipment leases and they have strong tax implications. 2. Do the numbers, before signing. How many many miles 'til breakeven? Income projections per month/quarter/year? Costs? Home time potential? Types of loads? Fuel? It's self defeating to get into a lease contract until you've done these very necessary preliminary steps. If you leave yourself at the mercy of a capitalist business man, you have no one to blame but yourself when those oh so rosy promises don't happen for you. Mr. PawPaw failed to mention a major fact of life in our industry, namely best case projections. Not exactly lies but right on the knife edge of misleading. A lot of the lease companies do it, a lot of the training companies push leases. Why? The profit percentage is wonderful. For the company, not for the driver. Last thing, I dislike, intensely dislike, the Burger King analogy. A truck business has almost nothing in common with a fixed location restaurant business.