Schneider O/O IC Choice - What year/make/model truck are you driving? Lease/Own?

Discussion in 'Schneider' started by knuckledragger, Jul 11, 2014.

  1. Drifter42

    Drifter42 Hopper Heartache

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    That may be doable if you want to keep it and finance the 59K. Should have a very small portion of the warranty left on it.
     
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  3. freightwipper

    freightwipper Road Train Member

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    Warranty is 500,000 miles

    T-680s are listed around $90,000 with 500,000 miles

    http://www.truckpaper.com/listingsdetail/detail.aspx?OHID=5868283
    http://www.truckpaper.com/listingsdetail/detail.aspx?OHID=5719993
    http://www.truckpaper.com/listingsdetail/detail.aspx?OHID=5766963

    I'll be lucky to be at 300,000 miles at the end of 3 years. I'm just chilling with short loads and doing very well with it.
     
    Last edited: Mar 20, 2015
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  4. Drifter42

    Drifter42 Hopper Heartache

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    Long ways away, but if you want to keep it you could finance the 59K, plus you should have 6K coming at the completion of the lease correct? I'm going with a T680 at the end of May myself. Gotta get out of this shaker lol.
     
  5. freightwipper

    freightwipper Road Train Member

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    :smt067Shaker:smt065 yeah man the 680 is great and when I go over bumps now I don't feel like the truck is gonna rattle apart on me like it did in a Shaker.

    If I walk away after three years I get $6k and whatever is in my maintenance account.
    Dunno what I'm going to do but I actually don't really care at this point.
    I'm chilling in a new 680, not working hard and making the most money I ever have in my life so it's all good. :smt035

    For example I'm booked through the rest of the week and my numbers are as follows...

    9 loads in 7 days..

    Looks to be 1941 all miles (including going out of route to go around Chicago rush hour being my Schedule got messed up due to a random drug test)
    Revenue will be $4,303 or $2.21 ALL miles

    Fuel burned looks to be about $700
    Fixed costs are $1100
    So revenue after fixed and fuel costs looks to be about $2,500.

    On 1941 miles that's like me being a company driver get paid $1.29 per mile I'm driving which is more than a Celadon flease driver gets get for ALL miles including FSC lol.
    Not working hard and $2,500 I'll surely take.

    Next week I start off with a load that goes 308 (including deadhead) and pays about $3.19 all miles. It goes to Buffalo and has an extra stop but dang for that rate why not?

    %%%%%%%%%%%%%%%%%%%% baby! That's what it's all about :yes2557:
     
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  6. Cat sdp

    Cat sdp . .

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    How you look at it is up to you.... But that $$$ is the business's/trucks not your pay. You should just take a wage. Even with a warrantee and mantaniance account. They won't pay the lease payment during downtime or your pay...

    Save save save.....
     
  7. freightwipper

    freightwipper Road Train Member

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    1941 miles over 7 days = a lot of downtime to begin with lol

    I know what you're saying though but that goes for all things in life... If you don't save you're asking for trouble because surprises happen in life.
     
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  8. dieselfuelonly

    dieselfuelonly Road Train Member

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    What are yalls weekly truck payments looking like (not including the maintenance account) on the 3-year leases?
     
  9. freightwipper

    freightwipper Road Train Member

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    New Freightliner and Kenworths all goes in the mid $700s. No matter is one or three years. At least that's what it was when I came.
     
  10. Nedrudt

    Nedrudt Light Load Member

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    How does the taxes work at the end of the year? Are you w2 or 1099? And can you claim the trucks on taxes? DFO did you end up owing money at the end of your year?
     
  11. scratbandit

    scratbandit Light Load Member

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    Been on this program two years. Would I do it all over again no. For a first time go at trying to learn the business yes. 1 year is all you should ever do. Year to year. 3 years and 59,000 wow. Honestly buy your own truck and and bring it on to Schneider. Buying a new one is not the best idea at all. I run the west coast and it really isn't great out here. To many people and a huge turn over. I have seen the same truck sold three separate times this year. That should tell you all you need to know...
     
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