Update on Swift Lease Purchase

For Dry van that would be Schneider and Anderson trucking but there you deal with brokers.
Schneider is the only place I know of where it's point and click loads with no dealing with brokers.

 

Lies swift is $812 a week for 2017 t680

 

LOLLLLL!!!! people are really doing this! ?

 

How do you know it was a lie? Perhaps he was merely mistaken.

 

The

812 sounds accurate once you pile insurance and other stuff on top. It's 600 something for nearly any truck.

There's a reason I didn't do it though, had this stupid thing called a business plan, the gains were not enough of a benefit. It can be done mind you but in the end it's almost literally the same amount of money as a company driver, less depending on how much you spend or save on maintenance.

 

Just out of curiosity. What did your plan show for pre tax cash flow?

 

I'd have to dig it up it's at home, it's been a few months. My figures showed pre and post tax. With a range for if things went well, to if things went terrible.

But a quick and dirty not factoring in maintenance at 2000 miles, assuming 7mpg and 2.20 fuel. Before tax 671 a week. Which comes out to 32k before tax maintence ETC . At 3000 miles a week 1772 which is like 85k pre-tax. I belive that puts you in the 25% bracket. Which comes out to 64k roughly post tax with figuring in for only a cumulative 4 weeks of downtime. (Who's going to run 3000 miles every week at SWIFT.)

And this isn't factoring in a slew of other costs that would be tax deductible but would tie up liquid assests possibly. This also assumes fuel dosent sky rocket etc etc.

Bear in mind the companies numbers are fairly accurate. (I was shocked) they expect a solo to be able to pull 47k solo and 74k training. And I can pull those numbers company given a good busy year, minus the oh ####. Negativ settlement possibility.

 

Oh crap,,, I pre deducted the fuel from the taxes, oh well, you get the point