Starting pay for OTR??

I hear Carolina Cargo is hiring.

 

You can't get out of a hole by digging out the bottom...

 

Tell that to these two idiots running for president.

 

Go lease and your situation will get immensely worse. Every single one of the trucks I've recovered has been an lp truck. One had only 7k on it a couple others 12k. The highest was 97k. Do it and there's a very good chance I'll pick yours up inside two months.

 

What he said ^^^^. Your reason for leasing is to get a new truck??? if you are in a serious hole financially the last thing you need to do is lease a truck. Do that and you will be bankrupt in 6 months. TransAm is one of the worst leases out there. Change your way of thinking, making money, not how pretty your truck looks. Oh, and another tip, stop spending money you don't have.

 

I liked the Original Posters attitude. He is looking to win the powerball. I do not think we should set him straight. Let the dream live.

Stop here if you wish to remain wide eyed and bushy tailed. The following will pour cold water on your dream.

All companies pay the driver the least amount possible. Starter companies are very clever about this. The lease purchase scam was a brilliant way to confuse the issue.

1.) The driver is the only employee of a company who actually brings in revenue. No one else does. So the driver is the only one who has to show up for work every morning. How to make that happen. Well let the poor dumb sob think he is an owner. The lease purchase plan did that. We get him to sign a 4 or 5 year "lease purchase". Like rent a centers rent to own contracts. We charge him more then the truck is worth and since we own the truck we can reduce his take home pay by convincing him he is building "equity" in a depreciating vehicle. As economics is no longer a requirement in our schools, some dumbbell will fall for
that. Work for lower then normal wages and someday you will own a wore out truck. Run hard to make those payments and your truck will wear out faster.

2.) You want a new truck. Great. It will be new for about a week. You will get a scrape on it. You will get dinged. A rock will come flying up and break your windshield. And in a year it will have 125,000 miles on it. Having new just because it is new is really silly.

3.) What do you know about maintenance? I ran into a trans am lease purchaser who lost $4000 the week before because he allowed his fuel filters to freeze up. The company charge him retail prices to fix what should have been their own truck. He knew nothing about diesel fuel freezing. But he took it like a man. Bent over and everything.

4.) Owner Operators with their own Authority, choose which loads they run on. A lease purchased person is totally at the beck and call of the company. You can't take advantage of things like a hurricane to run expensive loads to Florida for premium rates. You go where they tell you.

No what you are doing is volunteering to spend the next 4 to 5 years in prison but that is okay because you are getting a really nice cell. Now it even has direct tv.

 

I have been saving my pennies for 16 months now so I can BUY my own truck. I have about 30kish in the bank. I plan to buy a $70-80k truck, with no more thn a 40k note, and still have 20k operating capital.
Because disasters HAPPEN.
this kind of thinking is called BUSINESS PLANNING.

I plan on getting my own authority and dealing with customers I've already gotten to know. But I will stay a company driver, making decent money, until I'm SURE my business plan will work.

Leasing a truck, you get almost nothing for all the money you're paying unless it's a DOG. And think about this: If a company will give a guy with ####ty credit $150k worth of truck on a LEASE (Wher they always get the truck BACK) are they just altruists? Or are they making bank on your stupid business sense? -I would pick the latter.

 

The voices of experience on this site are telling you not to go with the lease. You can choose to listen to them, or you can choose to do your own thing in spite of the advice you've been given and put yourself further in the hole.

Your choice.