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50% of net offered from OWNER OPERATOR To drive his truck?

Discussion in 'Ask An Owner Operator' started by antoinefinch, Aug 9, 2019.

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LDLWells Heavy Load Member

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Chinatown said: ↑

Several so-called movie stars fell for that scam. Creative book keeping kept the actors from making even one penny on a movie that raked in 10's of millions of dollars.
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If I was a scumbag suddenly a truck would need all kinds of 'repairs'. Open books and gross is the only way to go

LDLWells, Aug 9, 2019

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Chinatown Thanks this.
antoinefinch Light Load Member

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Chinatown said: ↑

OTR CDL A Tractor-Trailer Truckload Driver Dedicated
UNITED PARCEL SERVICE
Auburn, Alabama
www.jobs-ups.com
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Thanks Chinatown how are you and the family?

antoinefinch, Aug 9, 2019

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Chinatown Road Train Member

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antoinefinch said: ↑

Thanks Chinatown how are you and the family?
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Doing great; been travelling with the family this summer; China, Tennessee, Los Angeles, San Francisco, San Jose.

Last edited: Aug 9, 2019

Chinatown, Aug 9, 2019

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antoinefinch Light Load Member

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LDLWells said: ↑

This guy could be honest with his accounting but it's your income.

I will say this, Peter Mayhew played Chewbacca. His deal was a percentage of the net profits. He shared a letter a few years ago from lucasfilm telling him that Return of the Jedi has still yet to make a profit. Just something to think about
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yeah he contracts with great wide and if i'm not wrong they take 25% off the top? thanks

antoinefinch, Aug 9, 2019

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antoinefinch Light Load Member

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Diesel Dave said: ↑

I would run the fastest you could the opposite way and don’t look back. There not gonna tell you the fine print until it happens.
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"he can gross from 2200 to 2400 a week and sometimes 2800-3200 a week" plus what he said the truck can make a week seems low?he must have meant miles a week not pay?

antoinefinch, Aug 9, 2019

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starmac Thanks this.
antoinefinch Light Load Member

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Chinatown said: ↑

Doing great; been travelling with the family this summer; China, Tennessee, Los Angeles, San Francisco, San Jose.
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You know i am still available for adoption

antoinefinch, Aug 9, 2019

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Chinatown Thanks this.
buddyd157 Road Train Member

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antoinefinch said: ↑

Hello
I have never driven for a 50/50 split of net? Owner says he covers repairs/ unless i cause damages which seems fair to me, so after fuel and broker fees/ dispatch is this a good deal? I like mileage pay I know how many miles to drive to get what pay and I am greedy, so the more miles the more money! but it seems i could end up driving a lot of mile and get paid less! Its a run from Atlanta to Dallas,Texas (I-10,I-20) NO FARTHER THAN I-35 and back to Atlanta!
He says he can gross from 2200 to 2400 a week and sometimes 2800-3200 a week? I use to run that for someone else and at .50 a mile i made 390.50 a run! and could do 3-4 runs a week ! 3 runs if I wanted to be home on that weekend! i hate percentage pay thats why I never took those type of driving jobs, it just always seemed as if you would be doing some driving for free! He also said he had been paying some drivers a 60/40 split of gross? which is better? Since i have no idea what the gross of each load is its hard for me figure if either way is best, except i guess 60/40 then i would be getting off the top before any of his other operating cost comes out! it seems by the mile is more clear cut but I know this way is better for him because it whats he wants to use thats business everywhere not just trucking when you work for some else! What's a hand to do? Thanks and GOD Bless
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big difference from gross to net...

gross is BEFORE ALL bills are paid..

net is AFTER all bills are paid.

you could end up making less with him than you think.

buddyd157, Aug 9, 2019

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antoinefinch Thanks this.
antoinefinch Light Load Member

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buddyd157 said: ↑

big difference from gross to net...

gross is BEFORE ALL bills are paid..

net is AFTER all bills are paid.

you could end up making less with him than you think.
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Amen Brother I am going to pass on this one!

antoinefinch, Aug 9, 2019

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KB3MMX and buddyd157 Thank this.
REO6205 Road Train Member

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antoinefinch said: ↑

Amen Brother I am going to pass on this one!
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Good decision.

REO6205, Aug 9, 2019

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Brandt Road Train Member

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Watch out for anyplace that wants to pay you as 1099 unless you have your own truck.

Brandt, Aug 9, 2019

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faux_maestro, antoinefinch and buddyd157 Thank this.

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