Another ACT L/O

Not everyone needs health insurance on their own. I'm on my wife's plan. Plus my wife earns another $60k a year so we would do quite well on those numbers. Not to mention the fact that after that lease is paid there will be equity in that truck.

 

I won't knock the sweat equity in owning the truck.

It's likely to be an alright deal.

But if you really want to put the screws to the numbers, that's a real possibility.

If you are married, it's a bit better with the working spouse covering a large chunk of the bills.

But how many have spouses making $60K realistically.

He's clearing less than or about as much as a company driver. His income is matching mine right now and I am bottom of the scale for my company.

 

It's not for everyone, I agree, but I do think ACT has one of the better lease options available.

I'm not sure who you work for although I probably should with all the reading I've done here, lol, but that figures out to .48 a mile by my calculation. I haven't been able to land a company job paying .48 a mile yet.

 

From what I was told it is about $750 for just the driver only for health insurance on the plan they have per month. I have checked into several lease programs and ours is one of the better ones I have found. Yes you can make more with your own truck but a lot of guys can't buy one.

 

Hey Kujo, how many actual miles did you run to get paid for 2700? Do they pay practical?

About your truck, when the lease is completed how old will your truck be and about how many miles on average do they have when the lease is complete? 4 yrs old and 500-600k for miles? Im trying to get a ballpark idea about the resale value at the end of the lease. You guys are leasing KW 660s ? I haven't priced a truck in a while but the equity has got to be pretty substantial.

 

I am not going to figure it out....

But you are talking two different pay scales....

Since his is self employed, he's paying the full SE tax. That's 13.3%.

Since I am a W2 employee, That is equal to me medicare/Social security. For me, that's 7.5%.

So right there is a difference is what our gross pays are really meaning.

.36 cpm for an employee is entirely different than .48 cpm for a self-employed person.

 

Man that's actually respectable net income at only around 2300ish miles. Not bad at all. I was gonna do it before my current gig, but I live in NC.

 

Do they hire out of las Vegas?