Any money to be made?

Just wanted to get some thoughts from the more experienced on this board, been browsing for quite some time.

Been working for a company for just over a year now doing city p&d. Never had any problems with them, and could see myself sticking around for a while.

They've be asking me to do some short line runs, but I can't say I'm all that interested. I know they were short high way guys so I figured I'd ask the details of the owner operators.

I was told they're paying $1.30 a mile, plus a fuel sub of 25%-30%.
Dedicated run approx 600 miles round trip home daily, NO loading or unloading. However sometimes it's deck frieght and you are required to secure and unsecure. 98% of it is loaded going up, empty coming back. They supply plates and insurance, however you pay it approx $1000/mth. Company supplies trailers.

Another thing, they regularly cycle out their old trucks for new and it just so happens its that time again. I inquired about maybe buying one of them and was told if I did they would finance interest free with monthly deductions off my cheque or i could get my own financing, but there's sounded like a pretty good deal. They're going to find out exactly what ones are going then I can see which if any i'm interested in and a price. If I'm not interested off to the auction they go nor do they mind if I found my own truck. Only thing is these are older pre emissions trucks, full repair histories from new, and these guys dont mess around if they ever needed anything it's fixed or repaired asap. I'm guessing the price would be somewhere in the $12, 000 - $20, 000 range.

Worth pursuing further or am I just looking to lose my shirt?

 

All miles paid, loaded/empty/partial at 1.30/mile and home daily.
Fuel surcharge is paid on ALL miles.
I'm not totally sure what they get to be honest. It would likely be a 03 t800, 40" flat top, 475hp isx, 18sp, 3:90 rears.
The $1000/mth I said was for insurance on truck/trailer, plates, etc.

There could likely be some set work too, but that's a whole different can of worms. lol

 

So just to add some to this.Talked to my employer and got more information. Here is how it breaks down.

Tandem axle load deck or van is $1.30/mile loaded & empty
Tridem axle load deck or van is $1.33/mile loaded & empty
Fuel subsidy this month was 29.5%
So $1.68/mile for all miles this month.
Company supplies trailer.
Most is same destination but there is a few others. Most popular destination is 590miles, rest are further. Most trips are home daily, but there are some further ones.
We work out of one location. All deliveries, pick ups, and switches (drop & hook) are paid at $50. All are paid except for ones that occur at our home location we work out of. (i.e. you do not get paid $50 should you decided to turn and burn once getting back in)
Waiting time is paid at $35/hr, except one of our customers get the 1st hour free then pay the standard $35/hr. Working time is 45/hr (load securement etc)
There's no pre authorization needed like I hear some guys talk about. However they're not stupid and they expect you to be honest.
Trailers in our yard are pre loaded going out however 70% of the deck loads need to be secured and you are not paid for it (however outside of our location you are). Tarp loads are extremely rare, if there is they're secured and tarped for you.
Normally its truck load with 1 drop. 90% it's just a drop and hook other times you have to wait to be unloaded, 98% you come back empty. Even when you do the back hauls are extremely small probably sub 5000lbs.
Your choice to run head ache rack, but you are expected to supply your own chains, straps, and binders.
Company supplies fuel cards and insurance, but you pay the bill. We have a scale in our yard. You have to supply plates and permits.
We also get their cost on parts/tires, we can use wash bay to clean our trucks for free, and get labour rates slightly above mechanics wages.

I've decided I would rather purchase my own truck from an outside source though. Still trying to find the right truck. They have no age of tractor requirements, but you are expected to keep your truck maintained.

Does this sounds reasonable for a lease op or am I crazy for seriously considering this?