im curious what your gross take home a week is says drivers average 4K to 5k gross to the truck and lease payments are as low at 375 dosent give a whole lot of into tho say you leased a decent truck for 500 to 600 after all the deductions and truck payment what are you taking home before taxes? It’s nice you pick your own loads I would do it if the money is here I hate lease purchasing but if done with the right company I guess it can work out. Also will you ever actually own the truck??
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Anyone doing a lease for crst Malone?
Discussion in 'Lease Purchase Trucking Forum' started by asphaltcowboy4x4, Jun 20, 2019.
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The whole lease purchase game with companies is a scam. The truck is basically a rental & you cover everything. The real issue comes into hauling loads for a $1 a mile. Nobody is moving freight for a $1 mile. How do you expect to make it running for a $1 mile you can't. Go to work for a decent company save your money & learn the trucking business. That is the best way to being successful and buying your truck the right way. All the best to you
Texas_hwy_287, Intothesunset, faux_maestro and 2 others Thank this. -
Bean Jr. Thanks this.
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CRST and lease in the same sentence, yikes!
Texas_hwy_287, faux_maestro, FlaSwampRat and 2 others Thank this. -
They pay like 70% linehaul and 100% fuel surcharge it’s good company to be an owner op I’m just not so sure their lease is good? It’s flatbed
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Doesn't matter what anybody on here says.
The recruiter said you'll make 5 grand a week,
I say go for it.
Sign the lease and let us know how it works out.
If it doesn't work just give them thier truck back.
That's what everybody else does.Texas_hwy_287, Intothesunset and DTP Thank this. -
Everyone thinks it won’t happen to them and they will somehow overcome the astronomical odds against them and make bank with a fleese purchase. Better off buying a few Powerball tickets and stay home.
Texas_hwy_287, faux_maestro and Western flyer Thank this. -
So, basically you're doing a rent to own truck, giving up 30% for the privilege of them doing your paperwork (ifta, irp, etc) and finding freight? Probably cheap freight at that. All in a large fleet spec'd truck you'll end up paying way too much for?
I'd pass.Texas_hwy_287, faux_maestro and asphaltcowboy4x4 Thank this. -
Malone was a pretty good company before they sold out to crst.
I no 2 guys there now. One does good the other is always #####ing.
Before you go there ask the recruiter about the per mile maintenance, insurance, Qualcomm, escrow, plate, 1099 charges.
Also ask about the fuel discount program. *hint* imho it is barely a half step above just paying pump price.
That said i dont, nor never have, or will work there.
I constantly hear one guy always complaining he is gonna quit. Cause he is always in the whole again.
The other always seems to have settlements between $2400-2700. And is now talking about going to landstar when his truck is paid off in august.
I cant say thier good or they suck. But i wouldn't work there.
Like with all lease purchase or any no money down programs. The devil is in the details, so do your research.
Remember the 80/20 rule, 20% of the guys make 80% of the moneyIntothesunset Thanks this. -
Man the real experts on Malone are all here.... I receive upwards of .94 off fuel price averages about .47. A tire a “super single” (I’m not a gold nugget) 1k$’s with tire discounts 300$, Pm’s discounted. Oh cheap loads?? Yeah if ya want to haul them. I use there board about.05% of the time. But did a load for 3.44 a mile(non o/s) with an agent of theirs. So far it’s been good for me but they changed their hiring practices. Last years RPM was 2.27 This year its a little lower but I’ll get it higher.... Their lease is low truck payment .15 per mile maintenance and trailer rent is 185 a week for a 48 flat no frills not the greatest but they cover maintenance. I’m the last one out of my orientation from a year ago. Might start a thread soon.. this account was rebooted so I have to get it squared away first.
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