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TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
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<p>[QUOTE="Ridgeline, post: 6150305, member: 77050"]I get it, but where are the successes? </p><p><br /></p><p>I heard of a bunch outside of the propaganda/advertisements but not much here. </p><p><br /></p><p>I disagree that it is a push onto the owner the responsibility as being the bad thing here, that's how owners have to operate, it isn't that you are a driver any more, you have more skin in the game. </p><p><br /></p><p>AND I got to be honest with you, one of the things I keep telling people to do is get legal advice before signing anything, not to go into things blindly, and weigh them out carefully, because as I've said before this isn't about the money you make. </p><p><br /></p><p>I have a few copies of least purchase agreements from different companies and only one of them is worth the paper it is written on, but I heard that this company is mean and don't care (I won't mention the companies). I also know that the person who handed me a copy has done the lease purchase successfully and has now several trucks on his own, he couldn't do it without the program. He pointed out the biggest failure is not knowing what's in the contract FIRST and FOREMOST but the second failure is to plan this out as a business, knowing the company is going to hold back X amount, they are going to take payments out of the settlements and so on. </p><p><br /></p><p>Crap Bulldog, the second L/P contract I got came from a guy who failed because he didn't realize how much they would take out, but in the contract it was all there, he needed X and got X-maintenance and failed because he got frustrated. </p><p><br /></p><p>A third point is the latitude with loads, many of these programs I agree trap the owner into their freight but if there isn't any of their freight, then they are stuck. Another reason why someone considering it needs to get legal advice to know what's in that contract and if it has a clause to allow finding your own work.[/QUOTE]</p><p><br /></p>
[QUOTE="Ridgeline, post: 6150305, member: 77050"]I get it, but where are the successes? I heard of a bunch outside of the propaganda/advertisements but not much here. I disagree that it is a push onto the owner the responsibility as being the bad thing here, that's how owners have to operate, it isn't that you are a driver any more, you have more skin in the game. AND I got to be honest with you, one of the things I keep telling people to do is get legal advice before signing anything, not to go into things blindly, and weigh them out carefully, because as I've said before this isn't about the money you make. I have a few copies of least purchase agreements from different companies and only one of them is worth the paper it is written on, but I heard that this company is mean and don't care (I won't mention the companies). I also know that the person who handed me a copy has done the lease purchase successfully and has now several trucks on his own, he couldn't do it without the program. He pointed out the biggest failure is not knowing what's in the contract FIRST and FOREMOST but the second failure is to plan this out as a business, knowing the company is going to hold back X amount, they are going to take payments out of the settlements and so on. Crap Bulldog, the second L/P contract I got came from a guy who failed because he didn't realize how much they would take out, but in the contract it was all there, he needed X and got X-maintenance and failed because he got frustrated. A third point is the latitude with loads, many of these programs I agree trap the owner into their freight but if there isn't any of their freight, then they are stuck. Another reason why someone considering it needs to get legal advice to know what's in that contract and if it has a clause to allow finding your own work.[/QUOTE]
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