Governing lease trucks illegal

Discussion in 'Lease Purchase Trucking Forum' started by Space Boogie, Feb 8, 2016.

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  1. scottlav46

    scottlav46 Road Train Member

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    Put the defining phrase in bold. You cats gotta quit drinkin the koolaid if you lease you're not an owner operator by the definition of the phrase, no matter what the recruiter sells ya.
     
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  3. Straight Stacks

    Straight Stacks Paper Cha$er

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    My tongue is bleeding right now.
     
  4. Bakerman

    Bakerman Road Train Member

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    The guy is already on the floor, why you gotta kick him?
     
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  5. scottlav46

    scottlav46 Road Train Member

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    Lol I know right?? I just wanna climb up on the soapbox and knock some heads together good grief man

    Back in the day I ran a truckin outfit out in the oil patch in nd and you pretty much hadda have the outlaw mentality, or at least have a clue, or it just didn't work. Every now and then I'd accidentally hire guys that came across good but then they'd get all legal on me. 'Law says I get a 15 minute break every four hours' or 'this is government lease property it's illegal not to Davis bacon my pay' it was real easy to figure out a way to get rid of them guys.

    Moral of the story is truckers got too much time to think. Specially new truckers with a lease.
     
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  6. scottlav46

    scottlav46 Road Train Member

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    Hahahahaha that right there was awesome
     
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  7. Space Boogie

    Space Boogie Light Load Member

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    Scotty you're an idiot. I ask a tax classification rules question. You come back with a WWE smack down answer. That's about your level of intelligence I suppose
     
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  8. Big Phil

    Big Phil Bobtail Member

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    Guys will debate that back and forth. In my opinion you are an owner operator. The carrier you may be leasing from is taking on an additional position, that of the finance company.

    Your pay, insurance requirements and so on are all the same as an O/O that has outside financing. A lot of times a carrier is on the hook to front repair cost if a leasing O/O can't cover the repairs. They can't simply say, sorry can't help you out. They've got some skin in the game.

    Yes it does present a challenge should you choose to leave that carrier. You'd have to secure your own outside financing to take the truck unless you negotiated a reasonable exit strategy before signing and it's in writing.
     
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  9. scottlav46

    scottlav46 Road Train Member

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    Ok you got me. I'm speechless.
     
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  10. Space Boogie

    Space Boogie Light Load Member

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    By the way for all you buttholes out there. As far as lease is concerned if I made the same money as a company driver line five would be reason enough for me to lease. I make considerably more than a company driver btw. I cleared over 90k after taxes last year. That's more than those Walmart ads your hearing and I take my ###### truck home with me
     
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  11. Space Boogie

    Space Boogie Light Load Member

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    I'm sure now I'll here about everyone's golden unicorn company job where they clear $200k and fly their rig into outer space for home time. Go ahead I'm ready to hear about your ####ing company job
     
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