I am confused as a smart monkey! O/O, L/O or company driver?

seriously, work on paying down your debt. if you get into a lease/purchase deal, and you have bad credit now, and your truck needs repairs, how will you pay for it..???

continue working as a company driver, gain MORE experience, then have better credit, and buy a truck on your own, then lease it to a company, or work through a brokerage house.

"buy here pay here" are usually HIGHER interest rates and they repo faster than a hooker can "snap it shut" and cut your "thingy off".....

pretty much what i have said...

correct, they will suck him dry and leave him out on the corner, worse off than ever before...

correct, he will not be able to afford any repairs, or eat, of maybe even buy fuel..

 

Not much hometime to be had if you wanna make money leasing.

 

I wanna thank you all you guys for your sincere responses...yes 530 is to low it happen that I just finished to pay my credit card hoping it will raise my FICO a little bit but I still have another to debts that I need to check with a professional to find out what to do with it. I own my house pay only 300 monthly mortgage own only 15k on it but the bad news is that they do not report it to the credit companies besides that I am not on other debt. Yes Ill being talking with the family about what to do best and we're agree with the advice being a company driver for some time and have a chance to save some money to buy a truck later until I gain more experience. In the future we would like to move to an other "more civilized place" pardon me LA and mostly all CA I don't like it is just not my taste I saw other states where kids look like "normal" kids playing outside and people with more education not angry or crazy!
There's a small company with 7 trucks offering me a job they pay 40 to 44 c per mile as a team. I still can't figure it out how much can that turn on my check but it will be showed later. They also offered drive solo after a month making 30cpm sometimes hauling dry others refer.
All I can say this is a great forum I'm hoping to keep myself posting my own experiences for others to come!

 

I should call Rambo to resolve my problems right? lol... Thank you man I will take a look at Prime and if you have something to say about them please don't keep it. Do you work for them? as an OO? or as a company driver?

 

if it pays 40¢ to 44¢ per mile as a team, then you get HALF of that, so either 20¢ or 22¢ per mile. think that even as a team driver, you can live on (say) for 3,000 miles (you do 3,000, the other driver does 3,000 for 6,000 total miles for the week), your check before taxes will be....$660.00...??? (@22¢ per mile)


seriously, if you could NOT figure out the team split, and even try to come up with "some numbers", you will fail as an o/o.

IT IS IMPERATIVE YOU KNOW THE NUMBERS...!!!

best you stay a company driver, you really don't have what it takes to be an owner-operator.

 

Thanks Gizmo thats right just follow the money and the truth will show up! Thank you for your answer and that's rightjust because NUMBERS I will stay for a while as a company driver untill being able to save for a truck. Or if there's outhere a place in which I can start as a company driver and after a year or less make a transition to a lease to own something like that.

 

lol..


I believe you are miss calculating by 50%

Ummm someone correct my math if I'm wrong here ..... 40x 6000=2400 So a team @ 6000 miles at 40cpm is $2400.00 Split which would be $1200 ea before taxes... So your take home would probably be closer to $900-$1000ea... not $660 before taxes... just sayin..

at 20cpm that would be on 6000 not on the 3000... so therefore each persons take would still be = $1200 ea before taxes... Know the numbers

or at 44 cpm @ 6000 miles is $2640 Split = $1320 ea before taxes..

 

That's right D33RHUNT3R I was so lazy to do not make the math by myself and trust what Gizmo did....what happened is that he multiplied 3000 miles per 20 cents he split the miles and split the cents per mile by two so he did it twice!!! SO SMART Hunter you are ALL RIGHT MAN!!!
Anyways the post is for all us to get more knowledge and education.
See ya!

 

My wife and I are planning on running teams so I have figured what a good week looked like and when I saw 6000miles and each making only $660 before taxes= I went WHOA!!!! .. Bells and whistles went off.. I may not be the smartest guy but you'll have a hard time sneaking one over on me when it comes to my math and $$$$$

 

That's right when at the first time I saw his numbers I wanted to take an anti depression pill lol....
Anyways I am still looking for a job. The little company which I wanted don't look so "organized" They don't even now me I never saw them before just talked by the phone and they want to send me team tomorrow with no any advance notice. Weird,.....