I'm a lease purchase trucker. Loving it.
Discussion in 'Lease Purchase Trucking Forum' started by h82bbad, Jun 22, 2022.
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merv85 Light Load Member
Boondock and Another Canadian driver Thank this.
- Mar 24, 2020
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Rideandrepair Road Train MemberBoondock, F4T6UY and Another Canadian driver Thank this.
I've been putting extra money in my voluntary account for pay off. I'm hoping to be able to pay it off early, in December of this year.
I'm very happy with how they transitioned me over, some took a days worth of classes then signed over my life.
Has everything been
Perfect? No there has been a few snags. A couple slow weeks etc. Some learning curves fir me it figuring out the best ways to run my truck and travel lanes that leave me with the least amount of deadhead etc. After 13 month I'm still seem to pick up knowledge from other ic drivers as I go.
But it really helps when you are with a company that wants you to be successful and facilitates it as best they can. If I make a lot of money they do also! I've been with this company since the beginning of 2018 so they were a comfortable fit from the start.Last edited: Jul 2, 2022
ColoradoLinehaul, Boondock, Sirscrapntruckalot and 1 other person Thank this.
It took me until Jan or feb to max my maint account, 24k (I was off work from nov2 to Dec 14th for medical reasons.)
When you first switch 15% goes into you maint account. Until it fills up. If you use money out of it then it starts the draw again. So any maint I pull from my voluntary account or settlement. I actually wanted to transfer money to fill the maint account up early. But they wouldn't let me. Max 15% they do that to make sure you are successful.
Smooth sailing once your maint account is full. Imo
I took the easy road for me, in that I still fuel on their system (you can get you own fuel card if you prefer) but this way they do your ifta for you and you get their fuel price.i also pay a little for prepass and use the toll passes (small monthly fee) and I'm on their insurance program where I could use my own. It just made it easier for me to stay in the same routine as when I was a company driver. About the only thing that is different now is I get to choose my loads from offers, and refuse loads also.
I have been putting 1500 a week in voluntary. And I currently have a balance above my maint account in it.
Overall I've been pretty impressed with their program, but I have not been in another to compare it to. I stay on the road a lot. Probably wouldn't work for most. But I am divorced and the kids are grown, so it works for me.
The waiting list is shorter for flatbed IC but I don't have any friends in it on the flatbed side to give a knowledgeable account of how it works over there. ( good friend starting flatbed ic next week, so I may have some info on it soon?)Boondock, Sirscrapntruckalot, Crude Truckin' and 3 others Thank this.
Can you put your settlement on the screen thanksProfessionalNoticer and Another Canadian driver Thank this.
truckerman75103, Dave_in_AZ, Sirscrapntruckalot and 1 other person Thank this.
Sirscrapntruckalot, h82bbad and markealy Thank this.
Crude Truckin' Alien Spacecraft
- Oct 22, 2016
Nice job!h82bbad Thanks this.
Since going Ic/lp I have noticed it is always better to watch the month and not the weeks.
I haul all contract freight. So sharing would show cpm/flat rate pay/fuel surcharge etc. I doubt my company would appreciate that.
Put it this way. We're a small company and if one of our drivers was broadcasting our rates, and what we're paying for operating costs, and what we pay for wages he probably wouldn't have the numbers right to begin with. If he did I'd want to know, and know right now, how that information was getting out of the office. If I have that kind of a leak I better build myself a boat.
It's not like were doing anything real special or secret or that we have anything to hide. We just don't see any point in putting our business on the street.
If a driver comes on here and posts his pay stub or even his settlement sheet that's his decision. If he declines to do so that also is his decision.truckerman75103, InTooDeep, bzinger and 2 others Thank this.
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