jb hunt lease purchase scam

your saying all drivers who lease dont make any money? i wanna see the proof on that

 

You've never seen the law suits against companies that kept the "escrow" or the companies who still keep the escrow and say it's because he "owes" some kind of repair! These companies don't HAVE to do anything ! They can keep that escrow and PROVE you owe it to them! And on paper too!

An "escrow" that the COMPANY keeps out of your pay is all well and good and is BS! THEY control it! It's not "yours" till you pay the fleece off! Every driver out there should be putting their OWN money into an Operating Expense account of their own that they can get to it without having to get "permission" from a company to access! Time is money and waiting for some moron to send a ComCheck when they "feel" like it or when they get to work 12 hours AFTER the repairs are done is the BIGGEST waste of time a "businessman" can do! Once again those words Operating Expense comes up and anyone without this backup is only kidding themselves as to their knowedlege of business!

As for getting a company to fix your paycheck, So what? Most of them will when you show where they goofed, as even an accountant in payroll can goof! I've had to many times over the years. You can read all about this in the threads!

Once again you have tried to show us you know something that you have no idea about, even if your family is sitting there telling you what to type, you have still failed! SON, Do us a favor and quit while you're behind!

A footnote about an Operating Expence account: Company drivers, Look at what happened to the Arrow drivers. Stranded with no paychecks for several weeks. Everyone of you should have a credit card with the amount of money it takes for you to get home from the FARTHEST point in America! If no credit card then the cash! This is UNTOUCHABLE money! Why wonder if the next time this happens to a company and you're working for them, if the actual "owners" of the truck gives you $200 to get you home. Even you trainees should not come into this cesspool called trucking so broke you can't afford a bus ticket home as most of these bottom feeder "training" companies might not worry about getting you home!

 

Not everyone but a LARGE % cant even manage there personal finances and they go through these driver mills.And they build them up how they can be O/O and have there own truck.So they're so smart that they can skip all the paying the dues and learning the industry because we(company name here) have people that will help you.Look,if you cant seem to pay your personal debt on time and you are broke when you go to one of these schools,then you want make it in a LP deal or a lemonade stand.So dont shoot the messenger.Stop living the illusion that you are smarter than you really are.Or dont listen and then we can hear your sad story in 6months.

 

to a degree the are the same if they both run under a company, if they run under their own number then they are independent contractors

if thats the primary means for getting a load then i wouldnt start out that way that should be for backhauls finding a good broker from what i have been told is hard. i do have a friend and he runs under a broker and i have never heard him complain he has the same run every week. i have learned that one should make themself a frieght lane. my friend only does miami to dallas and dallas to miami and if the load doesnt hit a point in between he doenst take and he has ran home empty several times. he tells me going back to miami empty isnt a problem as long as its every now and then

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your 100% right and that is the down fall of a lease or being independent or starting any type of bussiness.. but then again thats the start of a good lease no money down nothing upfront and to me thats where i know i could captalize. but i do know that SOME lease to work for everything bad theres good!

i may not know everything but i do know if your mind is set to fail you will! ("There are two types of men in this world. The man who thinks he can and the man who thinks he cant. AND THEY ARE BOTH RIGHT!!") when a company driver works ther for five years he has nothing to show for it but what he made. if you lease after 4 or five years you own the truck and lets say its a fld 120 thats worth $20,000 thats $20,000 you didnt have to put towards the truck that you want from the dealer or whaterever he might take. to me thats not a bad deal. I do know for a fact that the company will let you trade that truck for a newer truck you dont have to keep the same truck untill the end of the lease to be honest i have never heard of some who had to keep the truck untill the end of the lease. my dad turned his truck a 2007 379 with 500,00 mile and got a brand new 2009 wiht only 47 miles on it. he only had the 2007 for four months and said he was ready to trade hell it took them a month to convince him to trade it in and not ever company has frieghtshakers Western distribution comapny has all of their truck tricked out and im believe you can lease from them.

Or better if dart pre approves you for work they will let you go to a dealer and you can get the truck you want but there are rules to that im sure but you can get a really nice truck hell one of those guys on the cat cards did that with dart and that guy got one of those really large sleepers on it

 

i have heard of those things im not denying that those things happen. and alot companys to take advantage of drivers i've seen that frist hand becuase they know they can. just like arrow and fed-ex over the classification of drivers and you are right.

btw no one is telling me what to type i do have my own mind

 

300 to 500 a week is not makeing money.

 

yeah your right its not, if you dont run any miles you wont make any money

 

And you STILL haven't done the math! DO IT!!!

A back haul? WTF is a back haul? A back haul is what those low life brokers in Florida call a load that pays pissant .50 if that good, a mile to get out of the state! A freaking BACK HAUL! That's why anyone with 2 live brain cells and is an O/O doesn't go past Gainesville due to the brokers taking 90% of the cost of the freight! They pay enough to pay the fuel. Now if your "buddy" is making better than $1.75 a mile out from FL then he's doing ok but with a L/P, ROFLMAO, yeah if he's getting what the "company" is really paying him .90 plus FSC then I guess he doing ok!

And finally. An L/P is NOT an independent operator until he's PAID OFF THE LEASE and can take that truck to any company or get his own authority! Why can you not understand that an L/P is a COMPANY driver that is stupid enough to pay the costs of operating the truck till he's "paid the freaking lease?" Your "buddy" has NO say in the set up of the truck, how fast it runs, and now how much idle time he can have (that's a lease breaker if I ever saw one!) no say on delivery times or what "freight" he "wants" to pull! It's all in this wonderful company he's leased to hands! That "company" can terminate his butt at any time they want to! Up to and including 1 week before his LAST lease payment! He can't take that "leased" truck to another company for better pay and now where he wants to fuel but follow a fuel plan which actually can benefit the driver as a fuel plan has lower prices that shown on the marquee.(who is a contractor) OWNS his truck OUT RIGHT and has leased it on under a completely different type of lease to the company of his choice! Your "Buddy" can't!

If he can I and I bet the rest of the drivers following this almost stupid argument with a child thread wants to know the name of this oh so wonderful leasing company so we can pass the word out to the rest of the trucking world! Let us know the name!

AS to your father and the 379. That's the ONLY thing that you've said that's made any sense! Yes, a 379 will always have a good resale unless it's been totaled! That FLD 120. What a Classic. Yes, better than any of the Columbia's, Centuries or Cascadias will ever bring with that same mileage! A GOOD business plan will have a truck with a good resale value written in to it!

A friend of mine fell for the O&S lease an he took a 3 year old truck that had maybe 5 drivers ahead of him in the thing and the truck had 450,000+ when he got it. He asked me one day what he could get on a trade in at Peterbilt and when I told him about 9500 at most on the trade he looked at me like I was stupid! He finally went to Peterbilt here in town and I actually low balled the estimate by $900! But still, to pay THAT much (350 a week for 3 years) for a POS Columbia (that was halfway trashed) with no resale is madness! But they sign these things everyday and expect to have a "truck" at the end! ROFLMAO! Be best to attempt to sell it yourself or as mentioned have the land to park it and part it out on!

 

JCT

 

what math operating costs i dont have to do the math on that and i know you dont

i guess our back haul is differnt from yours. if im contracted ou to go from dallas to miami but not back to dallas we call that a back haul enough to get you back home asap so you can do the next run where your really making the money. my friend makes enough money form miami to dalls that he doesnt need to tell me and he wont (I have come to realize why would he) but going from where i am to miam is about 2000 miles they pay him a $1.00 amile and i have seen the bill for that and yes he does pretty good. and thats the point i wanted to make that leases or running under your own numbers can work out but my friend has told me that it hasnt always been good there wherre times he didnt make money.

one my friends truck is open and it was spec'd pretty good i dont know the detail of the specs but that thing runs good he can buy his fuel where he wants and at some place the fuel is cheaper with the company discounts they can fire him but you also performance updates so if for some reason your not being as productive as before they will work with you to find the problem no he cant take that truck anywhere else unless he finishes the lease but part of going with lease is knowing that the company you are leasing to has a large frieght base to keep you running. idle time why would they care how a lease driver idles its his truck and im sure they have never said anything about it. why would delivery time matter and decide what he hauld its all refrigerated which means you can haul dry loads if like glass bottles if they dont have refridgerated theres a dry load. flat bed thats all you can haul specialized thats all you can and dryvan thats all you can haul if your independent.

i believe that to a degree because we all know frieghtliners dont have resale. im not argueing you there. how come he didnt get another truck my dad got rid of the 379 and got a brand new truck from his company. the truck only had 47 miles on it and the payments didnt go up very much at all. and thats a bad lease if your buddy couldnt do that. and like i said there are bad leases but not all are bad.