Doing pretty good this week too. Once I drop what i have now, ill be at $6700 gross. Id expect next settlement to be just over 3k.
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L/P assumptions are amusing
Discussion in 'Lease Purchase Trucking Forum' started by Caseli, Nov 9, 2018.
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Right now 142k
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That does not change the overall picture. Earlier I said that my company's l/p AVERAGE $1.40-1.45 on 2500 miles, which results in a $1200ish net. You asked where these asumptions about l/p income originate from, this is it. Some guys like yourself do better than average, some significantly so. Bully for them. Some make less, and over 50% don't make it a full year at my company.
We have seen long term members here start out doing an lp and post numbers similar to yours, and a few years latter they crash and burn financially. We also see a lot of guys come on, ask a bunch of questions, sign on the dotted line, post a couple of updates and then are never heard from again.
Then there are the guys who successfully complete a lease purchase. Most of them will say that it was a reasonable way to start, but there are better ways if you can swing it. They always mention how diligently they worked and point out the pitfalls. Their usual parting line is something like "do your research, have a plan, work hard, and it might work, but its not for everyone".Oxbow, Gearjammin' Penguin, blairandgretchen and 1 other person Thank this. -
Agreed. I do feel fortunate. It definitely is not for everyone . I look at this as a 4 year college education to become an o/o. Thanks
gentleroger Thanks this. -
That trip's about 730 miles had it payed it would have bought your mileage to around 4200 for the week.
Your week went;
Denver to Salt Lake
Salt Lake to Clackamas OR
(we can see that detention payed but the mileage didn't pay)
Clackamas OR to Spokane WA deadhead
Spokane WA to Buffalo NY
Buffalo NY to Manchester NH -
I didn't go to Clackamas. $130 detention was from a previous trip. Next week I'll be paid detention for this week.
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