I recently leased on with a carrier that gave me a first fleet card. When I use it, they deduct the amount I swipe out of my settlement.
Then, they pay me for mileage based on 5 mpg @ $2.50/ gallon.
So, if I run 50 miles, that's 10 gallons of fuel they pay for at $2.50 or $25.00.
What advantage is this fuel card? I have the money to pay my own fuel. I'll still get the $25 when I run 50 miles. Why would I not pay for the fuel myself?
Leased on to carrier that lets me use their fuel card questions...
Discussion in 'Ask An Owner Operator' started by Driver0000, Jul 27, 2017.
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A friend of mine told me one time if you use their fuel card, that if they go broke at least you have your fuel paid for and you havnt used your own money.
JimmyWells, gokiddogo, passingthru69 and 1 other person Thank this. -
The carrier offered me a loan for my plates which I turned down. They seemed shocked.
Now that I'm here, I'm learning that a lot of guys are in debt up to their eyeballs with this company bc of loans.Tug Toy Thanks this. -
I paid my own plate too. Owner of company asked me why. I said if you piss me off I can just drive away..........
He didn't know what to say.
I use my own card becaue I get a discount that is better than the company's discounts. I guess I can see the point if your planing on them locking there doors but I would already be gone if I felt that way.Grubby, 1johnb, LoneCowboy and 2 others Thank this. -
I refused to have any carrier pay for or get me my plates, I am a contractor, not an employee and if they want to pay me for them, they can put it into the settlement as a unnamed reimbursement. -
Some fleets get better fuel pricing than you can. I have my own card but its only good around my regional area. If l had to go otr l'd either have to get another card or use the carriers card or cash whichever would be cheaper for me.
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They pay all your fuel costs that's odd
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Personally,.. the more you are in control of and the less you depend on the carrier/broker to supply you with the better. What happens if their fuel card gets shut off? Or there becomes a dependency with how much fuel you used. You dont need those kinds of problems. There are many fuel card out there that will save you $0.20 - $0.30 off the pump price.
HurstJimmyWells and 2CAN Thank this. -
Yeah but doesn't the carrier do the quarterly fuel reports which is easier if you fuel on their card ?
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Easier for the carrier...
The carrier should be passing along all discounts. A decent fuel card will offer a sum of amount purchased per state for the quarter which then can be added to the ifta report. I can see a carrier squabbling over an owner operator submitting a stack of receipts, that would be a pain to add up and deal with.JimmyWells Thanks this.
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