Leasing at Prime

Night Prowler · Oct 20, 2014

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willveagle · Oct 23, 2014

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freightwipper · Oct 24, 2014

ironpony said: ↑

I'd probably say you'd have better luck with a Cascadia, however there are other considerations. First, anyone can run the fuel economy of one of these trucks into the ground. As much as 30% of a given truck's fuel economy is dependent on driver technique. You wanna be a hot truck driver in a 680? Good luck... it'll hit you in the bank account real quick.

Any driver contemplating a first lease at Prime would be well advised to ask for the truck with the lowest weekly payment. You need all the help you can get in the first year. That means you're looking at a Cascadia. $300 to $500 extra in fixed payments every week just so you can stroke your ego with that name... Peterbilt or Kenworth... is a good way to make sure you are really struggling to stay out of the hole. Another thing is the reliability of the truck, and there are two components to this. First is that Paccar products tend to spend a lot more time in the garage... at least from what we are observing. That doesn't mean there aren't very reliable Pete's and KWs, and Freightliners that are real pigs. There are very profitable load boards at Prime where the fleet manager will not accept you if you are driving a Pete or a KW. The second part of this is that Paccar does not always honor their warranties. That means you may end up paying for things that you wouldn't with a Freightliner. While Prime will pay you dealer downtime pay after the first 24 hours your truck is in the shop, it doesn't make up for lost revenue. What you need is a truck that is on the road.
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Why would a fleet manager not accept you depending on the brand of the truck you're driving?

Cat sdp · Oct 24, 2014

Maybe cause the mx sucks........my local dealer's shop (kw) is full of them every time I'm there.

ironpony · Oct 24, 2014

freightwipper said: ↑

Why would a fleet manager not accept you depending on the brand of the truck you're driving?
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Because both the MX and ISX engines are highly unreliable.

freightwipper · Oct 26, 2014

ironpony said: ↑

Because both the MX and ISX engines are highly unreliable.
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is it really that bad to where they won't give you good loads?
only bad engines I keep hearing about is Maxxforce.

freightwipper · Oct 26, 2014

I've been reading a lot of Prime lease threads, seems people either do really good $1500 + net a week or really bad.. as in terrible and going in the hole.
But why?

If people are given the same tools, pay % etc why some soo good and other soo bad?
Is it simply work ethic or is there more to it? I'm talking about big differences here.. going 57 MPH vs 62 MPH won't cause a difference that vast.

Will Prime work with you...
Say if you wanna wanna run short high paying loads in the northeast... like specific type of operation?
or is it all just totally random?

ironpony · Oct 26, 2014

freightwipper said: ↑

I've been reading a lot of Prime lease threads, seems people either do really good $1500 + net a week or really bad.. as in terrible and going in the hole.
But why?

If people are given the same tools, pay % etc why some soo good and other soo bad?
Is it simply work ethic or is there more to it? I'm talking about big differences here.. going 57 MPH vs 62 MPH won't cause a difference that vast.

Will Prime work with you...
Say if you wanna wanna run short high paying loads in the northeast... like specific type of operation?
or is it all just totally random?
Click to expand...

The guys who do poorly don't read their settlements, have no clue what their numbers are, have no cash reserves, and certainly don't run their truck as a business. That's a common thread. Many low-time drivers can't operate their trucks efficiently, and the fuel numbers show it... what would a 20-CPM raise do for you?

I was chatting with my FM one time, and he mentioned some trouble he was having with one of the guys, and his inability to get his fuel costs under control. IIRC, he was at 34-CPM... the overall average for all lease fleets is 12.5-CPM.

Cat sdp · Oct 26, 2014

ironpony said: ↑

I was chatting with my FM one time, and he mentioned some trouble he was having with one of the guys, and his inability to get his fuel costs under control. IIRC, he was at 34-CPM... the overall average for all lease fleets is 12.5-CPM.
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I'm doing some badger math......

$3.30 a gallon / 10 mpgs = .33 cpm.....

How can they come up with 12.5....?

ironpony · Oct 26, 2014

Cat sdp said: ↑

I'm doing some badger math......

$3.30 a gallon / 10 mpgs = .33 cpm.....

How can they come up with 12.5....?
Click to expand...

Fuel surcharge payments. Its a little artificial, but its the metric they use to compare it fleet-wide.

(fuel cost - all reimbursements)/dispatched miles

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