Leasing???

Discussion in 'Ask An Owner Operator' started by Driveone, Apr 28, 2013.

  1. Apr 28, 2013 #1
    Driveone

    Driveone Light Load Member

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    When leasing to a company that takes 15 percent does that mean your still responsible for tags and insurance and permits?? Or is it that different companies do it differently?? Thanks
     
    Driveone, Apr 28, 2013
    Driveone, Apr 28, 2013
    #1
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  3. Apr 28, 2013 #2
    losttrucker

    losttrucker Road Train Member

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    greenville,nc
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    Every company has different deductions and what the lease operator is responsible for
     
    losttrucker, Apr 28, 2013
    losttrucker, Apr 28, 2013
    #2
  4. Apr 28, 2013 #3
    Allow Me.

    Allow Me. Trucker Forum STAFF Staff Member

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    at that rate, sounds like they charge YOU 15% for dispatch services, and YOU pay for plates IFTA etc. Their trailer, their insurance. You pay Bobtail.
     
    Allow Me., Apr 28, 2013
    Allow Me., Apr 28, 2013
    #3
  5. Apr 30, 2013 #4
    G/MAN

    G/MAN Road Train Member

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    Most carriers who pay percentage require that you pay for your own base plates, permits and fuel taxes (IFTA). They may advance the funds, but you are still responsible for them. Everything should be spelled out in any contract that you sign. Make sure that you fully read and understand any contract before signing.
     
    G/MAN, Apr 30, 2013
    G/MAN, Apr 30, 2013
    #4
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