Let me tell you who can and can't lease successfully

Well if fuel costs $0.30 a mile and the truck payment is also $0.30, figure $0.05 for taxes and $0.02 for first year maintenance (oil changes, dot inspections) that leaves $0.51 therefore the driver only needs to produce 159,000 miles to pay taxes on $81,000.

 

Nope still missing additional costs. Try again.

 

She must of picked up the wrappers she threw on the floorboards. LOL

 

With strong fuel discounts at today's fuel prices, this isn't hard to believe. Just takes running non stop. The problem is its only 10k more than a decent company job pays. With none of the benefits said company job would provide. Matching 401k, good health and dental ins, etc etc.

 

Swift keeps the fuel discounts and pays the shortest routes. The lease truck costs so much per week and Swift turns around and adds a number to it and charges that to the lease op. If the lease op chooses to team or otherwise exceed 11,000 miles in a month their pay on those miles above 11,000 is reduced $0.09 per mile. If the lease op chooses to train new drivers, while student is on truck the lease op's pay is reduced $0.05. Woe to the trainer who exceeds 11,000 miles with a student-- $0.14 reduced from mileage pay for the last couple weeks of the month.

Most of the lease ops don't know how to run a calculator so they don't know about the missing $0.14 when they are pushing 20,000 miles a month, the company is depositing a $3000 check into their account and the l/o never realized he's working so hard for so little.

 

He said he was with swift? That explains a lot.

 

And no profit, and no home time, and no ability to expand and grow a business, just driving, driving, driving with no end in sight. Yeah, sounds like a solid business plan.

 

Hey i didn't say it was a good idea. Just said 80 is doable.

 

Well it seems to me that the OP is a brilliant L/P businessman, and the rest of you are a bunch of obese rubes and losers.

 

I wouldn't consider this "brilliant businessman" There's no endgame. Borrowing and borrowing over and over leading nowhere. A business prosper and grow. It doesn't stay the same place. Look at actually huge business, they keep changing, growing and inventing new things.

I would say he's a hard worker and earn his 81k a year. But I wouldn't want to switch places with him or even consider working for his company.