Making Money w/ SCHNEIDER IC Choice is NOT EASY!

48Packard · Dec 29, 2016

TennMan said: ↑

Goal accomplished?

Congrats
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Yessir. Taking most of this pay period off, though I am running a shorty Monday, then picking one up. I'll stop in Charlotte Mon night, do my DOT physical Tuesday (the very day it expires), then roll on....assuming I pass.

duddie · Dec 29, 2016

Scott72 said: ↑

99% sure that's what I'm going to do as soon as my truck is paid off.
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Why wait till your truck is paid off?

TennMan · Dec 29, 2016

48Packard said: ↑

Yessir. Taking most of this pay period off, though I am running a shorty Monday, then picking one up. I'll stop in Charlotte Mon night, do my DOT physical Tuesday (the very day it expires), then roll on....assuming I pass.
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Of course charlotte would be convenient place to fail and turn in truck all in 1 day.

Just a thought, maybe something I've thought about too much....

Good Luck.

48Packard · Dec 29, 2016

TennMan said: ↑

Of course charlotte would be convenient place to fail and turn in truck all in 1 day.

Just a thought, maybe something I've thought about too much....

Good Luck.
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I keep a car there anyway.

CaptainDaveG · Dec 29, 2016

redoctober83 said: ↑

They were both going to approved companies but sfi wouldn't give power of attorney or the title to the approved company so they can get plates. Only a few states allow for out of state registered trucks to get plates without reregistering the truck. Illinois, Oregon, Idaho, Indiana and Missouri are the ones I remember off the top of my head.

That's why I was curious how your replating process went. What state did your new company plate you out of?
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WISCONSIN

Be Safe Out There

Captain Dave

Scott72 · Dec 30, 2016

duddie said: ↑

Why wait till your truck is paid off?
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One less big expense, plus gives me a couple years to stockpile cash, buy a trailer, etc. I want to see how the whole elog mandate plays out too.

Friday · Jan 5, 2017

MOGLAR said: ↑

Any LP is a joke! This is nothing but a modern version of share cropping for drivers. I would rather pour jet fuel on my head....light it on fire...then beat it out with a 10 pound sledge hammer than do a "fleece purchase."

The issue is drivers get all giddy like a teenager when you wave a shiny truck in front of them in one hand....and LP documents in the other. The devil is in the details! First and fore most you have absolutely NO RIGHTS TO THE TRUCK WHAT SO EVER! NONE! ZERO! ZILCH! NADA! Do you know why? Because the truck is not yours! You dont even have a title with them listed as a lien holder! Scribbling on a company document does not give you any rights to the truck. You are paying for all the maintenance on a truck for them!

The way they push lease purchases on drivers is the envy of every TV infomercial. Speaking of that many lease purchase driven company's literally have the sales pitch down to a science to try an convince you that you own your own trucking company. I literally have to keep myself from vomiting in my own mouth when I see this happen to a driver.

Lets take an objective view of the behind the scenes manipulation of how they convince the drivers to actually fall for this scam. Let me set the scene for you first. Ever been to a carnival that has all those cool fairway games you can play to win a big stuffed animal? You will most likely see someone win and walk off with a hulking teddy bear. This person is a Schill that was supposed to win so others will see him. Usually the schill is a deliberate plant or chosen at random to win. In any event all the other people see the win and scamper up to the carnival game to try their luck convinced they could do it too....but fail. As do all the others fail. But from time to time there will be a few winners to give the others hope of success. Get the point. Fleece purchases are no different and employ they same strategy. Just like a progressive jack pot at a casino. Many will play....few will win. This "dangling" the bait at the end of a hook is the hallmark of the fleece purchase.

Wow Moglar you are a troll and have no idea what you are talking about. Well I do. I live in Missouri and have long known friends that are involved in an upper management level with the nuts and bolts of fleece purchases. I will leave it at that without divulging the carrier.

One of the main tactics is to give the LP driver the illusion that he/she is in charge. This is not the case. "But I can pick my own loads like a real owner operator." Yes and No. You only see what they want you to pull. Many other trucks in the area see the same loads. It will get covered whether you pull it or not. In other words.....loads you see are actually chosen/selected for you to see by someone else. You dont see them all. The loads are cherry picked. The schills will unknowingly see the pick of the litter giving them the illusion that they are doing such a wonderful job and making decisions. Also there is a ton of buddy hustling that goes on. Lots of loads you wont see because they are saved for favorites and "special people." Let me make this easy.....you will ONLY see what they want you to see! In an area with no loads? NOT TRUE! Its that the loads are visible to certain favorites and people. Like I said...you have no control. Its designed to make you THINK your in control.

What I am trying to say is you have NO control. Its designed to make you think you actually run something....but you dont. How do we keep this fleece monster fed? Out of a certain number or drivers only "x" amount will get the trucks. The drivers that get the trucks can go out and tell others how great and wonderful fleece purchase is and how hard they worked. The company will get on their soap boxes and herald the success of the new truck owner and even put his face on trucking magazines and advertisements showing how delighted the driver is. I am not going to go into a whole diatribe on how much money the carriers make off the fleece purchases.....I will tell you its HUGE! That will require a much longer post to show the math behind the fleece and the services etc etc. Its a mountain of money.

I am just sorry I didnt invent the fleece purchase myself....I would of been sitting on Fiji by now enjoying umbrella drinks while raking in the cash.

Take care.
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I haven't read this thread before and I've read this post before. Just saying. If you put up a wall of text, at least don't repeat it somewhere else.

sealevel · Jan 5, 2017

Friday said: ↑

I haven't read this thread before and I've read this post before. Just saying. If you put up a wall of text, at least don't repeat it somewhere else.
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Lol. I was browsing in the lease purchase forums a couple of days ago and saw the identical post in at least 2 other threads.

rickybobby · Jan 5, 2017

He is saving the world.

PoleCrusher · Jan 5, 2017

Friday said: ↑

I haven't read this thread before and I've read this post before. Just saying. If you put up a wall of text, at least don't repeat it somewhere else.
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Probably didn't even write it.

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