My Sammons experience

Discussion in 'Motor Carrier Questions - The Inside Scoop' started by WMGUY, Apr 13, 2012.

  1. GR8

    GR8 Light Load Member

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    Feb 4, 2012
    Oregon
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    This has been a great thread to follow. I read everything to this point. At first I was kinda getting on board with the idea. I just don't see the great advantage to any lease/purchase system. I get the whole choose your own adventure thing, master of my own destiny, we all want that. It just seems like the lease holder comes out the best in the end. Sammons lease sounds good on the surface compared to others. I checked out their website too. But still doesn't look like you make much more than driving someone else's truck and you get all the risk. From the arm chair quarterback position it would seem when you lease a used truck with 350,000 miles on it after 4 years you finally get that truck paid off it's got close to a million miles on it. Now when you finally get out from under the truck payments and can make good money you would get into larger and larger maintenance costs. Being I've never taken the risk of running my own business I may be missing the advantage vs. the risk. I'd be curios how you feel once all your taxes are done for your first year. Seems like that would tell the real story after all the income and expenses deducted and taxes are paid. Good posting on your experiences. Good luck.
     
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  3. cpape

    cpape Desk Jockey

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    Dubuque, IA
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    Haven't heard from NWMAXI on the boards lately. Are you still out there?
     
  4. passingthru69

    passingthru69 Road Train Member

    Yea, he has been mia for while now.
    Hope he's ok.
     
  5. WMGUY

    WMGUY Road Train Member

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    Nine Mile Falls, WA
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    Yes I'm doing ok, I had a life change at home and need to be home everyday so I had to take the truck back. Sammons and everyone their has been great and they don't hide anything and are up front with what you will realistly make and how things work just like Ihave said through out this thread.

    I'm currently waiting to see how the escrow money gets released as 1/5/13 will be 45 days from delete date
     
  6. rickybobby

    rickybobby Road Train Member

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    greensboro, nc
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    Thanks for keeping us updated on your posts.. I really enjoyed reading them. Take care !!
     
    NWMAXI Thanks this.
  7. Mattchu

    Mattchu Light Load Member

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    Sep 9, 2012
    New Bedford, Ma
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    Thanks, I really like reading this. Hope all is well. :)
     
    NWMAXI Thanks this.
  8. 57 tbird

    57 tbird Bobtail Member

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    Aug 3, 2012
    Big D, Lone Star State
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    Thx NWMAXI

    Really enjoyed your posts and appreciate it too. Hope the home life finds a workable balance. We all lnow the challenges there!
     
    NWMAXI Thanks this.
  9. roy812

    roy812 Bobtail Member

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    Jan 2, 2013
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    I used to be with them in 2000 / jan. 2003 they were good honest company not a lot of frieght but no flatbed company had any frieght then. I still recomened drivers to them
     
  10. cpape

    cpape Desk Jockey

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    Jul 15, 2010
    Dubuque, IA
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    Best of luck with the new situation.
     
    NWMAXI Thanks this.
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