PRIME Apprentince 6-26-12

Discussion in 'Prime' started by ledzeppelin, Jun 19, 2012.

  1. bmac87

    bmac87 Light Load Member

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    Jun 27, 2012
    alabama
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    Thxs da1! Hopefully leaving Springfield in the mornin has got bored sitting around doing nothing!
     
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  3. da1

    da1 Road Train Member

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    Jun 30, 2011
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    no problem and i understand the feeling a day/two in a hotel....ok....but after a while it gets boring
     
  4. ledzeppelin

    ledzeppelin Light Load Member

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    Jun 19, 2012
    New York
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    My trainer is telling me to go lease. He said it will be a dumb decesion to not and I'm ready for it. Now I'm stuck and a week away from deciding. We have a GREAT FM and that's something I have to think about also. I'm just worried about $$. Thoughts? And plz, no biased opinions. Real thoughts. I understand the job and my responsibilities. But if I go company, I'll make half as much. Thought up until now I was going company first for sure.
     
  5. ironpony

    ironpony Road Train Member

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    Sep 23, 2007
    Ask my GPS...
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    Have you read through my thread on "Leasing at Prime?" What kind of bills do you have? Are there dependents involved?

    Understand that all it takes to go lease is a message to your FM that says, I want to come in and lease a truck. That's it. Most of the time if you want to hop to the company side, the answer is absolutely not. There are many folks who jump into a lease right out of training, and end up starving... and financially ruined; just as there are many who do well. That's part of the risk in this.

    If you go too far into the hole, your lease will be terminated involuntarily and you will be responsible for whatever your indebtedness is plus repairs to your truck. That's the down side. The economy right now is pretty flat, fuel prices are going up, and you won't have very much time to put aside enough money to get you through the slow post-holiday freight. IMO, you're going to be going uphill in this.

    You might want to walk over to the leasing office, and ask for an example copy of the lease. Make sure you read and understand the entire document. If it's too much for you, spend a little money at an attorney's office. You will be held responsible for keeping up your side of the deal.

    Keep us posted, and definitely stay in touch! Ask questions BEFORE you get into trouble!!!
     
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  6. ledzeppelin

    ledzeppelin Light Load Member

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    Jun 19, 2012
    New York
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    Actually, I have no dependants and have little bills. My truck would be my majority of billing expense. Idk, I wanted to go company for 6 months. But my trainer has a point, in which I have done everything with him I'd be doing by myself. Except paying the lease. It's honestly intimidating. But when it comes down to it.... I'm not sure and complety up in the air about it right now.
     
  7. DragonTamerBrat

    DragonTamerBrat Road Train Member

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    Jun 6, 2011
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    So, go company until March, when the freight typically starts picking up after the holidays.
     
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  8. Easy Steamer

    Easy Steamer Road Train Member

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    Jul 3, 2011
    Virginia Beach, VA
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    I have a favorite saying, " If you never built a house, would you start a house building business, If you don't know anything about the trucking business, WHY would you start a trucking company, Spend some time as a company driver, learn the business, then go lease if you want to, And it is NOT half the money. When you figure everything that you pay for and that is pretty much everything, We make very close to the same money
     
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  9. ironpony

    ironpony Road Train Member

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    12,011
    Sep 23, 2007
    Ask my GPS...
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    In a well-managed truck, you can make quite a bit more than on the company side. But that's the key... how well you manage your business. A poorly managed truck can eat you alive too.

    Gotta say though the best part... NEVER CHASING MILES AGAIN! :iconbiggrin:
     
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  10. silenteagle

    silenteagle Road Train Member

    1,491
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    Oct 23, 2011
    Ozark, MO
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    Don't start with a lease...go company. Learnmore about the business and how to run it.
     
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  11. cwc

    cwc Medium Load Member

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    Apr 14, 2008
    richmond, va.
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    Perfect example of what ironpony said is why newbies go for the lease, not because you have to run your business right part, but the more money than a company driver part. Not knowing they can't go home every week to make that more money. I am not shooting down the lease at all, just don't do it when you are just learning to drive. I know thats not the case with the poster who is up in the air about it, but to that poster while you are thinking about it go company until you decide. Might be less money but you don't have to worry about paying truck costs either.
     
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