Prime's lease deal. The math gets done.

Okay i should stay out of this butttt......my truck avgs 6.8 mpg but with the 50k a year i save in not having a payment and cheaper insurance i,m sure my net kills yours.....plus i go home and well i don,t owe my soul to the company store.....
Now i,m sure i run the same loads as you in the lanes i choose to run in but my average is around 93 cpm to me after fuel and maintenance sure my truck might how did you put it look like the side of a barn but i,m sure my long term maint costs will still beat yours but darn i cant deduct a lease payment i,ll have to take a few extra weeks off to ponder that problem

 

I don't care what the research says, my dash cam is all you need. Hours and hours of trucks passing me while in my lane or riding the left lane rumble strip.

its moot. Hit me from behind and try and prove it's my fault with a camera that gives speed and clearly shows me in my own lane.

 

I don't really have a dog in this fight since I neither own nor lease, but at 52 mph average per day even if you only drive 9 hours you are looking at 468 miles per day take so in a 7 day week you would have 3276 miles. When you calculate those miles and add in the fuel saving for 7+ mpg as opposed to 5+ mpg the savings are substantial.

I will say that if I ever did buy a truck there is no way I would accept getting paid by the mile. I know for those doing lease purchase they don't get a choice at some companies, but I thought Prime paid percentage?

 

Usually when a truck is getting 5MPG instead of 7 it has to do with the speed your running, USUALLY! You can make more progress at 63 then at 52 and at 63 your not even moving fast! Heck there are plenty of guys on here who can get 6.5-7 at 65 MPH and are probably grossing 2.50-3.00 a mile! 52mph for a guaranteed buck a mile because Prime wants you to get better then said MPG with a truck your paying for??? No thanks!!!

Simply put, numbers don't lie.

 

Prime pays percentage of linehaul, fuel surcharge and accessorials.

That's right, numbers don't lie, and that "buck-a-mile guarantee" is just that for linehaul only averaged over every 100,000 miles driven. I've never had it kick-in, and it's a floor meant to keep the operators whole in a bad economy. If it's kicking in during anything but a recession, you're doing something really wrong.

 

I wont get into the P'ing match with the brain washed ones.
I average over $2 a mile, all miles, to the truck, with my current loads paying over $4 a mile. No I dont slam doors etc.
As far as hazards go, I will let my 23yrs of pulling OD loads, in 19 countries, all without a single preventable accident, speak for itself. Those with a brain will take heed, those without one will keep on spouting.
I was being sarcastic when I said Prime drivers etc think that $1500 a week take home is good money for a flease operator. My truck costs less, and I make more. You do the math.
Out of this one, as it is obviously a case of beating ones head against the proverbial brick wall.
Martin

 

So?

You have your flatbed deal, we have ours. I don't know about you, but I don't look at this as being an end-all as much as a stepping stone. It works. I don't average $2 a mile for all miles to the truck, and one of my recent loads paid $6.91 a mile. BFD... it's about the gross revenue, not the miles. I'll bet you didn't start your driving career at $2 a mile for all miles either. Go ask the CRST losers if they'd take $1500 a week over what they have now. It's all relative.

I'm happy that you enjoy what you're doing, and you're being paid well for it. And that is the bottom line.

 

You are NOT going to get 3200 miles running 52. Driving 11 hours a day. Pti that's .25 hours pti that's another .25 hrs drop and hook there's another .25 what you're describing is a situation that doesn't happen that's running 52 for a straight 11 hours. Don't work like that. And you're forgetting about the 8/70. Biggest week logged LEGALLY I have ever seen was 4172 running the west. And that's running 75 not 52. Or 62. It says you're not a trucker I don't know weather you are or not but you're not going to run an average of 52. I run 75-80 most of the time. My highest speed average was still only 68 when all was said and done. In 700 miles that rig stopped for all of 27 minutes 15 came for fuel. The other stops weren't logged. You tell me do you really think you're going to average 52 if my speed dropped off that much from 75? Now tell me again how many miles you're going to run? And log legally? Keep in mind them prime drivers are on e logs not paper.

 

I don't see the sense in leasing a truck from a company that demands you haul their freight at their rate. Then they with hold an escrow for maintenance, tell you when you get home time and what you can or can't have fixed on "your" ride. Just a thought but its not really your business if some one holds the check book or makes the decisions. I'm sure I'm missing something but company driver sounds better.

 

I'm correct it's basic math:

9x52=468
468x7=3276

So yes if you AVERAGE 9 hours of drive time a day at an AVERAGE speed of 52 mph and work every day you will hit 3276 miles a week. I emphasized average because there are some days a driver might drive more than 9 hours and there are days a driver might drive less than 9 hours.

Averaging 52 mph over nine hours of driving doesn't mean that you have done 52 mph all day. Obviously it depends on where you are going and many, many other variables. I used 9 hours of drive time a day because that is an easy mark to hit. I have a friend who will drive to within 15 minutes of his 11 hour clock any time he has the chance to.