Questions about leasing on a driver

Discussion in 'Ask An Owner Operator' started by irishluck09, Jul 12, 2022.

  1. irishluck09

    irishluck09 Light Load Member

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    I've got a driver I'm going to be leasing on to a contract I run.

    My questions are solely regarding what percentage rate I should have them at, should I charge a lease trailer fee, what should I cover as far as repairs and maintenance go? And how to charge to lease the truck?
     
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  3. Judge

    Judge Road Train Member

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    80/20 trailer included.


    62B1E806-C908-421C-A42C-8740A6CFF4B4.gif

    If he/she ruins tire it’s on them, if general wear & tear(usually not much) you can handle it.
    Do the Inspections etc
     
  4. irishluck09

    irishluck09 Light Load Member

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    So 80/20, would you still charge a lease fee for the truck?
     
  5. Judge

    Judge Road Train Member

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    thought you was leasing a driver, meant he had a truck leasing to you.
    if he’s buying like a 1099, be something like a 50/50 split after fuel.
    means you pretty much both split fuel say $4000 gross- fuel $1100/2 $550/each
    $4000-$550 (your part of fuel) $3450x50%
    $1750 for that example

    That’s if your leasing to sale the truck to him.
    just example
     
  6. Long FLD

    Long FLD Road Train Member

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    Why not just pay your driver on W2 instead of “leasing” them the truck?
     
  7. wichris

    wichris Road Train Member

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    Because you have to pay FICA/Medicare/UMC/Comp/File 941/940/State filings/ect. Maybe even offer benefits.
     
  8. irishluck09

    irishluck09 Light Load Member

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    I guess I didn't add that. He's leasing on using my truck, then he'll be purchasing his own. So he wants to lease my truck and then run under me
     
  9. irishluck09

    irishluck09 Light Load Member

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    Cause he wants that gooood money. My trucks bring on about $8500-$9500 a week with maybe $500 fuel a week. But he wants to buy his own truck then run under me
     
  10. Long FLD

    Long FLD Road Train Member

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    So hire him on W2 and pay him 30% of gross. That will still be gooood money and he won’t be making the payments on something that doesn’t have his name on the title. Then when he has his own truck just lease him onto your authority.
     
  11. Ridgeline

    Ridgeline Road Train Member

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    So he is free to pick his own work and run when he wants?
     
  12. roundhouse

    roundhouse Road Train Member

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    This

    Why would you lease him your old truck ?
    When the engine blows after he’s been on the road three weeks , whose gonna pay for the repairs ?
    You ? or him ?
     
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