Said i'd never do this......

Discussion in 'Swift' started by DickJones, Dec 20, 2010.

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  1. DickJones

    DickJones Road Train Member

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    that is your only problem with it? you sure?? Could have swore you had another problem with how high the truck payments are (when you're not the one making the truck payment) And when you say "The only problem I have with it is cost", you're talking about the buyout at the end....NOT the weekly truck payment.

    so which is it???

    you think its never been done becuase you've never personally seen it done. I bet you dont believe in a million dollars, cause you've never seen it. Or what about "love at first sight".....cause you've never seen it??
     
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  3. DickJones

    DickJones Road Train Member

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    thank god....
     
  4. blackw900

    blackw900 The Grandfather of Flatbed

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    Dick loves it when people give up on trying to explain things to him...He usually just puts you in ignore.

    It keeps him from having to deal with reality...:biggrin_25520:
     
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  5. outerspacehillbilly

    outerspacehillbilly "Instigator of the Legend"

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    Is weekly payment not part of cost? Isn't the buyout part of the cost? Isn't every penny spent on the truck or towards the truck part of the cost? I think cost would involve any money that was part of the lease costs, would it not. I guess all of us understand that except you Dick. Once again I think it is you who is not sure Dick.

    He still deals with reality, fortunately for us he's the only one that lives in "his reality".
     
  6. Mastertech

    Mastertech Staff Leader / Admin Staff Member Administrator

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    Alright folks....lets discuss the topic at hand and not each other.
     
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  7. Injun

    Injun Road Train Member

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    I will grant you the company is in it to make money. It wouldn't be much of a company if there was no profit involved. Lease operators really need to understand what it is they are agreeing to. They also need to parse loads carefully for profitability. This includes deadhead mileage. While that 81cpm helps, it in no way pays for itself. I do very well by watching my fuel prices, when and where I fuel...I will pay a higher fuel tax today if I know that, less tax, my per-gallon rate is lower and that excess tax will come off my IFTA at the end of the quarter...being careful about deadhead miles...my average right now is under 5% ytd...weight of loads, terrain... There is so much involved and many (I would say most) lease operators who fail don't understand this part of the business. There is a whole lot more to it than picking up and delivering on time plus how many miles you run.

    Mr. BW9 has been in it long enough to know that it's not how much you run. It's how smart you run. It's planning ahead for time off, PMs, tires, even medical events. You have to look forward at this stuff and be ready for it. In my case, switching companies, by all accounts here, should have ruined me. But I turned in a truck to Prime that was clean, with zero body/paint damage, new rubber and near perfect general condition. And after going through it with their fine-tooth comb, mailed me a check. I hit the ground running with Swift and did not lose beat on making my bills. Things were a little tight, sure, but I had planned for it and knew how I was goig to handle it before it came up.

    Too many new lease operators only see the gross revenue and cannot separate what their net will be if they take this action or that load. They watch as the gross is whittled away by poor fuel choices, running at the top of the governor everywhere they go and taking two days off each week. Yes, they have the freedom to do that. But they don't look at what it will cost them. They start maxing out advances and falling further and further behind. It isn't the lease program that did it to them. They did it to themselves.

    I priced out a new truck speced like this one two years ago. My payments, with 10% down, from a private lender, would have been higher than this truck I sit in today. For a 48 month term. If I finance 20 or 25K at the end of this lease and pay it off in less than a year, it's what I asked to do. All totaled, my fixed payment including insurance, tags and permits is around $675. That is everything except maintenance (put away at 10cpm...my account balance is a little over 5K to the positive) and fuel. That all-inclusive number is more than $100 less than the lease payment alone at Prime.

    Swift's deal is really not all that bad. Unless you jump into the middle of it without understanding the nuances of the business...and then set about peeving off the very people you rely on for your loads. I have found Swift to be very cooperative with me. But then, I don't mind scratching a back or two or solving my own problems rather than run to the window each time something goes wrong. Which it occasionally does. That's life in general. Not just trucking and not just Swift.
     
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  8. DickJones

    DickJones Road Train Member

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    why are you so preoccupied with what others are paying? does it bother you that much?

    and according to your info....you're the one on the mothership....which explains alot....
     
  9. tdcanterbury67

    tdcanterbury67 Light Load Member

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    i got a question injun i going to prime what kind of money could i get if i went company with swift could i make at least $1000.00 a week with swift i dont mind if i stay out 3 or 4 weeks at a time ??????????:biggrin_25519:
     
  10. outerspacehillbilly

    outerspacehillbilly "Instigator of the Legend"

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    :biggrin_25518: Once again you can't answer the question so you revert to going off topic. Typical Dick move.
     
  11. Injun

    Injun Road Train Member

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    As a new company driver, I doubt you would make that much. Seriously doubt it.I didn't start clearing $800 on a regular basis as a company driver until I had six months in. As far as the company side goes, I would recommend Prime over Swift if your main concern is money in your pocket. Prime will run the devil out of you as a company driver. Keep in mind, though, they are an elog company now. You have no wiggle room on those logs. About the only advantage I found with them was they count minute by minute, so it can be possible to have more available drive time. That said, you have to carefully plan your trips so you can be assured a place to park when your shift is up.

    The short answer to your question is no. It is not feasible for a new company driver for Swift to pocket $1,000 at the end of the week.
     
    Last edited: Jan 1, 2011
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