yes and the tax advantage. A trac lease is 100 percent tax deductible. We're ownership is it appreciative and which is done overa yearly term .
SCHNEIDER CHOICE PROGRAM - FREEDOM AWAITS " YOU " by JAR-HEAD
Discussion in 'Schneider' started by Jar-Head, Jun 22, 2014.
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Any idea what the succeed:fail ratio is in the Choice program? Some of the non-SNI companies' lease agreements almost prevent success for the lease holder.
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What's considered a fail? If a guy was doing good on the lease bit got offered a local job making the same money so he turned the truck in would that be a fail? Not on my book but others say yes because he didn't complete the lease. -
We had an ICA GENT in our orientation who claimed a 62% retention rate on his board if that gives you an idea.
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The difference is success or failure is based on you and not the company who feeds you the loads ... You choose and have a choice here so the success rate is much higher than a traditional LP cause your the dispatcher and the company does not have much interaction in your success or failure except giving you the tools to succeed
A traditional mileage LP is a much different beast -
Decisions, decisions... -
Difference being stuck on a mileage rate vs picking a higher rate off a load board for a higher over all average
A company who pays for a plate is pennies compared to what you could make over and above a mileage contract on choice -
I am retired and collecting both a pension and Social Security, and my health insurance is taken care of, so my income needs are probably very different from most drivers. Starting January 1, I will have a higher no-penalty income max (a Social Security thing) and on October 1, 2015, all income restrictions are removed. For me, comfort is important and fuel economy is my number 1 consideration, so having a new(er) truck with an APU of some kind is critical. Paying more for it is a worthwhile expense.
The only downside so far is all the northeast travel... -
I disagree. They have to have a certain percentage of successful applicants or the All powerful swamp in D.C. will shut the program down. However, good luck getting a percentage.
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