Surprised at Prime Lease Purchase

Discussion in 'Lease Purchase Trucking Forum' started by texasmorrell, Dec 14, 2019.

  1. skellr

    skellr Road Train Member

    Joined:
    Jul 17, 2011
    Messages:
    8,737
    Thanks Received:
    12,187
    Location:
    The Village, Portmeirion
    0
    They aren't a flat rate company. The do have an opt-in "guarantee program" where you will never make less than $1.20 (or whatever it is now). So, if you take a crap load they will loan you the money to bring the pay up to $1.20 a mile or whatever minimum it is nowadays, then you pay them back from the next load that pays more... Plus interest....

    Not sure who would want that, but some take it...
     
  2. skellr

    skellr Road Train Member

    Joined:
    Jul 17, 2011
    Messages:
    8,737
    Thanks Received:
    12,187
    Location:
    The Village, Portmeirion
    0
    The fuel bonus used to be really good. Company drivers could bring in that much every week. But then they changed it because they were paying out more than what they were saving.

    Last I heard the fuel bonus was only 25%of whatever it was you saved in fuel? Not really worth it unless fuel is $6 a gal.


    Next time you talk to someone on the phone ask them about the current fuel bonus, I think whatever is on a website is outdated.
     
    texasmorrell Thanks this.
  3. spyder7723

    spyder7723 Road Train Member

    Joined:
    Mar 31, 2013
    Messages:
    15,471
    Thanks Received:
    25,075
    Location:
    sarasota, fl
    0
    Have you never heard of nastc?!
     
    Dave_in_AZ and Cabinover101 Thank this.
  4. texasmorrell

    texasmorrell Medium Load Member

    Joined:
    May 3, 2012
    Messages:
    597
    Thanks Received:
    625
    Location:
    Lone Star State
    0
    Nope
     
  5. spyder7723

    spyder7723 Road Train Member

    Joined:
    Mar 31, 2013
    Messages:
    15,471
    Thanks Received:
    25,075
    Location:
    sarasota, fl
    0
    Well look it up. The only truck operators that pay pump price are the ones that can't get their act together.
     
  6. texasmorrell

    texasmorrell Medium Load Member

    Joined:
    May 3, 2012
    Messages:
    597
    Thanks Received:
    625
    Location:
    Lone Star State
    0
    That describes me perfectly. And I promise is soon as I’m done spending all of Mercer’s money down here in Cancun I’m going back to Texas and I’m going to get my act together.
     
    unloader Thanks this.
  7. JonJon78

    JonJon78 Road Train Member

    Joined:
    Jul 1, 2018
    Messages:
    7,156
    Thanks Received:
    39,334
    0
    Have you always paid pump price the entire time you've had your authority?
     
  8. texasmorrell

    texasmorrell Medium Load Member

    Joined:
    May 3, 2012
    Messages:
    597
    Thanks Received:
    625
    Location:
    Lone Star State
    0
    Except when I was at Mercer. Other than that I could only get a nickel or a dime here and there. Believe me I checked everywhere.
     
  9. thaistick

    thaistick Road Train Member

    Joined:
    Dec 7, 2014
    Messages:
    1,416
    Thanks Received:
    1,737
    Location:
    OTR/Thailand
    0
    Obviously, you didn't....I didn't think anyone paid pump price.
     
  10. texasmorrell

    texasmorrell Medium Load Member

    Joined:
    May 3, 2012
    Messages:
    597
    Thanks Received:
    625
    Location:
    Lone Star State
    0
    Then please enlighten me.