The moment they hand you a fuel card they become your banker

Discussion in 'Lease Purchase Trucking Forum' started by peekaboonotyou, Aug 9, 2019.

  1. x1Heavy

    x1Heavy Road Train Member

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    Do we throw this onto another pile of failed Leasing?

    I don't understand how one person can own say 50 trucks and thrive to become 100 trucks in 10 years by him or herself while one driver borrowing a truck from a company fails.
     
  2. drvrtech77

    drvrtech77 Road Train Member

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    Obviously someone doesn't have business sense...
     
  3. MartinFromBC

    MartinFromBC Road Train Member

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    No business sense like the post above this said.
    And these clowns make bad lease deals.
    Never leased a truck or trailer in my life.
    Not a piece of machinery either.
    Every 2 years I rent a wash plant for a couple of weeks, that isn't the same thing, but about as close as I come.
     
    D.Tibbitt, x1Heavy and FlaSwampRat Thank this.
  4. Long FLD

    Long FLD Road Train Member

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    I run on a fuel card provided to me by the company I haul for. It’s worth it to me as we get some pretty good discounts. I’m not following the logic of @peekaboonotyou at all. Why should the amount deposited natter at all? Somehow it will make me look better to have larger deposits and more deductions if I buy my own fuel? Any banker worth their salt knows it takes fuel to run a truck and if your paperwork is in order they probably don’t care how it got in your tank.

    Judging by your recent posts I’d say you found out that paying for someone else’s truck while your name isn’t on the title wasn’t such a good idea. It pays to do some research.
     
  5. darknessesedge

    darknessesedge Medium Load Member

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  6. starmac

    starmac Road Train Member

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    I have a company fuel card in my pocket, I have never used it. No particular reason,but not used to running under some body elses numbers and I know there will not be any deductions coming out for fuel.
    I just don't see the point of using it.
     
  7. Long FLD

    Long FLD Road Train Member

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    No discounts with it? The guy I load for gives us the Ambest card and we can be anywhere from 30 to 50 cents off the pump price. I believe the most we pay is 5 cents lower than cash price at non-Ambest locations but I’ve never used it at any to check the price on my settlement.
     
    wore out and Cabinover101 Thank this.
  8. Cabinover101

    Cabinover101 Light Load Member

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    Yeah, most big carriers get significant fuel discounts off the pump price. Well worth it!!
     
  9. starmac

    starmac Road Train Member

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    LOL, We are pretty limited on where we can buy fuel in Alaska, no discounts. lol
    In fact on of the bigger outfits that everybody leases to, will front you fuel, but at a higher than pump cost from what I understand. lol
     
  10. Cabinover101

    Cabinover101 Light Load Member

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    I fueled out at Alcan Border. The campground where guy is open 8-8 The DOT officer in Anchorage asked me where I fueled last, I told him. He said , oh "Tok" I said nahh I was a long way from Tok :) I was out by the Border
     
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