Driver pays for actual payment that it costs to the company
Tires- any repairs, fuel, and insurance..
Gets 85% off the gross
This is a "Lease Operator" through our company
Big question is?
Is there a down payment?
How long for payments? 60 months? 72 months?
How much is payment?
Will there be any balance due at end of payment?
Is this a walk away lease?
Can truck be taken to a different company if not happy with yours?
There’s a few more questions, but think you get the idea!
Much more info is needed
I generally advise to, not walk but run from leases!
Is this a question? Payments repairs fuel insurance seems petty standard to me.
You get 85% and they get 15% for running the back office (finding loads, paying you, authority, billing and collecting customers, #### ton of paper work etc..)
Percentage load companys pay, like rates are all over the place. Some will say 85% is not enough, others wlll say they wish they were getting that much.
Where are you based?
Do drivers pick their own freight, and make their own hours? Can they go home whenever they want?
Has your company ever returned a single escrow payment, and if a driver quits, have you ever paid them their last check?
Edit: F'n responded to a necro'd drive by thread.