Those that need/want to Fleece Purchase from a carrier

Discussion in 'Lease Purchase Trucking Forum' started by SamTheMan, Jul 6, 2013.

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  1. Gtstang

    Gtstang Bobtail Member

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    No body owns their truck until it's paid off.
     
  2. Gtstang

    Gtstang Bobtail Member

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    The truck is not yours either until it's paid for. The banks owns it
     
  3. leftlanetruckin

    leftlanetruckin Road Train Member

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    WOW! Really? Never would have figured that out on my own, many thanks for those words of true wisdom.

    Martin
     
    passingthru69 Thanks this.
  4. passingthru69

    passingthru69 Road Train Member

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    Yep, kinda like when I had my big trl.
    People would ask that's your trl.?
    My reply, Well it's mine and the bank's trl. They just let me pull it as long as I make the payments.
     
  5. leftlanetruckin

    leftlanetruckin Road Train Member

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    They were true words of wisdom right there Carl huh?
    I think that, in this threads' perspective, owing one means that you can lease onto anywhere and NOT be tied into one carrier, like a flease purchase etc.

    Martin
     
  6. DenaliDad

    DenaliDad Retired Wheel Dog

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    It's now a month or so after the last post, I've read the string, and have a response.

    There are two sides to leasing or owning a truck and operating it. One side exists on the company driver side--physical operation of the unit itself--and the other side does not--the business side. It usually isn't operating the unit that is the problem, though for sure, getting the lead out of that right foot can be painful and tough. It's not understanding the relationship between those two sides. One must have an ability to adapt to the business side and apply those adaptations to the operating side.

    And then there is the ultimate truth: Do that well and even then success is not guaranteed.

    Businesses fail all the time, even when led by competent leaders; remember Woolworths? Circuit City? Lehman Brothers? No business owner wakes up one day and says, 'today, I think I'll shut the business down.' All one can do is mitigate the chance of failure by education and hope that the end of the pat cycle shows positive numbers.

    You might be a Super Trucker and the World's Best Businessman, though I doubt it. You might be the world's Dumbest Rock, but I doubt that, too. Bluster, blame, and making broad, all-encompassing, non-specific claims won't help. Neither will using derogatory terms. It is, however, very helpful to know which trucking companies help drivers succeed and what helpful tips you can share from your own successes and failures, which I know you've had.
     
    Last edited: Sep 19, 2013
    Rawze Thanks this.
  7. DrivingForceBehindYou

    DrivingForceBehindYou Medium Load Member

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    why would you compare yourself to lease operators with a dry van?
    with their experience level and lower cost per mile they can and are happy to net a thousand dollars a week.
    and for the husband and wife team it is naive to think that you would be as successful driving solo. you need lots of miles to cover your overhead and make a decent paycheck.
    and honestly two point five dollars for odometer mile is too low if u haul oversize.
     
  8. DrivingForceBehindYou

    DrivingForceBehindYou Medium Load Member

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    you are just spinning. wheels I quit from a company that averaged $2per mile for a company that averages 2.25 dollars a mile. some of that drop and hook as well
     
  9. leftlanetruckin

    leftlanetruckin Road Train Member

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    Guess I missed this little gem.
    Net figures are still net figures, regardless of the trailer etc. Get it yet?
    I would no way chance running a truck for $1k a week NET.
    As far as what I make, your opinion means little to me. I make good money doing what I am doing, especially withe the DH involved in that figure....Remember that NET term.

    Martin
     
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