Does anyone know about Prime?

[tbogle]

Can you answer these questions? Is there a buyout option? Is there a balloon payment at the end of the lease? What are they paying in fuel and maintenance? Are all plates and permits paid? Is there a tire program? Is there a Qualcomm fee? What do PM's cost? Is he allowed to fuel anywhere? Is he allowed to receive maintenance anywhere? Are APU's provided free of cost or do you get a discount on one? Are there accounting fees? Is Pre Pass and EZ Pass etc. provided? What is their fuel surcharge based at? What mileage rate was promised? After all expenses are deducted how many miles would he have to run to turn a profit? Remember you are at their mercy they are the hand that feeds. Good luck and stay safe.

There are only a few questions here that I can answer, since i dont remember all of this stuff off the top of my head. There is a tire program, no qualcomm fees, he can fuel and get maintenance anywhere. APUs are provided (they are already on the trucks), of course there are accounting fees but only if you want to take that no accountant is going to do it for free. the rest i wil have to get back to you later on because i am not for sure on them.

[tbogle]

here is the rest of the information that i have, dont know about the buyout. no balloon payment. We are only suppose to pay 1.20 at the most for fuel, not for sure about maintence. We pay the plates. Yes we do pay for qualcomm, i think before i said we didnt but i was wrong about it, it is included with the truck payment. We do pay for APU, they dont just give it to you or let you borrow it for free. One question that I have, why would you want someone to pay most of this stuff for you anyway? I thought the point of doing a lease was to beable to run your own truck one day? What do you do after you have somone pay everything for you and you make it just fine and then you own the truck and have to start paying everything yourself? Pretty much you are starting out on your own and have no idea at how much it actually cost then. I could be looking at that the wrong way but I think if you are going to try to lease a truck from someone and hopefully own it a few years later, you should at least know exactly what it is going to cost you.

I forgot to add before, we are not suppose to receive anything for under .80 per mile and if that was all he was to get in one week with a truck getting 5.5 mpg, he would have to run 1500 miles to come out a few dollars ahead. He has been talking with different drivers around the terminal and the average that they were getting was anywhere between 1.20 to 1.46 per mile.

[1TruckDrivinSunUvAGun]

Here's a spreadsheet to see if your coming out ahead.

Zoho Sheet

[tbogle]

Where did these numbers come from? Never mind i just realized it was something i could put the numbers in for myself, I thought i was something you put the numbers in for me.

[1TruckDrivinSunUvAGun]

You catch on quickly, you might want to go over to Truck.net TruckNet® Drivers RoundTable • View forum - The Drivers RoundTable and ask your question there are a lot of guys over there that are owner ops and have done lease purchases.

[tbogle]

hey i cant help it, it was late and i had been up for about 19 hours. I havnt gotten a chance to put the numbers in but it does look like a pretty good setup there

[Syncrosonix]

that's the same thing i hear from cr england drivers. it's not so much a good setup once they're neck deep in england's chit.

[tbogle]

that's the same thing i hear from cr england drivers. it's not so much a good setup once they're neck deep in england's chit.

All i was talking about was the spreadsheet being setup well...