Trucker Forum - Trucking & Driving Forums - Class A Drivers

Trucker Forum - Trucking & Driving Forums - Class A Drivers (https://www.classadrivers.com/forum/)
-   Owner Operators Forums (https://www.classadrivers.com/forum/owner-operators-forums-105/)
-   -   LEASE QUESTION (https://www.classadrivers.com/forum/owner-operators-forums/32259-lease-question.html)

MANIACGATOR 02-07-2008 09:27 PM

LEASE QUESTION
 
Ok Consider This For 1 Year You Are Paid .50 Cpm As A Company Driver Working As A Contractor Basicly You Pay Your Own Taxes .40 Of That Is Yours .10 thqt is not taxed Is Put Into An Acct. Running 4000 Miles A Week Busting Your ### Cause It Is Called Work For A Reason.Runing All 48 States Main Lanes Being East Of Ms River.

Between 15,000 To 20,000 Depending On That Time You Spend At Home. Off Of The .10 Cpm Then At That Time You Are Able To Put Down Payment On Truck Also Save And During That Year Off Of The .40 Cpm Put .05 Cpm Into An Acct For Maintince And Taxes To Teach Your Self Saving Pratices As You Will Need To Learn. Along With Other Vital Teachings Of Running Your Own Buissness. That Still Leaves $1,400.00 Gross Give Or Take A Little For Home Time And Miles.

Then You Will Be Ahead Of The Hundreds Of Lease Purchesers Out There. Ok At That Time You Can Lease A Truck For Fair Market Value Such As For Example 60,000 Frieghtliner Columbia 2006 250,000 Miles With A Remaining Ballance Of A 500,000 Mile Warenty. At A Payment Of $500.00 A Month For 2 Years. Lease Purch. Paying A Price Per Mile Of $ 1.35 Plus Full Fuel Surcharge From Broker. Base Plates Paid And All Permits. No Over Milage Cost Or Any Other Invented Cost Such As Payroll Taxes Or Any Other Thing That Other Leases Use To Get Your Money.

Same Amont Of Miles Being At 4000 To The Last Day Of Lease, Last Payment Is Made Truck Is Yours.

Would You Do That. Is That A Good Deal? Just A Question I Have For Yall.

GMAN 02-07-2008 09:54 PM

You are not going to be able to run 4,000 miles per week, every week. You will more than likely run between 2,500-3,200 miles per week on average. I do like the idea of saving for your truck. That is the smart way to buy. You don't need to spend $60,000 to buy a good truck.

MANIACGATOR 02-07-2008 10:13 PM

Why could you not run that or at least close to that every week, as long as the loads are there, why not its called work. Lets say the freight is there could you do it then? And that you had a truck with no break downs compleatly drop and hook or at least fast unload and reload could it be done then?

GMAN 02-08-2008 12:14 AM

There are two problems with trying to run 4,000 miles every week. To begin with, the freight isn't going to be there every week. We have slow times of the year when getting more than 2,500 is a real challenge. Another thing is that you will not be able to physically do it every week. Driving is physically and mentally demanding. I don't know of anyone who can drive that many miles each and every week. Finally, you will likely not be able to drive that many miles legally each week. You are only allowed 70 hours of work time each week. You will need to fuel and inspect your truck. There will be equipment failures, blown tires, etc., Repairs take time away from your productivity. If you run in Ohio, Indiana and Illinois, you won't be able to legally run 4,000 miles per week. The speed limit in Ohio is 55. Industry wide, you will find that most drivers average from 2,500-3200 miles per week. During the slow time of year a driver may not get more than 2,200 miles. If there is a company for whom you want to work, I suggest that you call them and ask about their average weekly mileage. I doubt that any will admit to 4,000/week unless they are talking about a team.

02-08-2008 12:25 AM

I agree, you can't run that hard. You also have to reset every week too. The loads are not going to come one after another. Some times I show up at the customer site at 6am and don't get unloaded until 12. Then I dead head 2 hours for the next pick up and finish loaded at 5pm. Now I'm dead and the whole day was nothing but unload and load.

I think 3,000 would be more realistic for a person with his own authority but leased on to a company, I don't think so. I've talked to many drivers who have sat for many days waiting for a load, dead headed 500+ miles or had to take a load for next to nothing because that's all there was.

Rev.Vassago 02-08-2008 12:31 AM


Originally Posted by SteveBooth
I think 3,000 would be more realistic for a person with his own authority but leased on to a company,

:roll:

Heavy Duty 02-08-2008 01:18 AM

4000 miles a week, mostly east of the Mississippi, don't think so, that requires 571 miles a day, 365 days a year.

Any solos here run 208,000 miles last year?

dk1ben 02-08-2008 01:45 AM

why not buy a cheaper truck so you dont have to run so many miles to keep up? I know my situation is a little differnt but I just got a 98' Western Star 750,000 miles on it for $20,000. Now thats a lot of miles but I can buy three of them for the price you stated for yours. That gives me just as many miles I can milk from my three that you can get from your one. And if one dies, just get another and use the dead one for parts. Now it takes some work running older equipment but it can be done. Heck we ran cab overs up until two years ago.

But again we use them on our farms and dont run any where close to 4000 a week. But you can live in them and still get the job done. Sure they dont have fancy leather or a CB that will transmit to the moon. Or even all there mirrors... Who needs them anyways. HAHA

Just shop around for a good deal and save some cash.

MANIACGATOR 02-08-2008 05:34 AM

OK HEAVY DUTY........ AT YOUR FIGERS THATS 571 FOR 7 DAYS COMES TO 191,856 INSTEAD TRY 665 FOR 6 DAYS WITH THE 34 HOUR RESTART THATS ROUGHLY 4156 A WEEK IN A 4 WEEK PERIOD AT 60 MPH FOR 11 HOURS IS VERY LEAGAL FOR ANY STATE OVER THE 65MPH SPEED LIMIT.


NOW IM NOT SAYING 4000 WEEK IN AND WEEK OUT BUT AN AVARAGE OF 4000 I DONT UNDERSTAND HOW YALL SAY IT CANT BE DONE IF THE LOADS WERE THERE QUICK TURN AROUND ON DROP AND HOOK AS A SOLO DRIVER NOW I HAVE BEEN DRIVING FOR 9 YEARS AND THEY SAY SLOW TIMES FOR FRIEGHT I PERSONALY NEVER HAVE SEEN THAT I HAVE NEVER HAD TO SIT AND WAIT ON LOADS UNLESS I WAS PULLING A REFFER AT BEEF AND PORK PLANTS. NOW IT MIGHT BE INDUSTRY WIDE BUT AS A DAY TO DAY DRIVER I HAVE NEVER SEEN IT.


AS FAR AS BREAK DOWNS GO I KNOW IT WILL HAPPEN THATS A GIVIN BUT I NEVER SAID THAT IT WOULD BE 4000 MILES EVERY WEEK THERE WILL BE BAD WEEKS FOR THAT AND HOME TIME BUT OUT OF THE 52 WEEKS A YEAR WY CANT YOU THINK OF 42 WEEKS BEING AT 4000 THAT GIVES YOU 10 FULL WEEKS A YEAR FOR TIME OFF AND BREAK DOWNS


NOW PEOPLE THAT ONLY RUN 3000 MILES IN MY OPINION DONT LIKE THE WORD WORK WHY WAS THAT WORD INVENTED? AND WHY ARE YOU EVEN DOING IT IF YOU DONT WANT TO WORK?

Rev.Vassago 02-08-2008 07:06 AM


Originally Posted by MANIACGATOR
OK HEAVY DUTY........ AT YOUR FIGERS THATS 571 FOR 7 DAYS COMES TO 191,856 INSTEAD TRY 665 FOR 6 DAYS WITH THE 34 HOUR RESTART THATS ROUGHLY 4156 A WEEK IN A 4 WEEK PERIOD AT 60 MPH FOR 11 HOURS IS VERY LEAGAL FOR ANY STATE OVER THE 65MPH SPEED LIMIT.

Last time I checked, a 34 hour reset takes a day and a half.

4000 miles in 5 1/2 days = 727 miles a day. Good luck doing that legally. :roll:


All times are GMT -12. The time now is 03:34 AM.


Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved