[Cluggy619]

I ran across this site, http://xxfreight.com/index.html , and the idea of owning the truck for the pay seems pretty good.

I thought to get some ideas about this program, and see if anyone know the company...

[Cluggy619]

Got some more info.

Called the company, and was told the following:

Still looking for people who worked for this company.....

Are there any other companies that offer something like this?

[dollarshort]

No thanks! It Wil-Trans....Just Prime in different wrapping paper. Good luck :roll:

[Drakmare]

I'm no expert by any means but reading around the site this is what I gather into my feeble brain


Driver:

Pros
---------
.40 per mile
own truck after 2 years

Cons
---------
.40 per mile
Maintenance costs
forced dispatch
no escrowed taxes
no benefits IE: health insurance


Company

Pros
------------
Employee is a private contractor therefor no TAX headaches
No benefits to pay for employee
No maintenance costs on the truck
re-lease the truck again if driver leaves early

Cons
-----------
If the driver completes 2 yrs they have to buy a new truck





Seems to me the Pros far out weigh the cons for the company more than they do for the driver. Unless someone else wants to chime in here with something I missed?

BOO thumbs down to this lease!

[larryh31]

If you want to be an O/O, save up your money and buy a truck from a dealer. If this means eating a peanut butter & jelly sandwich instead of that $15 buffet, than so be it.

If your credit is all messed up, get it together. Contact http://www.lexingtonlaw.com/ for help if you need it. I have been working with them for 9 months and my credit score has jumped up over 100 points, so they are legit.

[Cluggy619]

Originally Posted by dollarshort

No thanks! It Wil-Trans....Just Prime in different wrapping paper. Good luck :roll:

Even though this company is the first I have seen doing this, I doubt it's the first that did it.

Any other companies offering the same? Or something close?

[Cluggy619]

Originally Posted by larryh31

If you want to be an O/O, save up your money and buy a truck from a dealer. If this means eating a peanut butter & jelly sandwich instead of that $15 buffet, than so be it.

If your credit is all messed up, get it together. Contact http://www.lexingtonlaw.com/ for help if you need it. I have been working with them for 9 months and my credit score has jumped up over 100 points, so they are legit.

Very good advise. I was just curious about this type of program....have you seen this with other companies?

[Cluggy619]

Originally Posted by Drakmare

I'm no expert by any means but reading around the site this is what I gather into my feeble brain


Driver:

Pros
---------
.40 per mile
own truck after 2 years

Cons
---------
.40 per mile
Maintenance costs
forced dispatch
no escrowed taxes
no benefits IE: health insurance


Company

Pros
------------
Employee is a private contractor therefor no TAX headaches
No benefits to pay for employee
No maintenance costs on the truck
re-lease the truck again if driver leaves early

Cons
-----------
If the driver completes 2 yrs they have to buy a new truck





Seems to me the Pros far out weigh the cons for the company more than they do for the driver. Unless someone else wants to chime in here with something I missed?

BOO thumbs down to this lease!

Well, the site states that health benifits are available. However, your right, more pro's for the company than driver.

And the pay is alittle low. I guess it's to compenisate for them paying for the fuel.....still low, though. :?

[devildice]

Originally Posted by Cluggy619

Got some more info.

Called the company, and was told the following:

Still looking for people who worked for this company.....

Are there any other companies that offer something like this?

I too was curious about this and emailed them. They told me exactly what you mentioned except that the program was normally 3 years but in certain circumstances it can be only 2 years. They also said that their trucks (only 2 available at this time) are 1999 Freightliner FLD and a 2000 Freightliner Century both with 700,000 and 800,000 miles on them. :shock:

I emailed back and asked for more info on the trucks.....response: 1999 & 2000

[Cluggy619]

Originally Posted by devildice

I too was curious about this and emailed them. They told me exactly what you mentioned except that the program was normally 3 years but in certain circumstances it can be only 2 years. They also said that their trucks (only 2 available at this time) are 1999 Freightliner FLD and a 2000 Freightliner Century both with 700,000 and 800,000 miles on them. :shock:

I emailed back and asked for more info on the trucks.....response: 1999 & 2000

Yea...the trucks leave alot to be desired..... :? Suppose to have a new inframe overhaul after a year... some parts not included in that overhaul... injectors, water pump, parts like that NOT included... :shock:




Still wondering about other companies.........