Hi everyone! The company I drive for as company driver allows some drivers to switch for lease and the difference in income is huge.The drivers I talked to reports 2 times more income after all expenses then company drivers for doing the same job. Same dispatchers. Dry van.1700$ per week payment for truck, trailer, insurance, elog. I personaly make around 2700$ weekly driving 3600 miles and 0.75 c/mile. 1099 tax form. They claim making average 5000$ weekly after all expenses. How this can be? Is there any trick or it is real now? What is the point for company lease their trucks and let some guys make 2 times more $ for the same job that company drivers do?![]()
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Lease op income 2021
Discussion in 'Lease Purchase Trucking Forum' started by Slim one, Jun 26, 2021.
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Sounds high for the payments. My weekly payments for truck, insurance, elog, etc. is around $780, plus fuel. I GROSS around $3,800 to $4,500 a week and NET around $1,800-2,000 before taxes. I've dealt with breakdowns and still have never exceeded my maintenance escrow they withhold. By the time I pay for taxes and health insurance. I'm paying myself $800 a week and keep the remainder of my earnings in my business account for savings which is typically another $300-500 a week after taxes. On the company side, I never did a full year as a company driver but the 8 months I was company, I was on track for $58K, taking home around $800-1,000 a week. They pay is not much higher, but at the same time I choose where I want to go, drive a lot less, and I'm home a lot more. When I was company under forced dispatch, I was staying out weeks and driving 2,800+ a week. Now I'm taking 3-5 days off every couple weeks and averaging around 2,000 miles a week. If you weren't as lazy as me and still wanted to drive hard, you could make a lot more. But I'm happy with what I got at the moment. Once used truck prices go down, I plan on buying one and going on my own authority.
Fatty McCracken, Jarhed1964 and Slim one Thank this. -
I doubt it’s 5g after they expenses, probably before, then after fuel, around -1300/week then the -1700 Leaving Around 2grand but you’re responsible for all expenses, breakdowns, no revenue in while truck in shop, but plenty of money going out.
Jarhed1964 and Slim one Thank this. -
I make any where between 0 to 6k aweek after expense where are you buying your fuel REMBER TRUCK DRIVING IS A INDIVIDUAL JOB ...IT UP TO YOU
Jarhed1964, slow.rider and JoeTruck Thank this. -
I want to see proof.
I can say I make 10k a week.
No.
Let’s say 100,000$ a month. That sounds better.
Let’s see paperwork.
Last 7 days.
ALR & WRT is broker fee for the two I hauled for, not lease op, but owner/opJarhed1964 and slow.rider Thank this. -
Ask and you will receive
Attached Files:
slow.rider Thanks this. -
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slow.rider Thanks this.
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Grain haulers don’t get FSC,
Very few do anyhow, some companies if you lease to will have.
My payment aren’t 1700/week for truck trailer and insurance, it breaks down 805/week for all three, with insurance being the highest at $350Jarhed1964 and slow.rider Thank this. -
When the truck breaks down. Its all on you .
The tow bill and the repair bill and the loss of revenue while your truck sits at a shop for Six weeks, because they can’t get the parts because of covid.
But you’re still making the truck payment and insurance payments
if you’re a company driver , you hop in another company truck and keep rolling.
But the success or failure of owning your own truck comes down to how well you can manage the business end of the trucking .
And can you do the small repairs ?
Or are you going to be calling a roadside mechanic or putting the rig in a shop every time it needs a new headlight or a new sensor for the emission system ?
can you read the engine trouble codes and figure out which of the hundreds of sensors is bad and replace it ?AramatAz and slow.rider Thank this. -
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