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- เผยแพร่เมื่อ 11 ต.ค. 2024
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Valuable information ! Out of all the videos I watched on this topic you explained everything perfectly for me to understand what I want to do 🙏🏻 I appreciate it
No problem brother I am glad it helped you check out my play list for tnt they have the macro and stuff that can be helpful
Just some things I’ve heard about leasing while going through my psd training phase with prime. I heard they take money out of your check automatically for tires/maintenance. Also, I heard your truck will still be on warranty and you can still get insurance through prime. This was told to me by someone who is getting ready to lease and he spoke to someone who is currently in a lease with prime.
This person is honest & advice us where we have to be, Thanks Brother.
Anytime knowledge is power
This is the exact info I was looking for, appreciate it. Just like you said, I’d probably go company first and around the year mark I’ll make the decision wether to go lease or not. Great video.
Any time I hope you make the best decisions for yourself
I've been searching for good knowledge on leasing versus company driving and I think this video actually has some of the best knowledge in it their found anywhere I like the whole idea of being covered driver for 6 to 9 months before making your decision that just kind of hedges your bet there
For sure glad to help
Yep. Good points. Good to see you. Who makes more depends on the driver. I have made more than some lease ops and know some lease who make more than me. The true comparison is the PROFIT in cents per mile. Revenue minus operation costs divided by miles for "Lease to date" is the best way to determine your actual profits. Many lease ops do not know what those numbers are. They aren't prepared and have the potential to get themselves in trouble.
Right
The big difference between company and lease op is one can actually see the expenses and the other doesn’t. If the truck isn’t moving on either side nobody is making money. Either way every truck has a payment and I’m sure Prime doesn’t want to flip the bill for every company vehicle on the fleet so it becomes the drivers responsibility. Just because you don’t see the expenses doesn’t mean you’re not paying it by running.
@@wbrown8080 there is a whole lot more to it than that. As a lease ops you are obliged to a $10k negligence fee for accidents such as roll overs, jack knife etc. A company driver just gets fired OR even put back into training. The lease ops is financially responsible for the load....which means if you have a hard break or take a curve too fast and didn't secure it...you are responsible for the $50,000 plus. One guy ruined a load over a million dollars. So one false move can bankrupt a lease but get a company driver fired. And company drivers actually do get paid to sit....vacation pay (i get 3 weeks a year) sick.pay, break down pay. I also have workmans comp which lease ops don't and many don't have health coverage. So I get hurt i am covered.
@@TruckerKearsey and if you prepare yourself as a “business owner” you’ll have those parts the same way as a company driver. If you do have a roll over you will be terminated and guess what company is going to pick you up after that on your record. I’m not here to argue which is better all that I’m saying is a truck note, gas and insurance has to be paid by any driver regardless company or lease. Hence the words if you don’t run nobody makes money.
@@TruckerKearsey plus you just made my point because someone is still responsible for expenses. As a company driver you don’t see them.
Do Not enter into a long term obligation before you have had time to
decide if driving truck is for you. If PRIME is for you. Many dont take
to it. Its not a regular job. Some drivers like it because of that. Some
dont.
!
Yeah
You seem like a very nice person. Thank you for the video
Any time thanks
Wow giffty here back @ Williams college. beard looking great. How teaching going?
Great as always! How are you?
I'm confused about going lease or company. Thanks for information
Your welcome hope it helps you out
My advice for anyone new looking at going with prime. I’d tell them to go somewhere like Knight instead for their CDL. Because I’m sorry Primes TNT forced teams training is incredibly longer than any other training company out there. Knights is 4 weeks then you get your own truck. And unlike prime it’s not a “maybe”. With prime you get your 30k and upgrading is a “maybe”. I’ve heard of people having to spend another 4 weeks on a trainers truck doing teams before they were allowed to upgrade. Then do 6 months with knight and bounce over to prime and you get out of the 3-4 months of their bullshit TNT training that’s frankly making prime and the trainers a killing at the expense of the new driver.
Thanks for the info
Well said. Lease is not for the weak. The only thing you didn't cover is that a lot of lease guys fail because they don't think about their taxes. If you don't plan you fail.
True statement
They also fail because they let their debt to income increase. So instead of managing their finances they go buy new cars and what not. Then their paying on a car they only drive once every few weeks
@@erick1076 right you need to live in between you means
@@TwiztedD precisely. Or below lol. My monthly bills is 1k a month and im just starting my lease with prime. Delivering my first load today
See that's what's up now save like crazy and pay cash for a house. A house never loose its value.
You'll never own it people I'm a real retired owner operator bought my trucks through banks lease purchase never comes out good please be careful
Yep never do
Great upload!!!!!
#AwesomeHaircut
Good information Sr. Let see what happens in my job after 20 years operating a 60 and 40 ft. Bus here in Chicago Transit Authority the company is mandating this injection that I refuse to take by December 17th. I have done a lots of research and Prime Inc and also Roehl got my attention.
Lol had lots of bus drivers. All drive good but struggle in backing because they forget it bends lol 😆 😂 🤣
@@TwiztedD true on the backing we don't do it very often except when we operate an articulate bus, but I will be looking forward to what ever happens here at my job and also looking forward in operating a Truck. God bless
@@cintroneric yes sir
Cool meeting you out here bro
Same to you
I worked for Prime For over 3 years and had a great Dispatcher that made me money. I was a company driver and told my trainees to ask questions to all drivers and decide how to go I told most to go company and learn the Job and how the business works. Your comments were dead on.
Thank you
Your “great dispatcher” made PRIME good money, you just got the “crumbs” leftover, that is the reality of working for a mega carrier, they are all the same
@@kenburkard that’s the case with any company driver anywhere. The company is getting the bulk of the money. That doesn’t make being a company driver a wrong choice even with a mega carrier. Having all the liability and responsibility that comes with owner operator isn’t for everyone.
@@bill_veteran_freedom4822 you’ve got a valid point! I’m just not a “company” kinda guy and quite frankly, the pay scale is vastly different ( at least in my experience it has been ) you are correct, not everyone can be an owner operator, EXCEPT that once anyone who gets out here and has a need for more independence and more money, they eventually find themselves going down that route!
@@kenburkard yeah and a lot of drivers go down the owner operator rabbit hole and fall flat on their faces. And right back to company upside down they go. You’re not talking to a rookie here I’ve got 23+ years doing this.
Good points made,
Thanks
You could also go with a “starter truck” but you had better be handy/ mechanically inclined preferably with a background in diesel mechanics and a nice fat bank account
Very well explained. Appreciate it D!
Thabks
Don't do ether your a better man that go to a smaller company Don't get your dreams crushed
Right
Any experience with the private fleets in prime? I see they pay little more and have trucks set up for drivers. Just did not know if that might be an avenue to look at.
Yeah do that research and if it is a good fit do it
Lease has been grate to me
I'm a little pissed man, youve only got one hater on this video... your not doing it right id you don't have more haters here lol. What's up bud, I just got that message about the 2018 wreck and holy shit that was bad
Lol it was something else
Good info!
tank you man !
Your welcome
Well, how many days is a "weeK' when you are a company driver? Is it a reg work week, Mon - Fri? Or Mon - Sun?
Also, do you "have" to take a day off after 1 week?
I work 7 days a week
You request days off when you need off the rule is 1 week of work equal 1 day off
@@TwiztedD perfect! Thank you!!
Im on my first load as a solo lease
That's good
How much do you set aside for taxes just an idea I thought maybe using the .20 cents per mile to efunds to save up put aside..
Sorry I am company
@@TwiztedD ah ok thanks anyway man hahah be safe out there ! Snowing out here in Ohio!
@@TheRroovictinN you keep that snow up there
Kearsey doesn’t recommend to lease where as Trucker JJ says go lease . It’s a toss
I recommend got company for atleast 6 months
Leasing is ridiculous truck payments are over 5k a month its not for the weak its for the stupid your on a 1099 no health insurance you pay for fuel,tires,maintenance and its forced dispatch dont care what you say,just buy a good used starter truck learn the business.
You are 100 percent correct Sir, try telling these guys the truth and they don’t want to hear it
@@kenburkard , are u speaking from experience or he say/she say ?
@@tre_4 unfortunately from experience- decades ago I made that mistake! That’s how you learn! Unless you’re financially ready for your own operating Authority, insurance, truck & trailer don’t do it!
Or do I purchase from Pedigree?
There is an option 2
Does all your loads have to come directly from prime or can you negotiate loads through other different companies?
All from prime
So as company you can bobtail home? I thought it wasn’t permitted.
Depends where you live. In Texas I could, but now I live by the terminal so no.
My research on the mega carrier leases is that their program is designed for 2 drivers you need to have an extra driver to make money!
Two people in a truck always makes more money
Cap. Bet this dude doesn’t even run teams. Lol
How about who cares
Thanks for your input
I care tf