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Enterprise Just Raised The Prices
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- เผยแพร่เมื่อ 22 มี.ค. 2020
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Enterprise Truck Rental
703 W Edison Rd, Mishawaka, IN 46545
(574) 256-3023
goo.gl/maps/ZR17xdRXAYK1hhyY9
Tow Piglet, thanks for the update! So, the 1st rental bill begins after the 1st month of driving? After miles are calculated, right?
They said they don’t have any trucks.
It says this location is closed. not sure if its because of covid 19
@Tow Piglet
You said in the video that any Enterprise can offer it but not all Enterprise locations do. If there are not any locations near you that offer the Long Term Truck Rental, do you just call the Enterprise in Mishawaka? And, will they have one delivered to your local enterprise, or to you? Or do you have to go to Mishawaka to get your truck?
Also, even if you do have an Enterprise close to you that does offer it, is it better to call Fay (sp?)?
Thank you for sharing about your Hotshot life and experience, by the way. It has been really helpful.
@@GaryMorrisjr did you ever find out any more info?
Thanks for the update, very helpful when I am highly considering this career change. The opening scene is from the Home Depot in Marana Arizona, when I am in AZ, that’s the closet Home Depot. I can see the golf driving range in the back ground
Thanks for the update Alex. Be careful out there. Maybe you can give us an update on the trucking through the Coronavirus situation. How much things have changed out there and if there is more difficulty for the driver.
Thank you for this breakdown! That's info I needed
Great info again! Gonna be sharing this with a few people! God bless!
Thanks for the great info Mr. PIGLET!!
@towpiglet under section 179 of the IRS code. You could deduct the monthly payments so it’s also not money thrown away vs leasing and having money in your pocket
Hi Alex, Be Prepared for an increase any way's. Operational costs are passed down too Every one. if not now, will be within a yr. Large Corps. always passes their operational expenses back on the consumer and that is you... In Wa state, for any thing, they just call it FEE"s and they can increase any time with out any approval but for taxes they have too get permission and usually the voters don't give it.. so they now call it " A Fee Increase". But a great vid.. Thanks
Hi Alex, glad to see you are still hanging in there, I stopped around Thanksgiving. Im trying to get rid of my trailer, if you know anyone that needs one, 2020 33ft Big Tex, all new tires and all the equipment anyone would ever need to start a hotshot business. I'm in Florida, but can deliver. Lee
lee where if FL? equipment you got straps binders chains bungies ect and of course trailer too. can you supply a phone/email might be able to wheel and deal? thanks
don
What's the unladen weight and GVWR?
I went to pick up my truck last week!!!! Thanks for the information
How long do you wait bro?
I just wanted to know how you were doing are you still getting loads as it held back due to the coronavirus keep safe you and your family and God bless you
keep it safe on the road alex, make sure to wipe the fuel pump handles before and after you fill up, and sanitize your hands while you are out there
I wear gloves all the time I guess because I'm a woman driver and had uncles who drove and my husband so I know guys don't wash their hands sometimes after using the restroom then touch the handles pumping fuel 😬😂
Alex, great review and updates on the lease. One question I have if after you have set up your lease and you no longer have to pay that setup fee again, does that apply if you add additional trucks to your fleet like your doing?
Nice video. I appreciate the info
If you can't come up with $300 more, you probably shouldn't be going in to business.
Can you make a video on how insurance for your company works along with the enterprise rentals ?
Great info !
Do you know if Enterprise offers your type of rental in Canada?... Great videos keep em coming!
Hey Alex you said that enterprise doesn’t allow you to make modifications how about installing the gooseneck Do they let you to install your own trailer?
I know this is off the subject of the video but what size tarps do you recommend? I just got my MC 23 days ago and I’ve done 14 loads. A lot of good loads I can’t take because I don’t have tarps. I’ve checked everywhere and can’t find them. What do you recommend? I have a 40ft mega ramp big tex.
Well at least you can rest assured that your Ford has that aluminum body and is a little harder to dent! Lol
I work in thqt area in rocksprings TX south of SonoraTX
Beautiful country out there.
Hey bud I was wondering if you have any advice for someone looking to transporting my wife and I already have a Did you already but I’m a military brat but I don’t know where to start
Hello Alex
Do you know if enterprise offers the same rental in New Jersey? Thank you
can you pick up one of these rentals in or near Southern California
Does .22 a mile cover insurance and maintenance? Just curious why you do not buy your own truck being you’re paying a minimum of $1100 a month for this rental. I mean... a 2020 XL MSRP is a touch over $40,000. With a good interest rate that puts your payments at $500ish a month. That leaves $600 a month for oil changes and insurance. When the truck is paid for you pocket the $500ish in car payments.
@Tow Piglet are you responsible for maintenance, or you bring it in to one of the Enterprise facilities for the day to day maintenance?
There is a Enterprise in FL that does the long term rentals. They were already charging $4k but according to them it was 100% returned at end of contract. The rental at the FL location is a bit different though. It's the same .22/mile but you sign a year contract and the truck rentals are only 30k miles. They also were wanting oil changes at 8k miles not 10k when I talked to them. (talked to them about 5 months ago)
David Which location?
Call Jacksonville location. $2,000 down. $1450/month includes 5,000 miles. Then, $.19 cents/mile after. They might tell you $4,000 down, but ask them for something better during these times. They will go to $2,000.
@@sagage7578 is it still just 30k miles with 1 year contract? When I talked to them they wanted you to turn the truck in every 30k miles instead of 60k.
@@crockett5 I am going this week, but according to what they sent me, its 30k miles.
I could’ve told you this when I picked up my truck.....I thought this was what it was. Guess I just didn’t flinch at the $300. it’s the cost of doing business unfortunately. Instead of flying out I drove.
Plus my truck has the ford pass system and I’m actually really impressed by it.
Need a cookie???
Enterprise is expecting next wave of 2020 Ford 350 Dually Diesel 10 speeds around Labor Day because Ford production is behind due to COVID
Alex, got a question. Do you use enterprise commercial trucks for your business ? I saw a video you did a while back and I think maybe you mentioned it but I may have missed it. Also did you buy a 3500 for the business or is it all enterprise ?
Thanks tp
So @Tow Piglet is the $1000 set up fee really 1 time? SO if you leave after 60000 miles, and come back 6 months later, or that set up fee stay with your company all the way?
I’m thinking in two months truck prices will be cheap. Government might have a buying program. But that lease is a good deal
They're giving them away in Texas
so is only the enterprise from that state ? that does this type of lease?
What's up, Alex! You've talked about weights in your videos but, correct me if I'm wrong, I haven't seen you talk about combined lengths, truck and trailer and the 65ft limit regulation. How do hotshotters keep their bed of their F350 or F450, for example, and stay within 65 feet pulling a 35+5 trailer? Sorry if you've covered this already but I dont think I've found a video on this.
Hi Joe- if you get a tape measure you will find that if you lucky your total length will be within inches of 65 feet - say ur trailer is 40 feet the neck on your trailer is 9 feet or so - that puts you at 49 feet to the middle of your rear axle - so if your truck less than 15 feet from the front bumper to the middle of the rear axle you will be legal... with these three measurements you can easily determine if your legal or not. The 65 foot rule is for combination trucks - that is to say both the truck and trailer are capable of hauling freight. If you remove the bed from a truck so it's not capable of hauling freight there is no over length laws in most states...
His trailer dealer sucks at measurement, the 40 footer is actually 39 and a half. That makes him under 65. Shit ain't always bad sometimes.
Tp.. I had to place my name on a 3 months waiting list and that was back in February.. So I hope to be up and running by May...
Did you ever get your truck? What was the process of so
Which enterprise in Indiana do you use
?
Alex you don’t have to have a cdl to qualify for this do you? I heard a few people say they went to enterprise because they got their cdl.. could you clear that up for me? Thanks buddy
I think you forgot a biggy. The monthly cost of Enterprise's truck insurance.
How’s your truck doing?
The enterprise in Elkhart Indiana told me they charge 2700 a month for the first 3000 miles and 23 cents a mile after that
Were you looking into the month to month or the 6 month, I see that with the month to month but cheaper if you do the 6 month.
the 0.22$ includes the insurance or that's an extra cost?
Do they carry the insurance? Or is that on you
Better question is how much do you pay monthly for your truck in total with everything included and how many miles do you run average a month.thanks bro.still lovin the channel!
AMIR KELLOGG 10k Mile’s equals $2,200 plus the insurance option.
What kind of maintenance is covered on the the enterprise rental? Oil changes/tires? Wondering how much to budget to set aside.
Anthony Panek everything is covered. It’s just the .22/mi
Patrick Belcastro thanks!
Alex question for you: if you were to start out again, would you start with a single rear wheel 2500/3500 or go right for the dually? Thanks
He answered that before. He thought SRW was best for weight. At first. But realized DRW rode so much better, gave better control... he did half million miles SRW. He. Basically said he preferred DRW. I dislike DRW but he makes sense.
You can actually haul more weight with a 3/4 ton F-250 than an F-350 1 ton dually and be compliant with FMCSA regulations (the DOT or officers out on the road pulling people over for inspections and safety for those that don't know).
I will explain below.
For "non-CDL" type of hauling (26,000 pounds and under. 26,001 pounds and over requires a CDL) like Tow Piglet does, a 3/4 ton F-250 pickup has a lower GVWR rating at somewhere between 8,800 and 10,000 pounds depending on year, brand, and model. According to the 10 second Google search I did, the 2020 Ford F-250 single rear wheel 3/4 ton pickup has a GVWR of 10,000 pounds. The 2020 Ford F-350 dual rear wheel 1 ton pickup has a GVWR of 14,000 pounds.
What does all this mean? Well, you have to COMBINE (add together) the GVWR of your truck and the GVWR of your trailer to get a GCVWR (Gross Combined Vehicle Weight Rating) of 26,000 pounds OR LESS. WHICH MEANS that since his truck's GVWR rating is 14,000 pounds, he can only haul a trailer with a GVWR rating of 12,000 pounds. In this weight rating, you have to consider the emoty weight of the trailer AS WELL when considering how much weight can be hauled. If the trailer weighs around 7,200 pounds empty, then "theoretically", he would only be able to haul about 4,800 pounds to stay at 12,000 pounds TOTAL or under. But, it's not that simple as weight distribution or weight transfer plays a part in that as well that can allow you to actually haul more than that. (I'll explain a little bit below)
If he has a 3/4 ton truck with a GVWR rating of 10,000 pounds, he can have a trailer rating with a GVWR of 16,000 pounds which is 4,000 pounds MORE THAN HE COULD HAVE with his dually 1 ton pickup he's using now.
Now, although you could have a trailer with a higher GVWR rating with a 3/4 ton, other factors come into play such as your truck's Rear GAWR (Gross Axle Weight Rating) and weight distribution or how you distribute the weight from the front of your trailer (tongue weight) to your truck (where or how you place the loads on your trailer with some weight being more towards the front, middle, or rear).
Actually, Tow Piglet is at a disadvantage (somewhat depending on how you look at things) in terms of weight he can haul by choosing a dually instead of a 3/4 ton F-250 with a GVWR of 10,000 pounds due to not being able to haul more weight on his trailer. I say "somewhat" because you have to take into account the weight of the trailer itself empty which factors into the overall weight. His 12,000 GVWR trailer probaboy weighs around 7,200 pounds empty (I think the info is somehwere on one of his new vids though). If you had a trailer of 16,000 pounds GVWR, it will likely weigh more which kind of offsets the advantage of having the higher rated trailer. HOWEVER, it is likely only another 500 to 800 pounds at the most. It might not be any different actually in which case, you would have an extra 4,000 pounds (roughly depending on weight distribution) that you could play with (haul).
The reason (I'm just guessing here) Tow Piglet is likely choosing to go with a dually instead of a single rear wheel 3/4 ton pickup is because of safety and/or stability and as others have mentioned, ride quality.
Dual rear wheel (DRW) pickups have more stability in the event of a rear tire blowout. If you have one tire blowout or even one on each side in a matter of minutes or seconds, you have an additional tire on each side to hopefully keep you on the road until you can safely pull off to the side or the next exit. Or, you can choose to maybe "limp" on for a few hundred miles at a slower pace and get you to your destination and then fix your tire. With a single rear wheel (SRW) pickup you don't have that option (obviously). If you have a rear tire blowout completely while you're hauling a trailer with a SRW, you better be a damn good driver to keep it out of the ditch or possibly cause an accident with other drivers (not good for you or your insurance rates obviously).
As far as ride quality, that is arguable depending on who you are and what load you have on. In some cases, a 3/4 ton may ride better than a 1 ton with a heavier load (most trucks actually do ride better with a reasonable load on a trailer than when towing an empty trailer) and vice versa. It really depends on weight distribution.
For "non-CDL" hauling as a hotshot, you are probably better off with a 3/4 ton so you can have a trailer with a higher GVWR and haul more weight overall. If you are looking to be a CDL hauler (26,001 pounds and over), a DRW 1-Ton pickup is pretty much the only way to go.
Personally, I would prefer the 3/4 for "non-CDL" hauling due to the ability to haul a little bit more weight which gives you more options when looking for loads.
Did you get the cheap registration from Indiana like the big truck companies do
phxbro1 the truck is already registered through Enterprise
Nuts! When is this guy going to go big rig? Save your money while fuel is cheep.
When you “just” went up, I’m confused. I got my truck in November and it was $1,000 setup fee then.
Fay informed me very recently about the changes, should I change the title and remove “just”?
Tow Piglet haha! No man, you’re good. Seems to me like they kind of make it up as they go. The $1,000 setup fee I paid has almost been compensated for by now with all the “extra miles” I’ve been given due to one reason or another. This is PCB Hotshots btw.
I have a completely different program or plan then,
I paid $1500 upfront that’s it,
$1500 a month with 5k miles included anything over is $.12cents a mile! I had to install gooseneck hitch myself besides that that’s it
Who are you renting from is there a wait time you know get on a list what truck do you get
Enterprise I got the truck the next day and it’s a 2020 3500
What city or will any enterprise do that
are the plates cdl or non cdl is there a choice and thank you so much
Was here in PA I’m not sure if they are all like this I just called my local enterprise commercial and yes it is CDL has the dot inspection sticker on truck already
I would rent my truck out for less than enterprise will, I am sure I could beat their terms and I don't even know what they are. 2019 Silverado dully with 34,000 miles.
That is what folks need to do.buy trucks,start your own rental BUINESS..stop renting trucks if you want to make money..can't make profit if you're paying rent.NEVER RENT ,
Do the inspectors make much of a deal of the GCWR if you are CDL hotshot?
From my experience of they make a bigger deal and hotshot is targeted more.
I'm confused. Enterprise doesn't spring for a $500 5th wheel/ gooseneck prep package. So they charge an additional $1000 to put some crappy rails in. Makes zero sense to me.
ALEX I set up an account on your website, I thought I might be able to email you on there in anycase my question for you is do I have to get Commercial Insurance before/while LEASING on with Enterprise. I understand I can use or pay for their insurance the 1000 dollar deductible thats just for the truck right? I'm dreading the possibility of getting commercial insurance. Can you help me out brother?
Send me a message on Instagram if you can
I don't get on there much but ok!
So who pays for maintenance? Oil changes etcetera?
They do
TP. So it's a total of $4,000 needed or $4,000 plus the new $4,000 you went over?
I'm not sure what is confusing about the costs to get started. He explained it very well in the video.
I commented above in my own comment breaking the video down so you can read my comments if need be.
But basically, it's $1000 (refundable at end of lease) as a deposit towards insurance. It's another $2000 (refundable at end of lease) as a deposit for potential expenses such as a missed payment or maintenance or whatever. Then, it's another 1-time (NON-REFUNDABLE) $1000 for set up fees at the beginning of your first lease. (If you decide to continue leasing at the end of the 60,000 miles for the first truck, you don't have to pay this fee again).
So, it's $4000 total (there may be additional fees for taxes and so on I don't know) for everything to get started. It's NOT $4000 and then anither $4000 for a total of $8000. It's just $4000 down/deposit(s).
I am still Going with the enterprise! Unless I can purchase a brand new truck with a 200000 mile bumper to bumper warranty cash out the door with all maintenance included..
What happens about periodic maintenance and repairs during the term of the rental? Who pays for tires, head gaskets, oil changes, plugs, tune-ups etc.?
How’s freight been during all of this shutdown stuff?
Not great
@@TowPiglet I've been on hometime. Planning to go back in service tomorrow. This is going to be rough for some time.
Can you help me out with something so I went to enterprise and they want to give me a F3 50 for 1400 a month for 3000 miles and after that each mayo is $.22I don’t understand because if I do 6000 miles at $.22 It equals to 1320 so I’m paying like $.46 for the first 3000 miles can you help me out with this because I do not understand what they’re trying to do
Every enterprise has different rates, only the one he goes to has that "cheap" rate in the US as we know it. It's a special RV rate or some bs. They have a waiting list a mile long.
The devil is in the details. I assume you got a printout of costs? Do they include insurance, other stuff in that amount. IMO get detailed printout sent to you, contact the place TP uses, request same info. Compare. It easily could be cheaper to fly to get your truck (huge waiting list). My first new trailer. I had 3 of that brand dealers within 100 miles. Instead I drove 300 miles each way to get a yr newer trailer, brake controller, including mounting, plug, lic plates... $550 cheaper then just same trailer period. (And yr older). IMO well worth the drive.
Controller $90, install $140, plates $50 plug, $30. (Wild guesses on costs)
I still have that trailer.
I can’t find anything on their website about installing a gooseneck ball, just a bumper hitch...did you have to negotiate that with them or get it done yourself?
They installed generic 5th wheel rails. He just had to buy a GN plate. $130 most places. 4 pins, cotter type keys... often it’s mounted so you can move hitch point just in front, just behind your axle.
How's the boards looking during this Covid-19 virus going on?
I'm a driver and started my own dispatching business right before all this, I have not looked this week but things that were paying 1,380 were now averaging $900 but with that said I would say long hauls are not good right now but staying regional would be better depending on where you are. God Bless you and your family.
@@bigrigchristfollower9020 God Bless to you and your family as well
Why don’t you buy your own dually?
there is 4+ videos tell you why
Who would lease a truck at 1.10 every 5 miles?
it makes sense, $16500 depreciation on his last turn in of the white dually for $75000 miles, you would depreciate more if you bought one and traded it in.
So you trade it in every 60k miles? Whats stopping you from doing 1million miles?
The lease agreement is that. So he follows contract. Enterprise decided that @60k was where they could resell trucks, make most money. Going far over miles on a lease is normally expensive.$$$
IIRC $.24 mile? $14,400 on a $80k truck? Zero major expenses? I predict he will buy one off the lease if he continues to get decent drivers, finds a decent trailer maker. (Would be top priority to get a quality trailer maker to make what he needs). Then he can stay home running drivers, keeping them supplied with loads. The owner truck can sit (from OTR hauling) for a month without costing $$$. He can grab $$ loads when he wants to.
You should buy an F450!
Even better an F450 King Ranch!
I agree..it doesn't make sense to rent a truck.
Try F550 with 4.88 gear
If you make $1k per day you either buy a brand new truck every 100k miles so you are always under warranty or this program makes sense. 1 month that your truck is in the shop per year for maintenance equals the total amount you spend per year on the rental, it is almost worth to own your own truck and still have this on the side, I said almost. Only having the rental and deducting it from expense but being able to run everyday makes sense.
@@nunu_21 I got a f450 with 4.88 gears 👊💪
This program is good .... IF your interested in a career change as a hot shot or even car hauler. Yea, a lot of money going to enterprise BUT under section 179 of IRS code your rental is 100% deductible. So I can see how people will say “Your over spending and putting less in your pocket monthly” BUT if your looking and decide yea I wanna do this then buy and switch trucks every 100k miles. Great info @towpiglet and all the subscribers.
If the current state of the economy impacts the RV business, Enterprise might end up with a lot of returned trucks sitting on their lot.
Tom Herron sounds like there will be some deals to be had
Exactly. What's worse is some of the people don't know the difference between fee's and rate's. My 8 year old autistic son knows the difference between the two.
Just called to get info they said they are not doing this program anymore cause of covid
Would you happen to know any other company that has a similar program
How's Coronavirus affecting your business?
It's not really. Minus a whole lot of people stay home. Plenty of work.
Price per mile has actually gone up significantly
I was thinking about getting into the business since December and got some stuff ready but then Coronavirus invasion stopped everything specially that I'm here in California
Yea unfortunately it's kind of lucky of the draw. A lot of stuff is moving around the ports right now on the East Coast.
Yeah I guess just have to wait till clouds roll by then restart, you guys stay safe out there and good luck to everyone
That sucks man.
You should call in on the Dave Ramsey Show! I’m curious to how he will react upon hearing lease vs rental lol😂
It's all a tax write-off
@@OffroadCpl You realize Ramsey is simplistic? People that think, plan ahead, look over time... need not follow it. A proper set up truck, trailer, gear could cost $100k complete. Some loads REQUIRE a truck, trailer less then 5 yrs old 100k miles. (Less chance of delays) they assume.
He has known costs for the truck. Say the engine disintegrates? Unless he didn’t follow maintenance... I assume he can request the next truck. (I have not seen his contract). In any case he is not looking at $10k ?? for engine replacement .
Using Ramsey he knows his exact expense per mile.
I will agree if he has $$$ buying new every yr, selling it used under 100k. He might make more. He should make more setting it up as light as possible. Remove bed, plastic fenders, sleeper, AC/ heat strip 2k gas gen/inverter. (I understand with soft start a eu2000i can run a 13,000 ac/heat, or microwave...)
still well worth renting over buying...
True but barrier to entry just keeps getting higher which might mean rates go up
Sonora Texas. Great place 👍🏻👍🏻🇺🇸🇺🇸
Alex does Enterprise rent the F450 pickups.
🤑
The lower fuel prices should offset the 300 samolians. You should get a dog with floppy ears...
Yeah he can stick his head out the window and get some lift
Not everywhere. Told you. My dually from enterprise California . 0 deposit , only pay 1450 a month with 5000 free miles and only pay 13 cents a mile after. Monthly contract no 6 month contract. No minimum on mileage. Etc. Way cheaper. Dually and single wheel both 13 cents in Cali place I use.
And no. There is no deposit at California location I use. Paid my first month 1518 out door with taxes and first month etc. what a scam Indiana is
And no rails in California location. Comes with prep kit installed. Hell mine even has Bedliner . lol And they give you the gooseneck hitch free with truck. Comes with it.
0 down is nice !!!
But on 10k miles a month ur pretty much paying the same..
10k miles a month is roughly 19.5 cents a mile.
Weres TP paying .21 cents a mile..
Ur enterprise much better but not wow diff.
There basicly betting most people are gonna drive 5k and under. And thats at .29 cents a mile for first 5k
HOTSHOTFX 300 .00 cheaper on every 10k miles. But Who only drives 10k??? Plus he pays 300 insurance to enterprise. We don’t. Not even close comparison.
Over 7000 a year cheaper from Cali. Not even close......
@@Traumasurgeonjames 10k a month i meant..
Ur way is 19.5 CPM his .22 CPM.
The upfront cost is were urs is a winner and little pocket change month to month on Per mile..
Goodstuff though. Sounds like Indiana is a fail..
@@hotshotfx3502 Each to his own but Im afraid Id have to read the fineprint in both contracts before I could call either one a failure? jmo.
Joe Deal there is no contract in California They don’t do that. Month to month. No option. Way better
Do you use radar detectors?
An operator told me to get my LLC, Tax ID/ EIN and I can buy a truck and a trailer under the company name and business SSC#\ Credit how true is that
You can but they will still look into your personal credit, I just got my ein and started my dispatching and trucking business and was just going to be doing dispatching right now then get trucks but I have not been able to get anywhere with the dispatching now that the pandemic hit and everyone has slowed down. I just looked into another video on here and he made a lot of sense because he was saying at the end of the year leasing you would have put in over $20,000 but if you go and put $4,000 down at a dealer you would pay about $700 a month versus $2,400 at enterprise but I would say start out with a lease and save up to get your own if you decide you want to keep doing it. If you lease you are not going to have to keep if you decide it is not for you, also you would be able to build up some business credit to make it easier to get a new truck later, I have already started building my business credit with started with vendors who give you 30 days or 90 days to pay so if you don't know about this look into Credit Suite on TH-cam they give you a lot of advice and if you have any questions you can email me at shaunarodriguez81@gmail.com
They quoted me at .23¢
For what truck?
Tow Piglet 1 ton dually but they said that they do not have any available and they completely removed the wait list, they told me to try back in about 6 months.
Enterprise? Website?
Real question is are you staying with Ford for your next truck?
Yes I am
@@TowPiglet good to know. Thanks for the reply and be safe out there!!!
Alex, let me see if I understood...you work as a hotshot driver for 4 years and you did not have US$ 3.700 as down payment and put on your credit card? There is a video where you say you make 350 k in one year. How come you have to rent and dont have your own truck. I'm confused.
He runs the piss out of them and then turn them in
Because in business you breakdown your yearly cost, 2 years cost, 5 years cost, 10 years cost. At .22 cents a mile his belief is that this is cheaper and more lucrative than owning a brand new truck (which I agree). Remember his month payment is equivalent of 1 days worth of working. So if someone has a truck that they bought brand new and 1 year later it goes into the dealership for maintenance and it stays there 5 days (diesels have a waiting list to be seen at a dealer and dealers take their time fixing anything) you lost 5k in possible revenue in 5 days which is 3 month of truck rental payment. He will never see that scenario now. Every truck working this hard after 100k miles will need maintenance, and guess what that truck with 100k miles still has payments to be made for another 3 to 5 years and most people finance 4 to 6 years. That 5k lost in 5 days didn't even include the cost of the dealer which just to check what's wrong in a diesel is 2hr labor at $125 minimum so there goes $250 and you still haven't even bought the part to fix it.
His .22 cents a mile is CHEAP and keeps him making $1k per day guaranteed.
@@maidinbostoninc429 Still gonna have downtime arranging a rental swap and if you run that hard, you need a break anyway. Might as well take a vacation that week.
22 cents a mile is just to use it. He still has to fuel it. He's paying $2,000+ a month to borrow someone else's truck when he could pay $600 a month and bank the other $1400 for repairs and downtime. That gives him a $16,800 annual maintenance budget. Should be enough. First couple years are under warranty on a new truck. Mine came with 7yrs/100k on the powertrain itself. That gives you enough time to pack the cash away.
@@dchawk81 No disrespect but you obviously never bought a brand new dually truck because your $600 a month will get you a F150 not a F350 lol. A brand new truck is around $1100 per month so he pays an extra $900/month. They cover all tires and oil change just the oil change with fuel filter is $200/month so now he is down only $700 month vs buying. After 1 year that truck needs maintenance and let me remind you a diesel truck at the dealer sits for 1 to 2 weeks to fix anything. Just 1 tow with a truck and trailer is $1k when you break down.
Sorry! Nevermind! I found your video on lengths! Sorry!
How the fuck is renting cheaper than a car payment?
Everything is going up in this business unfortunately
The money's not going up
Robert Mcdonald one reason why I’m considering not doing this anymore, it sucks because I love doing it but thankfully fuel is dropping so it’s helping the extra cost, but we will see how long that last!
I understand I wish the best for you
Just called and guess what they canceled the program indefinitely
Noooooooo
So your paying a flat rate monthly for the truck in addition to .22 a mile for every mile driven and you have to drive a minimum of 5k miles a month? Am I correct
AMIR KELLOGG just .22/mi that’s it
From my understanding from another driver, the minimum is 5,000 miles so even if you don't drive 5,000 miles you pay $1,100 which would be $0.22 per mile but say you drive 10,000 miles that month you would pay $2,200.
buy a truck and run the fool out ov it
Since this virus has everything slowing you down
Time to run before you crawl 🤷🏻♂️
You made this video just for $300 increase, what a waste of time!
Clickbait
Don't be an ingrate. I personally appreciate all of the information he gave in this video. If it wasn't useful to you, it doesn't mean it wasn't to someone else.