If you decide to contact Swift Transportation about company driver or lease purchase opportunities please call Michelle Cantrell at 864-968-7605 and give her my driver code of WIRDA1 or give them my truck number 222999. Thanks
Sort of that's actually a fairly complicated question. Technically I'm dispatched but I work directly with the planners and tell them where I would like to go and things like that and I can always turn down any load offers I don't like. They are beta testing a load board and hopefully it will be up and running in the coming months. I'm supposed to be a beta tester pretty soon on that as well. They also have a macro you can send that will give you up to three available loads in your area and you can pick which one you want or decline all of them
@@latishamarion7560 you can come on straight into lease if you have at least 9 months experience in many cases. I would encourage you to contact recruiting to talk about your specific situation. If you will email me your name and phone number I can have someone reach out to you on Monday. truckertodd806@gmail.com
Well, I’m glad you’re doing well and I’m enjoying what I’m doing. I average my take-home around 1700 a week and I only work five days a week. I sleep in my own bed and I have my weekends off. I get three weeks paid vacation at 55 hours a week, I get overtime after 40 and an additional eight hour holiday pay on five different holidays. Total gross last year was $134,000. That was before taxes. But the best part is I’m home with my family. I drive my truck 10 to 12 hours a day delivering fuel and I’m home every night. I don’t have to buy myself a job, I don’t have to go broke if something goes wrong with that truck and it’s a major expense that will empty your fuel And maintenance fund to zero and you’ll be in the negative. I won’t have to stay out for 6 to 8 weeks because I have a truck payment. But if that makes you happy, enjoy that lifestyle. OTR is not on my bucket list anymore. Been there done that.
This video is about 2.5 years old. I saved up enough buddy to pay cash for my own truck and began running the spot market. I also don’t stay away from home for multiple weeks at a time either. It’s been been years since I stayed out 6 to 8 weeks.
the avg. loaded pay of the loads owner operator do with my company the loaded pay avg. between $2.80 to $3.90 a mile and very little deadhead I get paid 70 percent of the gross I'm happy for my pay bobtail insurance $692 week that's way to high my bobtail insurance. is $256 a month and on a 2019 truck I be paying near $692 or little more each month and it's one of the best and biggest truck insurance companies in the USA
Yes, you are technically correct. There's not a trim package. You can order for a truck that is called owner operator spec. This is just a nickname that companies have come up with for a truck. Typically companies will say that they have company spectrucks and then the fancier trucks. They will call owner operator spec. But as I stated that's just a nickname
This is precisely the information I wanted to hear about! Thank you so much for making this video. I've been with Swift for 6 months now and I plan on becoming an Owner Op in the future for sure.
It’s not a traditional load board. It’s an in-house load board with solo over the road dry van freight. They also determine which loads go on there, it’s a very small percentage of swifts overall freight. Several guys have told me that they have booked loads on there and had the loads taken away from them and given to other drivers. Sometimes there’s a few loads to choose from on there, and sometimes the pickings are few. Almost everyone knew that was driving for Swift has since left them because the load board was not what they thought it was going to be. Even the beta testing that I did for them is much different than what their current iteration is.
I just wanted to say thank you. For the honest accounting and experienced opinions. Especially for guys like me with much less experience than you hoping to get into lease purchase options. I really appreciated this video. Have a great day brotha. I wish you the very best going forward.
Thank you for your honesty and transparency. A lot of videos about trucking/ transportation intel on You Tube - in my opinion - is only hype. 99% of videos I can’t understand or comprehend what they’re saying because of the overall slang and sentence fragments combined with the yelling. Be advised a lot of those folks are only looking for the referral fee. Be careful of the propaganda in the transportation/ logistics occupation. Swift catches a lot of flak in the field. However, there are many different types of trucking. What works for one, may not work for another. There are plenty of veteran drivers at Swift.
Since I’m not an accountant or a tax professional, I can’t legally give tax advice. 30% does sound a little high to me but better safe than sorry I guess but I can tell you everyone’s tax liability will be different, and I recommend everyone consult with a tax professional that is very familiar with the Trucking industry.
They have some 2023s but it's highly unlikely that you would get one on your first lease. I'm not saying it's impossible, but they generally try to give the brand new ones two guys that have a track record and have already completed one lease. I'm not sure what an efects lease is.
@@truckertoddllc so what year truck do they normally give to the guys just going to do the first lease ? And what’s the lease name that what I have to be company driver before to beginning to be lease to own?
I agree. It's one of the reasons I quit making so many income videos. No matter how much income you make somebody will always say that they make more and that you are getting ripped off. So what's the point?
@@truckertoddllc I understand that. Well for guys like me, we appreciate you! How does this compare to company driving for Swift? I’ve heard company drivers only make about $600 a week? If not, would you recommend a rookie driving for Swift then going lease op?
How do you make sure you get the miles my husband and I our company and I’m thinking it would be better for us to do lease purchase but we set a lot no miles do you get better loads or first selection of loads if your leasing
At Swift the loads are going to be the same whether you're a company driver or a lease purchase drivers. The key to getting a lot of miles is developing a good relationship with a good dispatcher at Swift and also knowing when to accept loads and when to turn them down. Also, since you're a team, you might talk to them about dedicated opportunities
I’m not sure if they changed it since I was there. It’s been over a year since I was there, but I think it was on either Tuesday or Friday. Honestly, it would probably be better for somebody that is working there currently to answer this question for you as it may have changed.
How the hell do you have a 7k gross at Swift on 3k miles? Did swift go to a percentage model on the contract rates or what? Confusing as hell. I know FSC is banded based on the originating outbound location, but it seemed like the rates were different for every load. What is the lease paying, gross, per mile?
@Trucker Todd LLC. I've been out of the Otr game for a few years. Currently driving a 99 classic xl for a guy and looking into some lease companies so i can keep my net bring home similar to what I am now. But I see like 4 or 5 mpg in this truck lol
That's a super tough question. It's possible because you don't have a truck payment but you're losing the efficiency of a newer truck. Without knowing more about you and your truck it's impossible for me to answer that question but if you know your number you should be able to figure it out pretty quickly
@Trucker Todd LLC. oh no the truck isn't mine. I need to net around 1800 a week and for the most part I do here as a company driver. However weather impacts up greatly and wish to minimize that. So I need 1800 a aweek with 12 years in the seat and 3 years as a former lease op and trainer. So just checking places out
A lot of things have changed here recently but I will give you the information as best as I know it. Currently if you accept their forward-facing cameras it's 70 on the cruise and 72 on the pedal. If you don't want their forward-facing camera, you have to get your own insurance and your truck is governed at 68 on the cruise and 70 on the pedal. There have been a lot of policy changes here lately so I would encourage you to double check with a recruiter when you call in. I can help you get in contact with Michelle if you email me your name and phone number. truckertodd806@gmail.com
Hi, I’m totally new to trucking. Let me put it this way, i know nothing about trucking but recently, I’ve been doing my research. I want to buy a new truck so i could lease it out to swift. I won’t be driving myself as i’m a medical student. Any advice from anyone would be highly appreciated. I want to know if it’s worth it. Thanks in advance.
Honestly, I think it's a terrible idea unless you surround yourself with experienced trucking professionals. There's a lot to this and if you're thinking you're going to just hire a driver and put them in the track and make money, you probably won't. There's a lot of cost and overhead that you might not be aware of and honestly you don't know what you don't know. I've been doing this 27 years and I learn something everyday.
@@truckertoddllc thanks for responding. The reason I thought of leasing it out to swift or some other company was because of my lack of knowledge/experience in this field. I was thinking swift would get a driver since i’ll be leasing it to them. I totally agree with you as my little time of researching, I keep seeing new information all the time. So in your opinion, it’s not worth doing it?
@@chuksrichard3598 in my opinion you will lose everything you invest. You are busy with medical school and you won't be able to invest the time it will take to make it successful and after you take care of your driver and all your texts you will find out very quickly that you are making pennies and then hang on for the first break down that's not covered under warranty. Also during that break down you're going to have a driver that will want breakdown pay in a hotel and all kinds of stuff. Also the expenses don't stop if the driver quits and you've got to find another driver and it takes a few weeks
I don't recommend lease purchase to anyone that doesn't have at least 5 years of over the road experience and quite a bit of money saved up. Maybe a company driver job though, it really depends on the person and their needs
Yes they can be as fast as 72 miles an hour depending on if you take the optional forward facing camera or not. For me the governor has not been a problem because I usually run slow to save fuel
I Jesus asking you if you’re working for another company today and what was the reason you walk away from SWIFT can you give me an update on that I was planning to go to work for SWIFT
I did a few videos on it. I bought a truck for cash from one of my viewers and went back on the spot market. Then I wrecked in totaled that truck and bought one from a dealership and I'm still continuing on the spot market
It would be best for you to read your contract and see what is required to get out of it. I’m pretty sure my contract is different from what yours is currently as they have made some changes to it I’m sure. technically it’s not a walkaway lease but you can get out of it you just might get sent to collections. So far I have not been contacted by collections
Of course I take taxes out, that's a federal requirement. I don't take taxes out in my videos because everyone's tax situation is different and your tax liability will be much different than mine. I also don't take out car payments or house payments or health insurance because those expenses will be different from yours as well
Thinking about selling my truck and this headache and doing a husband and wife team lease ? Can u give me some advice, we normally stay out 6weeks at a time
@@Zion7z I hear a lot of complaints from solo drivers but I haven't heard a lot from teams. Me personally, I would try to find something with FedEx or a company like that running team freight
For the most part yes. There's no question the economy right now is in a weird place but many analysts expect a big improvement in the coming weeks. I prefer to be on The cutting edge of when things happen and not to be a follower. Many people will want to come once the economy rebounds but at that time it may be difficult to get a truck. Right now you can get a truck with no money down but we've already been told that will change in the near future. So it's cheaper to come now and you'll be here when the economy improves in a few weeks if the analysts are correct and even if they are wrong, I'm still doing good here right now so it is possible to succeed even in these tough times
No I left back in May. They are a good company to learn with. There's a lot of good companies to learn with. The key is to try to stay wherever you go for at least a year. The first year is very difficult but after that it starts getting a little easier
Sir yes you can be successful being an o/o if you want to make sub par pay! Not directed at you but lease purchase period! In my opinion if a driver can’t double what he would make as a driver he’s wasting his/her time! After expenses!
I haven't made anything in 2 months because I haven't worked. But I can tell you, and it's clearly documented in past videos, that I average take home around 2500 a week when I was at Swift.
No I had a bad accident in totaled my truck and had to wait on the insurance check before I could get another truck. I finally got the check and got another truck. Now I'm trying to do all the requirements to get the plates so I can run the truck. Hoping to start back working on Thursday
@@truckertoddllc well good luck to you and please be safe! I started driving in 1978 and knock on wood never had a accident but damn sure have avoided probably thousands! I shouldn’t have said that now I’ll be scared to leave the house!!
No I left Swift back in May. No hard feelings and they were a good company. I just had bought my own truck and wanted to run the spot market. There's several videos about it out there if you're interested
We appreciate your transparency and your honest videos don't worry about all the negative energy that other people leave in the comments. It's always going to be people like that
I had a great time as an O/O with Swift. The money for me was great considering i also have a full military retirement pension and lifetime Healthcare. Loved driving for Swift.
@andrewgrant4521 I would need to know more about you before I could give you a suggestion, but I would not go to either of those companies that you suggested right now unless you just happened to live in a really good area for that company
Such an honest and positive polite person.. Thank you Sir , for all the information. That can help others too .You were even nice to your detractors. This is the kind of person we all should strive to be.
What about your taxes Federal State and local. How much do you have left after those? And let's not forget about SET . Self Employment Tax.. Use Mudflap instead of your company fuel card. Fuel saving is greater. Pay your own IFTA taxes.
I don't discuss taxes in my video for the reasons you mentioned above. I'm in Texas which is a low tax state but many of my viewers are in higher tax regions of the country. I give people my numbers and then they can determine what their own taxes would be from those numbers. But my numbers are just that, my numbers. Your success might be greater or less than mine based on your own performance. My performance will have no effect on your performance
I'm a 25-year experience. truck driver last 17 years as a owner operator my 06 freightliner been paid off 10 years now I bought my truck from a truck dealer. I have my truck on with a very good company only drive in the south east states of the USA home every weekend and my company don't deal with any broker loads they only deal directly with the customer I would never lease a truck through a truck company. the best way own a truck just go to a dealer lease a truck from any truck company is a big scam never do it because if you get fired and the truck not paid off the truck stays with the company and lose all the money paid in into it and in the long run the lease truck price is way more than at a truck dealership I'm hopping in a year or less I will buy a newer truck at a dealership I have my eye on a 2019 western star that is forest green and fully loaded was just over $95,000 now its $85,500 that was a month age it was just over $95,000 I might wait to paid off 2 bank loans then get a bank loan to buy a newer truck I have excellent credit
Thank you for this video. What is the name of the country song and please can you make a video for or anyone would be a truck driver from the CDL training program. Untill be able to lease the truck to purchase please thank you
All of the information about the song is in the description of the videos. I can try to make a video about the CDL training program if I can get to one of the schools. It might take me a few weeks before I can do that
It is. But my concern would be after taxes and insurance you'd be hardly making more than a company driver, Its what stops me from Lease op. I average about 12 to 1500 a week. I dont wanna lease just to make another 500 a week. That dispatcher, Id have to trust to give me enough good loads and depending on others is what bothers me lol
I Average about $2,500 a week which is a thousand a week more than you. But even if our pay was identical, at the end of the lease I've got a truck that I could sell, and you have nothing. I also have tons of tax deductions available to me that you don't have. I'm not saying it's for everybody, and if you're happy being a company driver then stay a company driver. You say that I'm hardly making more than you but I'm making somewhere around $50,000 a year more than you and to me that's more than hardly nothing. Also you mentioned dispatchers, here I deal directly with the planners and I'm also supposed to be beta testing a load board and at my last job I ran 87 load boards and selected my own loads, so I'm not relying on a dispatcher for anything really
This is very inspiring God bless you and keep up the positive attitude this is what we need in this world today to help and love one another because we all are one because at the end of the day no one want their kids fighting amongst one another so we all are God's creation and the same rules applies because at the end of the day we are all one
I'm not sure then. Did you receive some kind of award from the company or something? Or maybe we're out of the same terminal or something? You never know started off being based out of Greer now I'm based out of Oklahoma City
Their regional and dedicated opportunities are always changing, it would be best to contact them and see what they currently have available if that's something you're interested in
So long as YOU are happy where You are it shouldn't matter what Anyone else thinks ( They aren't paying Your bills ) ! You give " REAL WORLD " advise ( and commentary .. and best of all , it's on things You have experience with ) !
It's been reduced to 30 days because of truck availability. When I started they had a lot more trucks available than what they do now so the incentives are slowly being reduced. That's why I tell people not to wait, go ahead and apply now with Michelle.
Inspect your truck really really close, read your contract very carefully, and talk to as many current lease purchase drivers as possible. Many are reporting having a hard time getting loads and sitting for multiple days
Any 2023 trucks low mileage like 100k or less? Soar pays $1.35 mile plus 100% fuel surcharge and new truck lease is $300 a week, no trailer charge no deadhead pay and they lost most contract companies now. I broke my foot 5/9/23 so I turned lease in but not retiring lease operators leaving in droves, sit for loads and the broker everything now
Great video and very motivating. Thank you. Keep up the great work my friend. Piss on what others say. People talk crap. I hope you have a fantastic one.
It depends on if you take their optional forward facing camera or not. If you take the camera it's 70 on the cruise and 72 on the pedal. If you don't take the camera it's 68 on the cruise and 70 on the pedal. But I would recommend you never achieve those speeds. When possible I do 60 mph to maximize fuel economy. Their fuel surcharge here is very good and you can make great money if you can control your fuel cost
Thanks I try real hard to be honest. Sometimes my mouth gets me in trouble but I try to remember people are making decisions based on the information I give them and I don't want to give false information and cause someone to make a bad decision. Most of us have families were trying to support and false information could really hurt somebody's family and I don't want to be responsible for that. Thanks for watching the videos and for the good comments
Hi, I’m about to become a Owner Operator in a week. I’m kind of nervous but excited. I’m here in Dallas. Any advice to run 2500 to 3000 miles in a week. Where to run in the U.S? Any apps? Should I do dedicated or OTR? Like what’s the best path to run a lot of Miles?
That's kind of a tough question to answer based on the limited information I have available to me. For example, i don't know what kind of freight you will be hauling or what your goals are? But generally speaking, I would focus more on revenue instead of how many miles you run. Ideally, you want to run the least amount of miles you can for the most amount of revenue
Okay cool. I’m here with Swift. I’ve been with Swift for 10 months. Is there a email I can email you with. or even leave you with my number to do a quick call. I have so many unanswered questions on being Owner Operator. And I want to learn from a experienced Owner Operator
Yes but admittedly they're not great. I recommend getting an outside fuel card and I will be promoting one very soon. If you use the Swift comdata card oftentimes your best discount will be at the terminals. At the big five truck stops they offer a nickel off of cash price, which is not significant in my opinion but it is better than nothing. One way they make up for this though is that their fuel surcharge is much higher than most other companies
I enjoyed your openness, sincerity and humbleness. Perfect example video for everyone to watch, and for those of us that can learn from this and being an awesome human being. I myself have been researching so that I could become an owner operator by way of lease purchase. six years of OTR. and loving every mile of it. much much continued success with you and your venture and blessings to yourself your family, and loved ones.
Yes you also need to get your license moved to another state. There's currently 10 states that are considering this type of legislation and you want to make sure you're not in one of those States
Basically payday is on Friday and you receive your direct deposit between Saturday and Monday depending on your bank. Payroll is guaranteed to be paid by Friday if you scan by Tuesday but oftentimes they will still pay you if you scan on Wednesday they just don't guarantee it
What was your worst take home? Are you still leasing? Was looking to lease with swift I will be satisfied if I brought home 1600 a week after everything deducted
It's possible to have weeks where you are in the hole, maybe several weeks due to break down or home time. This is why you need to have a good nest egg before you get started
Thanks. That video was shot at approximately 3:00 a.m. in the morning. So at my age anytime I've got energy at 3:00 a.m. in the morning it's a pleasant surprise LOL
What do you think about a 2 year 2018 truck with 550k miles on it? I prefer a shorter lease but I'm nervous about it the truck having over 700000 miles when payments are over and I fully own the truck.
It's hard to say. It depends on the maintenance history of the truck and how well it was taken care of. If they have any maintenance records you could look at, it would tell you a lot about the truck
@@truckertoddllc That makes sense and I'll definitely look into it. I appreciate your response! I also just found out this particular company keeps 35% of the fuel surcharge. That seems a little unfair to me but I just watched one of your videos that provided a bit more context on why they do it. I'm happy I've found your channel and I plan on bingewatching more of your content 😉
Yeah please stay in touch and let me know how it goes and you might want to email me what company it is. I may have other drivers that become interested in them at some point. todd@truckertodd.net
I generally try to avoid tax questions because it really depends on a lot of things such as what state you live in and how many deductions do you have and things like that. Generally speaking you want to save anywhere from 15 to 30% but as I said it could vary greatly on a number of factors. One thing you can do is once you start getting quarterly estimates from your tax accountant you can save according to those quarterly estimates. For example if there is 12 weeks and a quarter and your tax advisor recommends you pay $2,400 quarterly then you would want to save about $200 a week or possibly a little more just to be safe
If you decide to contact Swift Transportation about company driver or lease purchase opportunities please call Michelle Cantrell at 864-968-7605 and give her my driver code of WIRDA1 or give them my truck number 222999. Thanks
Do you choose your own loads?
Sort of that's actually a fairly complicated question. Technically I'm dispatched but I work directly with the planners and tell them where I would like to go and things like that and I can always turn down any load offers I don't like. They are beta testing a load board and hopefully it will be up and running in the coming months. I'm supposed to be a beta tester pretty soon on that as well. They also have a macro you can send that will give you up to three available loads in your area and you can pick which one you want or decline all of them
How long before you can switch to lease?
@@latishamarion7560 you can come on straight into lease if you have at least 9 months experience in many cases. I would encourage you to contact recruiting to talk about your specific situation. If you will email me your name and phone number I can have someone reach out to you on Monday. truckertodd806@gmail.com
When you say a$ dollar 3 a$dollar 7 you mean a $1.70 & $1.30 a mile?
Excellent video.
Thanks!
Thanks I appreciate it
you sir are an inspiration for many of us.. the phrase get in where you fit in comes to mind know your needs and live
Well, I’m glad you’re doing well and I’m enjoying what I’m doing. I average my take-home around 1700 a week and I only work five days a week. I sleep in my own bed and I have my weekends off. I get three weeks paid vacation at 55 hours a week, I get overtime after 40 and an additional eight hour holiday pay on five different holidays. Total gross last year was $134,000. That was before taxes. But the best part is I’m home with my family. I drive my truck 10 to 12 hours a day delivering fuel and I’m home every night. I don’t have to buy myself a job, I don’t have to go broke if something goes wrong with that truck and it’s a major expense that will empty your fuel And maintenance fund to zero and you’ll be in the negative. I won’t have to stay out for 6 to 8 weeks because I have a truck payment. But if that makes you happy, enjoy that lifestyle. OTR is not on my bucket list anymore. Been there done that.
This video is about 2.5 years old. I saved up enough buddy to pay cash for my own truck and began running the spot market. I also don’t stay away from home for multiple weeks at a time either. It’s been been years since I stayed out 6 to 8 weeks.
the avg. loaded pay of the loads owner operator do with my company the loaded pay avg. between $2.80 to $3.90 a mile and very little deadhead I get paid 70 percent of the gross
I'm happy for my pay
bobtail insurance $692 week that's way to high my bobtail insurance. is $256 a month and on a 2019 truck I be paying near $692 or little more each month and it's one of the best and biggest truck insurance companies in the USA
Sounds like a great place to work. Congratulations
Frieghtliner doesn’t make an owner operator spec….
Yes, you are technically correct. There's not a trim package. You can order for a truck that is called owner operator spec. This is just a nickname that companies have come up with for a truck. Typically companies will say that they have company spectrucks and then the fancier trucks. They will call owner operator spec. But as I stated that's just a nickname
You can’t get more honest and kind than that
Idk where you are located im in Savannah Ga. Containers you'll do the same numbers and be home.
I live in Lubbock Texas which limits my options a little bit but I honestly love what I'm doing. Thanks anyway
@@truckertoddllc Location Location Location.... but that's a big 10 4 keep the shiny side up
This is precisely the information I wanted to hear about! Thank you so much for making this video. I've been with Swift for 6 months now and I plan on becoming an Owner Op in the future for sure.
Would like to know how it is since they went to a load board
It’s not a traditional load board. It’s an in-house load board with solo over the road dry van freight. They also determine which loads go on there, it’s a very small percentage of swifts overall freight. Several guys have told me that they have booked loads on there and had the loads taken away from them and given to other drivers. Sometimes there’s a few loads to choose from on there, and sometimes the pickings are few. Almost everyone knew that was driving for Swift has since left them because the load board was not what they thought it was going to be. Even the beta testing that I did for them is much different than what their current iteration is.
I was looking into them job hunt or Schneider for getting my feet wet as owner operator.
I just wanted to say thank you. For the honest accounting and experienced opinions. Especially for guys like me with much less experience than you hoping to get into lease purchase options. I really appreciated this video. Have a great day brotha. I wish you the very best going forward.
You’re welcome thanks for taking the time to watch
Thank you for your help
I you have a great day God bless you
I’m Felipe from El Paso tx
No problem. Good luck to you
@@truckertoddllc you still with swift
Any updates?
Please advice
@@felipemacias8334 what are you asking advice on? I didn't see a question
Thank you for these videos Sir! 🙏🏿🙏🏿🙏🏿
You're welcome! Thanks for watching
Thank you for your honesty and transparency. A lot of videos about trucking/ transportation intel on You Tube - in my opinion - is only hype.
99% of videos I can’t understand or comprehend what they’re saying because of the overall slang and sentence fragments combined with the yelling.
Be advised a lot of those folks are only looking for the referral fee. Be careful of the propaganda in the transportation/ logistics occupation.
Swift catches a lot of flak in the field. However, there are many different types of trucking. What works for one, may not work for another. There are plenty of veteran drivers at Swift.
What's the cpm range for a lease or o/o driver?
I don't know what they're currently paying. I made this video about 18 months ago or so
With your total, take thirty percent for taxes.
Since I’m not an accountant or a tax professional, I can’t legally give tax advice. 30% does sound a little high to me but better safe than sorry I guess but I can tell you everyone’s tax liability will be different, and I recommend everyone consult with a tax professional that is very familiar with the Trucking industry.
Do they have peterbilt 579 2023 for lease/ purchase options?
No the closest thing to that they have is a Kenworth t680
@@truckertoddllc kenworth T680 year 2023 for efects lease ?
@@truckertoddllc year 2023 ?
They have some 2023s but it's highly unlikely that you would get one on your first lease. I'm not saying it's impossible, but they generally try to give the brand new ones two guys that have a track record and have already completed one lease. I'm not sure what an efects lease is.
@@truckertoddllc so what year truck do they normally give to the guys just going to do the first lease ? And what’s the lease name that what I have to be company driver before to beginning to be lease to own?
People can say what they want to but $3k a week is respectable.
I agree. It's one of the reasons I quit making so many income videos. No matter how much income you make somebody will always say that they make more and that you are getting ripped off. So what's the point?
@@truckertoddllc I understand that. Well for guys like me, we appreciate you! How does this compare to company driving for Swift? I’ve heard company drivers only make about $600 a week? If not, would you recommend a rookie driving for Swift then going lease op?
@@daltonmcghee4475 I can't really answer for company drivers because it's been over 20 years since I was a company driver for Swift
@@truckertoddllc Oh, okay. 👍🏻
How do you make sure you get the miles my husband and I our company and I’m thinking it would be better for us to do lease purchase but we set a lot no miles do you get better loads or first selection of loads if your leasing
At Swift the loads are going to be the same whether you're a company driver or a lease purchase drivers. The key to getting a lot of miles is developing a good relationship with a good dispatcher at Swift and also knowing when to accept loads and when to turn them down. Also, since you're a team, you might talk to them about dedicated opportunities
Is there a b payment at the end??
Yes
What day of the week do operators get paid on with swift?
I’m not sure if they changed it since I was there. It’s been over a year since I was there, but I think it was on either Tuesday or Friday. Honestly, it would probably be better for somebody that is working there currently to answer this question for you as it may have changed.
@@truckertoddllc thank you
How the hell do you have a 7k gross at Swift on 3k miles? Did swift go to a percentage model on the contract rates or what?
Confusing as hell. I know FSC is banded based on the originating outbound location, but it seemed like the rates were different for every load.
What is the lease paying, gross, per mile?
That video was made almost a year and a half ago so I don't remember what I said in that video but all of those details were given
Whats us given mpg on ur truck loaded? Is it plus or minus 6mpg?
Way more than 6 mpg. Usually between 8 and 9.5 mpg depending on where I ran, what I was hauling, and how fast I was going
@Trucker Todd LLC. I've been out of the Otr game for a few years. Currently driving a 99 classic xl for a guy and looking into some lease companies so i can keep my net bring home similar to what I am now. But I see like 4 or 5 mpg in this truck lol
That's a super tough question. It's possible because you don't have a truck payment but you're losing the efficiency of a newer truck. Without knowing more about you and your truck it's impossible for me to answer that question but if you know your number you should be able to figure it out pretty quickly
@Trucker Todd LLC. oh no the truck isn't mine. I need to net around 1800 a week and for the most part I do here as a company driver. However weather impacts up greatly and wish to minimize that. So I need 1800 a aweek with 12 years in the seat and 3 years as a former lease op and trainer. So just checking places out
@@williamwadepaulus330 my average take-home at Swift was around $2500/week
So basically you get what you put into it.
I found that to be true with most things in life
Great information and keep trucking
When do they take out your payment
Weekly. I discuss it in the video
Trucker Todd what are the swift lease trucks governed at? Thanks
A lot of things have changed here recently but I will give you the information as best as I know it. Currently if you accept their forward-facing cameras it's 70 on the cruise and 72 on the pedal. If you don't want their forward-facing camera, you have to get your own insurance and your truck is governed at 68 on the cruise and 70 on the pedal. There have been a lot of policy changes here lately so I would encourage you to double check with a recruiter when you call in. I can help you get in contact with Michelle if you email me your name and phone number. truckertodd806@gmail.com
How much is the truck payment
Depends on which truck you select and which lease you select
Hi, I’m totally new to trucking. Let me put it this way, i know nothing about trucking but recently, I’ve been doing my research. I want to buy a new truck so i could lease it out to swift. I won’t be driving myself as i’m a medical student. Any advice from anyone would be highly appreciated. I want to know if it’s worth it.
Thanks in advance.
Honestly, I think it's a terrible idea unless you surround yourself with experienced trucking professionals. There's a lot to this and if you're thinking you're going to just hire a driver and put them in the track and make money, you probably won't. There's a lot of cost and overhead that you might not be aware of and honestly you don't know what you don't know. I've been doing this 27 years and I learn something everyday.
@@truckertoddllc thanks for responding. The reason I thought of leasing it out to swift or some other company was because of my lack of knowledge/experience in this field. I was thinking swift would get a driver since i’ll be leasing it to them. I totally agree with you as my little time of researching, I keep seeing new information all the time. So in your opinion, it’s not worth doing it?
@@chuksrichard3598 in my opinion you will lose everything you invest. You are busy with medical school and you won't be able to invest the time it will take to make it successful and after you take care of your driver and all your texts you will find out very quickly that you are making pennies and then hang on for the first break down that's not covered under warranty. Also during that break down you're going to have a driver that will want breakdown pay in a hotel and all kinds of stuff. Also the expenses don't stop if the driver quits and you've got to find another driver and it takes a few weeks
@@truckertoddllc thanks for this information. Really helpful.
I really enjoyed the video. Thank you for taking the time to share your experience. Stay safe out there! 👍
Thank you for taking the time to watch it. I really appreciate you as well, I'm glad you enjoyed it
Thank you
Keep the dream alive brother dam good haul for a week
great video, but wondering, ive seen a lot of leases with truck payments, i seen the deductions, but didnt see anything about a truck payment??
I remember covering it in the video but I don't have that information in front of me. It was filmed over a year ago
Can’t get a hold of Michelle
Email me your name and phone number and I will try to get her to contact you tomorrow. truckertodd806@gmail.com
Would you still recommend swift for a 23 year old truck driver first time lease in this market
I don't recommend lease purchase to anyone that doesn't have at least 5 years of over the road experience and quite a bit of money saved up. Maybe a company driver job though, it really depends on the person and their needs
Do you live near Houston?
No, I live in Lubbock, Texas. Houston is a pretty good hop from me
Are the lease trucks governed
Yes they can be as fast as 72 miles an hour depending on if you take the optional forward facing camera or not. For me the governor has not been a problem because I usually run slow to save fuel
I Jesus asking you if you’re working for another company today and what was the reason you walk away from SWIFT can you give me an update on that I was planning to go to work for SWIFT
I did a few videos on it. I bought a truck for cash from one of my viewers and went back on the spot market. Then I wrecked in totaled that truck and bought one from a dealership and I'm still continuing on the spot market
I would like to know if you are happier at swift than Roadrunner?
They both have their pros and cons but overall yes I was happier at Swift than road runner
How did you get out of your contract?
It would be best for you to read your contract and see what is required to get out of it. I’m pretty sure my contract is different from what yours is currently as they have made some changes to it I’m sure. technically it’s not a walkaway lease but you can get out of it you just might get sent to collections. So far I have not been contacted by collections
You didn’t take taxes out my guy.
Of course I take taxes out, that's a federal requirement. I don't take taxes out in my videos because everyone's tax situation is different and your tax liability will be much different than mine. I also don't take out car payments or house payments or health insurance because those expenses will be different from yours as well
I’m just trying to get an idea of net after taxes that’s all.
That would be a great question for your tax professional. As I said, everybody's situation will be different regarding taxes and personal expenses
Todd, I’ve watched and listened to you since Day 1. You are l credible which is key. Thank you Todd
Thanks my friend
Thinking about selling my truck and this headache and doing a husband and wife team lease ? Can u give me some advice, we normally stay out 6weeks at a time
Teaming seems to be where it's at right now. What companies are you considering?
Swift & US Xpress but swift pays more 1.15 for a team lease !! I’m just questioning is the frieght at swift
@@Zion7z I hear a lot of complaints from solo drivers but I haven't heard a lot from teams. Me personally, I would try to find something with FedEx or a company like that running team freight
Great information Todd thanks for your honesty brother. Be safe out there
If your happy with what your doing that's all that matters
Do you think it's a great time to lease a truck from Swift
For the most part yes. There's no question the economy right now is in a weird place but many analysts expect a big improvement in the coming weeks. I prefer to be on The cutting edge of when things happen and not to be a follower. Many people will want to come once the economy rebounds but at that time it may be difficult to get a truck. Right now you can get a truck with no money down but we've already been told that will change in the near future. So it's cheaper to come now and you'll be here when the economy improves in a few weeks if the analysts are correct and even if they are wrong, I'm still doing good here right now so it is possible to succeed even in these tough times
I like your attitude ! It's kinda rare this day and time !!! Wish you the best !!
R u still with swift and do you recommend them for recent graduates
No I left back in May. They are a good company to learn with. There's a lot of good companies to learn with. The key is to try to stay wherever you go for at least a year. The first year is very difficult but after that it starts getting a little easier
Fair enough brother
Sir yes you can be successful being an o/o if you want to make sub par pay! Not directed at you but lease purchase period! In my opinion if a driver can’t double what he would make as a driver he’s wasting his/her time! After expenses!
I ask you are you making that much? Honestly please!
I haven't made anything in 2 months because I haven't worked. But I can tell you, and it's clearly documented in past videos, that I average take home around 2500 a week when I was at Swift.
@@truckertoddllc Tks for your reply! I hope you’re not having health problems! Take care, Keith
No I had a bad accident in totaled my truck and had to wait on the insurance check before I could get another truck. I finally got the check and got another truck. Now I'm trying to do all the requirements to get the plates so I can run the truck. Hoping to start back working on Thursday
@@truckertoddllc well good luck to you and please be safe! I started driving in 1978 and knock on wood never had a accident but damn sure have avoided probably thousands! I shouldn’t have said that now I’ll be scared to leave the house!!
Are you still at swift on the lease ? How’s it going ?
No I left Swift back in May. No hard feelings and they were a good company. I just had bought my own truck and wanted to run the spot market. There's several videos about it out there if you're interested
@@truckertoddllc thanks brother I’ll look into it.
We appreciate your transparency and your honest videos don't worry about all the negative energy that other people leave in the comments. It's always going to be people like that
I had a great time as an O/O with Swift.
The money for me was great considering i also have a full military retirement pension and lifetime Healthcare. Loved driving for Swift.
Do you still drive for Swift?
No I saved up my money and bought a truck for cash and went to run the spot market again
@@truckertoddllc what is the spot market?
@@ScottFortune-f1u load boards, and dealing with brokers and negotiating my own rates
Thanks so much for the reply......Happy Holidays
@user-xc6su5sf4x thanks you too.
Are you still at swift
No, I saved up and bought my own truck for cash almost a year ago and went back on the spot market
Nice I am thinking about swift or snieder. I have cdl A with tanker hazmat and Twic card but I still need traning any suggestions
@andrewgrant4521 I would need to know more about you before I could give you a suggestion, but I would not go to either of those companies that you suggested right now unless you just happened to live in a really good area for that company
Such an honest and positive polite person.. Thank you Sir , for all the information. That can help others too .You were even nice to your detractors. This is the kind of person we all should strive to be.
Thanks I try my best
What about your taxes Federal State and local. How much do you have left after those? And let's not forget about SET . Self Employment Tax.. Use Mudflap instead of your company fuel card. Fuel saving is greater. Pay your own IFTA taxes.
I don't discuss taxes in my video for the reasons you mentioned above. I'm in Texas which is a low tax state but many of my viewers are in higher tax regions of the country. I give people my numbers and then they can determine what their own taxes would be from those numbers. But my numbers are just that, my numbers. Your success might be greater or less than mine based on your own performance. My performance will have no effect on your performance
I'm a 25-year experience. truck driver last 17 years as a owner operator my 06 freightliner been paid off 10 years now I bought my truck from a truck dealer. I have my truck on with a very good company only drive in the south east states of the USA home every weekend and my company don't deal with any broker loads they only deal directly with the customer
I would never lease a truck through a truck company. the best way own a truck just go to a dealer lease a truck from any truck company is a big scam never do it
because if you get fired and the truck not paid off the truck stays with the company and lose all the money paid in into it and in the long run the lease truck price is way more than at a truck dealership I'm hopping in a year or less I will buy a newer truck at a dealership
I have my eye on a 2019 western star that is forest green and fully loaded was just over $95,000 now its $85,500 that was a month age it was just over $95,000 I might wait to paid off 2 bank loans then get a bank loan to buy a newer truck
I have excellent credit
Yes there's pros and cons to every financing option. I'm glad you found the best option for you
Thank you for this video. What is the name of the country song and please can you make a video for or anyone would be a truck driver from the CDL training program. Untill be able to lease the truck to purchase please thank you
All of the information about the song is in the description of the videos. I can try to make a video about the CDL training program if I can get to one of the schools. It might take me a few weeks before I can do that
@@truckertoddllc Sure No problem and Thanx
Are you still with Swift?
No, those are old videos. I left them almost 2 years ago.
Thank you the information sir.
Lease purchases are purposely designed for the driver to fail and never pay off the truck. Not a good idea
I agree with you that most of them are designed that way. But there are a few good ones
Gonna sub and watch more vids. Good, simple, and concise. 😎
Are you reefer or dry van?
Dry van
Thanks for the info appreciate it
Great video
Thank you very much for taking the time to watch it
3k take home on a lease is not bad at all. I'm impressed
It is. But my concern would be after taxes and insurance you'd be hardly making more than a company driver, Its what stops me from Lease op. I average about 12 to 1500 a week. I dont wanna lease just to make another 500 a week. That dispatcher, Id have to trust to give me enough good loads and depending on others is what bothers me lol
I Average about $2,500 a week which is a thousand a week more than you. But even if our pay was identical, at the end of the lease I've got a truck that I could sell, and you have nothing. I also have tons of tax deductions available to me that you don't have. I'm not saying it's for everybody, and if you're happy being a company driver then stay a company driver. You say that I'm hardly making more than you but I'm making somewhere around $50,000 a year more than you and to me that's more than hardly nothing. Also you mentioned dispatchers, here I deal directly with the planners and I'm also supposed to be beta testing a load board and at my last job I ran 87 load boards and selected my own loads, so I'm not relying on a dispatcher for anything really
Yeah if your home by the weekend
For new cdl drivers is a good deal
New drivers should not be doing a lease purchase until they have at least 5 years experience in my opinion
Hey man, I appreciate anyone who shares their perspective. Thanks for taking the time to make this video. 👍🏻
No problem glad you enjoyed it
i only get upset because guys will make a 30 minute video and will talk 28 minutes before you talk about what we want to hear
Yeah I don't like what guys do that either I'm glad I don't do that
This is very inspiring God bless you and keep up the positive attitude this is what we need in this world today to help and love one another because we all are one because at the end of the day no one want their kids fighting amongst one another so we all are God's creation and the same rules applies because at the end of the day we are all one
Good for you. Don't worry about what anyone has to say. You keep doing what forks for you.
Stay safe
Don't recall meeting you.
Your name just sounds really familiar. Do you work for Swift or are you a recruiter at another company?
O/0 at swift my friend.
I'm not sure then. Did you receive some kind of award from the company or something? Or maybe we're out of the same terminal or something? You never know started off being based out of Greer now I'm based out of Oklahoma City
Do they have regional routes? In or around the I-10 I-80 and I-35 to I-77?
Their regional and dedicated opportunities are always changing, it would be best to contact them and see what they currently have available if that's something you're interested in
So long as YOU are happy where You
are it shouldn't matter what Anyone else thinks ( They aren't paying Your
bills ) ! You give " REAL WORLD " advise ( and commentary .. and
best of all , it's on things You have experience with ) !
It does show your truck payment or did you get your truck outside of swift
I got this truck through Swift.
Do swift wave all truck notes for 6 weeks or just the newer models
It's been reduced to 30 days because of truck availability. When I started they had a lot more trucks available than what they do now so the incentives are slowly being reduced. That's why I tell people not to wait, go ahead and apply now with Michelle.
Does that apply to the mrp program as well
Yes.
I am going through the hiring process for Swift Lease right now. What advice would you have?
Inspect your truck really really close, read your contract very carefully, and talk to as many current lease purchase drivers as possible. Many are reporting having a hard time getting loads and sitting for multiple days
Any 2023 trucks low mileage like 100k or less?
Soar pays $1.35 mile plus 100% fuel surcharge and new truck lease is $300 a week, no trailer charge no deadhead pay and they lost most contract companies now. I broke my foot 5/9/23 so I turned lease in but not retiring lease operators leaving in droves, sit for loads and the broker everything now
Great video and very motivating. Thank you. Keep up the great work my friend. Piss on what others say. People talk crap. I hope you have a fantastic one.
Thanks I appreciate that
Do you ever run through west Tennessee
Yeah I've gone through Memphis several times here lately
I live in dyer CTN
Oh ok. I know right where that is
Thank you for your candor and honesty. This video helps others. And you are brave, bold, and a true gentleman. Appreciate you, Trucker Todd on TH-cam.
What are the trucks governed at?
It depends on if you take their optional forward facing camera or not. If you take the camera it's 70 on the cruise and 72 on the pedal. If you don't take the camera it's 68 on the cruise and 70 on the pedal. But I would recommend you never achieve those speeds. When possible I do 60 mph to maximize fuel economy. Their fuel surcharge here is very good and you can make great money if you can control your fuel cost
Great message leading off. Good solid and positive energy. Much obliged sir!
Dart oh yes
Thanks Todd, your videos are probably the most honest on the tube, straight forward
Thanks I try real hard to be honest. Sometimes my mouth gets me in trouble but I try to remember people are making decisions based on the information I give them and I don't want to give false information and cause someone to make a bad decision. Most of us have families were trying to support and false information could really hurt somebody's family and I don't want to be responsible for that. Thanks for watching the videos and for the good comments
Hey man they give kenworth T680 for efect lease ? And I have to put down payment for that ? And how much?
You are the Man who I really need to learn from . Thanks
Hi, I’m about to become a Owner Operator in a week. I’m kind of nervous but excited.
I’m here in Dallas. Any advice to run 2500 to 3000 miles in a week. Where to run in the U.S?
Any apps? Should I do dedicated or OTR?
Like what’s the best path to run a lot of Miles?
That's kind of a tough question to answer based on the limited information I have available to me. For example, i don't know what kind of freight you will be hauling or what your goals are? But generally speaking, I would focus more on revenue instead of how many miles you run. Ideally, you want to run the least amount of miles you can for the most amount of revenue
Okay cool. I’m here with Swift. I’ve been with Swift for 10 months. Is there a email I can email you with. or even leave you with my number to do a quick call. I have so many unanswered questions on being Owner Operator. And I want to learn from a experienced Owner Operator
@cmcs-zg5kv todd@truckertodd.net
does swift have fuel discounts?
Yes but admittedly they're not great. I recommend getting an outside fuel card and I will be promoting one very soon. If you use the Swift comdata card oftentimes your best discount will be at the terminals. At the big five truck stops they offer a nickel off of cash price, which is not significant in my opinion but it is better than nothing. One way they make up for this though is that their fuel surcharge is much higher than most other companies
I enjoyed your openness, sincerity and humbleness. Perfect example video for everyone to watch, and for those of us that can learn from this and being an awesome human being. I myself have been researching so that I could become an owner operator by way of lease purchase. six years of OTR. and loving every mile of it. much much continued success with you and your venture and blessings to yourself your family, and loved ones.
are companies doing lease purchase for California drivers?
I'm not aware of any, California has pretty much made it illegal in their state
ok thanks. Guess ill move first then re assess.
Yes you also need to get your license moved to another state. There's currently 10 states that are considering this type of legislation and you want to make sure you're not in one of those States
ok do u have the list of states or a link to find them so i can avoid the BS!
I would hate to move then get rug pulled from becoming a lease/op
Each company has their own requirements but typically the red states are better to move to than the blue States
What day does the pay period start and end. Thank you
Basically payday is on Friday and you receive your direct deposit between Saturday and Monday depending on your bank. Payroll is guaranteed to be paid by Friday if you scan by Tuesday but oftentimes they will still pay you if you scan on Wednesday they just don't guarantee it
Great guy
Thank you for the information God bless you
I’m thinking of joining Swift and this video been very informative and helpful. Thank you 🙏
What was your worst take home?
Are you still leasing?
Was looking to lease with swift
I will be satisfied if I brought home 1600 a week after everything deducted
It's possible to have weeks where you are in the hole, maybe several weeks due to break down or home time. This is why you need to have a good nest egg before you get started
I kept watching and subscribed after he gave good energy
Thanks. That video was shot at approximately 3:00 a.m. in the morning. So at my age anytime I've got energy at 3:00 a.m. in the morning it's a pleasant surprise LOL
What do you think about a 2 year 2018 truck with 550k miles on it? I prefer a shorter lease but I'm nervous about it the truck having over 700000 miles when payments are over and I fully own the truck.
It's hard to say. It depends on the maintenance history of the truck and how well it was taken care of. If they have any maintenance records you could look at, it would tell you a lot about the truck
@@truckertoddllc That makes sense and I'll definitely look into it. I appreciate your response! I also just found out this particular company keeps 35% of the fuel surcharge. That seems a little unfair to me but I just watched one of your videos that provided a bit more context on why they do it. I'm happy I've found your channel and I plan on bingewatching more of your content 😉
Yeah please stay in touch and let me know how it goes and you might want to email me what company it is. I may have other drivers that become interested in them at some point. todd@truckertodd.net
Appreciate all of your information I stayed to the end and it was worth it
Dang 6 weeks? That’s one heck of a head start
How much should a lease operator put aside for taxes?
I generally try to avoid tax questions because it really depends on a lot of things such as what state you live in and how many deductions do you have and things like that. Generally speaking you want to save anywhere from 15 to 30% but as I said it could vary greatly on a number of factors. One thing you can do is once you start getting quarterly estimates from your tax accountant you can save according to those quarterly estimates. For example if there is 12 weeks and a quarter and your tax advisor recommends you pay $2,400 quarterly then you would want to save about $200 a week or possibly a little more just to be safe
@@truckertoddllc got you. Safe travels.