OK So What's The Deal With Prime Lease?

Topic 11503 | Page 2

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Sam C.'s Comment
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When I say they push you into lease I mean the teacher or whatever they are. When I was in upgrading we had a few classes to take and in every class they would ask who was going company and who was leasing. The very next statement they made after we raised our hands for company was "do you realize how much money you guys are leaving on the table?" then they would go on about how much more money we could make as lease. This seems like pushing to me, along with my own fm bringing lease up.

Fm:

Dispatcher, Fleet Manager, Driver Manager

The primary person a driver communicates with at his/her company. A dispatcher can play many roles, depending on the company's structure. Dispatchers may assign freight, file requests for home time, relay messages between the driver and management, inform customer service of any delays, change appointment times, and report information to the load planners.
Ernie S. (AKA Old Salty D's Comment
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When I say they push you into lease I mean the teacher or whatever they are. When I was in upgrading we had a few classes to take and in every class they would ask who was going company and who was leasing. The very next statement they made after we raised our hands for company was "do you realize how much money you guys are leaving on the table?" then they would go on about how much more money we could make as lease. This seems like pushing to me, along with my own fm bringing lease up.

Your trainer I take it is a lease driver, most of the lease drivers try and get you to go lease because they think it is the way to go. Because you are on a lease board (your current FM only handles lease drivers), they try to persuade you to go lease.

As I showed earlier, the reality of it is that they do not take home any more money than you would as a company driver. But the risk is much higher because now you are responsible for all the things the company is currently on the hook for (tires, repairs, etc).

Now I will not lie when asked would I go lease again, and yes I would because I experienced the extra perks you get at Prime as a lease driver. But I will say again, it's not for everyone. If you manage your time/monies correctly, you do stand a chance of making out very well when you complete a lease with Prime. Not going to lie about that, just keep in mind you have to manage it like a business and most folks do not and get themselves in a jam because they don't.

Good luck with whatever decision you make.

Ernie

Fm:

Dispatcher, Fleet Manager, Driver Manager

The primary person a driver communicates with at his/her company. A dispatcher can play many roles, depending on the company's structure. Dispatchers may assign freight, file requests for home time, relay messages between the driver and management, inform customer service of any delays, change appointment times, and report information to the load planners.
Sam C.'s Comment
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You're reading it wrong. I am not with a trainer, haven't been found 3 months now. I was talking about the upgrade classes.

Ernie S. (AKA Old Salty D's Comment
member avatar

You're reading it wrong. I am not with a trainer, haven't been found 3 months now. I was talking about the upgrade classes.

As in going from company to lease driver?

Ernie

James P.'s Comment
member avatar

double-quotes-start.png

You're reading it wrong. I am not with a trainer, haven't been found 3 months now. I was talking about the upgrade classes.

double-quotes-end.png

As in going from company to lease driver?

Ernie

I believe he is referring to when he finished his time with his trainer and was upgrading to solo driver. They seemed to want more drivers to lease than to go company.

G-Town's Comment
member avatar

Sam they may be applying pressure because like most companies they need to make their "numbers". It's close to year end and they are probably trying to hit their lease targets for the year. Like every carrier, Prime makes money off the lease, they reduce their liability cost and they still make money off the miles you are driving. It's win win for them, of course they want you and every other driver in a lease.

Although O/O is not for me, maybe it is right for you. Regardless like most every person replying to you, wait until you have a year of experience under your belt. You have 3 months. Try to be patient, those leases will still be available next August. Give yourself a fighting chance to succeed by continuing to learn this business on Prime's dime, not yours.

HOS:

Hours Of Service

HOS refers to the logbook hours of service regulations.
Sam C.'s Comment
member avatar

Yes. I've been company solo for the last few months

Doug 's Comment
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If you cant pay cash..... you cant afford it .....embarrassed.gif

Sam C.'s Comment
member avatar

Hence why I'm not buying a truck lol.

Phox's Comment
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I fail to see how it can be possible for there to be a 90 mile difference even if they are basing it off zip code to zip code. You show me any place in the usa that has a 45 mile area in a single zip code and I'll eat my socks after a long sweaty day of welding. Even san antonio which isn't 45 miles from 1 end of our outer loop to the other has at least 8 zip codes in that range, your average distance across a zip code is probably 10-15 miles top, so at 15 miles to assume you went from the very edge of 1 zip code to the furthest edge of the other you should only lose 30 miles... not 90.

Things like this are lessening my desire to work for prime tbh. I don't want to lease and there are plenty of other good companies I can go to where I will get paid for the miles I drive. The way I see it, if you don't want to pay me for every mile that turns on that odometer while doing something for the company, then you shouldn't pay me CPM and instead should pay me an hourly wage.

CPM:

Cents Per Mile

Drivers are often paid by the mile and it's given in cents per mile, or cpm.

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