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Topic 24070 | Page 11

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G-Town's Comment
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Say it ain’t so...

I know many of you will disagree with my decision, but after thoroughly considering all facets between company and lease op, I have for a variety of reasons decided to go lease op.

Yup, entirely. Leases are skewed in favor of the company. Plain and simple.

What are your reasons? Please share.

Michael S.'s Comment
member avatar

We may not agree with your decision, however it was yours to make. Please stick around and keep us updated on how things go for you.

Absolutely, I wouldnt be where I'm at without the great advise, help, and encouragement from the awesome people here!

Old School's Comment
member avatar

Michael, you already know how we think it's incredibly foolish to start your trucking career as a lease operator. I'm not going to keep gnawing at that bone, but I just have never understood how you guys who love all the advice we give in here seem to think we don't know what we're talking about when we advise you not to lease a truck. confused.gif

Could you address that for me? Could you explain the lure? It can't be the money - one of Prime's lease drivers gave us the number for failed leases at Prime coming in around 75%! They went broke. So, what could possibly be pulling you into this snare? I seriously want to understand it.

PackRat's Comment
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Good luck with your awful decision.rofl-2.gifrofl-2.gifrofl-2.gif

Turtle's Comment
member avatar

Congrats on making it through the 30k TNT. I sincerely wish you nothing but the best going forward. No, we don't agree with your decision, but at least you have some past experience to draw from.

But I gotta ask:

after thoroughly considering all facets between company and lease op,

Just what are those facets you thoroughly considered? What led you to make your decision? I'm genuinely curious. We ask this all the time, but never get any solid verifiable answers. Just the same ol' -Be the Boss, make gobs more than a lowly company driver, go home when you want, etc. etc. None of which is true, or at all distinguishable from a good company driver.

Good luck though, seriously. Let us know how it works out.

HOS:

Hours Of Service

HOS refers to the logbook hours of service regulations.

TNT:

Trainer-N-Trainee

Prime Inc has their own CDL training program and it's divided into two phases - PSD and TNT.

The PSD (Prime Student Driver) phase is where you'll get your permit and then go on the road for 10,000 miles with a trainer. When you come back you'll get your CDL license and enter the TNT phase.

The TNT phase is the second phase of training where you'll go on the road with an experienced driver for 30,000 miles of team driving. You'll receive 14¢ per mile ($700 per week guaranteed) during this phase. Once you're finished with TNT training you will be assigned a truck to run solo.

Michael S.'s Comment
member avatar

Technically I'm not starting my career out as a lease op, I have 15 years experience, but been out of the game for 10 years, also I did previously do a lease op with another company and actually made pretty good money back then. I have a pretty good business head on my shoulders via a lot of years of self employment, and I do know how to work a lease, run and operate smart and make good money at it. Primes lease program is actually way better than the one I was involved in previously, and I did well there. The only reason I quit leasing and got out of trucking before was that I took the money I had saved up and pursued a different business opportunity at home to make the significant other happier,,, single now, and, although I came here planning on going company, I just decided after looking at their program to go for it.

It's not a dis on advice given by people here, I received a lot of great advice that I've used here, and I did consider the advice about leasing, but self employment is just kind of ingrained in me after all these years and is my preference.

Michael, you already know how we think it's incredibly foolish to start your trucking career as a lease operator. I'm not going to keep gnawing at that bone, but I just have never understood how you guys who love all the advice we give in here seem to think we don't know what we're talking about when we advise you not to lease a truck. confused.gif

Could you address that for me? Could you explain the lure? It can't be the money - one of Prime's lease drivers gave us the number for failed leases at Prime coming in around 75%! They went broke. So, what could possibly be pulling you into this snare? I seriously want to understand it.

Rainy 's Comment
member avatar

Congrats and good luck.

Please read the contract about 100 times. And this thread.

Actual Annual Lease Op Figures

Also be aware that freight rates dropped. Most solo lease ops are only getting $800 per week before taxes.

0225669001555072809.jpg

I never rely on Facebook, but it amazes me that while the lease ops are complaining they are making HALF of what many company drivers are, they still do it for the "be my own boss" feeling.

I left Prime with a student on Wed of last week. i talked to my FM one time on the phone since. Otherwise it was message of a load, shutting down, and ETA stuff. So i am my own boss. I route and fuel where i want, and actually take time off unlike most lease ops.

Please consider doing company for a couple months. You may be surprised at your freedom and lack of anxiety. If you cant stand it then switch, but do not listen to the lies lease ops perpetuate a out the differenxe between company vs lease.

Either way, im here to help you once you get out there.

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.
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