Yo what’s up bro I’m a owner operator but if I have a truck I wanna buy I call you guys and you guys can help me out financing or do you guys sell trucks as well
Yeah they aren't lying. Honest with the deals they offer. Bob and Asian mai are good people. Got me my first truck. Best decision Ive made.. leasing should be your last option.
Good interview, his lease was definitely highway robbery. He made it through and he was transparent about his experience. much respect to you Asian Mai
I don’t get why everyone acts so surprised everyone knew what they signed when they signed on. Nothing is hidden all fees and deductions are listed up front. This isn’t a walk away lease or a lease where you’ll never own the truck you very well could own the truck when the lease is done just be smart the maintenance account don’t touch it unless absolutely necessary let that stack up there’s no reason you can have $10k+ saved up in it at the end of the lease and if you’re budgeting and saving money in a business account on top of that you should have another $10k+ saved up at the end of the lease all your truck payments went toward paying off that truck so now you have 4 options 1. make a balloon payment and get the title to the truck 2. Extend the lease to lower the balloon payment 3. Trade in the truck for a newer one and continue leasing 4. Walk away from the program. You can take the 10k+ in the maintenance account and use that towards the balloon payment or walk away and take that money to a dealership and buy a new truck and if you were smart the money saved up in your business account can be used to buy your own trailer or go towards that new truck or don’t touch it and continue to let it stack. SFI gives you the tools and means you need to get a foot in the door in this business think like a boss and you’ll succeed think like an employee or company driver and you’ll fail every time 🤷🏾
Crazy how this guy says he bought a daycab to avoid sleeping in the truck but he chooses to deliver grocery loads. Judging by his whole demeanor, his biggest expense is his wife.
He's too busy playing Pussy Police instead of focusing on that 💰... and in the end... his wife will look at him as weak... and resent him for it. He'll regret it in the end... when she leaves... and he thinks of alllllll the money he lost out on.
After watching this video all I can say is I am happy that I live in the south, I’m not married, and have no kids. I’ll be getting my first truck early next year more than likely and my plan is to be out for at least 2 to 3 weeks at a time which is what I’m used to doing anyway and I’m just gonna pay myself a salary of $1000 a week and everything else will go back to the truck so hopefully if I do well I can pay it off a little quicker and have a good escrow and what not ready to go.
A guy told me when your o/o. You keep ypur payscale like if you were starting out as company driver. Right after upgrading from student. 0.30/cpm or whatever. (Loaded of course) That you will have a nice chunk of change and big decisions to make at the end of the year.
@@Bigfred818ou noticed that too right?? What the hell is that about??? I never understood the secrecy. I did see one video where he made 7500 and brought home only 1400
This interview is FUNNY I leased through SFI and have a 1100 a week payment still bring home about 3500-4K after payment it’s all about where u lease on with !! If u want to make money u got to drive the damn truck period and I’m home every weekend!!! Different strokes for different folks I guess
How much are you putting in a maintenance account for major breakdowns? How much of that are you saving for the large balloon payment? How much are you saving for your lease payments when you break down? Yeah you bring in a nice amount but it's always money tied up or needed to be saved so whats the point?
Since the situation is about the same (I know people in the places he's subbing out to); he's probably doing pretty well. Obviously the fuel is more expensive, but the rates have been following for the fuel surcharge. As long as he keeps his spending under control, he should be making pretty good money.
The good thing about Schneider is you will have a payment history when you go to the bank to get a loan. You might have to suffer a little while to get ahead.
Schneider don’t report commercial credit to the bureau is in the house the only credit you will have built is through Sfi for them to lease you another truck
August of 2017. I got a semi truck from Schneider Finace and I didn't pay anything. Not one penny ! I drove as a company driver for 6 and a half years. I applied for them and they approved me for a used 2015 Freightliner with low miles. Anything's Possible. And yes,it's possible to make the same amount doing Local as an OTR especially if you love to Grind & Hustle. I Salute you ,Man. Drive safe and Get to the 💰💰💪💪
@@pauld9561 Exactly 👌🏿. I ran Local from Atlanta to Savannah during the week. Fri -Mon I shot out to Tx or Louisiana if I did work over the weekend. But Staying Local is the Same as OTR if you know what loads to take. There are Plenty of Local Loads in the A with Good rates for some of you owner opps !👍🏿
I dealt with Bob he is a good dude, we couldn't work out a deal, but it wasn't because of him, mind you I have a 740 credit score. He could have match what I had. But he was so honest we just left it at what it was.........
I either buy our day csbs cash. Usually can find a good deal for 15k. Typically fonsncd for anything 20-50k. Payments range from 650-1500/month. I recommend learning how to do minor repairs and maintenance, itll save a lot in cost.
I just left Schneider in Oct, 2020, with an SFI truck. To xfer to Landstar was Xtra $1400. Truck payment is $1200 per week. $4800 per month. What local guy is saying, is spot on.
I am with you on this one I speak with couple of driver cause I am about to jump on SFI and all I hear is good things and is double and now I see local guy here saying talking about the numbers and I don't know something don't add up but it all good everyone situations is different
Dude I kept hearing you say 595 truck stop, I was like what! I live in Tamarac and I’ve parked there when a company driver for Pam so I check you guys when I come home in July to chop it up!🙏🏾🙏🏾🙏🏾
Thats most first time owner operator big mistake. Buying brand new rig. When that 160k rig is paid, its only worth 40k. U lost over 100k that could of went in your pocket.
@@navado75 it is a write off. What good is that if its not in your pocket. For a large fleet, no problem. But for a 1 solo driver owner operator. Not worth it too me. That 160k truck is pretty much the same as a 70k used truck. Much smaller payments
@@DanielGarcia-zz9eg to answer your question may take a bit but if this helps 1 person here we go. New trucks make more profit than old trucks even with a $3000 payment. I've only broke down once per truck per year in 2 years of buying them. My old trucks cost over $12k yearly in maintenance that now is $2400 for routine PM service. With that said I'm not losing time and money doing repairs. At the end of the year my profit is more than my old trucks did and I get to write off the truck deprecation lowering my taxes putting even more money in my pocket. Hard to believe what I'm about to say but it will be as if you are not even paying for the stupid truck. Why do I say this? Because you will make so much more and pocket more but pay less in taxes. Hard to believe but I have no need to lie. Good luck and hopefully you understand what I'm saying.
I pick up my truck from SFI in a couple weeks I went used they kept trying to push me to get brand new truck saying my wkly cost wouldn’t be much different only like 100-150 but I plan to buy my truck at the end of the lease and the balloon payment is no joke on a new truck. The original plan was to pay $5500 deposit and go straight to a company of my choice but with the truck shortage they’re only leasing trucks to people going to Schneider or Landstar so I paid $500 deposit for a used 2021 FL with 80k miles and the plan is drive for a month or 2 with Schneider then pay the 5k to transfer I don’t know if they changed the transfer amount or if it depends on the company you transfer to but be prepared to pay 3k-5k to transfer.
Damn, you guys just sign up for anything. These leases are crazy. You drivers can’t be that stupid. Stop doing leasing. Let that part of the market go away.
@@mctransportation9831 there is nothing that will brings rates down. If something makes it cheaper, the extra will go in someone’s pocket. The rate will always stay the same if not go up.
I pay 1115.00 a month x 48 mo on a 2015 freightshaker with under 500,000 miles. I couldn't imagine paying 2,000-6,000 a month plus insurance on a truck with the fuel blowing up the way it is right now.
@@nealmcgillum3921 yea it had 1 month left of manufacturing warranty and then I bought a 1 yr 100k warranty. I bought my truck from freightliner in dallas and run my own authority, fuck giving these companies most of my money.
@@truckingwithcliff sounds like the way to go. I've been watching other RUclipsrs and seem like buying a used truck with some warranty is the way to go but I'm just assuming. Thanks for your response bro.
@@nealmcgillum3921 I had good credit just not enough and still got financed through Daimler Chrysler truck finace, truck was 39,000 and I put 8500 down bought extended warranty road side and tow reimbursement and tires reimbursement and my payment is just over 1100 a month for first time truck owner interest Is around 8% not sure if it was my yrs behind the wheel that helped but the sales person said he's never seen a first time owner op get the interest rate I got. Private dealers I called wanted 20-50% down I nicely told them to fuck off.
I think people getting into the market are not looking at these contracts and agreeing to them in a business type of thinking. No business is going to sign up to a contract that benefits the other side the most, when your business is doing all the work. If the contract doesn’t support your company on at least a 60/40 split, then it’s not benefiting you. That is not a good benefit to your company. Starting off with bad business decisions will not lead to success. Just because they have the truck, doesn’t make them out to make majority of the money. Without you, that truck isn’t worth anything. We should see, “I made $500,000 and had to pay out $200,000 in leasing.” Not the other way around. You the driver has the upper hand. Stop giving it away.
I don’t get what the issue is. I paid 5000 to register and plate my truck. 5000 deposit for insurance and 2000 a month insurance payment. My monthly truck payment was 3500 because I had bad credit with 10000 down payment. I paid it off in 2 years. I honestly think they got it easy as long as rates are good.
Having a day cab does NOT guarantee you won't find yourself sleeping on the road anyway. The problem is... Now you have to find a comfortable position in a day cab and still be able to actually move around when you wake up, assuming you get ANY sleep at all... Best off getting at least a tiny integral sleeper, just in case. It WILL pay off in the end. At some point, unless you quit and give up early, you WILL need that bunk eventually, and a motel may not be available...
I put 7k down on my 15 Cascadia with full outframe rebuild done by dealer I bought it from. No credit check. 2500 to delete. No issues. Payment 1550 a month. I make 1650 a day in 10 hours and I'm home every day.
$ 6,000 pr month multiplied by 12 months equals $72,000 pr year . Have not yet mentioned insurance, maintenance, tires, fuel, state compliance stickers ect ......If the truck cannot gross at least $300, 000 pr year this arrangement is completely lopsided towards Schneider a raw deal that sets one up for failure and financial suicide!
I would have financed my truck if I knew about you guys. I bought it cheap with cash because I didn’t have credit and now I’m suffering with expensive repairs. Buy the best truck you can afford.
I had an SFI and I would take a month off at a time and at most 2 weeks out at a time. Being in the north east is easy money 💰. A high payment is not bad as long most or all your payment is going to principal.
Finally somebody came out talking positive and making money 💰a lot of comments here about leasing is negative for a lot of people but to me I think is double if you work this company is giving out the tool for you to go out there and make good money forget about what they charge worry about what you can make for your pocket just do it
@@AFMASTERING yup the key is not to let them trick you into leasing the brand new shiny truck. Even if they say the payment will only be $200 more at most don’t fall for it the balloon payment is double sometimes triple for a new truck.
@@RandySoWavvy Lease for the payment history not the truck. Take what your balloon payment would have been, and put it towards the down payment on a more favorable lease or loan you'll now qualify for because you have established business credit.
No way I would pay that much for a truck 😂,however the North East does pay more than most states. The north has horrible weather in the winter. You can be home everyday or at least 3x a week if you live in The right state for sure.
I almost went through SFI. Decided to finance a 2016 Volvo. I rather pay about 2k a month with insurance and everything instead of 6k a month. That is literally highway robbery.
So pretty much as a owner operator you have two options. 1 get a new truck with high payments and have less breakdowns or 2 get a piece of 💩 for cheap but continue to dump money into it. Zero winning 🤦♂️ all the trucking companies need suckers
Not at all how it works. I bought a 36k cascadia with 482k miles. Has been a great truck for almost 2 years. Deleted the DEF system and it's been running hard. A truck will make or break you, can't be stupid tho.
@@jacob-v8567 it definitely depends on what you haul. I haul gas over 100k pounds and trucks run almost 24 hours per day. After 400k miles they are junk.
@@radekwe8681 yeah thats true. I run containers locally so the trucks get pretty beat up in the railyard but we make really good money. Idk my dad bought an 05 Volvo for 30k in 09 and that fucking thing is still going strong with almost 2 million miles. You really have to treat your equipment good.
Spent two years with them from what l hear I'm one of the last teamsters they hired , l remember going to interview and there was probably 30 drivers when they were finished ,there were 2 of us left
The problem with buy a truck right now is fuel prices are going up, n they will go way up. N in a few years your auto liability will be between 2 n 4 million putting your monthly payments in many cases over 4,000 a month. The one truck/ small fleet owner is going out of business when that happens. My question is why buy now? Do research n look at what’s coming down the pipe.
Yeah he just said he’s paying 1080.00 per week. That’s only a bit over $4K not $6K. Everyone has insurance payments. And Schneider don’t charge rent for their trailers. This guy is not being very truthful in his story. He’s paying all that because he pulled his truck from Schneider.
@@rhoodj the only people to get denied are ones with too much debut or too many bills if you’re already in a hole they’re not going to risk making it worse
The thing about interim leases and rent with penske. Theres no escrow to deal with from most megas or other carriers. And all maintenance is free from penske.
@@someguyfromtheinternet5102 I rented from penske before and they weren't charging me for all the extra mileage. When I turned the truck In, they charged me $7000!!!!
@@someguyfromtheinternet5102 did you pay it right away? Did they give you back your deposit? Fkn scam artists. Now penske wants a $20k deposit on tractors. It's getting crazy. I went with someone else.
@@ModernMessiah it took awhile. I bought trucks. Older... easier to fix. Ended up selling two FLDs. That wasnt the plan. But i intend to use penske again if i were to start over. That part about the 20K down.... yeah. Ryder started doin the same shit.
I am a new driver working for my brother. Any suggestions for a company to finance through that gets deals done . I have over 640 credit with nothing bad on my credit and my brother will put down whatever he needs to to get me in a truck.
I live in CT pick up at the water place all the time .I thought this had his own thing watch him and truckers coach .They made it seem like he had his authority. I will say this if he work it correctly he make gd money . You can you to Allentown p.a. and back to c.t. that lane pays 1800 to 2000k just to come back to CT maybe 390 miles at best
That guy in the orange just wanted to be home all the time and it’s clear he is not business oriented and that’s why most people fail at leasing trucks
I can't believe the post please tell me this is a joke. He crazy my take home was almost 6k today. I'll start my business and I need you to work for me I'll be a million in one year😁👍🏽 bro you look bigger then 250 🤣😆. I'm married and I took this week off and leave and come home when I want I have a great wife that take care of our children and work. With that being said everyone situation is different but I'm blessed to be able to finance my truck paying 500 a week to my truck. You have to have the right company first and the one you was at was the wrong way to go.
There good leases out there just have too look an find the info my friend takes home 14 or more gees a month.. yea its a lease but it's better then a company driver if your trying get the money fast an get your own stuff ...
Did they mention that Schneider finance has a baloon payment??? You have to run the truck so hard that doesnt even have equity worth the baloon payment in the end...you basicly paying them and all their expenses to make make money...I have seen cases where a driver picked a load that paid well, which they took away from the OO and gave to a company driver because they would make money...they are gonna feed the company before the OO...IMO its a scam they give just enough to keep OO hanging around out of fear
This is absolute bs. I’ve had two leases from SFI and first of all I don’t know why he seems so shocked and surprised, they show you everything before you sign. You know exactly what your payments are going to be. You don’t go in without knowing this. Also. I don’t know what kind of truck he got but my highest payment with them was under $760/week. Also Schneider does NOT charge you for their trailers!! There’s is NO fee for that. He’s absolutely full of it. Unless he signed some kind of deal that sucks raw ass he’s full of it.
Im looking in to them I've been driving for 5 years. Schneider seems to have the most flexibility. I've looked at a few leases im currently trying to figure out the best one to choose from
I’m sitting here listening to this as well, and smdh. I’ve leased from SFI since 2015. I just paid off my 2020 Freightliner & picked up a 2022 Volvo. It’s my 4th lease. This guy said himself that his lease payment is $1080/week (and that’s probably including the maintenance account contribution), but he’s adding in EVERYTHING else that he’s paying to be an owner op (insurance, trailer fees from the company he’s leased to, tag, escrow, etc) and he’s coming up with $6K/month. By the end of the video, they have him paying $7-8K ($84K/year) and blaming it all on the truck payment. This video is slanted against SFI & intended to promote the other guy who’s selling trucks. Total BS.
Im leasing with western express. Its 4k a month. And then about 5k a month in fuel. But that includes insurance as well. Total revenue monthly is about 16k+ though. So im still avle to bring home about 6-8k a month. It fluctuates depends on frieght.
@@mikenike1616 those truck drivers who's making that amount of money on a monthly basis are not paying a lease payment. They owned a truck straight up.
What happened? Title said 6k for leasing a semi truck....Instead it is all deductions for leasing on to Schneider including insurance and a trailer....this kind of stuff is why people get so confused in this industry. Need to keep it clear please :(
He was paying monthly $4400 for the truck payment and maintenance account and then an additional $1600 for insurance, plates, and trailer rental. All of this is written down before you sign. Nothing is hidden. His truck payment alone was probably around $900 wkly the extra $188 went into a maintenance account which you can use that money for anything but if you don’t touch it after an 18 month lease you’ll have $13.5k saved up to do with whatever you want you can buy your truck or take that money to a dealership and use it as a down payment.
@@RandySoWavvy Sfi told me I’m approved for a cascadia, 3500 down and weekly payments of 1125 a week, what’s included in those 1125 dlls a week? Is it just the truck payment?
@@dasar2234 that’s including your maintenance account. SFI payments are solely truck payment + maintenance account. Your insurance, plates, etc will all be additional fees you’ll have to pay
Would love to hear from bob how much higher rates are now with truck pricing being nuts. Lenders covering there ass on trucks that will drop in value more than usual because of the crazy market.
What a way to make them own you ! Slaves !buy a dam older truck directly from an owner where you can see who use to own it ... pay 35k or less , take care of truck and pocket extra 4500
I'm trying to get into trucking. I don't know shit, right now, about it. But I was told straight off the bat by my neighbor who is an owner operator; run from leasing scams.
There's NO WAY he's gonna make OTR money... sitting at home every night. Even Asian Mai was like "Oh really? Tell me more about how YOU'RE GONNA CHANGE THE TRUCKING GAME." 🤣🤣🤣
Come on man your way smarter then that if you want to own a truck go see a dealer they can give you different options never lease purchase with any company you will never own it
He has no business being in business. He needs better money 💴 skills. He also didn’t tell you that he got a fully decked out Freightliner with all the bells 🔔 and whistles.
@@johnconnor2126 no he exaggerated his expenses and put all on SFI when he could have a much lower payment. And to say they he is paying around $1700 - $1800 a week is full of it.
@@sturmbreakers7817 yea probably most of the expenses he complained about were really coming from his wife he loves so much he can't be away from her Even tho she has her own career she is dedicated to and would probably work 7 days a week if she could lol
@@johnconnor2126 the trailer fee has nothing to do with SFI and the insurance amount could be higher because of his driving history which he sped by and didn’t go in depth on.
You pay that much and your proud of it , you can own your own for 2200 month why u need big orange , typical rookie mistake lease purchase got you sewed up into bankruptcy in a NY minute
He said his credit wasn’t good so if you ain’t got the credit you better have $$$$ which most people don’t smarter to lease stack up a maintenance account and at the end pay off the truck or walk away and take all the money from maintenance and buy a truck
Schneider Finance not the trucking company is a great company to lease purchase through. I’m pretty sure these guys will help you get into a truck but if that truck fails months later how willing is a used semi truck dealer to help you get back on the road. Why not lease purchase a new or lightly used truck and pay more knowing your truck is more than likely going to run for the first two years of business. If you can’t save 25-30k in two years to guarantee your business then you don’t need to be an owner operator. I don’t live in my truck. I’m home weekly Saturday afternoon -Monday and back on the road Tuesday. I contract through J.B. Hunt and have learned the lanes. I typically make 7-8000 to the truck. After expenses I typically take him 4-5k weekly
Sorry I have been driving trucks for ten years..I don't lease truck and I don't finance trucks..I worked with a company for a few years save my money and pay cash for my trucks..just purchase a 2020 freightliner Cascadia with 490,358 on the miles for 52,000 cash...
After listening to it for a little while: 9:35, Yes, you can make money and work locally being a owner operator in your own state without driving over the road. Plus, the benefit have the same kind of salary and lively hood.
Bob's face says bob wants this guy to stop talking🤣. Also side note i tried to go through the funding booth and couldnt do it, because they told me the same high rate quoting as every used truck dealer out there.
His wife probably has equal or more say in the direction of the household than he deos, he literally said he wanted to be like his wife and work less. The man is confused, if he structured his business entity's properly (beacause you need 2 entities in the industry, an operating LLC and a management corporation) that $6K to $7K per month would have been a complete tax write off and paying himself through the corporation via his LLC would have also been a tax off.
The payment went way down but so did the quality of the truck........ He went from a brand new $200k+ truck to a $25k one......... Im guessing it's 20+ years old
Stay away from MGR out of summit Illinois their payments are 2100 to 2500 abusing the drivers very sad to take advantage of people trying to take care of kids houses rent
Yes but you better get all your paperwork and insurance tags ifta registration, that was nice they did, now if anyone knows a good big truck insurance. Seems kinda high for all here in mi.
Schneider truck payments is not 6k dollars. Its high but not 6k. You getting a brand new truck, your not putting down 20k. Of course the payments will be high on a 3 year contract.
Their trucks are 4200 on a brand new 1.5yr lease. To be fair he clearly said that's with insurance, escrow, plates and trailer fees at another company included. His numbers arent off bc I leased a new 2017 freightliner with them a few yrs ago.
@@qb6570 i clearly heard what he said. But this is my 2nd truck with them . A 2015 and now 2020 and I never paid 6k dollars here including fees.What he spent on a outside trailer has nothing to do with a SFI truck.
@@219nab1 If you heard him clearly, you wouldn't have made the original comment about it not being 6k when he clearly stated he was giving a total est of all his truck related expenses. I am supposed to give you applause for getting another lease?👏🏽👏🏽
@@qb6570 why tf you think i responded at all then. its a misrepresentation of a lease tha i am also in. Am I supposed to discuss his leasing fees when its his trailer payment that jacked up his payment? And I was really addressing the misleading title just to sell his product by dragging other companies. You can't assume a company is shady when you're behavior is just as shady.
Dude wants to be a owner op, but wants to be home EVERY night. Sorry bro you ain't cut out for it. You won't make enough money to justify the risk. It'll take one bad month to Titanic your operation.
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Yo what’s up bro I’m a owner operator but if I have a truck I wanna buy I call you guys and you guys can help me out financing or do you guys sell trucks as well
Thanks
6 grand that's nuts
Hey Alex I have a situation and im hoping you guys can help me out. How can I speak to you to explain my situation?
@@Albiesclassics go to the dealer I wouldn't give a company that much money your not getting anything for your work time nothing .
This dude is going to work harder doing local work. The stress driving in the northeast is no joke.
Facts
He couldn't make it over the road but wants to make more money local🤣🤣🤣
I run local out of jersey and make great money.
I-95 isn't for everyone......stay out on the prairie. We've got the tri-state covered.
I live in Albany NY working for a milk company driving doubles to Long Island 8 to 10hr days over $2000 a week it’s real smooth up here
Yeah they aren't lying. Honest with the deals they offer. Bob and Asian mai are good people. Got me my first truck. Best decision Ive made.. leasing should be your last option.
Good interview, his lease was definitely highway robbery. He made it through and he was transparent about his experience. much respect to you Asian Mai
I’m on my way doing a full maintenance lease now making good money saving for my own truck then I’ll be calling you guys hopefully by end of this year
You'd be better off just to be a company driver till you save about 25k. Put 10 down on a reasonable used truck. Hold onto 15 for operating capitol.
I don’t get why everyone acts so surprised everyone knew what they signed when they signed on. Nothing is hidden all fees and deductions are listed up front. This isn’t a walk away lease or a lease where you’ll never own the truck you very well could own the truck when the lease is done just be smart the maintenance account don’t touch it unless absolutely necessary let that stack up there’s no reason you can have $10k+ saved up in it at the end of the lease and if you’re budgeting and saving money in a business account on top of that you should have another $10k+ saved up at the end of the lease all your truck payments went toward paying off that truck so now you have 4 options 1. make a balloon payment and get the title to the truck 2. Extend the lease to lower the balloon payment 3. Trade in the truck for a newer one and continue leasing 4. Walk away from the program. You can take the 10k+ in the maintenance account and use that towards the balloon payment or walk away and take that money to a dealership and buy a new truck and if you were smart the money saved up in your business account can be used to buy your own trailer or go towards that new truck or don’t touch it and continue to let it stack. SFI gives you the tools and means you need to get a foot in the door in this business think like a boss and you’ll succeed think like an employee or company driver and you’ll fail every time 🤷🏾
You better make sure that title doesn’t belong to a 3rd party 😂😂😂
Crazy how this guy says he bought a daycab to avoid sleeping in the truck but he chooses to deliver grocery loads. Judging by his whole demeanor, his biggest expense is his wife.
Funny! You’re probably right. Trucking is not for family men. Just be a broker if you want to stay home.
Factz
Factz
I wonder how he's doing now
He's too busy playing Pussy Police instead of focusing on that 💰... and in the end... his wife will look at him as weak... and resent him for it. He'll regret it in the end... when she leaves... and he thinks of alllllll the money he lost out on.
6000 expense is not bad, it’s all inclusive. We all know loads are at premium. He can break even with one load . In 3 weeks he’s golden.
Facts baby boi❤
Explain
Greed and just plain stupidity. Caused him to let Schneider convince to get into that type of deal
After watching this video all I can say is I am happy that I live in the south, I’m not married, and have no kids. I’ll be getting my first truck early next year more than likely and my plan is to be out for at least 2 to 3 weeks at a time which is what I’m used to doing anyway and I’m just gonna pay myself a salary of $1000 a week and everything else will go back to the truck so hopefully if I do well I can pay it off a little quicker and have a good escrow and what not ready to go.
O/O is the dream man. Good luck to you
A guy told me when your o/o. You keep ypur payscale like if you were starting out as company driver. Right after upgrading from student.
0.30/cpm or whatever. (Loaded of course)
That you will have a nice chunk of change and big decisions to make at the end of the year.
@@Bigfred818ou noticed that too right?? What the hell is that about??? I never understood the secrecy. I did see one video where he made 7500 and brought home only 1400
Sounds like he's worried about Jody creeping through the back door when he's leaving for work out the front door. JMO 🤷🏿♂️😂😂😂
That ol' school Johnny Taylor! 😂😂😂
Jody or Johnny or Billy Bob can move his sh!+ on in when I'm gone he can have my migraine
@@truckingwithcliff 😂😂😂
Nah I think he's more worried about the mail man 👨 😅😂🤣 LOL 😆😂🤣😅😄
@@82buffnasty naw...that ok skool Marvin Sease...😂😂😂😂
This interview is FUNNY I leased through SFI and have a 1100 a week payment still bring home about 3500-4K after payment it’s all about where u lease on with !! If u want to make money u got to drive the damn truck period and I’m home every weekend!!! Different strokes for different folks I guess
How much are you putting in a maintenance account for major breakdowns? How much of that are you saving for the large balloon payment? How much are you saving for your lease payments when you break down? Yeah you bring in a nice amount but it's always money tied up or needed to be saved so whats the point?
How much average gross after all expenses?
Is there a 1 year lease program?
Bring him back and let's see what he's ACTUALLY making. 👀
Since the situation is about the same (I know people in the places he's subbing out to); he's probably doing pretty well. Obviously the fuel is more expensive, but the rates have been following for the fuel surcharge. As long as he keeps his spending under control, he should be making pretty good money.
FACTS
Paying $6 grand a month on a $16k POS Cascadia? Who are these geniuses listening to, swaying them to lease purchase?
Try $120,000.00 Cascadia.
My 2016 Cascadia brand new was $164k.
2021 Cascadia are only $16k?? Sign me up 😂
16k? For a brand new 2025 cascadia? 😂
The good thing about Schneider is you will have a payment history when you go to the bank to get a loan. You might have to suffer a little while to get ahead.
Schneider don’t report commercial credit to the bureau is in the house the only credit you will have built is through Sfi for them to lease you another truck
August of 2017. I got a semi truck from Schneider Finace and I didn't pay anything. Not one penny ! I drove as a company driver for 6 and a half years. I applied for them and they approved me for a used 2015 Freightliner with low miles. Anything's Possible. And yes,it's possible to make the same amount doing Local as an OTR especially if you love to Grind & Hustle. I Salute you ,Man. Drive safe and Get to the 💰💰💪💪
Why would you want a truck that old?
Because, I DIDN'T HAVE TO PAY ANY MONEY FOR IT. THEY GAVE IT TO ME FOR FREE 👍
The smart $ is local. Work smarter. Not harder.
@@pauld9561 Exactly 👌🏿. I ran Local from Atlanta to Savannah during the week. Fri -Mon I shot out to Tx or Louisiana if I did work over the weekend. But Staying Local is the Same as OTR if you know what loads to take. There are Plenty of Local Loads in the A with Good rates for some of you owner opps !👍🏿
I dealt with Bob he is a good dude, we couldn't work out a deal, but it wasn't because of him, mind you I have a 740 credit score. He could have match what I had. But he was so honest we just left it at what it was.........
@TheAsianMaishow
Good to hear!!
@@Rob73Tippybx161 so what did you do instead?
That sounds painful on so many levels.
I either buy our day csbs cash. Usually can find a good deal for 15k. Typically fonsncd for anything 20-50k. Payments range from 650-1500/month. I recommend learning how to do minor repairs and maintenance, itll save a lot in cost.
Saving in cost but losing more in time….
Time = money…..
I just left Schneider in Oct, 2020, with an SFI truck. To xfer to Landstar was Xtra $1400.
Truck payment is $1200 per week.
$4800 per month.
What local guy is saying, is spot on.
I am with you on this one I speak with couple of driver cause I am about to jump on SFI and all I hear is good things and is double and now I see local guy here saying talking about the numbers and I don't know something don't add up but it all good everyone situations is different
It’s a deposit and not just an extra payment
How did you do at landstar with SFI? I know its tough but I think the mindset of having a new truck will cause you to take the best loads?
After paying all that what do you bring home
Is SFI any good?
I mean if you making 8k a week 1.5k out your paycheck for truck payments isn’t bad
I guess you not listening very well
@@nonenone4078 I guess numbers speak louder than words.
Dude I kept hearing you say 595 truck stop, I was like what! I live in Tamarac and I’ve parked there when a company driver for Pam so I check you guys when I come home in July to chop it up!🙏🏾🙏🏾🙏🏾
He's telling the truth SFI called me yesterday they wanted 15000.00 deposit and 1300.00 a week.
Thats most first time owner operator big mistake.
Buying brand new rig.
When that 160k rig is paid, its only worth 40k.
U lost over 100k that could of went in your pocket.
🤔🤣. Talk to your accountant about deprecation.
@@navado75 it is a write off. What good is that if its not in your pocket.
For a large fleet, no problem. But for a 1 solo driver owner operator.
Not worth it too me.
That 160k truck is pretty much the same as a 70k used truck. Much smaller payments
So true. All you can do is warn people. Some people will ignore you. Smart people will crunch the numbers.
@@DanielGarcia-zz9eg to answer your question may take a bit but if this helps 1 person here we go.
New trucks make more profit than old trucks even with a $3000 payment. I've only broke down once per truck per year in 2 years of buying them. My old trucks cost over $12k yearly in maintenance that now is $2400 for routine PM service. With that said I'm not losing time and money doing repairs.
At the end of the year my profit is more than my old trucks did and I get to write off the truck deprecation lowering my taxes putting even more money in my pocket.
Hard to believe what I'm about to say but it will be as if you are not even paying for the stupid truck. Why do I say this? Because you will make so much more and pocket more but pay less in taxes.
Hard to believe but I have no need to lie.
Good luck and hopefully you understand what I'm saying.
@@navado75 Let them take their own road.....Everyone's Journey is different
I pick up my truck from SFI in a couple weeks I went used they kept trying to push me to get brand new truck saying my wkly cost wouldn’t be much different only like 100-150 but I plan to buy my truck at the end of the lease and the balloon payment is no joke on a new truck. The original plan was to pay $5500 deposit and go straight to a company of my choice but with the truck shortage they’re only leasing trucks to people going to Schneider or Landstar so I paid $500 deposit for a used 2021 FL with 80k miles and the plan is drive for a month or 2 with Schneider then pay the 5k to transfer I don’t know if they changed the transfer amount or if it depends on the company you transfer to but be prepared to pay 3k-5k to transfer.
Hey how is it going with SFI?
You should stop doing business with Schneider, they are not honest people
@@MakkSon101 why do you say that?
How the lease is going ?
@@thomas2fly it’s good just transferred to Cloud
Damn, you guys just sign up for anything. These leases are crazy. You drivers can’t be that stupid. Stop doing leasing. Let that part of the market go away.
More loads for me 😅😂😂
Yep, you can work for free all you want.
It brings the rates down. The big companies can haul it for free cuz the drivers pay for the trucks.
@@mctransportation9831 there is nothing that will brings rates down. If something makes it cheaper, the extra will go in someone’s pocket. The rate will always stay the same if not go up.
I love you show I'm not a trucker for now
I'm goin to say "LEASING IS A SCAM"! Don't let your lack of "inteligence" get you screwed!
$6,000 month must be the twilight zone
I don't know something don't add up right on this one there is something wrong that payment not true sorry is my opinion
Dude is lying.
If he making $5k weekly then what’s the problem
@@nightbloodrayna
He is running his own DOT I believe that we'll he paying his own cargo insurance
This guy is full of crap
Paying 6000 a month. For everything. With not good credit. Making 30 000 a month. Equals 24 000. Minus 4 000 diésel. Equals 20 000. Not bad.
Yrc Freight is hiring newbie drivers straight outta school in Miami
Back that up for the info finna apply right now
What about box truck O/O ?
@@lyunboiss lol whhhaaatt me too niggas be acting like Miami too far to hire a nigga
@@FlyGuyYoshiG5 only day cab company drivers
I pay 1115.00 a month x 48 mo on a 2015 freightshaker with under 500,000 miles. I couldn't imagine paying 2,000-6,000 a month plus insurance on a truck with the fuel blowing up the way it is right now.
Did you get any warrant?
@@nealmcgillum3921 yea it had 1 month left of manufacturing warranty and then I bought a 1 yr 100k warranty. I bought my truck from freightliner in dallas and run my own authority, fuck giving these companies most of my money.
@@truckingwithcliff sounds like the way to go. I've been watching other RUclipsrs and seem like buying a used truck with some warranty is the way to go but I'm just assuming. Thanks for your response bro.
@@nealmcgillum3921 I had good credit just not enough and still got financed through Daimler Chrysler truck finace, truck was 39,000 and I put 8500 down bought extended warranty road side and tow reimbursement and tires reimbursement and my payment is just over 1100 a month for first time truck owner interest Is around 8% not sure if it was my yrs behind the wheel that helped but the sales person said he's never seen a first time owner op get the interest rate I got. Private dealers I called wanted 20-50% down I nicely told them to fuck off.
So you doing power only?
I think people getting into the market are not looking at these contracts and agreeing to them in a business type of thinking. No business is going to sign up to a contract that benefits the other side the most, when your business is doing all the work.
If the contract doesn’t support your company on at least a 60/40 split, then it’s not benefiting you. That is not a good benefit to your company. Starting off with bad business decisions will not lead to success.
Just because they have the truck, doesn’t make them out to make majority of the money. Without you, that truck isn’t worth anything. We should see, “I made $500,000 and had to pay out $200,000 in leasing.” Not the other way around. You the driver has the upper hand. Stop giving it away.
I don’t get what the issue is. I paid 5000 to register and plate my truck. 5000 deposit for insurance and 2000 a month insurance payment. My monthly truck payment was 3500 because I had bad credit with 10000 down payment. I paid it off in 2 years. I honestly think they got it easy as long as rates are good.
Having a day cab does NOT guarantee you won't find yourself sleeping on the road anyway. The problem is... Now you have to find a comfortable position in a day cab and still be able to actually move around when you wake up, assuming you get ANY sleep at all... Best off getting at least a tiny integral sleeper, just in case. It WILL pay off in the end. At some point, unless you quit and give up early, you WILL need that bunk eventually, and a motel may not be available...
I put 7k down on my 15 Cascadia with full outframe rebuild done by dealer I bought it from. No credit check. 2500 to delete. No issues. Payment 1550 a month. I make 1650 a day in 10 hours and I'm home every day.
The bank take it back yet?
@@dspicerj Yeah :( ...Actually I paid that Cascadia off in about 6 months and ended up selling it.
$ 6,000 pr month multiplied by 12 months equals $72,000 pr year . Have not yet mentioned insurance, maintenance, tires, fuel, state compliance stickers ect ......If the truck cannot gross at least $300, 000 pr year this arrangement is completely lopsided towards Schneider a raw deal that sets one up for failure and financial suicide!
I would have financed my truck if I knew about you guys. I bought it cheap with cash because I didn’t have credit and now I’m suffering with expensive repairs. Buy the best truck you can afford.
The best trucks are 2007 and down.
@@BORIKKEN why 2007 and down? Do you mean with low miles also?
@@ivanrios2425 2007 and down don't have all the emissions crap on them. It really started in 2004 with emissions stuff.
@@diesel379x I'm looking for a truck, what company do you recommend?
Just delete the emissions!
I had an SFI and I would take a month off at a time and at most 2 weeks out at a time. Being in the north east is easy money 💰. A high payment is not bad as long most or all your payment is going to principal.
Finally somebody came out talking positive and making money 💰a lot of comments here about leasing is negative for a lot of people but to me I think is double if you work this company is giving out the tool for you to go out there and make good money forget about what they charge worry about what you can make for your pocket just do it
See this is bias I know people who have sfi lease payments that are 1000 a week. Payment on the truck
@@AFMASTERING yup the key is not to let them trick you into leasing the brand new shiny truck. Even if they say the payment will only be $200 more at most don’t fall for it the balloon payment is double sometimes triple for a new truck.
@@RandySoWavvy some people want a new truck.
@@RandySoWavvy Lease for the payment history not the truck. Take what your balloon payment would have been, and put it towards the down payment on a more favorable lease or loan you'll now qualify for because you have established business credit.
No way I would pay that much for a truck 😂,however the North East does pay more than most states. The north has horrible weather in the winter. You can be home everyday or at least 3x a week if you live in The right state for sure.
I almost went through SFI. Decided to finance a 2016 Volvo. I rather pay about 2k a month with insurance and everything instead of 6k a month. That is literally highway robbery.
Tell the local guy who is he running for, and how much in expense is he paying a month?
So pretty much as a owner operator you have two options. 1 get a new truck with high payments and have less breakdowns or 2 get a piece of 💩 for cheap but continue to dump money into it. Zero winning 🤦♂️ all the trucking companies need suckers
Not at all how it works. I bought a 36k cascadia with 482k miles. Has been a great truck for almost 2 years. Deleted the DEF system and it's been running hard. A truck will make or break you, can't be stupid tho.
@@jacob-v8567 it definitely depends on what you haul. I haul gas over 100k pounds and trucks run almost 24 hours per day. After 400k miles they are junk.
@@radekwe8681 yeah thats true. I run containers locally so the trucks get pretty beat up in the railyard but we make really good money. Idk my dad bought an 05 Volvo for 30k in 09 and that fucking thing is still going strong with almost 2 million miles. You really have to treat your equipment good.
Spent two years with them from what l hear I'm one of the last teamsters they hired , l remember going to interview and there was probably 30 drivers when they were finished ,there were 2 of us left
The problem with buy a truck right now is fuel prices are going up, n they will go way up. N in a few years your auto liability will be between 2 n 4 million putting your monthly payments in many cases over 4,000 a month. The one truck/ small fleet owner is going out of business when that happens. My question is why buy now? Do research n look at what’s coming down the pipe.
$3 plus a gallon 😩
Everyone should stop buying trucks huh?
You guys are awesome
I wish I was trucking in the US not the UK.
Brand new trucks break down as well
Something doesn’t add up here.
Yeah he just said he’s paying 1080.00 per week. That’s only a bit over $4K not $6K. Everyone has insurance payments. And Schneider don’t charge rent for their trailers. This guy is not being very truthful in his story. He’s paying all that because he pulled his truck from Schneider.
I worked for SCHN for 6 years tried to get the truck from them but wasn't approved which I guess was a good thing :)
Crazy... they didn't wanna to help you though.
@@rhoodj yeah they didn’t, but I’m glad it didn’t happened, I purchased truck thru dealership much better deal.
@@rhoodj the only people to get denied are ones with too much debut or too many bills if you’re already in a hole they’re not going to risk making it worse
If you’re a “family man”… DON’T BECOME A TRUCKER!!!!
$6000 per month with truck, trailer and insurance? That's decent. Renting a truck from penske is 6000 per month just for the truck.
The thing about interim leases and rent with penske. Theres no escrow to deal with from most megas or other carriers. And all maintenance is free from penske.
@@someguyfromtheinternet5102 I rented from penske before and they weren't charging me for all the extra mileage. When I turned the truck In, they charged me $7000!!!!
@@ModernMessiah they did me like that too but it was for like 5 trucks. Kinda went over on they PM services.
@@someguyfromtheinternet5102 did you pay it right away? Did they give you back your deposit? Fkn scam artists. Now penske wants a $20k deposit on tractors. It's getting crazy. I went with someone else.
@@ModernMessiah it took awhile. I bought trucks. Older... easier to fix. Ended up selling two FLDs. That wasnt the plan. But i intend to use penske again if i were to start over.
That part about the 20K down.... yeah. Ryder started doin the same shit.
I am a new driver working for my brother. Any suggestions for a company to finance through that gets deals done . I have over 640 credit with nothing bad on my credit and my brother will put down whatever he needs to to get me in a truck.
I live in CT pick up at the water place all the time .I thought this had his own thing watch him and truckers coach .They made it seem like he had his authority. I will say this if he work it correctly he make gd money . You can you to Allentown p.a. and back to c.t. that lane pays 1800 to 2000k just to come back to CT maybe 390 miles at best
never eat food at truck stop
NEVER
That guy in the orange just wanted to be home all the time and it’s clear he is not business oriented and that’s why most people fail at leasing trucks
He is right spend time w your family have fun you live once we are truly underpaid.
I can't believe the post please tell me this is a joke. He crazy my take home was almost 6k today. I'll start my business and I need you to work for me I'll be a million in one year😁👍🏽 bro you look bigger then 250 🤣😆. I'm married and I took this week off and leave and come home when I want I have a great wife that take care of our children and work. With that being said everyone situation is different but I'm blessed to be able to finance my truck paying 500 a week to my truck. You have to have the right company first and the one you was at was the wrong way to go.
There good leases out there just have too look an find the info my friend takes home 14 or more gees a month.. yea its a lease but it's better then a company driver if your trying get the money fast an get your own stuff ...
Did they mention that Schneider finance has a baloon payment??? You have to run the truck so hard that doesnt even have equity worth the baloon payment in the end...you basicly paying them and all their expenses to make make money...I have seen cases where a driver picked a load that paid well, which they took away from the OO and gave to a company driver because they would make money...they are gonna feed the company before the OO...IMO its a scam they give just enough to keep OO hanging around out of fear
That’s why you lease the truck and transfer it to a different company
@@RandySoWavvy how is it going out there? I'm thinking about doing it.
You can have a sleeper and still work local. I wish him the best in his marriage since hes making that of priority over his bread
They are robbing you. How can you give advice if you pay that kind of money?
This is absolute bs. I’ve had two leases from SFI and first of all I don’t know why he seems so shocked and surprised, they show you everything before you sign. You know exactly what your payments are going to be. You don’t go in without knowing this. Also. I don’t know what kind of truck he got but my highest payment with them was under $760/week. Also Schneider does NOT charge you for their trailers!! There’s is NO fee for that. He’s absolutely full of it. Unless he signed some kind of deal that sucks raw ass he’s full of it.
Im looking in to them I've been driving for 5 years. Schneider seems to have the most flexibility. I've looked at a few leases im currently trying to figure out the best one to choose from
I’m sitting here listening to this as well, and smdh. I’ve leased from SFI since 2015. I just paid off my 2020 Freightliner & picked up a 2022 Volvo. It’s my 4th lease. This guy said himself that his lease payment is $1080/week (and that’s probably including the maintenance account contribution), but he’s adding in EVERYTHING else that he’s paying to be an owner op (insurance, trailer fees from the company he’s leased to, tag, escrow, etc) and he’s coming up with $6K/month. By the end of the video, they have him paying $7-8K ($84K/year) and blaming it all on the truck payment. This video is slanted against SFI & intended to promote the other guy who’s selling trucks. Total BS.
I leased a new 2016 freightliner from sfi. Had no problems. Did a 3 year lease then a 2 year lease purchase. Why is he paying for a trailer ?
Im leasing with western express. Its 4k a month. And then about 5k a month in fuel. But that includes insurance as well. Total revenue monthly is about 16k+ though. So im still avle to bring home about 6-8k a month. It fluctuates depends on frieght.
He's telling the truth. I am paying just as much as he is as well with SFI
But who is he comparing himself too there’s over the road truck drivers making 70,000 a month and can be home whenever they feel like it
@@mikenike1616 those truck drivers who's making that amount of money on a monthly basis are not paying a lease payment. They owned a truck straight up.
The best thing you got is truck smells...
6k/month ain't that bad to rent the equipment with trailer and everything
What happened? Title said 6k for leasing a semi truck....Instead it is all deductions for leasing on to Schneider including insurance and a trailer....this kind of stuff is why people get so confused in this industry. Need to keep it clear please :(
He was paying monthly $4400 for the truck payment and maintenance account and then an additional $1600 for insurance, plates, and trailer rental. All of this is written down before you sign. Nothing is hidden. His truck payment alone was probably around $900 wkly the extra $188 went into a maintenance account which you can use that money for anything but if you don’t touch it after an 18 month lease you’ll have $13.5k saved up to do with whatever you want you can buy your truck or take that money to a dealership and use it as a down payment.
@@RandySoWavvy Sfi told me I’m approved for a cascadia, 3500 down and weekly payments of 1125 a week, what’s included in those 1125 dlls a week? Is it just the truck payment?
@@dasar2234 that’s including your maintenance account. SFI payments are solely truck payment + maintenance account. Your insurance, plates, etc will all be additional fees you’ll have to pay
@@RandySoWavvy thank you, Which company are you working with?
@@dasar2234 I’m currently with Schneider about to switch to a different company in a month or 2
You gonna own that shop one day it might not have ever crossed your mind but mark my word it’s gonna happen.
Would love to hear from bob how much higher rates are now with truck pricing being nuts. Lenders covering there ass on trucks that will drop in value more than usual because of the crazy market.
Leasing is for carriers not for individuals.
I'm curious to know the average takehome. If 5,000 was your best week what did you average on a normal week?
The company percentage is taken out after that 5000
I couldn't stop looking at the left eye on that guy in the center.
Krayzee Eyes... just like the movie guy!
Gotta love his 3 mustaches, one on his lip and the two caterpillars over his eyes.🤣😁
You're low-key gay 🤣🤣
@@aubreywebbie6505 😂😂😂😂😂😂😂😂😂
💀💀💀💀
Trucking is not for everyone!!
What a way to make them own you ! Slaves !buy a dam older truck directly from an owner where you can see who use to own it ... pay 35k or less , take care of truck and pocket extra 4500
I'm trying to get into trucking. I don't know shit, right now, about it. But I was told straight off the bat by my neighbor who is an owner operator; run from leasing scams.
Start as a company driver before you consider going lease or owner op. Get some experience first.
Your neighbor is right
@Will YoujustSTFU it's actually 2 years experience but more is better
How can any of this even be legal? They get away with this.
There's NO WAY he's gonna make OTR money... sitting at home every night. Even Asian Mai was like "Oh really? Tell me more about how YOU'RE GONNA CHANGE THE TRUCKING GAME." 🤣🤣🤣
Good information Alex
Come on man your way smarter then that if you want to own a truck go see a dealer they can give you different options never lease purchase with any company you will never own it
yes he will but it will be worthless
He has no business being in business. He needs better money 💴 skills.
He also didn’t tell you that he got a fully decked out Freightliner with all the bells 🔔 and whistles.
Actually he did lmao
@@johnconnor2126 no he exaggerated his expenses and put all on SFI when he could have a much lower payment. And to say they he is paying around $1700 - $1800 a week is full of it.
@@sturmbreakers7817 yea probably most of the expenses he complained about were really coming from his wife he loves so much he can't be away from her Even tho she has her own career she is dedicated to and would probably work 7 days a week if she could lol
@@sturmbreakers7817 i agree a speak with sfi oo on the regular and there payments are around 1000 to 1200 2015 to 2018 truck no trailers
@@johnconnor2126 the trailer fee has nothing to do with SFI and the insurance amount could be higher because of his driving history which he sped by and didn’t go in depth on.
i actually lost weight otr. it is all about what you eat.
You pay that much and your proud of it , you can own your own for 2200 month why u need big orange , typical rookie mistake lease purchase got you sewed up into bankruptcy in a NY minute
He said his credit wasn’t good so if you ain’t got the credit you better have $$$$ which most people don’t smarter to lease stack up a maintenance account and at the end pay off the truck or walk away and take all the money from maintenance and buy a truck
Class8Garage, how do you own for 2200 month ?
Schneider Finance not the trucking company is a great company to lease purchase through. I’m pretty sure these guys will help you get into a truck but if that truck fails months later how willing is a used semi truck dealer to help you get back on the road. Why not lease purchase a new or lightly used truck and pay more knowing your truck is more than likely going to run for the first two years of business. If you can’t save 25-30k in two years to guarantee your business then you don’t need to be an owner operator. I don’t live in my truck. I’m home weekly Saturday afternoon -Monday and back on the road Tuesday. I contract through J.B. Hunt and have learned the lanes. I typically make 7-8000 to the truck. After expenses I typically take him 4-5k weekly
Weekly or monthly take home?
@@almayahwhitfield8328 weekly
I love sleping out and I hope bob help me to get a truck lps my first tk
Sorry I have been driving trucks for ten years..I don't lease truck and I don't finance trucks..I worked with a company for a few years save my money and pay cash for my trucks..just purchase a 2020 freightliner Cascadia with 490,358 on the miles for 52,000 cash...
After listening to it for a little while: 9:35, Yes, you can make money and work locally being a owner operator in your own state without driving over the road. Plus, the benefit have the same kind of salary and lively hood.
Alex looks like he is in serious shock 😂😂😂😂
Bob's face says bob wants this guy to stop talking🤣. Also side note i tried to go through the funding booth and couldnt do it, because they told me the same high rate quoting as every used truck dealer out there.
Thanks for what you do!
Research, Research, Research,
You need to research any lease before you show a finance company how thirsty you are to lease a truck.
His wife probably has equal or more say in the direction of the household than he deos, he literally said he wanted to be like his wife and work less. The man is confused, if he structured his business entity's properly (beacause you need 2 entities in the industry, an operating LLC and a management corporation) that $6K to $7K per month would have been a complete tax write off and paying himself through the corporation via his LLC would have also been a tax off.
The payment went way down but so did the quality of the truck........
He went from a brand new $200k+ truck to a $25k one......... Im guessing it's 20+ years old
Stay away from MGR out of summit Illinois their payments are 2100 to 2500 abusing the drivers very sad to take advantage of people trying to take care of kids houses rent
You could buy a used truck for far less, why would anyone subject themselves to this kind of dangerous game?
What was you thinking!!!!!!..they saw you coming.Oooh Hell Nawwwahhhaww!!...Igot some land in Florida for you.
Yes but you better get all your paperwork and insurance tags ifta registration, that was nice they did, now if anyone knows a good big truck insurance. Seems kinda high for all here in mi.
Schneider truck payments is not 6k dollars. Its high but not 6k.
You getting a brand new truck, your not putting down 20k. Of course the payments will be high on a 3 year contract.
Excatly ....
Their trucks are 4200 on a brand new 1.5yr lease. To be fair he clearly said that's with insurance, escrow, plates and trailer fees at another company included. His numbers arent off bc I leased a new 2017 freightliner with them a few yrs ago.
@@qb6570 i clearly heard what he said. But this is my 2nd truck with them . A 2015 and now 2020 and I never paid 6k dollars here including fees.What he spent on a outside trailer has nothing to do with a SFI truck.
@@219nab1 If you heard him clearly, you wouldn't have made the original comment about it not being 6k when he clearly stated he was giving a total est of all his truck related expenses. I am supposed to give you applause for getting another lease?👏🏽👏🏽
@@qb6570 why tf you think i responded at all then. its a misrepresentation of a lease tha i am also in. Am I supposed to discuss his leasing fees when its his trailer payment that jacked up his payment? And I was really addressing the misleading title just to sell his product by dragging other companies. You can't assume a company is shady when you're behavior is just as shady.
Dude wants to be a owner op, but wants to be home EVERY night. Sorry bro you ain't cut out for it. You won't make enough money to justify the risk. It'll take one bad month to Titanic your operation.
Been there done that with Schneider finance I gave them Money to take the truck back
That's insane!!)