jct lease program help
#1
Rookie
Thread Starter
Join Date: Nov 2006
Posts: 6
jct lease program help
I hope someone with experience can give some insite on the lease program at JCT, John Christner truck lease seems good no competition with company drivers all lease and so far all the guys I talk to seem happy an good miles I know if I want to do it need to do it now before 07.
thanks for anyones help... xracer
#3
I have yet to see a good lease purchase program offered by a carrier. We have discussed this considerably. You may want to do a search. If you want to become an owner operator, save your money to either pay cash or have a good down payment. You will be much better off.
#7
Rookie
Join Date: Nov 2006
Location: Ohio
Posts: 30
I think they have a street named after them.....One Way.
I do not know this to be true, but no one else seemed to like them, so I thought I would give them a kick (in my shiny boots) as well! It seems to me you would be a servant, and have shackles on you.
#8
Rookie
Thread Starter
Join Date: Nov 2006
Posts: 6
jct
Well it seems that of the 4 guys that I have talked to who drive for them they all say thaey are very happy and get plenty of miles, avg.3200 weekly and no competition from company drivers because they are all lease or owner ops pay is at 92cpm with 21cent fuel charge as of 2 weeks ago, they all seem to like the no ballon payment and the 1$ buy out at the end and getting that title, and it helps that all the equipment is all 06-07, but again i was looking for someone that is with them or was with them for the inside track, but thanks for all the info and feedback.
xracer
#9
Senior Board Member
Join Date: Jan 2005
Location: East Central IL between the corn and the beans
Posts: 4,977
Tell you what. Get ALL the information from JCT, in writing, and then sit down with a pencil, paper, and calculator and do the math.
You will need to know: Truck payment Truck Maintence fund All insurance costs, and do not forget workers comp. All expenses you are responsible for such as plates, registration, tolls, scale tickets, quallcomm rental/purchase, permits, trailer rental, insurance dedutables including freight OS&D, annual highway use tax, etc. Figure in your fuel costs. Suggest 6 mpg as a base figure. Who pays fuel taxes. How are they figured. IS the FSC paid loaded and empty or just loaded. Also find out what happens if you have a major repair expense, if you can not meet your truck payment, if you decide to turn the truck in. Then when it is all said and done figure your total gross income based on 2500 miles per week, less expenses and see how much you will make. Oh and do not forget to take out about 25% of the pay after expenses to pay your income taxes.
__________________
Finding the right trucking company is like finding the right person to marry. I really comes down to finding one whose BS you can put up with and who can put up wih yours.
#10
Board Regular
Join Date: Sep 2006
Location: Mahwah,NJ
Posts: 450
put your head close to the screen
I want to hit you with a frying pan remember once you sign you can't quit you must take every load they give you or they will cut your miles they can make you do anything they want and you have to agree FOREVER!!!!!!!!!!!!!!!! you are probably go pay 12-1500 a week in fuel on that 3200 miles this is crappy pay for an old used truck thats paid for! let alone a 2006-2007 no balloon 1 dollar payout good luck |
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