Right or wrong, I'm doing it
#61
09-19-2014, 11:02 PM
Join Date: Aug 2004
Location: Mannington, WV
Posts: 4,482
Yes, for any truck other than a Cascadia, there is a down-payment. On a new KW, Peterbilt or Volvo, it is $5,000. For a used one, it is $2,000. The Cascadia is no downpayment unless you specify one with a TriPac diesel apu. I do believe they said that is a $1,800 down payment. Not sure what the lease payments are with the TriPac-equipped truck, either.
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#62
09-19-2014, 11:03 PM
Join Date: Aug 2004
Location: Mannington, WV
Posts: 4,482
Also, if you are on Facebook, look for this group and join - "Schneider IC's". It is filled with very informative people.
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#64
09-20-2014, 01:59 PM
They make you carry Workmans Comp?? Thats kinda BS cuz you being the owner will never be able to use it. So your paying for insurance you can never use. I know in the state of PA one man business dont have to have workmans comp.
How much is your workmans comp? I know my insurance guy quoted me 11.40 pre 100 of payroll. Since im going to be hiring a driver soon. Im looking into it.
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Truck Driving an occupation consisting of hours of boredom interrupted by sheer terror!! "All the coolie carriers suck. Log 70, work 80-100, paid for 50." - the Great ColdFrostyMug 
#65
09-20-2014, 02:02 PM
Also what about taxes?? Do you have quarterly taxes?? My taxes are 3,200 a quarter or a 1,066/month. Since you just started im sure you dont have quarterly taxes set-up yet. But its all just another cost. Thats the cost i hate the most LOL
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Truck Driving an occupation consisting of hours of boredom interrupted by sheer terror!! "All the coolie carriers suck. Log 70, work 80-100, paid for 50." - the Great ColdFrostyMug
#66
09-20-2014, 02:32 PM
#67
09-21-2014, 03:37 PM
Join Date: Aug 2004
Location: Mannington, WV
Posts: 4,482
They make you carry Workmans Comp?? Thats kinda BS cuz you being the owner will never be able to use it. So your paying for insurance you can never use. I know in the state of PA one man business dont have to have workmans comp.
How much is your workmans comp? I know my insurance guy quoted me 11.40 pre 100 of payroll. Since im going to be hiring a driver soon. Im looking into it.
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My facebook profile: http://www.facebook.com/malaki86
#68
09-21-2014, 03:39 PM
Join Date: Aug 2004
Location: Mannington, WV
Posts: 4,482
I have to call the bookkeeping service on Monday. I'm already setting aside 25% for taxes.
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#69
09-21-2014, 07:43 PM
I've never seen an I/C that required work comp. The insurance guy laughed saying anytime you want a paid vacation you just sign the form that you can't work .
#70
09-21-2014, 09:33 PM
I never meant a OO that had workman's comp. Where do they come up with 35/week when it's based off your payroll?? These are the things that get iffy with these lease deals
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