RTI L/P Settlements (Pay)

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  • Опубліковано 3 січ 2022
  • Breakdown of pay for Lease/Purchase drivers.

КОМЕНТАРІ • 119

  • @CarlosGonzalez-mw5oz
    @CarlosGonzalez-mw5oz 2 роки тому +3

    Thank you for the breakdowns. I am definitely doing the Variable plan when I start on the 17th.

    • @shadowtrucker210
      @shadowtrucker210  2 роки тому +2

      It's a good choice. It's definitely nice for when you take time off. You'll really like this company.

  • @DEHDON13
    @DEHDON13 2 роки тому +8

    From an O/O to another, always buy or lease your own truck then bring it to the company you want to work for. This way you're in control if you decide to move the truck. Also you're mostly in control of your fix expenses.

    • @shadowtrucker210
      @shadowtrucker210  2 роки тому +6

      The problem with that is that dealerships want $40k down. I would want a newer truck, not one that already has 500k miles on it.

    • @601trucking2
      @601trucking2 Рік тому

      @@shadowtrucker210 lone mountain truck leasing. Used and new trucks I never actually went to them. I got my truck through a lease purchase in 2 years.

  • @graystone3048
    @graystone3048 2 роки тому +2

    Love these videos. Talking with RTI recruiter now about possibly doing a LP. RTI fsc is actually quite low compared to some others. Namely Artur who is currently at a fixed $.50/cpm. That being said RTI has a much better program and appears to be a better thought out system than I’ve seen elsewhere.

    • @shadowtrucker210
      @shadowtrucker210  2 роки тому +2

      Thank you.
      Yeah, the fsc kind of sucks but the way they run the program makes up for it a lot.

    • @najn2372
      @najn2372 2 роки тому

      @@shadowtrucker210 AWESOME.
      Is insurance included in the lease purchase program?

    • @shadowtrucker210
      @shadowtrucker210  2 роки тому +1

      @@najn2372 Yes sir. All of the truck insurances are included in your deductions.

    • @najn2372
      @najn2372 2 роки тому +1

      @@shadowtrucker210 cool.
      Thanks Bro

  • @terryb5000
    @terryb5000 2 роки тому +2

    Can you take off for as long as you cover your fixed cost or do they Complain about it, how long do you stay out until going back home

  • @robertparkes5896
    @robertparkes5896 Рік тому +1

    I'm thinking about going to RTI for the lease purchase program to get a truck. I've been in my trucking career for 22 years now and still going strong. I've tried couple of these lease purchase programs with other carriers and they made it sound great but once I got into those leases, they lied and really did not care about the drivers at all. You've said you did the lease purchase for your current truck through RTI.. Please tell me your thoughts and opinions about RTI as a company and their lease purchase program. I'm trying to get as much info and honest opinions before I leave this current company I'm driving for.

  • @PJ-uh8og
    @PJ-uh8og 2 роки тому +1

    You were in my city LOL‼️💪🏾👍🏾😂

  • @RPJohnson1968
    @RPJohnson1968 2 роки тому +3

    Thanks for sharing, I’m looking at JCT because they are offering 1.40 per mil

    • @shadowtrucker210
      @shadowtrucker210  2 роки тому +3

      No problem at all.
      Ak them to email you a breakdown of their pay (incentives, fuel surcharge to you, expenses, etc) so you know the exact amounts for everything on the fixed plan. They should also have a breakdown of the variable plan if they have a variable plan.

    • @RPJohnson1968
      @RPJohnson1968 2 роки тому +2

      @@shadowtrucker210 I see they also have the veritable plan

    • @euneique
      @euneique Рік тому

      Did you end up going with them? If so, how do you like them?

    • @RPJohnson1968
      @RPJohnson1968 Рік тому +2

      @@euneique no, I decided to go with SFI and lease on with Schneider

    • @euneique
      @euneique Рік тому

      @@RPJohnson1968 Thanks for responding back. I really appreciate that! I asked because I just literally came across that company about an hour ago, so I was curious. What's SFI?

  • @ambitiousmoney3633
    @ambitiousmoney3633 2 роки тому +2

    So can you do a video of what your truck made for the month and expenses. I am starting the program next week

    • @shadowtrucker210
      @shadowtrucker210  2 роки тому

      You'll have to remind in about 2 months. This month won't be full since I'm taking vacation here soon.

  • @terryb5000
    @terryb5000 2 роки тому

    So is your empty miles paid the same as loaded miles

  • @CarlosGonzalez-mw5oz
    @CarlosGonzalez-mw5oz 2 роки тому +1

    Quick question do the trucks come with microwave and fridge or just the fridge.

    • @shadowtrucker210
      @shadowtrucker210  2 роки тому +1

      They do come with fridges but not microwaves. There are 3 plug outlets and 2 USB ports on the inverters. You'll have to run an extension cord to plug your microwave in. I think some of the Internationals have actual plug outlets in them.

  • @tintinmilou5562
    @tintinmilou5562 2 роки тому +2

    Welcome back brother, appreciate the breakdown & good luck.
    Which account are you on? Dedicated or Otr? Do drivers break 3000 miles a week? Thank you brother & stay safe!

    • @shadowtrucker210
      @shadowtrucker210  2 роки тому +3

      Thank you. I'm just OTR right now but i might get put on the Mizkan account sometime in the future. You can definitely break 3,000 in a week with this company. My first week with the company, I ran 2,600 in 5 days.

    • @tintinmilou5562
      @tintinmilou5562 2 роки тому +1

      Perfect, do you think that an APU is waste of money?
      I understand the escrows payments! But why do we need to make those payments for 10 wks/12 wks if we’re already paying 0.10 a mile for maintenance! I’m confused!!!
      Do you have any idea/information about the drop & hook Target account?
      Good luck with the Mizkan account, I wish you success in the trucking industry.
      And again, I appreciate your time & your replies, be safe brother, thank you

    • @shadowtrucker210
      @shadowtrucker210  2 роки тому +2

      @Tintin Milou I wouldn't say that they are a waste of money. It's more just a personal preference at the end of the day.
      They are great for controlling the temperature when you're stopped, especially in places where idling isn't allowed. The optimized idle does work, but it's definitely not the best. You have to toy with it a bit to figure it out, which is annoying in the wintertime. However, they do work great in the summer months. The reason I didn't want an APU is because of the maintenance they require and the amount of space they take up under the bunk.They also add a couple thousand dollars to your payments. I am interested in trying out the EPU though.
      Those 2 escrow accounts that we are required to pay into aren't for truck maintenance. They are for in case we decide to quit the company, or switch to the company side of the house and give the L/P truck back. They will use those escrows to pay for any damage that we may have caused to the truck. If the damage exceeds the amount of the escrow account, they will take it out of your next/final pay check. If it exceeds that, you will be required to pay the excess.
      As for the target account, I don't know much. I know they run a LOT, and it is harder to take time off for vacations since their schedules are a little crazy. With that being said, you will make a lot of money as well because of how many loads you'll be moving. If you don't like taking time off and just want to run, that would honestly be a great account for you.
      Thank you for the well wishes. I wish you good luck as well.

    • @tintinmilou5562
      @tintinmilou5562 2 роки тому +1

      You’re the best brother, I never knew about the EPU but now I do thanks to you.
      I drive a 2020 Freighliner using the optimized idle interior comfort, not a big fun of it but it works.
      I heard good stuff about Target account & I don’t mind driving those miles. As long as I’m able to work 9 months on (Mar to Nov) and take off 3 months (Dec-Jan-Feb) I don’t know if it’s an option on a lease purchase! 3700$ would cover those 3 months truck expenses!
      For the escrows, it makes sense and I appreciate you explaining it. Again, thank you so much brother and stay safe

    • @shadowtrucker210
      @shadowtrucker210  2 роки тому +1

      @Tintin Milou A lot of people actually don't know about the EPU. They're still pretty new. I haven't heard anything bad about them yet.
      I'm not a fan of the opti-idle either unless it's summertime. During the winter, I run my bunk heater at around 75°-78° and the opti-idle just provides supplemental heat if it is still too cold... or I'll turn the bunk heater up. It can be turned up to 93°.
      Hmm.. I don't see why you wouldn't be able to do that. I would call and ask just to make sure, but if you already have money set to make the payments for those months, then they will probably let you do it. They might want you to leave your truck on the company lot during those months though just in case they have to do any work to it.

  • @terryb5000
    @terryb5000 2 роки тому

    So what area do you cover for them

    • @shadowtrucker210
      @shadowtrucker210  2 роки тому +1

      I'm an OTR driver, so I run wherever. However, they usually keep me east of I-35.

  • @MrHines88
    @MrHines88 Рік тому +1

    Hey just came cross your vid , I was thinking about talk to one there recuriters about coming on broad for LP program is they pretty good plus hometime/ Days Out.. An you still running with them

    • @shadowtrucker210
      @shadowtrucker210  Рік тому +1

      They are really good about getting us home on time. The majority of us run 2+ weeks at a time and go home for 3 - 4 days. I am still with the company. I'll be hitting my 1 year mark in about 2 months.

    • @MrHines88
      @MrHines88 Рік тому

      Ok, Which Lease Options thts good will pay truck off quickly within 2yrs tops ? fix rate payment each week or the variable per miles run

    • @shadowtrucker210
      @shadowtrucker210  Рік тому +1

      @@MrHines88 If you are constantly running and stay out longer, then the variable payment is going to pay off the truck a lot faster. Fixed is only nice if you want to know your exact payments every week.

    • @MrHines88
      @MrHines88 Рік тому +1

      @@shadowtrucker210 Ok, then I will see into variable per miles plan option, Thanx man appreciate Be Safe Over That Road

    • @shadowtrucker210
      @shadowtrucker210  Рік тому

      @@MrHines88 When you call recruiting, ask for Bailey. She was my recruiter and she the head of the department. She's awesome.

  • @iam4ouru10
    @iam4ouru10 2 роки тому +4

    Damn they robbing you blind with them rates🤣🤦‍♂️🤔🙄

  • @boomstyk4urboo
    @boomstyk4urboo Рік тому

    RTI told me they force dispatch LP drivers. 2-3wks otr, based on my home state. That what you do?

    • @shadowtrucker210
      @shadowtrucker210  Рік тому

      That doesn't make sense since this is a non force dispatch company. With that being said, some of the accounts are forced dispatch, such as the target account.
      I do stay out for 2 weeks at a time, but I am not forced dispatch. What is your home state?

    • @shadowtrucker210
      @shadowtrucker210  Рік тому +1

      I just spoke with my recruiter and she said the same thing. If you're lease/purchase, you are not forced dispatch unless you are on a dedicated account that requires it. You can call the recording department back and ask for Bailey, and she will walk you through everything.

    • @boomstyk4urboo
      @boomstyk4urboo Рік тому +1

      @@shadowtrucker210 Virginia

  • @brianpruitt3081
    @brianpruitt3081 2 роки тому +1

    Is this really worth it will fuel costs the way they are?

    • @shadowtrucker210
      @shadowtrucker210  2 роки тому

      I think it is. I’ve still been making decent pay. Everything with the L/P side of the house is driver dependent. You have to pick fuel stops that are best for you and you have to know when and how much to fuel.

    • @brianpruitt3081
      @brianpruitt3081 2 роки тому +1

      @@shadowtrucker210 Ya i had a stroke last year and i was an o/o team driver then. Finally got cleard to drive and want back the lifestyle i had, however can not find it on a company truck. Looking to LP somewhere.

    • @shadowtrucker210
      @shadowtrucker210  2 роки тому

      @@brianpruitt3081 I'm super to hear that. It's definitely good that you can get back in a truck now though. L/P with this company isn't going to make you a lot of money until the truck is paid off. However, the environment with this company far surpasses almost any other company. To me that makes it worth it. You will make around the same amount as a company driver. We can make anywhere from $0-$500 more than company drivers depending on how we drive and fuel. You can team drive with this company too if you would like to do that again. That would definitely make you more money.

  • @chrismurdock8017
    @chrismurdock8017 2 роки тому

    Did you have to put any money down?

  • @traviswhitaker4334
    @traviswhitaker4334 2 роки тому

    Hey can you guys (truckers) have your dog come with you on the trucks…. Ik some company’s let you but how about landair??

    • @shadowtrucker210
      @shadowtrucker210  2 роки тому

      Most companies allow it if they are 40 pounds or less. Most will allow cats too. Landair used to allow pets, but they got rid of that policy a little while back and they're not sure if they are ever going to bring it back.

  • @melvinkeller1466
    @melvinkeller1466 Місяць тому

    So if you took truck payment and maintenance and bonus out you would have took home 1900 then have to take taxes out of that.

    • @shadowtrucker210
      @shadowtrucker210  Місяць тому

      No, only the bonus would be part of the taxed income. The truck payment and maintenance can be written off at the end of the year when you file. It's all separated on the 1099.

    • @melvinkeller1466
      @melvinkeller1466 Місяць тому +1

      So you are saying that I am correct if you had your truck payment and maintenance and no bonus your check would have been 1900 then paying taxes on that 1900.
      If you aren’t paying yourself as an s-corp you are paying too much in taxes.
      I looked into their lease purchase look like a scam. Would make more as company driver.

    • @shadowtrucker210
      @shadowtrucker210  Місяць тому

      @melvinkeller1466 Yes, I was reading it wrong the first time. My company is an S-Corp. With RTI, I just ran it as a flow through instead of W2 though.
      The only part that's a scam is the maintenance. You pay into it but can't pick things that you want fixed/changed, and you don't get your money back even if you never had repairs done.

    • @melvinkeller1466
      @melvinkeller1466 Місяць тому +1

      @@shadowtrucker210 to me the pass trough doesn’t make sense if you pay yourself on w2 you leave $ in the company to invest in future no Medicare or Ss comes out of it just corporate taxes. But would talk to a CPA before I decide anything

    • @shadowtrucker210
      @shadowtrucker210  Місяць тому

      @melvinkeller1466 You are correct. But I have VA Healthcare for life and disability. So, for me personally, those aren't a worry. For people that don't have those, W2 is definitely the way to go. You can save like an extra $10-15k/year. If you have a really good CPA that's knows every little thing that you can write off, then you can actually get money back on taxes. I filed my own last year when I was doing pass through, and I got back like $8k. This year, my CPA will be filing everything for me.
      It's good you're thinking ahead for all of this. Most people don't, and they get screwed which is part of the reason I made these videos. This way, people can ask questions, and I can give them any info that I have figured out.

  • @steveford4464
    @steveford4464 2 роки тому

    Do you go where you want to go

    • @shadowtrucker210
      @shadowtrucker210  2 роки тому

      No, we are not owner/op. We can turn down loads we don't like, but we can not pick from the load board.

  • @re-upking3327
    @re-upking3327 2 роки тому

    That’s a pretty high truck payment to only be making $1 per mile. Companies like this is the reason most fail in lease purchases. Idk if you’re still there but I wouldn’t be.

    • @shadowtrucker210
      @shadowtrucker210  2 роки тому +2

      It's like $1.80 per mile. I'm making money with no issues. This company actually wants their drivers to succeed. If you tell them to run you then they will. If a driver is not successful here, then they are doing something wrong.

    • @adamshaw8214
      @adamshaw8214 Рік тому

      @@shadowtrucker210 do they hire out of texas?

    • @shadowtrucker210
      @shadowtrucker210  Рік тому +1

      @@adamshaw8214 Yes sir

    • @livefreeordie1985
      @livefreeordie1985 Рік тому

      I’m quitting this week, after they let 3 days waiting for load… it happened 2 or 3 times. It’s hard to make some profit. I went negative 2 weeks consecutive. That’s awful work and Still owes money to company. Good luck, I hope everyone have a better experience.

  • @OFFICIALPGBEATS
    @OFFICIALPGBEATS 2 роки тому

    Camera in truck?

  • @gregbernal3237
    @gregbernal3237 2 роки тому

    that not a lot for drive a rental truck

  • @patricksamuels4296
    @patricksamuels4296 Рік тому

    Are you still with rti?

  • @laylahofmann3970
    @laylahofmann3970 Рік тому

    On time bonus?

    • @shadowtrucker210
      @shadowtrucker210  Рік тому

      If you make your deliveries on time, you get $.063/mile.

    • @laylahofmann3970
      @laylahofmann3970 Рік тому

      That must be something only the newer drivers are eligible for.

    • @shadowtrucker210
      @shadowtrucker210  Рік тому

      @@laylahofmann3970 I signed last year and I have it.

    • @laylahofmann3970
      @laylahofmann3970 Рік тому

      There are divers that have worked for RTI for 6 plus years and have never heard of it. Drivers that are always on time. I guess out with the old, in with the new.

    • @shadowtrucker210
      @shadowtrucker210  Рік тому

      @laylahofmann3970 I mean, things are always changing. You could ask your DM about it and see what happens.

  • @patrickmcguire9116
    @patrickmcguire9116 2 роки тому

    You still at rti?

    • @shadowtrucker210
      @shadowtrucker210  2 роки тому

      Yes

    • @patrickmcguire9116
      @patrickmcguire9116 2 роки тому

      A lil behind on your videos, you making good money? Im in knoxville you get to pick loads?

    • @shadowtrucker210
      @shadowtrucker210  2 роки тому

      @@patrickmcguire9116 I do make good money. Gross is around $5k/week. Net is around $12-1400/week.
      We can't pick our loads, but we can turn down loads if we don't like then. They will ask why and then find you another load.

  • @josephturner3693
    @josephturner3693 2 роки тому

    You can make more being a company driver. I make 88% of the load. After all expensives I take home $3000.

    • @shadowtrucker210
      @shadowtrucker210  2 роки тому

      Do you drive for this company?

    • @josephturner3693
      @josephturner3693 2 роки тому

      @@shadowtrucker210 I'm leased to a company

    • @shadowtrucker210
      @shadowtrucker210  2 роки тому

      @@josephturner3693 If you're leased to a company that means you own your truck. I'm a L/P driver not an O/O. I don't own my truck, so I can't do percentage pay.

    • @josephturner3693
      @josephturner3693 2 роки тому

      @@shadowtrucker210 I'm buying my truck from the company. Renting a trailer.

    • @josephturner3693
      @josephturner3693 2 роки тому

      @@shadowtrucker210 there are many companies out there that will sell you a truck. The same way that RTI/TLI does. But they give you a % of the load. Your doing the same thing as me, but your getting paid like a company driver. I wish I could send you a copy of my last settlement. Then you would see

  • @ricogonzo1523
    @ricogonzo1523 2 роки тому +3

    Not worth it!

    • @shadowtrucker210
      @shadowtrucker210  2 роки тому

      And you say that why?

    • @ricogonzo1523
      @ricogonzo1523 2 роки тому +3

      When I was company driver I was getting 30% of the loads total up to 2800$ a week, naw I'm at 90%, you see mega company's lure drivers to a lease for liability issues and lie about the total gross pay, 3 load sum up to 8200$ to 9000$ gross pay, after all expenses your net pay should be around 5200$ hundred. They take advantage in putting the illusion to the driver in thinking that the truck is yours, go over 72mph and you will get a call from safety bothering you in why you went over the speed limit, it's all mega carriers BS,stay away from lease, your working for free,do the math.

    • @shadowtrucker210
      @shadowtrucker210  2 роки тому +1

      @Rico Gonzo The second you said company driver, everything else went out the window. You have 0 expenses as a company driver, so you can not compare pay at all. And ours is done at pay per mile, not percentage of the load, so again you can't compare pay. And expenses don't match for everyone. It all depends on what truck you choose, the payment plan you choose, the maintenance plan you choose, etc. And this company doesn't lure anyone to lease. They actually recommend drivers go company drivers first until they are absolutely sure they are ready to try the lease program. They also don't give you the illusion that the truck is yours. They tell you it will be yours IF you finish the term of the lease. They are also completely up front about all of your expenses. They give you COMPLETE breakdowns of everything in orientation and answer any questions in depth. You may have had bad luck with companies that you went to, but that doesn't mean they are all the same. I have researched this company for a long time and can't find any reason not to do the L/P program.

    • @ricogonzo1523
      @ricogonzo1523 2 роки тому +1

      @@shadowtrucker210 I can show you my pay settlements, you see these companies make you believe that truck is yours and that your gross payment is 3400$ even 4000$ , well good luck working for free.

    • @crosscountry9132
      @crosscountry9132 2 роки тому +1

      @@ricogonzo1523 show it then