6 month pay comparison: COMPANY DRIVER vs LEASE OPERATOR/ OWNER OPERATOR
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- Опубліковано 8 вер 2021
- Let's talk MONEY! In this episode of "Trucking career advice" we compare 2 scenarios: a Company Driver vs Lease Operator. Same mileage, same truck, who will make more money???
What are the benefits of being a Lease Operator / Owner Operator VS a Company Driver? When should you become a Lease Operator? When should you Finance and not go for a Lease Program?
In this video, Ronen compares 2 paycheques from 2 different drivers: Van Reefer division and Flatbed division. Ronen discusses the PROS and CONS of becoming a Lease Operator and shares some advice to any driver looking at becoming a Lease Operator and what to look out for.
Ever wonder how much a driver makes in 6 months. Ronen will go in detail int consolidated pay statments for both a company driver, PAyroll records and Lease operators pay settlements.
Which path would you pick?
#LeaseOperator #Truckers #TruckDriver #ownerOperator
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Another good one Sir, coming after the 3 month pay comparison. Waiting to see & learn more on the one year pay comparison. I see that even for company drivers who are yet to become owner operators, it can't be bad at all if one is willing to work hard and get the miles.
Ronald all your videos are so good interesting
thank you (Ronen)
Hahahahaha 🤣🤣🤣😜🤣😜 sorry
Hey man, just wanted to thank you for all the tips you're giving us. I just passed my Class 1 knowledge test yesterday and soon will train through BC's new MELT Program. As a new aspiring Commercial Driver, I have learned a lot from this video and helped me get ideas on what to do in the future! Keep em' coming and more power!
I really enjoy how you break things down and give good honest numbers. I'm an old ex owner operator, and I agree with your advise.
This is one of the best, most REALISTIC UA-cam trucking channels. No BS. I've been in the truck industry forever. I was born in it. Father did it, uncles, siblings still do it
The videos are great as usual Ronen! Great to see the channel grow
Firstly, thank you for sharing the numbers and informing us. Secondly, I don't live in N.A. but what I have learnt from formidable and experienced trucker-youtubers is that when you hear the word "lease-operator" , you run away like your life depends on it. Specially when you are a rookie.
Glad it was helpful!
Thank you for posting and breaking it all down for us!
My pleasure!
Ronen you're simple the best 👌, I've learned a lot from in a very shot period of time.
I don't understand how possible is that you don't have a million subscribers yet...
LOL, neither do i,
Share the content if possible.
Slowly but shurley, its coming along.
Great video as always. I appreciate the honesty in your videos as well. It's good seeing these comparison videos and explanations.
I have the means to become an owner operator with my own truck. I enjoy the simplicity of being a company driver though. I'm paid well enough and I have no stress or worries except for the roadways and shippers/ recievers. Also peace of mind in knowing I can turn the truck in anytime and take a break if I'm burned out. If a company driver is getting paid well and is good with finances, it's a win/win.
Thank you for sharing. That's what we're here for: share stories and learn from each other!
Like your videos, I’m about to start Cdl school in AZ very excited grew up around semis my whole life
Excellent, highly informative material Please keep going Ronen. Thank you
Thanks, will do!, appreciate the positive feedback
Excellent content guys! I watch every video. Keep it up!
Awesome details! Love the breakdown and full details!
Glad you liked it!
I'm happy to see that the channel is now growing so fast. 🙂
Keep it up guys❤️
Thank you so much 😀 Working hard!
love the videos man; i appreciate the time and effort you put into them and it’s gonna be a great aid to me in my future career.
Glad you like them, thanks for the positive feedback
Great video and great insights ! I wish I knew these facts when i moved to Canada. Wasted time and money going to the college.
In the industry of so much misinformation you guys are outstanding 👏 clearing things up, thank you
Glad we can help! Thanks for supporting our channel 😊
Love the video, really good info here!
GOLDEN AS USUAL
thank you for the positive feedback
Gold info. Thanks for breaking it down for us.
Glad it was helpful!
thank you for everything i mean that starting trucking school Monday the 13 th =-)~
Good luck!!
Excellent content always great videos kudos to ET TRANSPORT
Thank you very much!
Great Video! My question is how your leasing program stacks up against others. Are there things you do that others don't and vice versa. I'm really looking into it as an option and I'm just trying to find out how to go about comparing leasing programs between companies.
Quality info , keep it up
I love ET. Transport 💯💯 thanks Sir Ronen well said. 👏🏼👏🏼👏🏼👏🏼
Best trucking channel on UA-cam.
I appreciate that, thanks for the possitive feedback
I haul pine chips in texas
In six months on average I make 33,600 gross on 60,000 miles that’s 2,500 miles per week average. I’m home every day 50-60 hour work week
Unlimited miles available
2018 Mack
Right out of trucking school, I believe I got lucky with this job but just wanted to let y’all know what is out there.
Love the video
Canadian rates are much lower than US rates. Yes, we Canadian drivers get hosed in comparison to many US drivers.
@@kentr2424 and also cdn isn’t as good as usd
33.000 a year working
50 _ 60 hrs a week is crap pay
@@michaelanderson4836 that’s for six months
I'm looking to start trucking school soon and I'm hearing that people come out making like 600 a week. I'm like wtf?!?! How did you find good jobs making 1k+ a week?
Another great video that makes you want to join your team unfortunately your recruiter I contacted was not as enthusiastic and for your lease operations I was told was a very long waiting list
Great video! Can you do a video about best practices for team driving? Thx
Great suggestion! I will look into it.
I'm thinking about becoming a driver myself. But I think they are trying to get rid of owner operators here in California.
Of course I’m subscribed
What is the difference in pay when the accountant the lease op has to hire to file quarterly, his wsib he needs to pay for, his quarterly taxes, I think the difference is a lot closer when you add all the extras
Sent my app in and looking forward to going the crew if possible!
hi, when did you send in the APP? what division will you be going into?
@@NorthAmerican-Trucking-News I did today. Though your videos fail to mention you don't hire out of US
@@nickg4431 Correct me if I'm wrong but isn't the worst pay in USA better than the best in Canada???? That's been my impression. Trying to get a green card.....
But hang on a minute...
Your saying "net income" for the lease drivers you reviewed, but the amount you are calling "net income" is actually adjusted gross income or all income minus expenses. You aren't deducting taxes from that amount. Then you are comparing the pre-tax adjusted gross income (calling it net income) to the actual (post tax) net income of a company driver. For example, when you compare the flatbed operator's 59,000+ adjusted gross income to his hypothetical company rate gross income of 54,000+ it is only about a 5,000 dollar increase. That 5,000 is also taxed, so really a lease operator in your company is only earning about 7,000 more annually than a company driver...and doing a lot more work, and taking a very significant increased financial risk.
It may still be worth it for some, but either way, be completely transparent in your comparison.
Yep
I only get payed $0.39 a mile. I mostly haul reefer though so I get payed an entra cent on top of that so it works out to 40. It's not the best but as a married guy with no kids living in a nice place that's really affordable with almost no bills it's pretty damn good money. I also get payed for picks and drops and my company pays for almost all on duty time at an hourly rate that's $26.50 hourly along with my bonuses. I take home roughly 4 grand a month give or take and I've only been in the industry for about 8 months now. I don't get the complaints. I'm quite happy with how I'm payed.
Can u make a video best semi tractors for flatbed,tankers,van n refeer. Weight, durability,spec for different type of hauling. Thanks
Ronan interesting numbers but the lease op is pre-tax dollars and the company driver stub is post tax dollars. Correct me if I am wrong please. Once the lease op pays his taxes the difference won’t be this large. Thanks for the videos I really enjoy the open approach.
you are correct, its PRE TAX for the lease opperator. ITS also PRE HST Return and 3500 Hold back. so the numbers for the lease operator is about 10K higher. Also the lease operator is paying off a truck
@@NorthAmerican-Trucking-News You mean the truck that will have little value once it hits 650K and he owns it?
Yea I was thinking the same thing. After taxes lease operator is going to b around the same
that's why there's less drivers in flatbed it's almost the same money in dry van
Friend of mine went lease . 6 and 7 days with where I am his net stayed around 1000. He nets 3800,4300 average gross weekly now. I got 2 non moving violations ( incorrect log status and out of service for a air line leak at the trailer on the air hose ( just below the glad hand) and lease to own company said their insurance wouldn't cover me. 3 weeks ago. First tickets In 6 years driving experience.
Looking at the company van vs lease operator van comparison, you said your drivers are paid 63 cpm. But he is paid 1440 salary, convert that to miles is about 2200 miles a week. The lease operator was averaging more than that per week. So of course his pay is going to be higher.
Is it possible to make a video about owner operator and corporation based business please?
I"d Be gratful for the company driver pay! Not bad!
How much would you suggest to put to the side for taxes as a lease op?
Hi Ronen,
How you deal with cargo or equipment damage insurance claims ? Company drivers vs O/O .Is it legal if campany deducts driver in case he/she did damage to the equipment or there is a cargo claim.if not what is the process to avoid vs company.?
How about non truck drivers who either own or lease new or used Semi Trucks who do Rec driving a 5th wheeler Semi trucks for Go RV
Thanks a lot. Very informative.
Could you pls let me know how does lease operator get the truck? Does he/she lease it from, for example ET Transport? When leaving, are the trucks brand new or used?
Sorry, I am just new to the industry and planning to do my Class 1 MELT 1 in Oct this year in Calgary.
Thanks
Depends on the company. But most will just sign you on for a walk away lease and you’ll be paying a weekly truck note. Sometimes you’ll get a brand new/slightly used truck and sometimes you’ll get a really used truck
If you’re new to the industry, I would suggest going company first, unless you’re really disciplined with your finances
Is 20 percent a good number to go by for lease purchase for taxes? Let's say the LP you where talking about makes say, 120k, in theory he would owe about 25k in taxes? I'm not sure if 20 percent is a good gauge or not.
11,000 mi per mo.for a flatbed driver is an anomaly….Unless he never throws a tarp and his average haul is 2000-3000 miles ..One pick up and one delivery….
The problem I’m running into is you can’t find a decent used truck. All the big companies are getting them but not the new guy. So your almost stuck lease purchasing so you can get a good truck.
Company driver is after tax and fleece driver is pretax?? How do they compare? Fleece driver still will have a tax bill and his wcb.
Do I understand correct that the salary of a company driver is clean? Or he has to pay taxes in the end of a year?
company driver is clean, Lease operator still needs to pay taxes
What about gas?
As for the lease driver using the corporation as a cookie jar, isn't Revenue Canada going to require the driver to take out, or at least pay taxes on, a taxable salary that bears some relationship to a company driver's pre-tax pay? Here in the US you can't stash an unreasonable amount in your corporation without paying tax.
Looks like he's got about $60,000 in deductions right now for taxes
This how you get rich taxes not income
IMO, it is only fair to compare pre-tax income. Yes, the corporation can decide what kind of taxes are paid, the tax man always gets his.
I know this is an old thread but he can't do that. The lease OP is technically a business owner. They were likely able to write off a lot of the tax they owed but everyones situation is different so it wouldn't be exactly accurate even if the guy volunteered to give his post tax numbers. Lease OP in this scenario is more profitable for sure.
Lease operator doesn't pay taxes?
As a company driver in USA I made $82000 for 6 months of working on car hauler. 35K is a joke comparing to the US drivers pay. Thanks for the information ET!
hi, yes its a fact, our rates here in Canada are much lower than US pay rates.
Thanks for watching the channel.
Sheesh what company do you cart for? I would've never gotten my own authority if I could've found that. Otr, regional or home daily?
Prove it
You showed the income of lease driver before tax, while you told the income of company driver after paying fedral tax. That is why there was a huge difference of 18000$ among them. But when the lease operator will pay the tax then the difference will remain only marginal. Am I right?? Please reply. Thanks.
not at all, the driver still have the 3K that was deducted for holdback + he will have around 6-7K in HST returns. so now its about a 28K differance, and lets not forget that he is paying off an asset. you can leave money inside our corporation and only withdraw 35 - 45K as a sallary.
@@NorthAmerican-Trucking-News no that's a avg company driver put you money were your mouth 👄 I make more as a company driver then 90% of lease fools...
@@NorthAmerican-Trucking-News I get the same pay every week and paid home time dose your lease drivers make 2500 every week hell no not even close
Yep - you hit it on the head. The Lease operator is taking on all the risk. He does not get to have all his pay tax free. After he pays his taxes and his CPP he is on par with the company driver. At the end of the lease, his truck is worth very little. ET Transport is like every other trucking company, they get to reduce their exposure and predict their long term expenses by putting all the risk and unknowns onto the "Lease Operator".
@@NorthAmerican-Trucking-News Please make a video of the annual pay comparison between Lease Operator Vs Owner Operator Vs Company Driver, after deducting tax in general scenario.
Is he also leas purchasing a truck or is he just leasing?
Dud lease driver have to pay taxes on his 53,221? He still has to pay himself so his personal company has to pay tax on that profit number, then he has to pay personal taxes on what he paid himself out of the 52 k, correct? Do you know what that amount is?
First off, using your own figures and pay rate, there's only $6,000.00 difference in the first comparison....before tax deductions for the Lease Operator. Even with the Corporate or LLC deductions, the company driver is making more. Until you have multiple trucks, the deductions are remedial.
If you have bad credit and no money saved, he is absolutely correct....don't attempt being an Own Operator. Start up is best done by buying your truck outright (paying cash) for your truck and having a minimum of $35 -50,000.00 that you don't have to worry about if you're buying a used truck. Newer or under Warranty trucks require a little less, but not much considering the cost of maintenance and fuel. Do your homework and look at the actual expenses. Taking the easy route will only do 2 things: 1) leave you broke and discouraged and 2) help pay off the Lease Purchase Companies truck.
Sir you didn't take income tax of the lease operater......but u did on company driver
That's because it's much more complicated than employee taxes.
A business owner, if structured properly, will pay minimal taxes. Every business is different.
One may pay $3k on $60k of earnings. While the next guy pays $15k on the same earnings
yes thats true.
I also didnt take the HST return for the lease operator, and his holdback into the equasion, so he actually made 10K more
I assume lease operators have to pay their own taxes like we do here in the states? If so then the take home is about the same for both
Same pay more headaches.
Do not lease!!!
How much income tax did the Lease Operator have to pay on his take home
its complicated, it all depends how much he took for a sallary, and how much he left in the corporation
What would be the difference in cost for an owner as opposed to a lease operator if someone was on financing?
@J MacD The difference in cost for a lease or finance is minimal. If you find a good place to lease.
My numbers (3 year lease) are within $5k USD of a 5 year finance. But I'll own mine with ZERO payment after 3 years.
@@thetruckerslearningchannel3211 so... the big question : what companies are good/safe to lease from? I know to avoid Prime and most other mega carriers, but that's about all I know...
@J MacD I could tell you the 2 places I feel are best, for me. However, they may not work for you.
There is so much to be considered when you take this route. And most people aren't honest with themselves. They spend months talking themselves into a bad deal. Where I spent years, talking myself out of them.
Get a new truck, not used. If you have $50k laying around, go with Lone Mountain, have an APU installed. And pay it off as quickly as possible.
SFI offers little or no down payment. But the payments are HIGH. If your not disciplined, you'll be done in 6 months.
The fail rate is extremely high for lease ops. Ronan says he's going to do a video about the reasons, soon.
@@thetruckerslearningchannel3211 Thanks!
I'm still very much in the "looking to see what makes sense" phase.
I'm still pretty new at this, and I'm getting 60 cpm, with a guaranteed minimum $1350 per week. (Which my company has been good about). Not bad for a noob, IMJO.
One O/O I watch, leased to Turquoise Trucking, says he nets 72 cpm. He has his own truck, trailer, with hazmat and tanker endorsements (and uses them), is out for 3 to4 weeks at a time, 2500-3000 miles per week, and still makes that little. If that's what an average O/O makes, I'm not interested.
Yet here, Ronan shows guys up in Kanukistan making decent money while still paying for their rigs.
For now, I'm happy enough being a company driver: Less stress, less hassle, and still "ok" money ($70k+ ish before taxes)
Like I said, still thinking hard about it.
Just curious here how much is the down payment for the lease operator?
its about 5K
@@NorthAmerican-Trucking-News as a driver i can really appreciate the honesty, don't see that anymore in the industry
That is before taxes and medical
After taxes they made the same
Out of the $53,000, the lease driver will have to pay income taxes and both the employee’s and employer’s portions of CPP.
(That’s Canada Pension Plan for any non Canadians watching).
Therefore a better and more accurate comparison is the $53k vs the $49k. Although the lease operator has a few more options to lower his tax bill.
I agree. The video is misleading. The real comparison is that a lease operator makes only makes a few thousand more than a company driver pre-tax while assuming so much more risk.
i guess it all depends on how much money you pyll out of your corp, dont forget the lease operator will also get about 5-7K in HST returns anually.
@@NorthAmerican-Trucking-News I agree that the HST refund will add to the $53k figure but it’s not obvious in the statement as shown and should have been included in the calculations. The people I work for separate any GST/HST costs I incur. If ET doesn’t do that, it should.
A lease operator will also incur costs of incorporating as well as annual cost of hiring an accountant for the additional tax return. There is also the cost of WCB depending on the province. The difference in take home pay as presented here is not as stark as Ronan makes it out to be.
As far as simply saying “it depends on how much you take out of the company “ well, anything left in the company is also taxed but at a lower rate.
Never mind that $100k a year ain’t much in the GTA or Vancouver. In Estevan SK it might be quite a bit but it only for housing
@@Freightlinerbob Some people are never happy no matter how good the content is
@@pocolaokgmail it’s not good content if it’s inaccurate or worse yet, completely misleading.
He’s just made a $10,000 mistake in his calculations.
If the company driver is paid .63 cpm how much is the lease up paid
Nvm I saw it in the video
truck payments will be much higher for the new lease guys
But doesn't the lease operator still have to deduct all his taxes EI CPP etc
Whereas the company driver has all his deduction already deducted
Do a tax video for all 3 scenarios
73,000 miles and only made 113k jeeeez
$1.5 dollars a mile isn’t good where you are ?
@@bentired9058 do you consider that good?
Haul fuel locally and you'll make 6 figures easy without any of the stress of owner op and over the road lifestyle.
I wouldn't run as an owner op with those kind of numbers not worth it
@@Alexanderofthe9th exactly. They are getting 3 dollars a mile + and paying owner ops 1.75
Hey brother $1.75 a mile is really not all that bad in Canada. When you take into account that we don’t pay for our plates which are $3500 a year, our truck insurance which in Canada is anywhere between $18,000 and $21,000 depending on the make and model and year of your truck. We also don’t pay for any tolls, Border crossings or faxes. If I had to pay for all of these things my mileage rate would be about $2.90 - 3.20 a mile. So in reality I have no problem making $1.75 a mile if all I’m paying is my fuel my repairs and my truck payment and with a little luck you can keep your repairs to a minimum. Being an owner operator in Canada is a whole different ballgame than what you guys are doing down south.
- Brian
I was making 1200 to 1800 as a company driver.. went to lease purchase and I'm growssng 11k to 13.5k weekly I walk away with 6500 to 8300 after all the bills weekly.. I'll own my own truck in roughly a year..no rush.. current truck is a 2021 cascadia..refer trailer..
What company you lease with?
@@TheDomin8kid Cap Star trucking 🧢🧢🧢🧢🧢⛑
Plus deduct 20% on lease guy for taxes
And after taxes the lease driver netted? About the same as the company guy. Nuff said
Until that big repair comes due, and then Wham-O the company driver is in the lead.
@@bill7778 leasing is a racket and a scam that should be illegal. It takes advantage of the average persons desire to feel like an independent business owner. Company, owner op is the only way to go.
Is a few thousand dollars more worth the risk and tens of thousands more of responsibility
@@Bold11x it definitely isn't for everyone. Should it be illegal? I don't think so. Is it a scam? Most of the time. Unfortunately, a lot of people think they will be rolling in the money or freedom if they lease a truck.
The only reason I would think it "might" be a good move for someone is if they want to try it before making the commitment to buy it. Even then the "profit" margin is so low it wouldn't really be a great idea.
I personally don't see the benefit of lease op thru most companies, maybe Landstar is a good one? IDK. What I do know is all you get from most Companies that lease is access to the operating costs, a few thousand dollars more than a Company driver annually and a whole lot of responsibility. Didn't the Supreme Court rule on Lease Ops simply being Mis-classified employees a couple years ago in a case against Prime?
You'll never convince me that Trucking companies that have both Company and lease drivers don't find ways to keep higher paying loads on the company side for the most part even though it's illegal, by being creative with the laws &rules and operating in a gray area. Legal or not, its unethical, and to put yourself in debt to & at the mercy of any person or business that has complete and total control over YOUR outcome, income, success or failure is never a good idea as there are too many ways to manipulate the situation & control the outcomes to favor the lessor and put the leasee in an unfair & insurmountable disadvantage, in fact the trucking industry is about as close as you can get to a slave trade as you can get in 2021.
My main point is there should be clear laws and no clever marketing tactics allowed. And just like there is the DOT watching drivers there needs to be an agency that governs and police's the industry to protect drivers rights just like Wall Street has the SEC to protect investors.
Hi Ronan Can I work in your company as an Albertan owner operator?
So basically after the lease driver pays into taxes. He will be making about the same as company driver. Right?
right, and you get the headache of running a company and paying someone to help you with taxes and organization.
Same pay!
More headaches!
Yes, but I guess it will be worth it once he owns the truck correct?
53k what about income tax
Its not bad pay if your local but if your on the road most of the year I would be expecting to be paid at least 6 figs net to do that job.
ya, i totally understan. the rates in the US are much higher than in Canada
@@NorthAmerican-Trucking-News why is this??
Ronan, anyone who knows me, knows I'm an advocate for leasing a truck.
But these numbers 🥴 They're off the hook. I'm not talking about the pay. I'm talking about the mileage.
I average 7800 miles a month YOY. I do keep less in the end. But my payment is $1073 a week every week. I pay my own tolls, insurance, etc etc.
I bought new, have less than 6 months left on the lease, then it's mine. After the ballon payment of course.
But I genuinely can not see the benefit of driving a truck for 3 years at that pace. Too many miles. At 30 months, my truck has 245k on it. Miles, not kilometers. I'll still have warranty left. Lots of it.
hi thanks for the feedback, pays in the us and pays in Canada are totally different. an owner would not be able to servive with a new truck running short haul. our average RATE per mile here in Canada is around 2.15 CAD on round trips.
Hope this helps. and thanks for following the channel.
(RONEN)
Maybe my response was lacking a bit of information. I try to avoid short haul, unless it's a connecting load.
I average 7800 miles a month. But I stay out 3-8 weeks at a time. Then take 1-4 weeks off.
My average length of haul, is 1200+ miles. I've crossed the country more than times since August 10.
BC-CA-IN-AL-TN-CA-WA-MA-CA-AL
I have a home in BC, as well as the states.
You don't make any sense
Hello, I love this channel. Does your company hire new drivers or only experienced?
hi, you are more than welcome to send inquiries to recruiting@ettransport.ca
I don’t believe the lease operators pay is their net pay is that not their gross pay and they have to pay taxes personal income tax on that amount yet ? Great video
This has been covered but if you are going to work for ET you would be a fool not to lease to own
IT IS ALWAYS A BAD IDEA TO LEASE A TRUCK FROM THE SAME COMPANY YOU DEPEND ON FOR YOUR REVENUE.
Lease made more but hold on. TAXES!!!!!!!!!!! TAXES might be 15,000. Now lease is down to 38k take home. Differences is you working to own a rig plus you gotta get smart on how to reduce taxes
Lease purchase , so many reasons you can end up with no pay for a long time,
.63cpm is very good. i think the lease operator wins financially but his stress level is probably higher
Ronan, I'd like to see what the lease operator takes home AFTER taxes (just like you posted the company driver) - assuming that he/she takes all the money out of his corporation. You don't have to get very in depth - just some numbers. It would likely take hours to explain Canadian tax laws and regulations!
es that video is in the works. most likely i will have it out in NOV / DEC
Total home is around 8k minus taxes will depend where he live. Ontario is 23% federal 10% provincial, ei is around 2 or 3% so do the math :( is not good at all 5300$ approximately
Drivers don't get suckered into this. Lease is another word for rent. Except you are responsible for all repairs and damages. Save up minimum 15k get a 650 credit score buy a used trk with affordable payments, get insurance so lease trk under another company authority let them take care of ifta,registration, safety books etc learn the ropes. Get your own fuel card buy fuel as you need it you benefit from savings. Only take loads on toll roads if load pays enough. Example PA,NJ,OH and so on. Tolls can kill your business. If loads don't make since say no. Know your (cost per mile) what ever company you sign on with make sure if your trk breaks down they can set up pickup to recover and get repaired let them bring a rental until fixed. You will get billed and can work out payment. I drive 2 or 3 wks on 10 days to 2 wks off. Bring home after expenses 4 to 7k per week maybe 1800 to 2200 miles. 34 hr reset deliver Monday morning every week. I don't come close to running hard screw this 3k miles bs chasing miles for pennies. So drivers swift,prime,weiner, companies like this spend big money to convince you lease purchase. It's a big freaken scam I know cause I got suckered into it when I started.
Best driving school for truck driving in Scarborough Toronto??? And what are the charges??
Google it
Ronen Ronen Ronen. Compare the company pay AFTER taxes with lease op UNTAXED? If he wants to actually SPEND any of that money he must take it as pay and pay taxes at the same rate as any other driver. Correct me if I'm wrong, but this would be after he pays corporate taxes at a quite low rate. He "saves" ei and cpp but also is not eligible. Yes, there are some tax advantages to having a company but don't imagine buying a Harley as a service vehicle. If there is a magic way to get money out of your company without paying personal income taxes please don't keep it a secret. Yes, there is a difference, with risks, but your presentation is still distorted. The lease op definitely did NOT "take home" 10,000 a month!
Why are u comparing the company drivers after tax amount to the lease operators gross amount before taxes. Lease operator still has to owe tax money at the end of the year. The company driver is going to get a reimbursement for meal expenses after he files his taxes.
What we he pay in taxes on that $53,000 that's the real take home pay
My question is why the hell that driver is driving for under $2 a mile
Would like to start immediately Start job can you please me ji
OMG...that's total garbage. I'm a beverage tractor trailer route driver in SoCal (Teamster), I'll make over $100k this year and be in my own bed every night.
How many times have you been to Europe in the past 5 years?
How many MONTHS did you take off last year? That's right, months.
When you wake up on Tuesday morning. Do you have to call someone if you decide not to work that day?
Union + $100k = Big whoop
@@thetruckerslearningchannel3211 gooe day Sir, and what are the answers for your own questions? I am an o/o but not in Canada, neither US. And one of the coolest part is that I don't have a boss. I am my own boss. But I am very curious about trucking in North America. I saw one of your comment and it looks like you are an o/op under your authority. Could you please give a hint - what is the average rate per mile for Canada-US and back?
Can US citizens drive you . I only interested in making money on taxes not income. Only US drivers are saying 59k is working 6mos is crazy . Iam in the US that's not bad money if you is doing the right things with it . I agreement with you cant believe it the 5 videos.
$2000 is NOT a major repair.
So lease operator is 18,000 more. Nope not worth it. Also you did not take taxes out on the lease operator! So all you have to do is take 20% taxes out of that figure.... Forget the rest
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