Company Driver VS Lease Operator 🚛💰 (Pay Comparison) 

Did you strictly work on eld clock or? Just curious.

What company are u at ?💀

@@youngtrucker9475 He’ll never answer this question🤣🤣🤣

@@youngtrucker9475 I want to know the company name. Everybody says the same thing, “you just have to work for it” what does that exactly mean? No home time ? Just working all day like a donkey ?

Zeller Transportation

Doesn't make it worth hardly making any money. As a lease operator or owner op, you take off whenever you want.

@@kylehooker3710 and your not paid when you take off work ...no vacation time

​@@kylehooker3710that's my next move, lease operator with a paid for truck hauling reefer units to dcs. Consistent work year round. Gross between 5 to 6k weekly. Company driver is for the birds.😊

@@offroadvehiclelover Minus 2k a week in taxes, plus truck payment, plus repairs, plus fuel. Take home is realistically about $1500 a week and you get no health insurance, vacation pay or sick pay. Lease operator is a scam.

1k per week isn’t shit

The only way to eliminate them is by becoming one yourself

Then you have to find your own loads.

Brokers aren't the issue. They try to make as much money as possible, just like us truck drivers. The issue is companies that are willing to haul cheap freight.

@@jeffreycairns767 which is still the issue brought by the broker. You just contradicted yourself. Brokers are useless to have anyway. It's just an extra hand to take more money off the load

@@charlesbrown6258 I didn't contradict myself. If brokers weren't around, yes the loads would pay more but the shipping companies would be so backed up trying to book loads with drivers that every shipping company would need many, many extra workers to keep track of every load and every truck picking the load up that there would be no extra money for the trucks. It may work for smaller shipping companies but only very few. Not to mention that they could promise the same load to 15 different trucks so it would be nuts. A third party company (brokers) is the best way to go unless you can work out a deal direct with a trucking company to haul only for them. Truckers want as much of the rate as possible and so does the broker. If a trucking company is willing to haul cheap freight than it's on them. Trucking companies have to say no to cheap freight and the rates will go up but until that happens, and I doubt it ever will, brokers will keep making more. I'll never blame anybody for wanting to make more money and if people are willing to take less, again, that's on them. I, personally, will never haul cheap freight but that also means my loads aren't as available. Truckers want to drive 389 Pete's, drive 80 mph and still make $10,000 for no miles. It's never going to happen, not with mega carriers out there with aerodynamic trucks, cut back to 62 mph and excepting every load they can.

Amen

Not really, a walk away lease is less risky. It’s also an avenue to build business credit in a low risk situation

Depending on locations. In TX, my hourly truckers doesn't get paid that much.

Pay is around 24 to 25 an hour in Dallas.

​@@goshawk4340 😱😱

These are 6 month statements

First one literally makes more than you lol

its a extra 800 a week in take home pay . ur already clearing 1300 hundred a week as a company man.

I actually know people that started out as company drivers then became owner operators then went back to being company drivers because of the expenses.

Not to mention the high taxes you pay as a business owner(lease operator)

That's because lease operators are 1099 workers. They pay their taxes at the end of the year. W2 workers aka company drivers it automatically comes out

@@TheAutisticTrucker obviously, which is why the guy you are commenting on said "once the lease operator pays the federal taxes..."

They pay their own taxes, they're owner operators buying a truck through the company

Federal and provincial tax.

​@@charlesbrown6258 no there not

US$53k before tax. Compared to 49k before tax as a company driver I don’t see much advantage in coping with all the hassle, risk potential liabilities or SLA penalties headaches, etc unless one is looking to expand and run a fleet.

@@ukroadgoatdo your own research outside of here, as an owner operator you can definitely make a lot more money but you also have a lot of freedom and if you get used to that freedom and forget about the work part, you’ll definitely make more money being a company driver

@@kennethlopez4217 you do not make much sense, dude. Let's put it to rest. Whatever. Peace and keep safe out there.

Very nice

What's your employer?

@willynaylor7356 what was your net?

​@Steve H yeah I dont want to do that

@@bubbles6883 why you say that? Explain

It's not minimum wage. It's 6 months. Double each amount.

How can I apply to hfc

How much experience did u have prior to working for HFC?

@benab5912 8 yrs. Mostly heavy haul. Flatbed, lowboy, military freight. Rarely ever reefer/dry van. You don't need experience. You get paid the same straight from school or 20+ yrs of experience.but they don't provide schooling. Training yes. Training can be done really fast. We have 2 trainers and they're awesome. Obviously I didn't need one. I just had to drive 20 miles around town with the supervisor. Not sure if I mentioned before but you have to provide your own way of getting to omaha or sidney, IA. They pay for hotels. The only reason they don't provide transportation because it costed them alot of money when people never shown up. I flew from Sacramento to omaha. It costed me around $400. You get whatever money back from getting there real fast. Note: I'm not a recruiter, I don't get an compensation for recruiting. I'm just one of the drivers who enjoys the company that doesn't give bs. Yeah. The dispatcher can be a hard ass at times but every single person in the office including the boss drives too. Except for the Bpss's daughter. So nobody bs you there. I'm still walking away in a couple years because I want to get I to bull hauling and I miss driving a kenworth w900 and I miss driving the long nose, especially a manual transmission that's not governed. That's just my preference.

Dude spoke facts if yeen making 100 your making minimum wage just off the fact inflation has cause housing,car market,food,gas everything to sky rocket 1000 a week use to be good money years ago not anymore 🤝

Western Express

@@squonkers762 what's wrong with western express?

@@reinaldostrobel81 lol

@@reinaldostrobel81 Everything. They got worst pay 💰 in the USA 🇺🇸

I'm stuck there for another 4 months until my contract is done. 2 months in rn.

It's for 6 months lol

@@chasewilliam1902 William didn't say he made more in a year, I'm sure he has at the very minimum basic knowledge in order to understand the pay given was for a 6 month period.

I doubt you make more than a lease if you're a company driver which you didn't say, but yeah for a fact you don't if they have the right loads being hauled and you're home every day. You probably work long as hell hours doing local

@@charlesbrown6258 I agree but who ever that guy is leasing with isn’t making much

Stop lying to yourself just to make yourself feel good 😂🤣 people that jump into lease purchases can come up if they know what they’re doing. I’ll go stub for stub with you as a lease vs company. If you’re talking about lease companies like Schneider, JB Hunt, Werner etc, then I believe you, go ask the guys over at Vl trucking lease the amount of money they’ve made and has changed their lives.

He said six months so 70k. Still crap tho

100k a year is not bad 🤣

@@brendanberto-jones3352 that was six months and no taxes were taken out on the sucker. So you can deduct another 40% from that $53k.

What'd you do to get your own truck ?

@@quiet9088 can you not read?

@@N54God666 im thinking about becoming a truck driver, would you say owning the truck is arguably a better way to go as long as i can pay cash for it?

@@TheGamingChad. you don't even need to pay for it cash but that will just be better. Doing your own thing if significantly better as long as your not just doing load boards

@@N54God666 what does an F650 classify as? Does it still have plenty of opportunities when it comes to trucking?

The owner op makes around 200k while the conpany guy makes around 80-90k a year . The difference is 30k a year in take home pay witch is about 600 hundred a week.

It's over 6 months

How are you making $100,000 as a company driver for 6 months????

@@chipinfoos That's lease operator for 6 months

@@itsallovernow2929 so trucking journeys is a lease company driver making $100,000 in 6 months? That would be pretty good 👍

@@itsallovernow2929 the comp driver also was for 6 months

Any cdl driver is tested

I hear that... and I believe that

@@calvinjulian2092 thats 99% of truck companies steal money from drivers while they pocket all the money. This how they get new shinny trucks for new drivers.

@@turbo12v Then go start your own company. 👍

This company charges minimum of $2.30 per mile but pay the lease operator $1.50 per mile Including fuel surcharge. I make $2.05 per mile minimum (depending on the miles. Shorter hauls pay more per mile) plus $25 per pick/drop. I make $20-$25,000 per month. Plates, insurance, elog, ALL maintenance, etc is included in my lease agreement. I also have a walk away deal should I ever need or want out.

Lots of profit driving trucks .... just not for them .

Not with ET transport. There are plenty of other companies that will pay you a lot more than that. I do very well and there are plenty of guys who are doing even better than me as company drivers

For 6 months its not that bad. Depend on how many days out.

@@Yannick3585 my schedule is 17-7 thats 5-1-5-1-5-7, every 1 day I'm home then I get 7 days off. Like getting a vacation every 17 days. As a company driver you should be around 30k at 3-4 months. If you're not there, I would advise to keep looking

You can lease a truck. The company I drive for lease all their trucks so they don’t have to spend money on repairs or maintenance.

Pretty sure he just misspoke. It is pretty clear the second one is the company driver info.

Hmmmm, not a bad prospect though I think there are a lot of factors to consider. For example, what if they have a family and can't do the recurring rentals?

EXACT SAME THING I THOUGHT!!! IN ALL HIS VIDEOS HE TRIES TO GET DRIVERS TO BE COMPANY DRIVERS BY DEMOTIVATING THEM WITH FABRICATED EARNING - hes shit, dont ever work for his company, we truckers know such types

Lease doesn't seem to get taxes take off and hes paying no benefits. Company would be better in this case since taxes are taken off and also retirment pay etc....

Workman's comp?

Don’t forget write offs, leasing is a business model , not a company job with no overhead to operate.

Thanks for sharing Bob!

Take home of $53K is not a low paying job.

@@alelectric2767 yes it is. Anything at or below 1000$ a week after taxes is low slave wages. This was for a 6 months period so it's not bad. But anything less then 1000 a week is exploitation u will never build a future or have anything to leave your kids but the opportunity to trade time for money the same way u did.

@@alelectric2767 I took home 86k I think that’s low… I’m an electrician

@@simbos174 Keeping the lights on

@@simbos174 he said these numbers are 6 months not full year.

It's for 6 months. Do your ears work?

@@chasewilliam1902 my ears are working just fine

Errr, I'm not sure about that. Granted, there are people who barely make that in a year

6 month statement

The average hourly rate in the Toronto area is $23/hr. I'm lucky, I make $26/hr but I only work 5-6 hours a night. I can't stand driving through Toronto during the day. 8-12 lanes each way and still bumper to bumper from 6am to midnight or later.

@@itsallovernow2929 I remember my first part time job lol

@@El_Borrego_Negro LOL, except I'm 18+ years trucking and considered full time.

@@itsallovernow2929 im a rookie and being paid 25/h in QC.

What he showed was for 6 months. Also the lease op doesnt get taxes taken off or any retirement funds of any kind. In the end, company driver is better off. He gets retirement dollars auto taken, taxes auto taken and other benefits. Lease has none and you need to pay taxes at the end of the year.

Leasing blindly will sink you very very quickly

Congrats!

I did it to make more, which I did in comparison. Only that swift dedicated account for Walmart as a company driver would have got me more than any other company job I’ve had. The highest net pay I’ve done was with bay and bay transportation, a lot of weeks I’ve made over $4900 net pay. I bet close to $90,000. Things did fall off in March of 2022, that’s when I left the road. My DM was crap previously safety and slacked off. Listen to people when they say come get under my DM.

Haha, yup

You didn’t watch the video close enough

@@Coachplayer I did is 35k for 6 months that’s 70k 1 year that’s crazy low for a OTR truck driver that’s around 1,500 weekly that’s way to low, I’m a company driver to I make 2,100 to 2,300 weekly home every week

Yes! Thank you for pointing out that error!

How many days a week do you work to get 40 hours?

@@nia6849 usually 6 hours a day, 5 days. I do get 8 or 9 hour days on occasion which suck as far as I am concerned!

Glad you liked it!

There's always more to consider, this was just some of the key factors!

Great question!

Thats what i figured also. The lease doesnt pay for any benefits of anykind. If he did it would come up to the same. Also lease will still need to pay taxes at the end of the year

With this video being about a year old, things are a lot more different today

I'm a bit confused, what do you mean?

It's for 6 months

True!

@@NorthAmerican-Trucking-News had to edit 53 not 43. Lol