First Week as a Knight Transportation Lease Operator/Purchase Pay Dry Van OTR Trucking Mega Carrier 

Interested in driving for Knight Transportation? Click the link below to contact a driver recruiter. knightfriends.com/177155

Say NO to cheap freight !

😮😮 that’s horrible! You brought in almost $6000 in revenue for 3347 miles and you only bring in $1660???? Bro turn that truck back in!!!! Holy Hell that’s awful!

Not worth it if you gotta shell out 1000 dollars a week to knight. Dont know why people keep doing those purchases for mega carriers.

they never give you anything back, as you will find out in the end no matter what they tell you

Good luck brother. Thanks for being out there, making sure freight moves. FKJOEB!

I don’t understand why anyone would run as a lease operator. $1650/week is what a company driver makes without the maintenance costs. Once you take your taxes out, you’re clearing about $1100/week. Great content in the video but those are some tough numbers to see. Good luck to you brother.

Good luck with your truck, drive safely and enjoy life.

Well done, like your presentation, good spread sheet. Can plainly see that keeping up on your expenses and revenue is key to success!!

Great Video.....everyones situation is different. Thanks for being transparent.

Sounds like they are nickel and diming you to absolute death. That 3 cent per mile ifta charge is a complete scam. I don’t think I’ve ever seen my ifta bill ever be over 75 bucks per truck per quarter. This year I’m actually owed 300 bucks. I hope you get through this phase and upgrade out of the lease purchase

Leasing in this economy is insane

All the best to you mate

Amazing video brother, absolutely loved how you broke everything down and explained it. SUBSCRIBED, looking to become an owner OP once the market rebounds a bit to around $2.20-$2.50ish

Been there done that run from golden Colorado it’s a beer 🍺 run,nice and Heavy.

Awesome, I'm looking forward to this! I'm just almost finishing CDL school and talked with Knight transportation to go into a flatbed, and thought about maybe in the future doing a lease purchase, these series would be very helpful!

Make sure you take out .25 cents a mile for the Stealership. They make a percentage off everyones truck as well. $227.00 an hour labor in Atlanta. You'll need their software

Good luck . Dont worry about the ney sayers. You keep doing you

Welcome to the world of indentured servitude

great video, 🙏🏽 thank you

I really like your video editing keep it up.

Good luck brother be safe out there!

Don't listen to all the steering wheel holders that have never owned and never will own a truck.

Average hourly pay before taxes $14.70 (Based on 36 days on duty, divided by total net profit, divided by 11 hours worked per on duty shift)

This really puts things into perspective. I play american truck simulator with as realistic mods as possible and its almost spot on as to what your getting so thats awesome how close to irl it is

Nice explanation. Step-by-step. Regards

Ride that steed right onto the bankruptcy court steps… you’ll have plenty of company 😂

I never hit nothing in a couple years either, then just cruising in the darkness of a drop lot my trailer ripped off the radar sensor / grill of a company truck. Not turning, just cruising by straight in the dark. Woke that driver up out of a dead sleep 😂. We have the same model truck and honestly .40¢ - .45¢ cpm is average for me out west depending on weight.

those extra charges will end up killing you

It can be done. Just recently paid off my truck at CRST.

Don’t let all the naysayers wear you down. Stay focused on your own goals. 👍🏻👍🏻

I love the little truck map feature it’s different.7:29😬!

A lot of short trips, but I wish you good luck

Congratulations

Reach out to me when you start having peoblems. I drove for them for 9 years, leased two trucks, i have LOTS AND LOTS OF information available if and when you need it. Luckily, i had the resources to just purchase my truck out right but LOTS AND LOTS AND LOTS of pay issues.

I use to drive for a company that was acquired by Knight. FYI: if you stop at Albuquerque again, you have access to the Swift yard that is 2 miles or so away. As a Knight driver, you can park there. There is plenty of room, and you can just bobtail to Flying J to use their shower or enjoy town conveniences. Thanks for sharing all the content. That animation of the truck illustrating the routes you are driving is awesome. How are you doing that?

If you going business school you was get kickout for doing this type of deal.

You’re hauling some of the same loads as me to the same places. I’m out of the Indy terminal.

Man give Knight that truck back and go get a job driving a tanker as an owner operator.

I bought 2 from Knight with low miles an warranty.

Nice spreadsheet

So you bought yourself a job in the worst freight market since I started in 2008...Good luck with that, Really mean it driver. Good luck

I feel like those truck payments kill any real profit that could have been made… wouldn’t it be cheaper to find someone selling their truck and seller finance it?!

drove for aa lot of years i remember calling dispatch and telling them fuel was 1.50 a gallon and they told me get 50 and head south i was in new england your fuel costs are more than i grossed i know you cant imagine a fuel war where all the stations lowered the price 10 gallons to fill my vw was 2.50 25 cents a gallon how much of todays fuel is tax theyll never lower the tax its only going up tractors keep getting nicer but its the same grind as before get loaded and hit the road drop is 60 bucks that sucks tried to get as much drop and hook as i could some places you were there allday getting loaded there needs to be some sort of pay dealing with down time at these venndors.keep up the channel it lets everyone know what its like driving its so much more than driving

wow ,lucky you got a used truck ,i retired paid off my home and retired 2yrs ago

In 3months he be starvin.lots of short runs.my avg miles per load dry van is 1100.

Buckeye to Albuquerque is an easy 4 buck a mile run WTH

Keep updating us please

Don’t see how it can possibly be worth it to run for that. A couple of months ago that was company driver pay

Get your LLC do not operate as a sole proprietorship. If you do you might as well be a company driver

Those drive tires should last about 2 years. So divide 1988 by what ever you drive in two years. About 2 cents a mile. Check your batteries and shocks. Steer tires last about a year.

I can't say because I never saw what your other tires look like for sure but I feel like giving the time of year that we're at it was probably a good idea to go ahead and put brand new drives on anyway. I just hope they were not recap

Interesting video buddy 🤔 But it does seem like a lot of pay out dosh 💰 for little reward 🙄 See how it goes!! Take care 🏴󠁧󠁢󠁥󠁮󠁧󠁿

Do a video on how to do a spreadsheet w numbers app on iPhone

Industry driver success rate for lease purchase programs is around 3%. That means very few drivers actually end up owning the vehicle. The vast majority turn it in well before completion. This is purposely designed. The companies make much more money if the drivers fail because they can then lease it out to someone else. In the meantime the driver is basically paying the truck payment for the company, plus the company makes a profit from the drivers loads. The whole thing is a scam.

You look like a dispatcher undercover

After taxes and I work nine hours a day local driver I make that in five days

Great video bro… I was going to work for knight years ago,but you had to become a company driver for 6mths before you could lease a truck…. Is that still going on over there?

Don’t forget you still need to Deduct your federal and state income taxes (about 40%) plus an additional 15.6% self employment tax!

Maybe you could get a 5th wheel off of a parts trucks? Surely they keep some parts trucks around??

Let me know when you received the bill for the truck $ 450 a wk equal $1800 a month for a new one uh!!!!!

The fuel surcharge needs to be tracked for transparency. The rate changes daily so if you are getting the same thing frrom Phoenix to Indiana and back to Phoenix you are not really getting the 100% fuel surcharge the shipper is paying. The complete 100% fuel surcharge is to go to the truck. Not to be shared with the company and driver, or broker and driver. Many companies and brokers try to take a piece of this when they are to be. Please look into this as I'd like to see you succeed as a lease driver and to complete your lease so you will then have your own truck. Good Luck.

Do they control what tires your allowed to buy ? Or can you install the Michelin low rolling resistance tires ? Would they allow you to go to synthetic oil which equals lower churn and better fuel economy . Just going to the low resistance tires can save you 15000 in fuel costs a year . Also when you chose a lease truck do they allow you to take it to an independent mechanic to get checked out ? This should be interesting to watch but it’s convincing me to be thankful for my dedicated regional job so far .

I’m fixing to get into Trucking in January with CFI for my CDL training. I’m single no kids no bills except for my cell phone and will live in my Truck to stack my money…..I’m excited to get out on my own and travel the USA with OTR and get paid doing it…..What’s your opinion on my situation? I’m the type of person who likes to be on my own and if I decide to get a girl I can bring her out either way me, so I’m not one of these that has to have home time every week or two weeks….anyway glad I found your channel 👍

1st year is tough. You have to rely on tax write offs. But the 2nd year and the following are better. Less spending hopefully. Save money for that automatic and engine.

Hey Buddy, let's talk about your Net Profit Lease operator in a few months ???? I would like to see if you still in business ??????

Hey there ! Do some long term math. Calculate the average of what you have done with expenses in a few months and put it up against the average of those revenue rates. Do this for an estimated 3,4 or 5 year period . You’ll find those loads don’t pay enough per mile , which forces you to run miles to make your bills. Miles equals maintenance and wear on the truck. Look in truck paper what that truck is worth after you run up the miles , versus what you are paying for it. You got the fuel efficient rig which is a plus but over time the rates will eat the truck alive, and your fuel bill. You need to make more in a shorter amount of time. Mega carriers have lots of perky benefits from their size , but their rates just force one to wear out the equipment too fast while making the low end of the o/o spectrum. Plus, your life is spent always driving…Go to a place where you can dispatch yourself and work on percentage. You’ll get more flexibility to choose better loads for you. When you’re dispatched , someone else has the control of where and what you do. You have a lot of skin in the game . Carrier makes $$ no matter what rate you haul for. They don’t care if you go broke in time , someone just like you is waiting in orientation. Be careful… and best wishes on your quest !

Awesome. Just wondering - do you have an academic background?

Being in trucking since 2014, you are getting scammed with 1,77 a mile , our average is 2,28 that’s a big difference dude

how in the flyingfudge did you get in there wow must be one of the top 3 companies Hmmmmm

Zoan R? Is that like a muffler berring.

I have been known to make this much money, gross in a week,as a company driver. I've been saying it for years lease purchase is a rip-off.

If your trying to make that kind of money net . Come to J.B HUNT up in the northeast DCS .

Don't use Zonar for your GPS.

Yea used mine at giltner was brand new at 75 mph and 73 percent 100 percent fuel charge

Great video breakdown. Where did you get the spreadsheet from?

As a lease operator, they don’t know, what they don’t know. Basically paying rent to drive somebody else’s truck, with a load of restrictions to honor the lease.

where u get tha beats from tho? they pretty dope specially when u drivin

Does Knight put cab (spy) cam's in their trucks? I drove for Swift for about 4 years back in the mid 90's as a company driver (.25 cents PM) but spent more time sitting than running so got out of it. Always heard that knight trans was a better company. Hopefully now that they are one of the same they are better company's over all. Good luck to you in your new venture. Liked & sub'ed ya.

Try and save $125 to 250 a wéek separate from what you pay yourself

I feel like the lease program is predatory at best. Does knight have a owners program?

🤞

Do you get to log "personal time" which doesn't count against your "legal" driving log time? I know it varies from company to company; with TransAm you can; with CRST, you cannot log personal time.

Why didn't you buy another Volvo?They are nicer than the Freight Shakers.

This is what you call knight transportation recruiting

Hey I just now found the other spreadsheets. Maybe you can do another video and go over the YTD (year end) and then also talk in detail about the MRP account and its funciton etc...... Thanks Oh...and NICE TRUCK!! I bet it feels good to be your the Boss and OWNER!!!

How much after taxes?

Do you driver. Is this a lease purchase?

they have alot of those headlights sitting around if u give the mechanic a couple of dollars he will give you one, no biggie

Youre paying 1600 a month to lease a 60k truck? At a reasonable interest rate to BUY a truck of that cost it would be a fraction of that... for 4 years at 5 percent it's around 1400, For that new of a truck you could probably get a longer term than 4 years however... Seems you got bent over on that deal.

Guess if your desperate to own a new truck you don’t mine giving them most of your pay check makes no sense to me good luck hope it works out for you

That prewitt load was paper roles from the plant out there wasn’t it?

I made more as a company driver

I get 70% run 1800 mile got $3800

Shocking numbers..... Prior to deregulation, O/O's were getting over $1/mi..... 45 years ago! That's what? $7 adjusted for inflation.... About.... Let that simmer a bit in your head. When a new Trans Am was 6 grand and a house was 25.

You can make 2k a week as a Company driver and drive less miles

Please do a week 2,3, and 4. Do they take a percentage of each load? Last time I did a lease purchase, the company took 30% of each load.

Were those new drive tires recaps or new tires? If they are brand new tires, that was an extremely great price. Happy motoring, Bill

You’re making .49 cpm?

My buddy is company driver on the reefer side and makes 1500 a week 😂