Dont have time to watch today's video? On the go? Listen and download for Free@ anchor.fm/the-asian-mai-show/episodes/It-Took-Me-19-Years-To-Complete-Every-Lease-Program-In-Trucking-And-Im-Ready-To-Expose-The-Truth-epc0hm Call me@ Theasianmaishow.com
How about doing a video on truck drag racing? Go to a to a competition and do your thang? More for entertainment and curiosity than coming up.... just a suggestion....
Every driver, who is considering a lease should watch this video! This guy is a great resource. He’s a great example of a Blue-collar hard-working American man. Pays his bills, agrees to pay what he committed to pay by completing his leases and fulfilling his contracts. And then to share it with all of us whether it’s good bad or ugly. Thank you.
This man has knowledge, wisdom, and compassion for all drivers. “Hurts my heart that we work so hard out here and we getting ripped off”. Truer words have never been spoken.
Everyone thinks they work so hard and get ripped off. Its called unskilled labor. Im not judging or anything im a 10 yr veteran, now a paramedic. i dont make shit. maybe 40 grand a year.
@@chazarkansas1366 Same can be said for the military I suppose. You can sign up straight out of high school with no skills whatsoever. I know a few guys who left and have trucked, or are currently trucking.
@@chazarkansas1366 in my opinion, paramedics/EMTs are another profession that gets absolutely shafted paywise. Such a difficult and critical (lifesaving) job which requires certifications and should be well-paid.
I love this guy. He is the epitome of the hard working blue collar man. THIS is the backbone of our country. He is dishing out diamonds of wisdom. Listen and learn.
Blows my mind. Truckers need to unite to create our own employee owned companies. Why are there thousands of us unhappy making someone else rich when we could come together to benefit eachother. We are working backwards out here.
The only logical way this would happen is if we could find a group of billionaires who would fund every trucker in America and pay his wages while we boycott the industry, demanding increased wages until laws are put in. All of the country would suffer so i reckon it wouldn’t take long. Of course assuming each driver in America is paid 500$ a day it would cost 1.75 B per day to compensate us lol. I’d give it 3-4 days before America crumbles and drivers finally get what they want. Bezos could do it lol
He is 100% right when i was in school my trainer told me that a year ago . He say stay away from the lease program . Work hard and buy a truck and make your truck get their money. Companies tell you after a year you can lease a truck with them and I feel like they pushed you to join the lease program and of course all they want is $$$. Thank you to The asian mai show 👏🏻👏🏻
Yea I dont think I'll ever get into a lease. It sounds like BS. You take on all the risk for not much more than what a company driver will make. Nah I'm good. I'd rather grind it out, save my dough and buy my own truck.
A 99 FLD($15k-$20k) will make you as much money as a 2021 389($120,000+) Geez guys, buy a used truck, get it road ready and get your own authority. Oh and the pre emissions engines on them require maintenance and minor repairs, most issues you can get away with a bypass/quick fix til you get to your mechanic. Not like the new engines that leave you powerless over a stupid code.
Get your own authority and hope to make it your first year because of high insurance costs and most brokers wont work with new authorities so you will pull cheap freight most likely. If everyone goes out and gets their authority with 1 truck it just drives rates down more.
@@SkilledEddie there are so many ways around that, ways that brokers frown upon but if there’s someone whom I’m not empathic to, it’s brokers. It’s crazy how much truckers block themselves. I’m 27, own both my shitty money making FLD, and 2016 flatbed and am racking up. If you let ALL the possible downsides discourage you, you’ll never see what you can get out of it.
That's what I did. Bought my 1999 for $7K. .... She ain't the shiniest, prettiest but she gets loads delivered and I'm home as much as I want (or if bills demand it, then I turn the key on 😂)
The KEY and main idea of this video is “ READ and UNDERSTAND” the contract you are signing. Accepting the first truth so you can see the second truth. In any games and work places, watching out for false promise and false hope is also crucial!
Point is ..... Get about 5yrs exp Save $10k Go to teuck lot put $4k on truck down Pay weekly note no more then $400 Get your own authority Get your own insurance Lease a trailer And work the load boards And get some direct shipper customers Watch your money spending & overhead Stay on top of maintenance And GET TO WORK!!!!!....
@Sean 404 sean.. (my name is Sean also) reading is fundamental,, I replied and said OTR leasing,, I've gotten 2 from them last year.... and ive got 15yrs in the game, been there done that BEFORE with leasing your trucks onto BIG COMPANIES and it never works!!!! Its just like working for them.... get your own insurance and authority and you can do as you want when you want.......
@@Jimraynor45 check out JustTruckin. He went to CDL school and immediately after graduating bought a used truck, leased a trailer and used load boards. He still does but no longer leases his trailer. He bought one once his truck was paid off. He puts out nice videos, has a wonderful family and takes you along on his trips and shares his trucking experience, buying, leasing using load boards etc.
You are speaking the Gospel Truth. I wish would have known this back when I was 27 and leased my first and last truck for a carrier that was bought out by Swift. I sacrifice alot chasing that pipe dream wanted to buy the truck after my four year Lease . I was paying these jokers 4k a month in the lease and after I found out I have to drop an additional 60k to buy the truck, I was pissed. My marriage was over with because I stayed out thinking I was going to buy the truck and run local in Houston. But now I'm 38 now been in this game for 15 years now currently as a company driver. I made the decision if I wanted to buy a truck. I will buy it outright or finance Fuck a lease!! Great video!!!
So you didn’t read your contract and that’s the company’s fault? Every single lease purchase has a balloon payment at the end just a small amount of research would’ve told that. After 4 yrs you should’ve had a good amount saved up or you could’ve just had your bank finance the 60k after 4yrs running your business successfully you wouldn’t have had any trouble getting approved 🤷🏾
“Hard Hustle “ has a point about personal overhead!!! Leasing game requires research for sure!!!! Really wish there were more platforms out there to understand the different types of leasing!!!! Just another step to take in becoming a true owner operator 😎✌️
Everyone says lease programs are horrible. For MOST they are. Because just like he explains, most guys just jump in without any knowledge. They hear they can make more than a company driver, and are told they can go home whenever they want, and they’re hooked. Don’t read the lease contract. Don’t realize the truck payment still comes out when they go home for an entire week. Don’t realize they’re responsible for EVERYTHING on that truck. Don’t realize the actual costs of normal wear and tear issues like tires which aren’t cheap and you have 10 of them and two of those HAVE to be virgins. These guys just see dollar signs and throw the rest out the window.
The big problem is people come in not knowing anything about business don’t manage/budget their money and don’t know what it takes to run or repair their truck. Leasing does make the companies money and do rip us off with high interest and payments which is why you need to be smart with your money and stay out of debt. I was an owner op for almost 10 years with my own authority and failed. Went as a company car hauler for 5 years and now leased and doing way better after I’ve learned the hard way. Leasing is a good opportunity just takes a lot of hard work and dedication. I’m almost done and will own this truck.
And the number 1 reason they lease you a truck is so that they can write off 100% of the truck as a loss to the IRS. This was finally explained to me after 16 years of leasing. Now I own 3 trucks and none by a lease.
It doesn’t seem to matter who you interview, it always works. You’re a conversation guider and your people skills are good on point. I’m personally taking steps to grow my own fleet after being an o/o for the last 7 years. 2022 is my year. I’d love to be on the show one day. There’s a story behind every real o/o and you do a great job of getting it out of people. Keep doing what you’re doing, Motha Trucker!
I've leased for 7 years or so and I've never personally seen numbers like 300 and 66 net. I've always been done well financially and never had to live in a truck. I think it's about where you leased on at.
I'm a owner operator I make after paying for fuel from 4k to 7k a week I pay 1600 a month for my truck payment I can make 1800 a week a a company driver
@@aacc2216 easy 1. Slow the hell down 2. Chain up when required to do so 3. If you don’t feel safe or confident in your ability to make it to your destination shut the hell down
I always say this, use the lease purchase for a steppingstone. Use them, just like they use you. Get your money, and go purchase your own truck with 20% down.
Right! do you get more money leasing rather than working directly for the company as a n one lease ? Obviosly with the end goal to drop them...can you make more money doing it the way you said with your own benefit in mind first leasing ?
My husband doesn’t make over 1200 after taxes at the most after all the cost, and he has to be on the road more to get the truck paid more. He made the same amount working completely for other people. He had no worries. He loves it though. He is the one doing the job. As long as he loves it that is all that matters.💖
Leasing is for those who can not afford a loan, have a bad credit score, or want to do trucking in short term. It is a business and as a business, they have to make money. Everyone has to start from somewhere
I'm not a truck driver but I use to work on trucks, this guy is telling you the truth! It's in the business's best interest to lease, and let you have all the headaches and responsibilities if it wasn't beneficial to the company they would not do it, unless they just like losing money.
Wow yup, that's truth right there. I would love to see an extended interview with hard hustle about what he went through from beginning to where he's at today to kind of help us drivers to get to where he's at that's I think what we all want to do is have our own trucks and do our own thing it'd be great if we could hear his story 👍🚛
I've been driving going on 16 years. I purchased my truck cash 6 years aftet being on the road now my truck is parked at home and I'm working for a small 10 truck company on percentage bringing home between $1900 and $2800. Per week and I can take time off as I please when I please.
Good info. I tried leasing from Knight Intermodal division. Big mistake. Inexperienced port dispatchers burned a lot of hours. $4000 per week gross to be profitable. I left after 2 months. Until I can buy a truck on my own, I’m staying company. #drivesafe
THIS IS THE BEST INFORMATION, KNOWLEDGE, AND ADVICE I EVER HEARD.. IVE BEEN DRIVING FOR 13 YEARS. THANKS FOR THIS INTERVIEW.. #Mothatrucker #hardhustle
Actually quoting both if you don't know how to manage you money and learn how credit works. O.G is showing you what not to do. Overall leasing is a tool to get to the next level. Understanding your contracts, getting your money right and keep LOW overhead with a lot highway hustling and you'll be alright.
Same can be said for financing a truck. None of my acquaintances who were so called owner operators adequately explained to me what I would be getting into financing my first truck. I did ask them but they never really knew. And I regret it to this day. Truck financiers are JUST AS BAD.
@@amels4620 they act like financing still ain’t paying pimpin. Either way u don’t own the equipment out right and if you do god blesss that maintenance bill. Takes money to make money
I worked in corrections for over ten years before I got into truck driving. Why do I bring this up. After the first six months of the 8 1/2 years of driving, I found that I trust inmates more than truck drivers. Saying all that, this man is telling you the straight-shit. Leasing isn’t for the stupid and lazy. I owned my own truck for the last 3 1/2 years of my driving experience. Yes, I took an occasional vacation. But I ran my butt off to cover my overhead: fuel, tows, repairs, maintenance and expenditures. I’ve had lean times, making a few hundred a week to making 3-4K net a week... albeit rare. In those times where you make extra jingle, you don’t go out on a spending spree; you put money away EVERY WEEK for a rainy day. And there is always rain. Do your homework. This man is smart. He knows what he’s talking about.
66K is nothing for all the work you've put into it for a lease. You deserve so much better! The really big money is in leasing out to the innocent and sucking up all their sweat and effort. Better to own an older truck and gross 5K or more a week. Leasing you work hard and make less than 2K weekly. I'm so glad he is warning people.
@@seanwheat6114 Good on him for telling others that. I've had it drilled into my brain by several, long time truckers on YT. 🧠 They know their stuff and I like to listen to them.
@@jesussaves6510 Study for your cdl, the states booklet, practice tests thoroughly . Go to school preferably requiring 120-160 hrs. of study and driving time with a decent trainer; learning how to use maps, calculating things involving trucking, maneuvering, backing from blind side esp.; Get with a good company in your state after training. And as far as the $10K you say you have, save it. You'll need it later. Trust me.
@@jesussaves6510 Work for a company as a driver and learn the business for at LEAST 2 years to see how it goes., and learn to see what a real PROFIT is.
He make me wanna go harder sharing his testimony really helped me on my journey I listen to OG’s like this thank You for taking your time out to drop jewels 💯💯keep dropping fire The Asian Mai Show I appreciate it
He's spot on! I did lease maintenance at WTI and Lease Purchase. I made way more money under the lease maintenance program than I did for the lease purchase. Found a gig with a guy out of Mississippi. I was grossing in between $8k-$16k a week. Bringing home about $1,800-$3,000 a week. Then I was able to buy my first truck. I didn't make that kind of money in the lease truck. But like bro said, your gross be so high, so others it'll seem like you're making a lot of money. You are grossing and buying your company new trucks and equipment. But you're only bringing home anywhere between $35k-$65k a year.
Amazing info im glad u put it out there because alot of these lease drivers be thinking they doin something leasing the latest truck thats all they doong
All facts, I've least back in the day with Steven's, Trans AM, and a few companies in my first years of driving and the MOST I ever brought home was $1800.
@Chosen Destiny whenever you are a true owner operator vs a lease operator $6-5k is the average before fuel. I can make $1800 hauling fuel as a company driver and home often to daily.
Thanks. Great Video. Trucking is a great Job for some people. The money. Well. If there’s ever someone that can get drivers together That will BE a GREAT Start ALL TRUCKERS
In other words, for those that don’t understand,….you can’t have a lot of personal debt responsibilities to be able to afford the truck, and everything that else goes with that while have any quality of life. Don’t work for the truck, let the truck work for you! Save your money, put yourself in an equity situation at first, and you will have a better upper hand. There are enough things on the open road to prohibit success so don’t start off on the negative side.
Don’t get me wrong this brother has a lot of knowledge but the one thing that people may not understand is he’s talking about trying to buy out lease trucks. I don’t recommend trying to buy them out. Ride that lease and make that owner operator pay and walk away from that lease and go buy your own truck from the dealership from the money you saved up from the lease contract. Leverage the lease to use as a stepping stone. Just don’t plan on buying out the lease. This makes it win win for you and the company. The company is making money from the truck and your making owner operator money from the truck. Once you walk away with full pockets the company passes your old lease truck to another driver and restarts the process. Learn the game and know the game and then leverage the game to your favor.
Man good info I went with a 1 yr lease from SFI. Got Truck had 268k miles on it yes a ballon of 20k at end I’m doing my part working have that money. Saving personal and I was told that they will use my maintenance account at end also. My lease up July of 2021
I put my truck on with company call Greatwide. Not the beat diffenly not the worst company I started out booking my own loads. But when COVID hit I got a agent and she runs me good I have no complaints at this time
Trucking is one of the biggest scamming businesses out there even if you buy a new truck , its depreciating as soon as your out the dealership plus all the maintenance costs. The only guys that really enjoyed it was the older trucks without all the bs sensors
Im sitting in the truck right now, i am going through it with my wife, miss my kids a whole lot, if i didn’t have a trucking job idk what i would be doing, depression is crazy
Don't know if you see Hard Hustle alot but you need to do some more videos with this man. He'll explain I made $301,000 gross but only brought home $66,000. He tells the good and bad. We need a Hard Hustle video series!!!
Wtf, I never knew the inside of a semi truck looks like a damn spaceship! Cool job, I dont know if I would have the skill or be able to handle the stress. I am on track to earn my MSN for nursing but this job would certainly be worth looking into.
@@20jallow more than that money can’t buy my life back I lost doing this ,, trust me I’m not complaining about the money more of the time I lost being young behind the wheel
@@damcii4944 I agree with you. I’ve only been in trucking for two years. There’s money to be made but all the BS you have to deal with and the amount of time away from home. I told myself this year I will make money, save it, and invest elsewhere.
You’ll be lucky if the truck your driving looks like that. That truck is well taken care of from an owner who cares. Most of the time the gauges don’t even work.
He's a 100% right I lost my first truck due to engine problems had to start all over with leasing and I made it work in the end I end up getting a brand new engine new transmission install no cost to me because the dealer didn't do the work right and I made it to the end and when it came time to get my title the company was actually disappointed that I got my title they want you to stay in debt.
I leased exactly 1 truck and it damn near drove me out of trucking altogether. I was getting paid, before taxes, about $500 every two weeks. After 6 months, I was done. Now, I have a company spot that pays me 4 digits, after taxes, every week, and I'm home every night. I've never been happier in a job, I've never made more money in my life.
Well I am leasing my truck through a reputable tanker company and I been leasing for 3 years. And this will be my second year that I net over $133k this year.
07:00 every time I did the math looking at leases this was the absolute truth, never made sense to me to lease with big risks (truck breakdown / tires), then just be a company driver.
Real-time information is available, to make an educated decision on the company you want to work for, or with. Most companies do NOT want you to be ‘aware’. I loved driving truck. But, my father-in-law said, ‘my daughter will not be married to a truck driver’. He was a police officer, and, I said, ‘well, Jim, I’m in my 30s, no academy will take me’. Unfortunately, he knew people. I made less money being a police officer than as a truck driver. Now, I’m retired, watching truck driver videos.
Hard Hustle, you worked your ass off to get where you are today. If clowns don't want to take advantage of the information you're sharing the fools deserve what they get. I enjoyed your interview.
For 1st time owner ops, start with a used truck 1st than later buy new if you wish, new trucks arent going anywhere so what's the rush to get the latest when it will lose most of it's value after 4 years.... When you do have ur $ together consider an aerodynamic pre emissions truck that's 2007 and older with a manual. This combination usually equals the lowest cost of operation due to no DEF and not having to repair an automatic trans. Freightliner Columbia's and centuries usually fit this mold along with early Volvo VNL's, Pete 387, KW T2000 to name a few. If ur truck must be ELD compliant consider a truck year 2000 or newer with a 6 or 9 pin portal. Research ur engines, oils, fuels, rear end set ups, and historic problems your potential truck has.
Hard hustle must respect brotha 👍🏽... You make a lot of good points, although it does depend what lane your in as well? Flat bedding, car hauling, hazardous.. lease programs pay way different
And these companies don't have to pay workman's comp, match F.I.C.A., health insurance, flat tires and certain maintenance not covered by the warranty, less work for their secretaries, and on and on and on!!!
Thanks, My Man!! I've been driving for UPS roughly going on a year. I have been asking around trying to completely understand how other trucking companies work because we are on a completely different system. Every time I tell someone who I work for their tone changes. I ask for a number of reasons. 1. I shouldn't be working in a field without understanding the ins and outs of the business outside of my bubble. 2. We have had co-workers quit based on these half-truths mentioned by other drivers.
This guy is smart, he thrives on being and knowing. He enjoys playing the game, it motivates him to use his mind. I bet he's got a lovely wife, home and children. When you know what you want, you stay on track because there are so many people who only want what you have and this guy understands the way to stay ahead of the game. I like that he actually reads the contract. It's the tool he figured out how to use. There are many ways. Figure out what you're good at and what you want and how to get it and how to keep it.
I really appreciate his truth, I remember when I was trucking in 2007 and leased with a major company, I was making $27k a month, at $.89 a mile I averaged $1100 a week, though with a second seat, my truck payment was $900 a week, plus other expenses, I didn't complain, I was fresh out of school, I appreciated the opportunity, he is right you have to stay out there, because you have weekly payments. Thank you for this video.
Dont have time to watch today's video? On the go? Listen and download for Free@ anchor.fm/the-asian-mai-show/episodes/It-Took-Me-19-Years-To-Complete-Every-Lease-Program-In-Trucking-And-Im-Ready-To-Expose-The-Truth-epc0hm
Call me@ Theasianmaishow.com
I have a question hot do owner operator s get paid ? Do you get paid after you drop off your loads?
How about doing a video on truck drag racing? Go to a to a competition and do your thang? More for entertainment and curiosity than coming up.... just a suggestion....
@@richardlira3895 There are other channels for that nonsense
This video is the truth
Wish I would of heard this video when I started trucking . This guy is the truth...
Every driver, who is considering a lease should watch this video! This guy is a great resource. He’s a great example of a Blue-collar hard-working American man. Pays his bills, agrees to pay what he committed to pay by completing his leases and fulfilling his contracts. And then to share it with all of us whether it’s good bad or ugly. Thank you.
This man has knowledge, wisdom, and compassion for all drivers. “Hurts my heart that we work so hard out here and we getting ripped off”. Truer words have never been spoken.
Everyone thinks they work so hard and get ripped off. Its called unskilled labor. Im not judging or anything im a 10 yr veteran, now a paramedic. i dont make shit. maybe 40 grand a year.
@@chazarkansas1366 Same can be said for the military I suppose. You can sign up straight out of high school with no skills whatsoever. I know a few guys who left and have trucked, or are currently trucking.
@@jasonbeardguy1441 thats what i meant by im a veteran/ paramedic = unskilled labor.
@@chazarkansas1366 nah. U need skills to operate a rig
@@chazarkansas1366 in my opinion, paramedics/EMTs are another profession that gets absolutely shafted paywise. Such a difficult and critical (lifesaving) job which requires certifications and should be well-paid.
I love this guy. He is the epitome of the hard working blue collar man. THIS is the backbone of our country. He is dishing out diamonds of wisdom. Listen and learn.
Hard hustle is the real deal
So much respect for this man
Blows my mind. Truckers need to unite to create our own employee owned companies. Why are there thousands of us unhappy making someone else rich when we could come together to benefit eachother. We are working backwards out here.
Try having this conversation with 10 random truckers and you’ll see.
@@tommiriquelmiperez4738 we can get our own customers as a group and weed out the brokers.
The only logical way this would happen is if we could find a group of billionaires who would fund every trucker in America and pay his wages while we boycott the industry, demanding increased wages until laws are put in. All of the country would suffer so i reckon it wouldn’t take long. Of course assuming each driver in America is paid 500$ a day it would cost 1.75 B per day to compensate us lol. I’d give it 3-4 days before America crumbles and drivers finally get what they want. Bezos could do it lol
@@ICYPROFITS You are so right networking is a powerful tool when used correctly.
@@ICYPROFITS maybe before we unite for that how about we unite to stop piss bottles and shitbags first and see how well that goes
He is 100% right when i was in school my trainer told me that a year ago . He say stay away from the lease program . Work hard and buy a truck and make your truck get their money. Companies tell you after a year you can lease a truck with them and I feel like they pushed you to join the lease program and of course all they want is $$$. Thank you to The asian mai show 👏🏻👏🏻
Yea I dont think I'll ever get into a lease. It sounds like BS. You take on all the risk for not much more than what a company driver will make. Nah I'm good. I'd rather grind it out, save my dough and buy my own truck.
Riight...We the future of trucking and what Big homie jus showed us is some straight BS
Thats exactly what you are. A company driver paying all the bills.
@@geraldbraxton8709 and taking all the risks, don’t forget that!
Just a stepping stone
Wise decision.
It's the truth.. and I've been driving for 24yrs . Fortunately for me I bought a use truck and work my way up to a new truck. Keep it real 💯
A 99 FLD($15k-$20k) will make you as much money as a 2021 389($120,000+) Geez guys, buy a used truck, get it road ready and get your own authority. Oh and the pre emissions engines on them require maintenance and minor repairs, most issues you can get away with a bypass/quick fix til you get to your mechanic. Not like the new engines that leave you powerless over a stupid code.
Get your own authority and hope to make it your first year because of high insurance costs and most brokers wont work with new authorities so you will pull cheap freight most likely. If everyone goes out and gets their authority with 1 truck it just drives rates down more.
@@SkilledEddie there are so many ways around that, ways that brokers frown upon but if there’s someone whom I’m not empathic to, it’s brokers. It’s crazy how much truckers block themselves. I’m 27, own both my shitty money making FLD, and 2016 flatbed and am racking up. If you let ALL the possible downsides discourage you, you’ll never see what you can get out of it.
That's what I did. Bought my 1999 for $7K. .... She ain't the shiniest, prettiest but she gets loads delivered and I'm home as much as I want (or if bills demand it, then I turn the key on 😂)
The new drivers that buy brand new trucks and then put a bunch of lights and bling on the trucks crack me up.. no knowledge
We're talking lease not buying. You're not getting a 99 fdl lease
The KEY and main idea of this video is “ READ and UNDERSTAND” the contract you are signing. Accepting the first truth so you can see the second truth. In any games and work places, watching out for false promise and false hope is also crucial!
IT IS ALWAYS A BAD IDEA TO LEASE A TRUCK FROM THE SAME COMPANY YOU DEPEND ON FOR YOUR REVENUE. End of story.
Modern day share cropping
Point is .....
Get about 5yrs exp
Save $10k
Go to teuck lot put $4k on truck down
Pay weekly note no more then $400
Get your own authority
Get your own insurance
Lease a trailer
And work the load boards
And get some direct shipper customers
Watch your money spending & overhead
Stay on top of maintenance
And GET TO WORK!!!!!....
@Sean 404 I said $4k down ..... OTR leasing, I have gotten 2 from them over past 2yrs....
@Sean 404 sean.. (my name is Sean also) reading is fundamental,, I replied and said OTR leasing,, I've gotten 2 from them last year.... and ive got 15yrs in the game, been there done that BEFORE with leasing your trucks onto BIG COMPANIES and it never works!!!! Its just like working for them.... get your own insurance and authority and you can do as you want when you want.......
The last sentence is KEY!!! These cats don’t wanna go hard in the paint
Why wait for 5 years experience, why not sooner?
@@Jimraynor45 check out
JustTruckin. He went to CDL school and immediately after graduating bought a used truck, leased a trailer and used load boards. He still does but no longer leases his trailer. He bought one once his truck was paid off. He puts out nice videos, has a wonderful family and takes you along on his trips and shares his trucking experience, buying, leasing using load boards etc.
You are speaking the Gospel Truth. I wish would have known this back when I was 27 and leased my first and last truck for a carrier that was bought out by Swift. I sacrifice alot chasing that pipe dream wanted to buy the truck after my four year
Lease . I was paying these jokers 4k a month in the lease and after I found out I have to drop an additional 60k to buy the truck, I was pissed. My marriage was over with because I stayed out thinking I was going to buy the truck and run local in Houston. But now I'm 38 now been in this game for 15 years now currently as a company driver. I made the decision if I wanted to buy a truck. I will buy it outright or finance Fuck a lease!! Great video!!!
Facts!
So you didn’t read your contract and that’s the company’s fault? Every single lease purchase has a balloon payment at the end just a small amount of research would’ve told that. After 4 yrs you should’ve had a good amount saved up or you could’ve just had your bank finance the 60k after 4yrs running your business successfully you wouldn’t have had any trouble getting approved 🤷🏾
You got hit with the ballon payment that's one of the worst man that's bogus af when they know you have family/kids to take care of💯💯💯
Now this is the realest guy you’ve had on here...
“Hard Hustle “ has a point about personal overhead!!! Leasing game requires research for sure!!!! Really wish there were more platforms out there to understand the different types of leasing!!!! Just another step to take in becoming a true owner operator 😎✌️
First man on the internet speaking facts
Truth. He should have his own channel.
Everyone says lease programs are horrible. For MOST they are. Because just like he explains, most guys just jump in without any knowledge. They hear they can make more than a company driver, and are told they can go home whenever they want, and they’re hooked. Don’t read the lease contract. Don’t realize the truck payment still comes out when they go home for an entire week. Don’t realize they’re responsible for EVERYTHING on that truck. Don’t realize the actual costs of normal wear and tear issues like tires which aren’t cheap and you have 10 of them and two of those HAVE to be virgins. These guys just see dollar signs and throw the rest out the window.
Yup...them cameras do easedrop!!! Even your company given tablet for your runshave 2 cameras...😌 this guy is speaking truth
The big problem is people come in not knowing anything about business don’t manage/budget their money and don’t know what it takes to run or repair their truck. Leasing does make the companies money and do rip us off with high interest and payments which is why you need to be smart with your money and stay out of debt. I was an owner op for almost 10 years with my own authority and failed. Went as a company car hauler for 5 years and now leased and doing way better after I’ve learned the hard way. Leasing is a good opportunity just takes a lot of hard work and dedication. I’m almost done and will own this truck.
Simp lol
@@keithmo80 👈🏼troll
@@user-zt6bt8dp2c true lol
Big Baller Car Hauler
congrats!! give us an update when you're done with the program.
are you leasing from your company or a third party?
And the number 1 reason they lease you a truck is so that they can write off 100% of the truck as a loss to the IRS. This was finally explained to me after 16 years of leasing. Now I own 3 trucks and none by a lease.
Leasing sounds crazy when its contactors for UPS or fed ex that will pay you just as much . Without all the heart ache of leasing.
I love this guy. Salt of the earth. God bless you, driver. Stay safe out there ❤️
It doesn’t seem to matter who you interview, it always works. You’re a conversation guider and your people skills are good on point. I’m personally taking steps to grow my own fleet after being an o/o for the last 7 years. 2022 is my year. I’d love to be on the show one day. There’s a story behind every real o/o and you do a great job of getting it out of people. Keep doing what you’re doing, Motha Trucker!
I've leased for 7 years or so and I've never personally seen numbers like 300 and 66 net. I've always been done well financially and never had to live in a truck. I think it's about where you leased on at.
Who you with Ja Ri x?
Who are you with?
Respect to the brother....beautiful truck and takes pride in his career and business.. god bless
I'm a owner operator I make after paying for fuel from 4k to 7k a week I pay 1600 a month for my truck payment I can make 1800 a week a a company driver
Do you drive in Washington idaho Colorado and Utah? How do you not crash on iced out roads
Damn! Any tips? Lol
@@aacc2216 easy
1. Slow the hell down
2. Chain up when required to do so
3. If you don’t feel safe or confident in your ability to make it to your destination shut the hell down
@@RandySoWavvy pretty much
@@RandySoWavvy 😂😂😂 right it’s common sense if you unsure or scared get off the road. 20-plus years of driving on ice.
Priceless info!
This is man is fucking right for everything he said
I always say this, use the lease purchase for a steppingstone. Use them, just like they use you. Get your money, and go purchase your own truck with 20% down.
That’s what I say, just build the money and then go buy a truck cash or 20% down. And be set as a owner operator
When you say 20% down do you mean finance ?
I'm not good with finance terms sorry
The exact point I feel like all these anti lease people are missing!!
Right! do you get more money leasing rather than working directly for the company as a n one lease ? Obviosly with the end goal to drop them...can you make more money doing it the way you said with your own benefit in mind first leasing ?
My husband doesn’t make over 1200 after taxes at the most after all the cost, and he has to be on the road more to get the truck paid more. He made the same amount working completely for other people. He had no worries. He loves it though. He is the one doing the job. As long as he loves it that is all that matters.💖
Leasing is for those who can not afford a loan, have a bad credit score, or want to do trucking in short term. It is a business and as a business, they have to make money. Everyone has to start from somewhere
I'm not a truck driver but I use to work on trucks, this guy is telling you the truth! It's in the business's best interest to lease, and let you have all the headaches and responsibilities if it wasn't beneficial to the company they would not do it, unless they just like losing money.
Wow yup, that's truth right there. I would love to see an extended interview with hard hustle about what he went through from beginning to where he's at today to kind of help us drivers to get to where he's at that's I think what we all want to do is have our own trucks and do our own thing it'd be great if we could hear his story 👍🚛
Thank you both!
Thank you Mai for giving Hard Hustle a platform you educate us 💪🏾🙏🏾
Wow, really appreciate this incite. I'm older and a new driver. I literally don't have the time to keep going through the school of hard knocks.
Man you do the most excellent interviews I've ever seen 🚛🚛
I've been driving going on 16 years. I purchased my truck cash 6 years aftet being on the road now my truck is parked at home and I'm working for a small 10 truck company on percentage bringing home between $1900 and $2800. Per week and I can take time off as I please when I please.
Great video!!!!. Old school driver dropping Jewels. Stay safe OG thank you.
Good info. I tried leasing from Knight Intermodal division. Big mistake. Inexperienced port dispatchers burned a lot of hours. $4000 per week gross to be profitable. I left after 2 months. Until I can buy a truck on my own, I’m staying company. #drivesafe
You did right. Fk them damn cans. Waist of good time.
Get at me i can hook you up with a good used truck and trailer for a really good price
@@juniordavis168 how much you talking about? Estimates?
THIS IS THE BEST INFORMATION, KNOWLEDGE, AND ADVICE I EVER HEARD.. IVE BEEN DRIVING FOR 13 YEARS. THANKS FOR THIS INTERVIEW.. #Mothatrucker #hardhustle
Never ever lease. You’ll become a slave who pays a fortune for your own chains.
Actually what you quoted is a company driver!
Actually quoting both if you don't know how to manage you money and learn how credit works. O.G is showing you what not to do. Overall leasing is a tool to get to the next level. Understanding your contracts, getting your money right and keep LOW overhead with a lot highway hustling and you'll be alright.
Same can be said for financing a truck. None of my acquaintances who were so called owner operators adequately explained to me what I would be getting into financing my first truck. I did ask them but they never really knew. And I regret it to this day. Truck financiers are JUST AS BAD.
@@amels4620 they act like financing still ain’t paying pimpin. Either way u don’t own the equipment out right and if you do god blesss that maintenance bill. Takes money to make money
I worked in corrections for over ten years before I got into truck driving. Why do I bring this up. After the first six months of the 8 1/2 years of driving, I found that I trust inmates more than truck drivers.
Saying all that, this man is telling you the straight-shit. Leasing isn’t for the stupid and lazy.
I owned my own truck for the last 3 1/2 years of my driving experience. Yes, I took an occasional vacation. But I ran my butt off to cover my overhead: fuel, tows, repairs, maintenance and expenditures. I’ve had lean times, making a few hundred a week to making 3-4K net a week... albeit rare. In those times where you make extra jingle, you don’t go out on a spending spree; you put money away EVERY WEEK for a rainy day. And there is always rain.
Do your homework. This man is smart. He knows what he’s talking about.
66K is nothing for all the work you've put into it for a lease. You deserve so much better!
The really big money is in leasing out to the innocent and sucking up all their sweat and effort. Better to own an older truck and gross 5K or more a week. Leasing you work hard and make less than 2K weekly. I'm so glad he is warning people.
That's something CZcamsr Socal Said
@@seanwheat6114 Good on him for telling others that. I've had it drilled into my brain by several, long time truckers on YT. 🧠 They know their stuff and I like to listen to them.
What do recommend for someone completely broke wanting a career in trucking , starting with 10k or less. How do I get put into a truck to make money.
@@jesussaves6510 Study for your cdl, the states booklet, practice tests thoroughly . Go to school preferably requiring 120-160 hrs. of study and driving time with a decent trainer; learning how to use maps, calculating things involving trucking, maneuvering, backing from blind side esp.; Get with a good company in your state after training. And as far as the $10K you say you have, save it. You'll need it later. Trust me.
@@jesussaves6510
Work for a company as a driver and learn the business for at LEAST 2 years to see how it goes., and learn to see what a real PROFIT is.
He make me wanna go harder sharing his testimony really helped me on my journey I listen to OG’s like this thank You for taking your time out to drop jewels 💯💯keep dropping fire The Asian Mai Show I appreciate it
I have told so many drivers this info, but they won’t listen. God bless you brother. 🙏🏾
He's spot on! I did lease maintenance at WTI and Lease Purchase. I made way more money under the lease maintenance program than I did for the lease purchase. Found a gig with a guy out of Mississippi. I was grossing in between $8k-$16k a week. Bringing home about $1,800-$3,000 a week. Then I was able to buy my first truck. I didn't make that kind of money in the lease truck. But like bro said, your gross be so high, so others it'll seem like you're making a lot of money. You are grossing and buying your company new trucks and equipment. But you're only bringing home anywhere between $35k-$65k a year.
Amazing info im glad u put it out there because alot of these lease drivers be thinking they doin something leasing the latest truck thats all they doong
you did it, you got to that next level, the american dream
All facts, I've least back in the day with Steven's, Trans AM, and a few companies in my first years of driving and the MOST I ever brought home was $1800.
@Chosen Destiny whenever you are a true owner operator vs a lease operator $6-5k is the average before fuel. I can make $1800 hauling fuel as a company driver and home often to daily.
Thanks. Great Video. Trucking is a great Job for some people. The money. Well. If there’s ever someone that can get drivers together That will BE a GREAT Start ALL TRUCKERS
Hard Hustle hats off Sir!!!!
In other words, for those that don’t understand,….you can’t have a lot of personal debt responsibilities to be able to afford the truck, and everything that else goes with that while have any quality of life. Don’t work for the truck, let the truck work for you! Save your money, put yourself in an equity situation at first, and you will have a better upper hand. There are enough things on the open road to prohibit success so don’t start off on the negative side.
Don’t get me wrong this brother has a lot of knowledge but the one thing that people may not understand is he’s talking about trying to buy out lease trucks. I don’t recommend trying to buy them out. Ride that lease and make that owner operator pay and walk away from that lease and go buy your own truck from the dealership from the money you saved up from the lease contract. Leverage the lease to use as a stepping stone. Just don’t plan on buying out the lease. This makes it win win for you and the company. The company is making money from the truck and your making owner operator money from the truck. Once you walk away with full pockets the company passes your old lease truck to another driver and restarts the process. Learn the game and know the game and then leverage the game to your favor.
Man good info I went with a 1 yr lease from SFI. Got Truck had 268k miles on it yes a ballon of 20k at end I’m doing my part working have that money. Saving personal and I was told that they will use my maintenance account at end also. My lease up July of 2021
I put my truck on with company call Greatwide. Not the beat diffenly not the worst company I started out booking my own loads. But when COVID hit I got a agent and she runs me good I have no complaints at this time
I think short term lease on cheaper truck is best option. Im doing a similar deal.
End up owning it??
He’s telling the truth
Trucking is one of the biggest scamming businesses out there even if you buy a new truck , its depreciating as soon as your out the dealership plus all the maintenance costs. The only guys that really enjoyed it was the older trucks without all the bs sensors
Glider life baby
Not really a scam, you can get factory warranty and they will fix most things free. 2019 Cascadia 320K miles and has only had a few minor things done.
Thanks for the information it’s very helpful.
Brother
Thank You for
The Truth.
You are a God Sent
For New Drivers.
Take Care&Godspeed!
Alex!!! Living it large in the lease truck...
Alex living it large with VL , from chuco town. But the DEVIL IS JUST AROUND THE CORNER.
I’m not a trucker but he kept me interested about this industry. Thank you 🙏🏾 !
Hi thanks for your interest in our world. 👋🏽
Im sitting in the truck right now, i am going through it with my wife, miss my kids a whole lot, if i didn’t have a trucking job idk what i would be doing, depression is crazy
Hope things turned around for you with your fam. I know it ain’t easy but keep grinding bro
I feel ya! I had to come back home. Kids almost grown now so I'll be back tho. (With the wife) lol
My dad always told me ain’t to much in life free 🧐
He's right, nothing is free, we even pay for damn air!
🤣🤣
This man speaks all facts! You have to pay attention to the numbers and learn how to maximize your own operation and minimize your expense (overhead)
Does Hard Hustle have a channel? We need more of that knowledge!!!
Wow, everything he is saying is 100 percent truth. Please take heed to his message. I had to learn the hard way.
If I can’t get my own truck outright I do plan to lease op. Thank you for the knowledge brother.
Im have been following of your show for a while already and i just subscribed to it i love man good job bro
Most contracts are designed against you.
All lease contracts are not in your favor..lol
Not most, all lease contracts are designed by company owners and lawyers to come out ahead, and drivers are just tools in the owners eyes.
I knew not to get a lease straight out of trucking school. Thank god I went to community college in truck driving
Blessed is he who plants trees under whose shade he will never sit.
Learned experiences is the life. But I always try my best to meet those guys face to face and by book. My respect ✊🏽
Don't know if you see Hard Hustle alot but you need to do some more videos with this man. He'll explain I made $301,000 gross but only brought home $66,000. He tells the good and bad. We need a Hard Hustle video series!!!
Wtf, I never knew the inside of a semi truck looks like a damn spaceship! Cool job, I dont know if I would have the skill or be able to handle the stress. I am on track to earn my MSN for nursing but this job would certainly be worth looking into.
Stay the fuck away from trucking it’s nothing like it’s used to be,, 20 year and regret every day of it!! Owner op from day one ,,,
@@damcii4944 You did something wrong on the way then. There are very successful truck drivers out there.
@@20jallow more than that money can’t buy my life back I lost doing this ,, trust me I’m not complaining about the money more of the time I lost being young behind the wheel
@@damcii4944 I agree with you. I’ve only been in trucking for two years. There’s money to be made but all the BS you have to deal with and the amount of time away from home. I told myself this year I will make money, save it, and invest elsewhere.
You’ll be lucky if the truck your driving looks like that. That truck is well taken care of from an owner who cares. Most of the time the gauges don’t even work.
He's a 100% right I lost my first truck due to engine problems had to start all over with leasing and I made it work in the end I end up getting a brand new engine new transmission install no cost to me because the dealer didn't do the work right and I made it to the end and when it came time to get my title the company was actually disappointed that I got my title they want you to stay in debt.
Dang
They're vulture 😢
I leased exactly 1 truck and it damn near drove me out of trucking altogether. I was getting paid, before taxes, about $500 every two weeks. After 6 months, I was done.
Now, I have a company spot that pays me 4 digits, after taxes, every week, and I'm home every night. I've never been happier in a job, I've never made more money in my life.
I'm enjoying Hard Hustle's story/info, 100%!
Never lease a truck from the mouth that feeds you!
Real informative as usual, thank you!!
Well I am leasing my truck through a reputable tanker company and I been leasing for 3 years. And this will be my second year that I net over $133k this year.
I know guys who have purchased trucks through lease programs BUT NOT WITH BIG COMPANIES and have successfully completed them in 3 years !!
07:00 every time I did the math looking at leases this was the absolute truth, never made sense to me to lease with big risks (truck breakdown / tires), then just be a company driver.
Real-time information is available, to make an educated decision on the company you want to work for, or with.
Most companies do NOT want you to be ‘aware’. I loved driving truck. But, my father-in-law said, ‘my daughter will not be married to a truck driver’. He was a police officer, and, I said, ‘well, Jim, I’m in my 30s, no academy will take me’. Unfortunately, he knew people.
I made less money being a police officer than as a truck driver. Now, I’m retired, watching truck driver videos.
Thank y’all both ! For the platform and the great advice
Hard Hustle, you worked your ass off to get where you are today.
If clowns don't want to take advantage of the information you're sharing the fools deserve what they get. I enjoyed your interview.
For 1st time owner ops, start with a used truck 1st than later buy new if you wish, new trucks arent going anywhere so what's the rush to get the latest when it will lose most of it's value after 4 years.... When you do have ur $ together consider an aerodynamic pre emissions truck that's 2007 and older with a manual. This combination usually equals the lowest cost of operation due to no DEF and not having to repair an automatic trans. Freightliner Columbia's and centuries usually fit this mold along with early Volvo VNL's, Pete 387, KW T2000 to name a few. If ur truck must be ELD compliant consider a truck year 2000 or newer with a 6 or 9 pin portal. Research ur engines, oils, fuels, rear end set ups, and historic problems your potential truck has.
Thank you i be tryna tell them boyz
Good information thanks
Hard hustle must respect brotha 👍🏽... You make a lot of good points, although it does depend what lane your in as well? Flat bedding, car hauling, hazardous.. lease programs pay way different
Everything you say is true. Thanks for the video. Keep up the good work Mutha Truckers!
Thank you brother. I like this brother. My man. Looking good in those sunglasses.
And these companies don't have to pay workman's comp, match F.I.C.A., health insurance, flat tires and certain maintenance not covered by the warranty, less work for their secretaries, and on and on and on!!!
Thanks, My Man!!
I've been driving for UPS roughly going on a year. I have been asking around trying to completely understand how other trucking companies work because we are on a completely different system. Every time I tell someone who I work for their tone changes.
I ask for a number of reasons. 1. I shouldn't be working in a field without understanding the ins and outs of the business outside of my bubble. 2. We have had co-workers quit based on these half-truths mentioned by other drivers.
You have to love trucking more than making a lot of money until you learn the game...But best believe you gonna pay for your learning.
This guy is smart, he thrives on being and knowing. He enjoys playing the game, it motivates him to use his mind. I bet he's got a lovely wife, home and children. When you know what you want, you stay on track because there are so many people who only want what you have and this guy understands the way to stay ahead of the game. I like that he actually reads the contract. It's the tool he figured out how to use. There are many ways. Figure out what you're good at and what you want and how to get it and how to keep it.
Thank you for the wealth of wisdom and knowledge.
walkaway lease means you better walk away now
DAAAAAAAMNNNNN!!!!!!! Thank you OG! I’m supposed to leave Wednesday to pick up a lease truck. Iunoooo now
Love the Content my Brother! Be safe on these roads
I really appreciate his truth, I remember when I was trucking in 2007 and leased with a major company, I was making $27k a month, at $.89 a mile I averaged $1100 a week, though with a second seat, my truck payment was $900 a week, plus other expenses, I didn't complain, I was fresh out of school, I appreciated the opportunity, he is right you have to stay out there, because you have weekly payments.
Thank you for this video.
Sounds like stevens lol
Thank you my Brother for this Information I really appreciated this..🙏🏾🙏🏾💯👊🏾👊🏾✊🏾