*Prime Inc* Semi-Truck Leasing Cost Breakdown 👏💰

This video is a breakdown of all the fee’s Prime Inc charges lease operator drivers!

[UfoSal]

I like the $70 APU charge refunded back! The APU only worked for 1 week. I drive for Prime on a Refer for 1 year 6 months now, and my lease ends on February 8, 2023, with a bonus of $7-$10K paid in 10 days after detail shop inspects truck in full. Abacus tax service told me I made $308, 000 for 2022 and I need to pay the IRS $23, 000 but they are going to get all my expense report from me along with my Prime settlement.

[Cedes]

I wish you went a little more in depth on also things like who paying for the fuel, maintenance, and on avg how much the loads usually pay,

[TopHour]

Thanks Bro you are really good at explaining things... maybe later on you can interview truckers you seem like a good intervieer

[jairbrizolla]

Congratulations for the work and talent. Success!!!

[TRKG]

This just helped me so much wit da knowledge I been obtaining and reflecting on for lease op

[joehilton]

Thanks again for the info. Can you explain or do a video on what cost a lease operator is expected to cover as far as maintenance and any other non fixed cost. Such as tires, brakes, PM's, etc. As I understand it the trucks they lease are all under manufacturer warranty so if anything major breaks it's covered?

[ricowilliams]

Rex you broke it All the way down Brother 💯

[joemahoca]

Thanks for the breakdown found it very helpful

[seanhobbs]

Appreciate the time you took out to make this video im in the process of getting my cdl and going to prime im really wanting to do lease is the 993 for a new truck and is it worth it in your opinion

[joehilton]

Great info. Thank you. Can you tell us what a tanker lease driver averages per week in gross revenue and also what your fuel cost averages per week. Thanks.

[mellymel]

Is prime still doing the lease program? I was informed that the program was on hold.

[joemahoca]

Want to compare prime lease to swift lease Seeing that 1 is reefer and other is dry Box freight

[seanhaywood]

good video, just a question I see that the truck insurance costs was left out. can you please tell us what that is per week as well thank you

[JeffreyCrowther]

You pay more at prime for a stripped truck i got a custom truck what your truck payment and all the things needed

[wmgthilgen]

Any and all of which are deductable, assuming you make sufficent funds by actaually putting in the time and effort driving. Serious driver's realize that they don't have the ability to go home every night, once a week for a couple of days and or even once a month taking a week somewhere off just to get away from it.

If and when on is or consider's them selves to be in bussiness, it's a 24/7/365 day job. Any thing less can be consider and often is by the IRS to be a hobby. Which then makes any and all of those various fee's, fuel, dining at resturants etc. No longer deductable. Which lead's to one simply creating a job for themselves rather than be employed by someone else.

[CuriousH]

What about insurance cost on the truck? Is that included in a truck charges? Also what’s the cargo and liability insurance cost plus trailer?

[rodleithner]

? What is the average $ per mile your cut to the truck. The reason I ask is from Prime they said it was about 1700-1900 mi per week for solo tanker driver. I can't see how company drivers make much more than $900.00 a week. As a lease op I would think $2.25 a mile would be needed.

[bageltv]

How much is gas weekly? Then minus taxes??

[michaelzma]

What about qualcomm? Isnt that a weekly charge?

[donaldamelung]

Is there a maximum age cut off to get a cdl with prime and even a job with the company?