RTI L/P Settlements (Pay)

Breakdown of pay for Lease/Purchase drivers.

[@DEHDON13]

From an O/O to another, always buy or lease your own truck then bring it to the company you want to work for. This way you're in control if you decide to move the truck. Also you're mostly in control of your fix expenses.

[@shadowtrucker210]

The problem with that is that dealerships want $40k down. I would want a newer truck, not one that already has 500k miles on it.

[@601trucking2]

@@shadowtrucker210 lone mountain truck leasing. Used and new trucks I never actually went to them. I got my truck through a lease purchase in 2 years.

[@CarlosGonzalez-mw5oz]

Thank you for the breakdowns. I am definitely doing the Variable plan when I start on the 17th.

[@shadowtrucker210]

It's a good choice. It's definitely nice for when you take time off. You'll really like this company.

[@graystone3048]

Love these videos. Talking with RTI recruiter now about possibly doing a LP. RTI fsc is actually quite low compared to some others. Namely Artur who is currently at a fixed $.50/cpm. That being said RTI has a much better program and appears to be a better thought out system than I’ve seen elsewhere.

[@shadowtrucker210]

Thank you. Yeah, the fsc kind of sucks but the way they run the program makes up for it a lot.

[@najn2372]

@@shadowtrucker210 AWESOME. Is insurance included in the lease purchase program?

[@shadowtrucker210]

@@najn2372 Yes sir. All of the truck insurances are included in your deductions.

[@najn2372]

@@shadowtrucker210 cool. Thanks Bro

[@RPJohnson1968]

Thanks for sharing, I’m looking at JCT because they are offering 1.40 per mil

[@shadowtrucker210]

No problem at all. Ak them to email you a breakdown of their pay (incentives, fuel surcharge to you, expenses, etc) so you know the exact amounts for everything on the fixed plan. They should also have a breakdown of the variable plan if they have a variable plan.

[@RPJohnson1968]

@@shadowtrucker210 I see they also have the veritable plan

[@euneique]

Did you end up going with them? If so, how do you like them?

[@RPJohnson1968]

@@euneique no, I decided to go with SFI and lease on with Schneider

[@euneique]

@@RPJohnson1968 Thanks for responding back. I really appreciate that! I asked because I just literally came across that company about an hour ago, so I was curious. What's SFI?

[@tintinmilou5562]

Welcome back brother, appreciate the breakdown & good luck. Which account are you on? Dedicated or Otr? Do drivers break 3000 miles a week? Thank you brother & stay safe!

[@shadowtrucker210]

Thank you. I'm just OTR right now but i might get put on the Mizkan account sometime in the future. You can definitely break 3,000 in a week with this company. My first week with the company, I ran 2,600 in 5 days.

[@tintinmilou5562]

Perfect, do you think that an APU is waste of money? I understand the escrows payments! But why do we need to make those payments for 10 wks/12 wks if we’re already paying 0.10 a mile for maintenance! I’m confused!!! Do you have any idea/information about the drop & hook Target account? Good luck with the Mizkan account, I wish you success in the trucking industry. And again, I appreciate your time & your replies, be safe brother, thank you

[@shadowtrucker210]

@Tintin Milou I wouldn't say that they are a waste of money. It's more just a personal preference at the end of the day. They are great for controlling the temperature when you're stopped, especially in places where idling isn't allowed. The optimized idle does work, but it's definitely not the best. You have to toy with it a bit to figure it out, which is annoying in the wintertime. However, they do work great in the summer months. The reason I didn't want an APU is because of the maintenance they require and the amount of space they take up under the bunk.They also add a couple thousand dollars to your payments. I am interested in trying out the EPU though. Those 2 escrow accounts that we are required to pay into aren't for truck maintenance. They are for in case we decide to quit the company, or switch to the company side of the house and give the L/P truck back. They will use those escrows to pay for any damage that we may have caused to the truck. If the damage exceeds the amount of the escrow account, they will take it out of your next/final pay check. If it exceeds that, you will be required to pay the excess. As for the target account, I don't know much. I know they run a LOT, and it is harder to take time off for vacations since their schedules are a little crazy. With that being said, you will make a lot of money as well because of how many loads you'll be moving. If you don't like taking time off and just want to run, that would honestly be a great account for you. Thank you for the well wishes. I wish you good luck as well.

[@tintinmilou5562]

You’re the best brother, I never knew about the EPU but now I do thanks to you. I drive a 2020 Freighliner using the optimized idle interior comfort, not a big fun of it but it works. I heard good stuff about Target account & I don’t mind driving those miles. As long as I’m able to work 9 months on (Mar to Nov) and take off 3 months (Dec-Jan-Feb) I don’t know if it’s an option on a lease purchase! 3700$ would cover those 3 months truck expenses! For the escrows, it makes sense and I appreciate you explaining it. Again, thank you so much brother and stay safe

[@shadowtrucker210]

@Tintin Milou A lot of people actually don't know about the EPU. They're still pretty new. I haven't heard anything bad about them yet. I'm not a fan of the opti-idle either unless it's summertime. During the winter, I run my bunk heater at around 75°-78° and the opti-idle just provides supplemental heat if it is still too cold... or I'll turn the bunk heater up. It can be turned up to 93°. Hmm.. I don't see why you wouldn't be able to do that. I would call and ask just to make sure, but if you already have money set to make the payments for those months, then they will probably let you do it. They might want you to leave your truck on the company lot during those months though just in case they have to do any work to it.

[@robertparkes5896]

I'm thinking about going to RTI for the lease purchase program to get a truck. I've been in my trucking career for 22 years now and still going strong. I've tried couple of these lease purchase programs with other carriers and they made it sound great but once I got into those leases, they lied and really did not care about the drivers at all. You've said you did the lease purchase for your current truck through RTI.. Please tell me your thoughts and opinions about RTI as a company and their lease purchase program. I'm trying to get as much info and honest opinions before I leave this current company I'm driving for.

[@ambitiousmoney3633]

So can you do a video of what your truck made for the month and expenses. I am starting the program next week

[@shadowtrucker210]

You'll have to remind in about 2 months. This month won't be full since I'm taking vacation here soon.

[@terryb5000]

Can you take off for as long as you cover your fixed cost or do they Complain about it, how long do you stay out until going back home

[@PJ-uh8og]

You were in my city LOL‼️💪🏾👍🏾😂

[@MrHines88]

Hey just came cross your vid , I was thinking about talk to one there recuriters about coming on broad for LP program is they pretty good plus hometime/ Days Out.. An you still running with them

[@shadowtrucker210]

They are really good about getting us home on time. The majority of us run 2+ weeks at a time and go home for 3 - 4 days. I am still with the company. I'll be hitting my 1 year mark in about 2 months.

[@MrHines88]

Ok, Which Lease Options thts good will pay truck off quickly within 2yrs tops ? fix rate payment each week or the variable per miles run

[@shadowtrucker210]

@@MrHines88 If you are constantly running and stay out longer, then the variable payment is going to pay off the truck a lot faster. Fixed is only nice if you want to know your exact payments every week.

[@MrHines88]

@@shadowtrucker210 Ok, then I will see into variable per miles plan option, Thanx man appreciate Be Safe Over That Road

[@shadowtrucker210]

@@MrHines88 When you call recruiting, ask for Bailey. She was my recruiter and she the head of the department. She's awesome.

[@CarlosGonzalez-mw5oz]

Quick question do the trucks come with microwave and fridge or just the fridge.

[@shadowtrucker210]

They do come with fridges but not microwaves. There are 3 plug outlets and 2 USB ports on the inverters. You'll have to run an extension cord to plug your microwave in. I think some of the Internationals have actual plug outlets in them.

[@iam4ouru10]

Damn they robbing you blind with them rates🤣🤦‍♂️🤔🙄

[@terryb5000]

So is your empty miles paid the same as loaded miles

[@boomstyk4urboo]

RTI told me they force dispatch LP drivers. 2-3wks otr, based on my home state. That what you do?

[@shadowtrucker210]

That doesn't make sense since this is a non force dispatch company. With that being said, some of the accounts are forced dispatch, such as the target account. I do stay out for 2 weeks at a time, but I am not forced dispatch. What is your home state?

[@shadowtrucker210]

I just spoke with my recruiter and she said the same thing. If you're lease/purchase, you are not forced dispatch unless you are on a dedicated account that requires it. You can call the recording department back and ask for Bailey, and she will walk you through everything.

[@boomstyk4urboo]

@@shadowtrucker210 Virginia

[@re-upking3327]

That’s a pretty high truck payment to only be making $1 per mile. Companies like this is the reason most fail in lease purchases. Idk if you’re still there but I wouldn’t be.

[@shadowtrucker210]

It's like $1.80 per mile. I'm making money with no issues. This company actually wants their drivers to succeed. If you tell them to run you then they will. If a driver is not successful here, then they are doing something wrong.

[@adamshaw8214]

@@shadowtrucker210 do they hire out of texas?

[@shadowtrucker210]

@@adamshaw8214 Yes sir

[@livefreeordie1985]

I’m quitting this week, after they let 3 days waiting for load… it happened 2 or 3 times. It’s hard to make some profit. I went negative 2 weeks consecutive. That’s awful work and Still owes money to company. Good luck, I hope everyone have a better experience.

[@brianpruitt3081]

Is this really worth it will fuel costs the way they are?

[@shadowtrucker210]

I think it is. I’ve still been making decent pay. Everything with the L/P side of the house is driver dependent. You have to pick fuel stops that are best for you and you have to know when and how much to fuel.

[@brianpruitt3081]

@@shadowtrucker210 Ya i had a stroke last year and i was an o/o team driver then. Finally got cleard to drive and want back the lifestyle i had, however can not find it on a company truck. Looking to LP somewhere.

[@shadowtrucker210]

@@brianpruitt3081 I'm super to hear that. It's definitely good that you can get back in a truck now though. L/P with this company isn't going to make you a lot of money until the truck is paid off. However, the environment with this company far surpasses almost any other company. To me that makes it worth it. You will make around the same amount as a company driver. We can make anywhere from $0-$500 more than company drivers depending on how we drive and fuel. You can team drive with this company too if you would like to do that again. That would definitely make you more money.

[@josephturner3693]

You can make more being a company driver. I make 88% of the load. After all expensives I take home $3000.

[@shadowtrucker210]

Do you drive for this company?

[@josephturner3693]

@@shadowtrucker210 I'm leased to a company

[@shadowtrucker210]

@@josephturner3693 If you're leased to a company that means you own your truck. I'm a L/P driver not an O/O. I don't own my truck, so I can't do percentage pay.

[@josephturner3693]

@@shadowtrucker210 I'm buying my truck from the company. Renting a trailer.

[@josephturner3693]

@@shadowtrucker210 there are many companies out there that will sell you a truck. The same way that RTI/TLI does. But they give you a % of the load. Your doing the same thing as me, but your getting paid like a company driver. I wish I could send you a copy of my last settlement. Then you would see

[@patricksamuels4296]

Are you still with rti?

[@shadowtrucker210]

Yes sir

[@patricksamuels4296]

Good morning, thank you for this video and, the breakdown I'm thinking about giving them a call.

[@terryb5000]

So what area do you cover for them

[@shadowtrucker210]

I'm an OTR driver, so I run wherever. However, they usually keep me east of I-35.

[@traviswhitaker4334]

Hey can you guys (truckers) have your dog come with you on the trucks…. Ik some company’s let you but how about landair??

[@shadowtrucker210]

Most companies allow it if they are 40 pounds or less. Most will allow cats too. Landair used to allow pets, but they got rid of that policy a little while back and they're not sure if they are ever going to bring it back.

[@chrismurdock8017]

Did you have to put any money down?

[@shadowtrucker210]

None at all

[@steveford4464]

Do you go where you want to go

[@shadowtrucker210]

No, we are not owner/op. We can turn down loads we don't like, but we can not pick from the load board.

[@OFFICIALPGBEATS]

Camera in truck?

[@shadowtrucker210]

Yes, but only forward facing, and there is no audio.

[@OFFICIALPGBEATS]

@@shadowtrucker210 thanks

[@laylahofmann3970]

On time bonus?

[@shadowtrucker210]

If you make your deliveries on time, you get $.063/mile.

[@laylahofmann3970]

That must be something only the newer drivers are eligible for.

[@shadowtrucker210]

@@laylahofmann3970 I signed last year and I have it.

[@laylahofmann3970]

There are divers that have worked for RTI for 6 plus years and have never heard of it. Drivers that are always on time. I guess out with the old, in with the new.

[@shadowtrucker210]

@laylahofmann3970 I mean, things are always changing. You could ask your DM about it and see what happens.

[@patrickmcguire9116]

You still at rti?

[@shadowtrucker210]

Yes

[@patrickmcguire9116]

A lil behind on your videos, you making good money? Im in knoxville you get to pick loads?

[@shadowtrucker210]

@@patrickmcguire9116 I do make good money. Gross is around $5k/week. Net is around $12-1400/week. We can't pick our loads, but we can turn down loads if we don't like then. They will ask why and then find you another load.

[@ricogonzo1523]

Not worth it!

[@shadowtrucker210]

And you say that why?

[@ricogonzo1523]

When I was company driver I was getting 30% of the loads total up to 2800$ a week, naw I'm at 90%, you see mega company's lure drivers to a lease for liability issues and lie about the total gross pay, 3 load sum up to 8200$ to 9000$ gross pay, after all expenses your net pay should be around 5200$ hundred. They take advantage in putting the illusion to the driver in thinking that the truck is yours, go over 72mph and you will get a call from safety bothering you in why you went over the speed limit, it's all mega carriers BS,stay away from lease, your working for free,do the math.

[@shadowtrucker210]

@Rico Gonzo The second you said company driver, everything else went out the window. You have 0 expenses as a company driver, so you can not compare pay at all. And ours is done at pay per mile, not percentage of the load, so again you can't compare pay. And expenses don't match for everyone. It all depends on what truck you choose, the payment plan you choose, the maintenance plan you choose, etc. And this company doesn't lure anyone to lease. They actually recommend drivers go company drivers first until they are absolutely sure they are ready to try the lease program. They also don't give you the illusion that the truck is yours. They tell you it will be yours IF you finish the term of the lease. They are also completely up front about all of your expenses. They give you COMPLETE breakdowns of everything in orientation and answer any questions in depth. You may have had bad luck with companies that you went to, but that doesn't mean they are all the same. I have researched this company for a long time and can't find any reason not to do the L/P program.

[@ricogonzo1523]

@@shadowtrucker210 I can show you my pay settlements, you see these companies make you believe that truck is yours and that your gross payment is 3400$ even 4000$ , well good luck working for free.

[@crosscountry9132]

@@ricogonzo1523 show it then

[@gregbernal3237]

that not a lot for drive a rental truck