HOW DO MY NUMBERS COMPARE
Posted Sun, Aug 26 2012 06:48 PM CST
MIKE MONSERUD
NONE
AMES, IA
515-468-3994

Posts: 6
I found 2 different trucks that I am interested in and one is a 2007 T600 for $48,900 and one is a 2008 T2000 KW for $54,500.
I figured that the insurance a year is about 3.5% of the cost of the truck
Bobtail Insurance $650
Workmans Comp $400
2290/Tags $2000
Maintenance $7000 I know it sounds a little high
Driver pay $45,000
Fuel at 5mpg and $4.20 a gallon $96,000
Taxes $14,400
Truck payment $14325
Trailer rental $1000 a week
I figured all of this on $4000 a week, and the truck I really like is an old CFI truck with an APU and most times the rates that I turn in are over $4000 a week, so I guessed on about an average. I also might be a little high on the trailer rental, but if you all can critque my numbers and see how close I am because I want to move on to O/O from a company driver. Also live in Iowa and of course if you can give me some names of good owner operator only companies. TQA qualled and experienced.
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Posted Tue, Aug 28 2012 09:17 AM CST
PAUL VAN KEKERIX
VAN KEKERIX TRUCKING INC.
ROCK VALLEY, IA
712-541-7583

Posts: 12
You need to check your math. You will need $500/week more to cover your exspense.
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Posted Tue, Aug 28 2012 12:52 PM CST
STEVE HILKER
STEVE HILKER TRUCKING, INC.
CIMARRON, KS
620-855-2378

Posts: 14
Buy your own trailer if the rent is $1000/week. Or drop that down to $3-500/wk. I don't see tires. If that's included in maintenence, you need to bump that number up at least $3,000.
At $4,000 a week gross revenue, it's going to be pretty hard to make this work. There is no margin for error, and this business has lots of opportunities to make errors.
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Posted Tue, Aug 28 2012 04:18 PM CST
JESSIE SHERMAN
BAR S LAND & CATTLE CO IND
IXONIA, WI

Posts: 15
I have to agree with Mr Hilker. If you rent a trailer. you are required to maintain any cost due to maintenance issues. With what you'd pay in rental fee's,and maintenance cost. You would be better off buying your own trailer. There are alot of nice, well maintained trailers. Also excuse me for saying. Is an old fleet truck what you really want. Although they are supposedly well maintained. Are they giving you any maintenance record's to go with the truck. Does this truck have the power to do the job. I can see your point with the Fuel economy,and an APU. For the price you showed for that year truck. You can buy a Freightliner Classic all day long with bigger power,and just as fuel effiecient. I have seen these truck's in the Truckpaper for as low as $27,000- $40,000. Some have an APU also. Alot of these are not fleet trade-in's either. If anyone disagree's with this. I believe he would be unhappy with a used fleet trade-in. As for your cost break down. I see it as pretty close to the cost you will be putting out. Give,or take a few higher/lower payment's here,or there. Good Luck in your future endeavor. REPLY REPLY WITH QUOTE
Posted Tue, Aug 28 2012 04:59 PM CST
LORIE HIRD
CIRCLE H TRUCKING
53821, WI
608-306-3937

Posts: 1
If you get on with a good company, like we did we get rembursed for plates , insurance, and we on dont pay for trailer maintence, but we do pay 18% rental we dont haul we dont pay so it has worked great for us, weekly settlements, bonuses at the end of the year are plates are $2200, 1600 down 436 a month for 8 months on both the catgo and all other insurance for are authority... it cost roughly 62 cent a mile to turn the truck right off the bat without a load , then i saftey net 62cent a mile for extra repairs, etc I hope this helps.

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