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Old trucker cleans out the garage

Discussion in 'Ask An Owner Operator' started by Studebaker Hawk, Apr 19, 2015.

Page 1 of 4
  1. Apr 19, 2015 #1
    Studebaker Hawk

    Studebaker Hawk Road Train Member

    2,895
    9,142
    Oct 18, 2010
    NW Indiana
    0
    It is April of 1976. I have been an owner-operator for about 60 days. I purchased a used 1974 White Road Commander Cabover single axle spring ride 250 Cummins 10 speed from northAmerican Van Lines for $25,600 with 124,000 miles on it. Payment for the truck was $563 month License plates were $450 year. The paperwork I am about to drop in the dumpster now yields the following information:

    Typical numbers for a load in the division I was in, New Products. The tractor had a wheelbase of 136" and I was pulling a 40' air ride trailer.

    I hauled a load of kitchen ranges for Tappan from Mansfield OH to Lincoln NE with an extra stop in Omaha NE. I deadheaded 77 miles from Cleveland OH to get it.
    I was paid $345($.40 a mile) for the 800 loaded miles including extra stop pay and $19.25 deadhead mileage for a total revenue of $364.25

    Along the way I purchased 100 gallons of fuel at Iowa 80 Truckstop, Walcott IA. It was $.49 9/10 per gallon
    I purchased a fuel filter at Sapp Bros in Omaha for $5.90(which I installed in the parking lot).
    Apparently I was in the mood to live large. I stayed overnight at a Motel 6 in Lincoln NE at the end of the trip for $12.22
    I had to mount a temporary set of mudflaps on the tractor in order to bobtail around that day, 2 flaps cost $10.23 at a local NAPA dealer. They gave me the 2x4 and some nails that I used.

    My wife at the time traveled with me continuously, 2 of us sharing a 32" wide bunk flat top sleeper( sleeping sardine style). Maybe thats why I sprung for the motel.

    Just thought you might like to compare any of your own numbers. Would I do it all over again? Probably.
     
    Studebaker Hawk, Apr 19, 2015
    Studebaker Hawk, Apr 19, 2015
    #1
    blanco, Joetro, OONewbie and 42 others Thank this.
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  3. Apr 19, 2015 #2
    KW Cajun

    KW Cajun Road Train Member

    2,383
    3,652
    Apr 12, 2013
    Copperhead Road
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    Ya can't beat the unintended humor in nostalgia and 'the way things used to be'.

    I found it extra funny you had to do every mile in a spring ride cabover... while the freight got better comfort in an air ride 40'er. ;)
     
    KW Cajun, Apr 19, 2015
    KW Cajun, Apr 19, 2015
    #2
    RubyEagle Thanks this.
  4. Apr 19, 2015 #3
    FLATBED

    FLATBED Road Train Member

    6,665
    5,499
    Sep 14, 2008
    Back behind the Wheel and out of the OFFICE
    0
    Compared to the buying power of todays $ your #s would be

    Your truck payment $2,345.83 / Month , the Fuel filter $24.58 , Mud flaps $42.23 and Fuel $2.08 / Gallon and you would get $1.67 / mile for the 800 loaded miles
     
    FLATBED, Apr 19, 2015
    FLATBED, Apr 19, 2015
    #3
    tucker, blairandgretchen, OONewbie and 3 others Thank this.
  5. Apr 19, 2015 #4
    Cheap Weenie

    Cheap Weenie Light Load Member

    152
    148
    Oct 8, 2010
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    In other words, dollar-for-dollar everything is substantially cheaper today except fuel.
     
    Cheap Weenie, Apr 19, 2015
    Cheap Weenie, Apr 19, 2015
    #4
    mickimause and rank Thank this.
  7. Apr 19, 2015 #5
    rank

    rank Road Train Member

    9,870
    113,173
    Feb 11, 2010
    50 miles north of Rochester, NY
    0
    Contrary to popular belief, I believe there might be some truth in that. I haven't got hard and fast paper to back it up, but a few old timers have told me their early '80's 359 Peterbilts were in the $80,000 range. That's "free" trade for ya. Is it any wonder wages are stagnant?

    I'd like to know what Studebacker's truck cost. Not just the payment.
     
    rank, Apr 19, 2015
    rank, Apr 19, 2015
    #5
    FLATBED Thanks this.
  8. Apr 19, 2015 #6
    SHO-TYME

    SHO-TYME Road Train Member

    3,425
    3,177
    Apr 20, 2011
    Dahlonega, GA
    0
    Huh, $.40 a mile, funny, that's what car brokers think they can still book a car to be moved for......
     
    SHO-TYME, Apr 19, 2015
    SHO-TYME, Apr 19, 2015
    #6
  9. Apr 19, 2015 #7
    The Admiral

    The Admiral Heavy Load Member

    894
    561
    Jul 18, 2010
    Akron,Ohio
    0
    In 1976 I bought a new Chevy C-65 gas job. 427 with a 5&2 speed rear end. I had a 5th wheel and tag axle added. I think I had $12-14K in the truck. The tire guy had a Great Dane 40' spread on a Hutch mechanical suspension. He put me on the payment plan. Signed on with Globe Trucking out of Toledo,Oh. Most of the time we loaded at J and L Steel in the Cleveland flats. Home depot is there now. I would put a 40K in the nose and a 40K over the spread. Go home sleep till midnight get in the truck, go to Toledo Pickling. Once in a while we would get a return load out of Toledo. The rate at that time was .$46/00, $368.00 on 80K. Plus we were Teamsters on the 2 check system. Our driver employee check was 26% of the gross and the truck ck. was 49% of the gross. On top of that Globe paid our Health and Welfare. Health Ins. and contributions to the Teamsters Central States Pension Fund. How sweet it was.
     
    The Admiral, Apr 19, 2015
    The Admiral, Apr 19, 2015
    #7
    already gone and MZdanowicz Thank this.
  10. Apr 19, 2015 #8
    Ukumfe

    Ukumfe Medium Load Member

    301
    515
    Oct 23, 2008
    0
    He says right in his post that it cost $25,600 and had 124,000 miles on it. :biggrin_255:
     
    Ukumfe, Apr 19, 2015
    Ukumfe, Apr 19, 2015
    #8
    rank and bigkev1115 Thank this.
  11. Apr 19, 2015 #9
    Dale thompson

    Dale thompson Road Train Member

    4,634
    35,646
    Nov 20, 2013
    commerce twp,mi
    0
    man that was a lot of money for a used road toilet - Dad bought a new KW coe in oct. 75 for 38k twin screw,350, 13speed air ride 3 color paint OMG I have to stop before I drown in nostalgia
     
    Dale thompson, Apr 19, 2015
    Dale thompson, Apr 19, 2015
    #9
    Cetane+ Thanks this.
  12. Apr 19, 2015 #10
    12 ga

    12 ga THE VIEW FROM MY OFFICE

    1,568
    1,788
    Oct 21, 2013
    Central Michigan
    0
    That was for a White Cabover not a Studebaker.
     
    12 ga, Apr 19, 2015
    12 ga, Apr 19, 2015
    #10
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