So like many others I’ve been driving for 24 years and I want to become an owner operator. My questions are not how much can I make, I can figure that out on my own. The question is, is it enough. I’m more interested on how much it would take to maintain my truck. Assuming it’s a 2017 in good working order, what can I expect on the high side. Oil changes, insurance, etc? I would be hauling a tanker, non-haz, about 450 miles round trip daily. Pay is about $1,300 a day gross, home nightly, 5-6 days a week of work.
Is it worth it?
Discussion in 'Questions From New Drivers' started by Dubon0708, Aug 2, 2024.
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What does that same run pay a company hand?
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Are you buying the truck outright, or financing, and how many miles are on the 2017 units you’re looking at?4mer trucker Thanks this. -
To your question, it’s a big variable.
6 year old trucks are at 500,000 miles depending on their usage, which is about where they run into larger maintenance items - often with after treatment systems.
If you continued on that track with 100k miles/year, within 5 years you could be looking at those costs, possible inframe, transmission, and general items that come along with 7-13 year old trucks.
Is it possible to use a pre emission, well maintained unit - or - do the numbers on the front end support payments on a new or one year old unit?
The $2.88/mile all miles is certainly reasonable, there’s just a lot of questions to consider.
First of all - what would you say your top 3 reasons for considering it are?Razororange and 4mer trucker Thank this. -
silverspur, Sons Hero and blairandgretchen Thank this.
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blairandgretchen Thanks this.
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Your trailer or theirs? Any cost to you if it’s theirs?
Under their authority and insurance?4mer trucker Thanks this. -
Subtract the following Weekly Cost:
- Fuel - $1,500.00 a week @$4.00 per gallon burning 375 gallons a week getting 6 mpg - running in Florida, no hills
- Driver Pay - $1,000.00 (adjust as needed)
- Maintenance & Repair Fund - $500.00 You gotta maintain it AND it's gonna break!
- Tags - $50.00
- HUT Tax - $10.00
- Physical Insurance - $50 ( normally 3 - 4% of truck value)
- Bobtail Insurance - $20.00
- Truck Payment ( Equipment Replacement Cost) - $400.00
- Taxes- ?
- IFTA - ?
- Workmans Comp - ?
- Accounting Fees - $10
- Cell Phone - $25
- Trailer Cost - ?
- ELD Fee - ?
- Health Benefits - ?
- 401K - ?
Known Cost : $3,565.00 Per Week
Known cost : $3,565.00Bean Jr., tscottme and blairandgretchen Thank this. -
Thanks @Eddiec
Bean Jr., ibcalm19 and 4mer trucker Thank this.
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