You said it right. He said because of the truck the insurance is high. He also mentions that the reefer was a bad deal, but he had no choice because his credit isn't the greatest. I am trying to keep me under $3500 per month?
Truck and Trailer monthly payment $5200 too much?
Discussion in 'Ask An Owner Operator' started by Letsgetreal, Jan 7, 2017.
Page 2 of 4
-
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
-
That's some profound stuff. I see this all the time. There is always someone to take the cheap freight. That is why the brokers are ####y ### f###! What do you think the ideal payment should be? And who would be a real owner operator? -
5200 a month for the equipment only + working off loadboards = thin wallet.
bzinger Thanks this. -
I was quoted $ 9800 for my trusty white 670. $13K was the high quote.
What kind of driving record this guy have?
Reefer even used is probably pretty new so as to go into Commufornia. I could see that.
If he has a good direct customer he probably gets $4 or better going out, $2 coming back. -
Why is the truck a better deal and not the refer for him? Is the truck a LP, he needed credit to buy it? Agreed with everyone else on the trailer, that's were he's off.
-
<iframe width="560" height="315" src="" frameborder="0" allowfullscreen></iframe>Letsgetreal Thanks this. -
Lone Ranger 13, TequilaSunrise, Dave_in_AZ and 2 others Thank this.
-
Dave_in_AZ Thanks this.
-
Truck payment 2800, truck insurance 540, reefer payment 1400, cargo insurance 1200. 5940. If he has brand new equipment, he is paying less then the market rate. Figure a third for fuel. He should be grossing 4000 a week. On a 4 week month.....16000/3 x 2 (fuel) 10667 - 5940 = 4727 profit for the month or 4727 = 1187.75 before taxes.
Their is a man online on this sight who is a Professor of Economics. He points out that we all make about the same if we rely on other folks for our freight. -
ReeferOhio Thanks this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
Page 2 of 4