Can anyone help me with a rough estimate of tractor R/R expense ($)/mile? Don't have to worry about the trailer.
Some numbers for new O/O
Discussion in 'Ask An Owner Operator' started by DUNE-T, Aug 23, 2018.
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joseph1853, CorsairFanboy, KB3MMX and 1 other person Thank this.
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Sorry...I'm not looking for rates. I'm trying to get a unit cost ($/mile) for an estimate of repairs and maintenance. I'm developing an operating budget so I'd like to be able to estimate what I should be "banking" from my revenue on a monthly basis for repairs and maintenance.
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In the first two years you might you might put a lot of money into the truck, and years 3-5 you might only spend 5k on maintenance, so numbers will be different again.
Just to get you a number, on 2500 miles week, roughly I would say $1.80 per mileRideandrepair and spindrift Thank this. -
Exactly what I was hoping to learn. Much appreciated, sir.
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Just when you think you got it all figured out...... didn’t cost me anything to have my company bring me an empty trailer. But it was $1900 to transfer the load and tow the bad trailer back to there yard. I had to finish the delivery 150 miles away. Then 150 miles back to get my broken trailer. Delivered trailer to repair place close to my house (400 miles away). 3 weeks of missed work and $4800 for the repair I’m finally going to pick up a load again in the morning. Could not see the damage damage until it happened. Trailer is only 10 years old.
Easily $10,000.00 in cash and 3 weeks without revenue.
I’m fine and was more than prepared for something like this but...........CorsairFanboy, magoo68, KB3MMX and 5 others Thank this. -
Happy to hear your back going Tug.
ps. Fill out a tax exempt form and get a refund on that invoice. In my state it’s called an st-105. -
First two years on a NEW truck with warranty is generally only 5-10¢/mi solo.
If you add extended warranty to engine and emissions for 5yr/500k , you'll reduce the balloon in maintenance costs overhead to about 10-15¢ 250-500k miles.
Initial cost of adding 500k extended engine and emissions warranty is generally only about 1.5¢/mi across the 500k warranty.
Very cheap insurance for the most expensive components.
I've had USED trucks before that were 50¢/mi+ , the overhead maintenance expenses can vary wildly... On top of your payment.Last edited: Sep 20, 2018
Blue jeans, CorsairFanboy, Dave_in_AZ and 3 others Thank this. -
I used to think .06 cpm was too high time to trade!!! Now that’s about what oil and tires and maybe a set of brakes or shocks. Normal maintenance plus repairs truck washes add another .06 cpm.Plus major overhaul/ repair emergency repair saving acct on a 4/5 yr cycle add another .06cpm. So you spend .06cpm reg save .12 cpm and hopefully in 4/5 yrs when engine/trans /rears need rebuilt you enough to cover it. Or you have choice of upgrading. That to me is a foolproof way of covering your ###. Unless you waste $$ by getting ripped off on unnecessary repairs. Which while always an issue has become a plague to the industry lately. Outrageous examples heard and read about daily. Best familiarize yourself with potential problems of any Truck / engine/trans combo before purchase. And get ballpark estimates before signing any repair order. These things have a way of magically inflating otherwise. Beware of the Service Manager. He is usually more of an expert on pumping up revenue than Trucks. That’s his job
Tug Toy Thanks this. -
I run avg 2800 wk 48 wks avg costs have been around 11 k per year . I am very happy with those #s . I now have 2.2 ml miles and am not hesitant of running it another million ( after overhaul) The old Conventional Trucks Classics w900. WS. Pete’s Or Internationals are simple and cheap to work on. Fuel mileage could be better. But ease of maintenance far outweighs this for me. Rather work a day on it at home then be stuck 4 days getting”Free”warranty work.Then running to catch up.see my Cummins Filter did away with expensive orig heated plastic bowl junk . Upgraded newer style 2003 S exhaust pipe. $50 at junkyard
Blue jeans, Blackhorse77, Dave_in_AZ and 2 others Thank this.
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