O/O,what are your expenses
Discussion in 'Ask An Owner Operator' started by luni, Feb 28, 2009.
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2850.00 month in truck payment would bring tears to my eyes.....
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Depends what that includes. My truck is $1100 (24 months), $1,000 for trailer (until the sun blows up) and $570 for insurance (9 months of the year)... so I'm right about there as well.
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We don't have a trailer payment... taxes to me is the big ugly... if it wasn't for the goverment i'd be better off...
Don't forget uncle sam guys...
This is a reality.. we had one truck that blew up and went out and bought another may be a dumb move there lol but now we have two truck payments.
OKay now don't look at this and say wow i can do that... the problem right now aint what it's going to cost you but its what can i make right now... that is the big question also consder we don't have any 401k nothing towards a retirement, and we can't afford health insruance... of any kind... so keep that in mind... and right now
DONT BUY NO TRUCKKKKK!!!!!!!
Good advice for someone that's been in this business for 18 years...
monthly
1350 for the new truck
289 for the old truck
160 insruance
26. something like workmans comp
18.99 libatily ins
50 or so for valorem and smaller taxes
12.00 a month for trip pack and trans flo
60 to 100 a month fuel taxes
Yearly
1650 plates
200 permits
650 tax man
6500 and up for the feds
3000 or so for state
well last year we spent about 55,000 in fuel
550 taxes for 2290 yearly
I know im forgetting something but not sure what it is
jacksLast edited: Mar 15, 2009
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Easeway, don't be silly. Those are all my expenses combined. It would bring tears to my eyes also if I had a truck payment that high.
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we didn't make estimated payments do you. and are you a 0/0
jacks -
The only way to get money back is to show a loss, so unless you actually had a loss your tax man hid alot of things. Last year my net was around $65000 and I paid around $14000 state and fed -
Great point, we've never got money back here but then again we have troulbe making the estimated payments now with this economy.... i wonder if he's a company driver?
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