O/O,what are your expenses

Discussion in 'Ask An Owner Operator' started by luni, Feb 28, 2009.

  1. 24valve puller

    24valve puller Medium Load Member

    399
    89
    Sep 8, 2007
    N.E. Oh
    0
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. sidman82

    sidman82 Bobtail Member

    3
    1
    Oct 11, 2006
    0
    $2850 a month, give or take on your truck payment and insurance rates. Fixed expenses. Own Authority.
     
    luni Thanks this.
  4. easeway

    easeway Light Load Member

    91
    27
    Dec 28, 2008
    NC
    0
    2850.00 month in truck payment would bring tears to my eyes.....
     
  5. PharmPhail

    PharmPhail Road Train Member

    3,084
    1,125
    Nov 7, 2008
    NC
    0
    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.
     
  6. Jacks Girl

    Jacks Girl Light Load Member

    138
    43
    Mar 14, 2009
    Eastern Kentucky
    0
    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

    jacks
     
    Last edited: Mar 15, 2009
    luni and Dark Wolf Thank this.
  7. sidman82

    sidman82 Bobtail Member

    3
    1
    Oct 11, 2006
    0
    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.
     
  8. Big John

    Big John Road Train Member

    2,022
    1,521
    Oct 7, 2006
    Oklahoma
    0
    I would get a new tax man. I got $90 back last year.
     
  9. Jacks Girl

    Jacks Girl Light Load Member

    138
    43
    Mar 14, 2009
    Eastern Kentucky
    0
    we didn't make estimated payments do you. and are you a 0/0

    jacks
     
  10. 24valve puller

    24valve puller Medium Load Member

    399
    89
    Sep 8, 2007
    N.E. Oh
    0

    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
     
  11. Jacks Girl

    Jacks Girl Light Load Member

    138
    43
    Mar 14, 2009
    Eastern Kentucky
    0


    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?
     
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.