If it were that cost you could throw your truck away and buy a NICE used truck every year.When your maintenance/repair is that great it is catastrophic not average. Like John Wayne said "Life is harder if you're stupid"... That advice transcends to #### near everything.
Some numbers for new O/O
Discussion in 'Ask An Owner Operator' started by DUNE-T, Aug 23, 2018.
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Let's calculate expenses for the next 3 years and 300k miles. PM's $12000, engine overhaul $30000, tires $8000.
We are already at $17k per year, not including emissions work, suspension work, A/C and whatever else.
Yes, some people get good trucks, which will cost much less per year, but other people can spend $40k per year to have their POS running (yes, I have seen people spend that much or more)
I think $25k per year is a good estimate number. It's great if it costs less, but better be prepared.Rideandrepair, KB3MMX, dwells40 and 1 other person Thank this. -
I guess its like an airplane, if you are clueless how it works or anything about it and just jump in the drivers seat and go, you'll probably crash. .. in this case financially. Goes to show the dumber you are the more you pay, those number are just crazy. Ripping people off on costs seems to be a good business too.Rideandrepair and spyder7723 Thank this. -
It looks and smells clean, so why not. He only has a slight idea about regular maintenance, since his MEGA truck was getting oil changes every 40-50k miles, he knows nothing about after treatment system life span and he knows that trucks get repaired at dealerships and has no connections with good independent mechanics. There are lots of people asking questions on this forum about buying their first truck and they act exactly as I described, they are clueless and think buying a truck is the same as buying a car (the phrase Ridgeline often says).
So for the first 2-4 years he gets screwed by everyone. By his company (if he is leased on), by brokers/shippers (if he goes independent), often by factoring or finance companies and of course by dishonest mechanics or simply just by bad luck. If he survives those 2-4 years, then our driver gets enough experience and makes enough connections to stop being screwed and start making good money.
Its the same in every start up business, you are pretty much doomed to fail unless you really know what you are doing or have some serious help by someone who knows. The problem with trucking business though, its just very easy to get in. One would think 100 times before opening a restaurant, but with trucks it looks like a piece of cake. Put $10k down and get yourself a money making machine, then do oil changes 2-3 times per year, change brakes sometimes, watch cool Youtube vloggers, who show crazy pay stubs and live your dream.
Going back to your statement, why do so many new people come into this industry as new drivers and get suckered into lease purchase? Not because they are just stupid, but because they have no idea how things work and the sleazy recruiters make everything look really good on paper.MiFamilyGuy, mp4694330, KB3MMX and 5 others Thank this. -
Rideandrepair, KB3MMX, dwells40 and 1 other person Thank this.
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Rideandrepair, KB3MMX, dwells40 and 1 other person Thank this.
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Dont buy a emmisions truck and have a mechanic check out the truck before you buy it if you dont know anything about trucks mecanically and 2 theres tons of good vids on how to inspect a used truck !!! Not to say yiu cant get screwed easy
Rideandrepair Thanks this. -
At the same time, in 8 or 9 years, the industry will likely have ironed out most of the remaining significant bugs in emissions systems.Rideandrepair and KB3MMX Thank this. -
I have a friend that wanted to go O/O and started part time with a used truck... 550k miles
Told him when he goes full time it needs to go and replace with new truck and warranty.
So then he went Full time... Thought he'd beat the statistics.... It didn't work out so good.
He complained it was too "Expensive" for new... Etc etc.......Found out that in a year he spent 50K on that heap of uncomfortable , worn out , unreliable truck.
He could've owned TWO new trucks for what he pissssed away in that heap. I tried to warn him!!!
*Because of his "Cheap" non-committal choice, he's now back to collecting a paycheck from a boss ... He went out of business unfortunately.Last edited: Apr 14, 2019
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As for legislation similar to carb limiting their running area, that isn't a concern. The vast majority of this country is rural. Those folks aren't going to outlaw old diesel engines. It would destroy their economies. Gotta remember carb style emissions don't just effect trucks but farm tractors and construction equipment, even freaking generators and air compressors. We might see carb legislation extend to the high population northeast but three will still be plenty of areas left to run and make money with an old truck.Bean Jr., Farmerbob1 and Trucker186 Thank this.
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