Some numbers for new O/O

I'm reading your other thread and what you are suggesting is insane. I make about $1200 take home right now. I will be paying myself about $63k/year W2 for tax purposes. Do you know what that is per mile?

That's $0.42.

wait why am i breaking down numbers?

halfway through writing this I read the rest of your thread and you're absolutely a troll

if you aren't, you're going to light $200k on fire working for free because you thought you were smarter than you are and didn't want to do research, only wanted a confirmation of your (literally $0.30 per mile LOSS MINIMUM) "business model"

 

Wow that's a very very specific break down of everything my goodness

 

It's quite outdated too. It is 6 years later.
Back then you could buy a well spec'd, brand new truck for $160k, today the same truck sells for $200k. A set of average drive tires bought at discount shops: Goodyears or Generals were $2700, today more like $3500-4000. In 2018; they would tow your truck 20 miles off the interstate for $750; today it's $1500. PM service at Speedco was $350; today it is closer to $500.
The problem is that the rates for a brokered freight they're paying today aren't that much better than they were back in 2018.

 

I'm not an OO, but I've also noticed services have degraded as well. Is it only me? Speedco used to be great at service and I considered them a cheat code. Now, it's horrible lol.

 

The reason I never bought a truck is what is in this thread. I make almost 80 cent a mile, why would I pull dollar a mile loads as an oner operator?

 

You wouldn't for long. We were @ a buck a mile for all miles in the late 80s when a new 379 was $85k, and fuel was less than a buck a gallon.

 

And Crete convinces people to pull for $1.75 at highest rate... that manner of O/O that ET transport promotes on youtube is terribly dumb.

 

Thinking about it I saw an ET transport Freightshaker Crashcadia in the median between Rapid City and Box Elder today, blown over, facing westbound.

 

To be fair, a lot depends on what Crete is paying for. Registration, insurance, UCR, 2290, pay to owner operators before they are paid, etc. I have no idea what they pay