Help with how much $ we can make

Discussion in 'Canadian Truckers Forum' started by Volvo780, Nov 7, 2010.

  1. Volvo780

    Volvo780 Light Load Member

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    Oct 9, 2010
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    How is that? Does every company big and small lie then? Look at all of the jobs for drivers. Please explain why we won't make any money.
     
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  3. TheHealthyDriver

    TheHealthyDriver Heavy Load Member

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    Jul 11, 2010
    Stony Mountain, MB
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    $4k/month payments will make a big dent on your ability to put alot of money away.
     
  4. Volvo780

    Volvo780 Light Load Member

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    Oct 9, 2010
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    Yes, but we have ZERO bills. I just asked the wife and our payment is more around $3000 a month. It was about $145,000 all done and we put $35,000 down on it. We don't pay rent or a mortgage either, so like I said we live in our truck. Its fun hey.
     
  5. Trouble65

    Trouble65 Medium Load Member

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    Jan 11, 2009
    Ontario Canada
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    If your wife is an accountant she can do the math. My formula is conservative, if you have to pay $4,000 per month on truck payments you will only make $2,500 per month profit.

    Does Bison pay for insurance or do you have to. Insurance for a new truck could be over $1750 per month with collision.

    You need at least 12,000 miles per month to make a living out of it. Also it would be better if you can cross into the USA.
    We are just trying to help you out.
     
  6. Lowbed

    Lowbed Light Load Member

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    Oct 23, 2008
    Edmonton Alberta
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    Yes, companies are looking for drivers. But companies are also very aware that lease operators make them a lot more money than they can make with their own drivers.

    If you had something that could run offroad like hauling pipe ti pipeline projects I could give you names and numbers to call. Big shack Volvos are not made for this type of hauling.
     
  7. Volvo780

    Volvo780 Light Load Member

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    Oct 9, 2010
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    Your numbers are real low. Where are you getting that we are only making $4000 a month. I am using Bison as an example, they are the worst case for us. Most places, including Trans x pay more and pay for plates. Our plates cost us $650 a month. We should be able to get 16,000 miles a month easy and get around $1.45cpm on average.
     
  8. Trouble65

    Trouble65 Medium Load Member

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    Jan 11, 2009
    Ontario Canada
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    Plates don't cost $650 a month. Our plates cost $200 per month/per truck for all of the States and Provinces.
     
  9. Trouble65

    Trouble65 Medium Load Member

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    Jan 11, 2009
    Ontario Canada
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    Does your wife drive? If she does then 16,000+ miles per month is possible. However if you are the only driver you can't do 16,000 miles a month legaly.
     
  10. Volvo780

    Volvo780 Light Load Member

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    Oct 9, 2010
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    My numbers for plates may be off a bite, but I know that they don't cost us $2000 a month. My wife handles all of that and yes she drives.
     
  11. Volvo780

    Volvo780 Light Load Member

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    Oct 9, 2010
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    Hey trouble 65, why do you think that plates are $1750 a month? We are based out of BC and have clean records.
     
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