I'm looking into buying a truck through loan mountain and was figuring up my monthly expenses total for my house hold, truck,insurances, fuel, food.I figured on 10,000 a month for everything. If I did calculations right it comes out at like 333.33333 a day needed to do it. How do I get down to cent per mile and does this sound correct? Where could I go with 1 year recent experience ( been driving off and on since 2001) and lease on to make this kind of money with spare to boot of course? Thanks in advance for any experienced input..
Rate/mile ????
Discussion in 'Ask An Owner Operator' started by logans, Jul 12, 2013.
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you can do ten a month with mercer with your eyes closed and a week and a half off a month but You do not have enough experience.Just my opinion.
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How much are you going to pay your driver? Without him the rest doesn't matter.
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Just one idea.
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MrPlow Thanks this. -
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What trailer are you wanting to pull??? That will make a BIG difference to not only your income, but your expenses too. My expenses are higher than the average freight hauler with the same truck payment, but so are my earnings.
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I know you said fuel in there but I burn way more than $333 a day in fuel alone.
so from what I'm seeing you need to profit $2,500 a week after fuel, so if your making say $2/mi (just using this for a number) if you get 6mpg and fuel cost you $3.60 a gal that's $.60 cents a mile for fuel so you drive 2,000 miles a week $4,000 gross fuel to do that 2,000 miles would run you $1,200 take out your expenses @ $2500 that would leave $300 on the table -
I'm just a company man, so this is just a question.... but I was looking at crst's load board the other day and it seemed every load was right about $2, maybe a little less. .. but that was without fsc. So its possible that less of your mileage pay would be used for fuel, yes? Still tryin to learn this myself..
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yes in fact I'm doing a CRST load right now it's a 12 wide oversize when they called me on it first price offered to me was $2,600 for 1,000 miles sulphur,La going to Gary,In most drivers would of just booked it but not me I come back at him with $4,000 ended up at $3,600 and they covered the permits. Ill say this the fuel is broke down on my paper work and comes out to be $419.25. 80% of the loads I call on or see posted are under $2/mi in fact I don't like to call on loads with the price posted because they stick to that number.MNdriver Thanks this.
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shhhh.....you're giving away all the good tips.camaro68 Thanks this. -
In most operations by slowing down and optimizing fuel you should be looking at numbers closer to 7.5 mpg and .47 cpm for fuel. Thats over 13k a year back in the drivers pocket.
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