Yeah I have a high truck payment....came i. the business a little wet behind the ears. I should've bought an older truck and paid it outright
Dry Freight has me in the RED, Any advice???
Discussion in 'Ask An Owner Operator' started by Owner-Op 860, Feb 12, 2016.
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My running costs is 93 cents per mile
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What did you average for all miles last month revenue wise?
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Dry freight is not high dollar freight. Fuel mileage can make or break you. Being efficient is also important. Also you should not go into business with a lot of personal debt. More research should have been done before buying a truck.
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I didn't have any personal debt at all when I went into business. In fact I had a rather large capital at the start, but with all of the expenses and the rates dropping, and I had a few breakdowns that were unexpected to be that expensive...my high pressure fuel pump went 6 months after I bought my truck and it cost me $11k plus down for a week to fix...Oh and my truck has been in the shop since Monday as I'm typing this and they don't know what's wrong with it!!! SMFH
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Sell that truck asap even for a loss and consider yourself lucky. Buy a 98-99 truck with 12.7 detroit and the only 11k you'll spend again will be for a whole engine inframe
ramblingman, areelius, mp4694330 and 1 other person Thank this. -
It's 2009 Freightliner Cascadia with a Detroit DD15 engine
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First thing you should do is find a fuel card provider where you can pay 0.40 or so less than cash price. Fastest way to cut a bunch of money off your operating cost.
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Trade your truck for something that takes def. Dpf only trucks really did not perform well at all.
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Don't confuse that Mercedes engine with a series 60 Detroit. Unless you live in Cali, it would be wise to go to at least a 2007 truck, but preferably a 2003 or older. You could also buy a new glider with a rebuilt pre-emission engine. For $10k I can do a complete inframe with new head, turbo, injectors, etc and I get 7mpg in a brick of a truck without trying.
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