my company is wanting to have their own trucks,what is a good operting cost figure?

Discussion in 'Ask An Owner Operator' started by goldwing daddy, Jul 25, 2008.

  1. goldwing daddy

    goldwing daddy Light Load Member

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    Mar 27, 2007
    Stuart,Florida
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    the company I work for is wanting to start hauling our own products and I need to figure out our operating costs per mile.I was thinking about $3.00 a mile. I reccomended a used truck about 50 to 75k. But I dont know what plates, ifta,prepass, insurance would cost. Also what items are required from the feds for regulations. It would be a "not for hire" as we will only haul our finished product. Any help is greatly appreciated. I will be the company driver but I only have 3 monthes experiance driving. Thanks again for your help.
     
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  3. RickG

    RickG Road Train Member

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    You might look into leasing with Ryder or Penske . They handle all the paperwork for IFTA ,etc . They keep the trucks well maintained an you get a replacement if the truck breaks down and goes in the shop .
     
  4. goldwing daddy

    goldwing daddy Light Load Member

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    Mar 27, 2007
    Stuart,Florida
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    would they only be day cabs? or are they new trucks? I need to figure out a cost per mile and would it be cost efective lease or purchase used?
     
  5. goldwing daddy

    goldwing daddy Light Load Member

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    Mar 27, 2007
    Stuart,Florida
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    rick also this would be otr mostly with a military contract for our vehicles that we manufacture we would be going from base to base
     
  6. RickG

    RickG Road Train Member

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    I worked for Eastern Seaboard Packaging in Orlando . They leased 3 single axle day cabs , a single axle sleeper and a straight truck . They got a couple of good deals leasing used trucks that had been turned in after a`2 year lease . One was a 600 hp Freightliner day cab single axle Michelin had leased just to test tires on their track . It had the best interior I ever saw in a truck . That was from Interstate National Lease .
     
  7. goldwing daddy

    goldwing daddy Light Load Member

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    Mar 27, 2007
    Stuart,Florida
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    rick I would like to have a sleeper because i will be taking a trailer with either our vehicles or a training trailer to train troops on repairing our vehicles in the field. could be in North Carolina 1 week and in Texas the next week.
     
  8. RickG

    RickG Road Train Member

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    That's where leasing pays off . You'll have reliable service facilities all over the country . When you own the truck and break down on the road you'll need a lot of cash and risk being ripped off.
     
    goldwing daddy Thanks this.
  9. goldwing daddy

    goldwing daddy Light Load Member

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    Mar 27, 2007
    Stuart,Florida
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    But how do used truck leases work? is it an open end lease? and/or can you walk away? dont want to be tied to a lease you cant get out of if trucks is constantly a problem, if it was a purchase you can just trade in to get out that truck.
     
  10. Markvfl

    Markvfl Road Train Member

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    Nov 29, 2007
    Apopka, FL
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    The OOIDA website has a good spreadsheet that you can fill in the blanks with fuel cost, insurance costs, payments, etc... plus the projected miles per year and it will give you your costs per mile. Get on the website then click on trucking tools, then look on the right column and you will find the cost per mile calculator.
     
    goldwing daddy Thanks this.
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