Can a O/O gross $230,000 a year?

Discussion in 'Ask An Owner Operator' started by BDL TRUCKING, Dec 21, 2016.

  1. BDL TRUCKING

    BDL TRUCKING Bobtail Member

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    What are the advantages of your own authority? How does it work?
     
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  3. BoyWander

    BoyWander Road Train Member

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    What is adjust the overhead? And when you grease your truck do you use a grease gun and shoot it into the grease fittings where they are and then just spread it anywhere else that could use it?
     
  4. BoyWander

    BoyWander Road Train Member

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    I'm not getting my own authority. May never get it. Advantage is you get to keep 100% of the revenue. Disadvantage is you don't have a boss to pay you every week. You gotta bill your own customers. Wait for broker to pay. Or factor it for a fee.
     
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  5. nax

    nax Road Train Member

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    This makes me cringe....

    I've seen Swift & Schneider selling their fleet trucks at very decent prices. Would you grab one of those? Or go with Lone Mountain used?

    I know getting service records is key in all these options, but based on what you are saying, it's prolly best to go new (ouch)
     
  6. Old Man

    Old Man Road Train Member

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    Most fleet trucks are maintained just enough to make the trade cycle, nothing more.
     
  7. BoyWander

    BoyWander Road Train Member

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    Go look at Lone Mountain's used inventory. Many of them are indeed fleet trucks with approximately 475,000 miles and no more warranty left. Look at the 2013 Volvo 730's.
    Plus they want $66,000 for them. Way overpriced.
    They obviously came from a big fleet.

    One wonders why there are so many bad reviews about Lone Mountain, from people getting a used truck and having mucho problems right off the bat.

    At least their new trucks, the interest rate equates to about 2.1% on the new Volvo 780's, if you figure $130,000 + the 12% tax.
     
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  8. jinxutoo001

    jinxutoo001 Light Load Member

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    I'll stick with my paid for ole truck that I can do 90% of the work that needs to be done on my own.
    I could go get a brand new truck, but with e-logs coming in next year, the uncertainty with the economy, I think I'll be running away from trucking in December 2017.
     
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  9. OnPointTrans

    OnPointTrans Bobtail Member

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    Some of you are going to find this funny and hard to believe but I've been leased onto Prime going on 3yrs now and haven't grossed less than $220,xxx. Haven't netted less than $90,xxx. For some reason O/O have such a hard time believing that. I got Contractor of the Year my second year there (last year) so maybe it's just me. My buddy who trained me there does just as good but he owns his truck.
     
  10. T-BoneX

    T-BoneX Light Load Member

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    0_O

    what's your average rate per mile? $220,000 down to 90k doesn't seem like something I'd brag over unless you're inside a brand new 2017 Pete/Ken with all the bells whistles/chrome and your factoring those payments out of that 220k to get you to 90k.

    If that's the case, then I'm impressed.
     
  11. OnPointTrans

    OnPointTrans Bobtail Member

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    Of course those payments would be factored out.... Why wouldn't you?? Thats the point of gross/net. Also I said I haven't made less than 90k.
     
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