Glad I had the Patience.

Discussion in 'Ask An Owner Operator' started by sexyredhead, Feb 11, 2018.

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  1. Feb 11, 2018 #1
    sexyredhead

    sexyredhead Bobtail Member

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    Windsor,On
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    I took my time and researched everything I could about moving from an hourly driver at $28/hour to an owner. I wanted to go with my own authority but ended up with what I think is a better deal for ME. I decided to stay at the company I have been with for 4 years and do a power only percentage rate. It saved me $5000 in insurance to use there fleet insurance. I bought a 2007 Peterbilt 387 cash and just finished my first week and am happy with how it was. The runs are much better than the local too. I grossed $4381 on 1524 miles, Started Tuesday so really only 4 days. I averaged 7.1 miles to the gallon. I just wanted to put it out there for anyone to really do your diligence and study the industry to look for the best situation for them. I will update the ups and downs as I go.
     
    sexyredhead, Feb 11, 2018
    sexyredhead, Feb 11, 2018
    #1
    taodnt, Zaros, blairandgretchen and 3 others Thank this.
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  3. Feb 11, 2018 #2
    IluvCATS

    IluvCATS Road Train Member

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    Deleted
     
    IluvCATS, Feb 11, 2018
    IluvCATS, Feb 11, 2018
    #2
  4. Feb 11, 2018 #3
    sexyredhead

    sexyredhead Bobtail Member

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    Windsor,On
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    Deleted??
     
    sexyredhead, Feb 11, 2018
    sexyredhead, Feb 11, 2018
    #3
  5. Feb 11, 2018 #4
    IluvCATS

    IluvCATS Road Train Member

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    I knee jerked a neg comment because I thought you were trolling for referral bonuses. Then I reread it and realized I am wrong and you seem sincere. My apologies.
     
    IluvCATS, Feb 11, 2018
    IluvCATS, Feb 11, 2018
    #4
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  7. Feb 11, 2018 #5
    sexyredhead

    sexyredhead Bobtail Member

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    Jun 25, 2017
    Windsor,On
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    No probs. No time for trolling lol. I am a new owner operator and have a lot of learning to do.
     
    sexyredhead, Feb 11, 2018
    sexyredhead, Feb 11, 2018
    #5
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  8. Feb 11, 2018 #6
    tnpete

    tnpete Medium Load Member

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    Way to go and may it only get better. And you may well find, this was the right thing to do. I know was checking into Insurance and stuff myself. And may well have to start out the same way.
     
    tnpete, Feb 11, 2018
    tnpete, Feb 11, 2018
    #6
    sexyredhead Thanks this.
  9. Feb 11, 2018 #7
    Snailexpress

    Snailexpress Road Train Member

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    Glad to hear you have good start. Don't waste your "big easy money". There is another side in being an O/O.
    Just some small things - engine overhaul, tires, oil fuel.
     
    Snailexpress, Feb 11, 2018
    Snailexpress, Feb 11, 2018
    #7
    sexyredhead Thanks this.
  10. Feb 11, 2018 #8
    homeskillet

    homeskillet Road Train Member

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    Best of luck. I crunched the O/O numbers many years ago, and for me it wouldn't work. I love being able to park someone else's headache and go home.

    Still, some days I dream about having my name decaled on the side of my own truck. But I'm in love with the idea of it, not the reality. I've driven for O/O's, and I've seen what it takes, which, of course, you already know. Rubber side down, driver.
     
    homeskillet, Feb 11, 2018
    homeskillet, Feb 11, 2018
    #8
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  11. Feb 12, 2018 #9
    sexyredhead

    sexyredhead Bobtail Member

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    Jun 25, 2017
    Windsor,On
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    Thanks Snailexpress. NOOOO extra spending lol. I got all my bills in order before I started so I only need $600/week to live pretty well. Engine had an inframe 60,000 miles a go so fingers crossed, and yes fuel grrr. Even with a fleet discount $3/gallon is ridiculous around here.
     
    sexyredhead, Feb 12, 2018
    sexyredhead, Feb 12, 2018
    #9
  12. Feb 12, 2018 #10
    gokiddogo

    gokiddogo Road Train Member

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    Off to a good start.
    $4381 is your cut after carriers cut? And you're power only for now?
    For reference on fuel discount my price at Windsor husky today would be 1.11 all taxes and hst included.
    7.1 is very good for this time of year.
     
    gokiddogo, Feb 12, 2018
    gokiddogo, Feb 12, 2018
    #10
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