And then I am just the opposite, Personally I would rather make the big bucks and work 3 or 4 months a year.
Doing my due diligence
Discussion in 'Ask An Owner Operator' started by eightballwoody, Jul 19, 2019.
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So those of you doing it locally. What are you clearing weekly if I might ask?
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Everybody will be different, it depends on where what kind of freight, what kind of trailer, how many trucks are in the same game. etc. I can tell you the houston area at one time was tough for most kinds of trucking local, but have not lived there in years. Back in the 80's when the oilfield shut down, truckin got super cheap there.
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Ya. I know everybody will be different which is why I am inquiring about specific testimonies. I know a guy a work with who says its absolutely the way to go. And the money is good.
It's kinda funny though. I have been reading quite a bit online lately about the pros and the cons. With all the things people say is bad, there are still a TON of o/o trucks running around. It obviously can't be that bad. -
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Depends alot on what you do and the hours you work, but most local guys would consider $3,500-$4,000 a week decent.
Some jobs you might make up to $5,500-$6,000 but it will be seasonal and not last long.
Fuel of course is your biggest expense probably run about $1,200-$1,500 a week.
Obviously those numbers are a wild guess somewhat depending where you live and what you haul. The best ratio I have heard is you get to keep one third the money your truck makes. That's fairly accurate. The rest better go to business account and expense to stay afloat. -
I can live with 1k per week in my pocket after expenses, taxes and etc. I don't have to worry about health insurance since my wife has benefits with her job. If I lease on to a company, wouldn't there fuel break help me save money?
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Buy a pre emissions truck, save thousands a year on repairs.
ChevyCam and Intothesunset Thank this. -
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Sure, you see a lot of them around but check in two years and see how many are still operating. -
I just get the sense that nobody wants you to be an o/o unless you have 50k in the bank after you’ve secured your truck other things lined up. Well, obviously in a perfect world, that would be ideal. Unfortunately, we don’t live in Disneyland. I can tell you this, if I was able to save that kind of money, why would I stop what I’m doing? So maybe the reason isn’t money. It’s do I want to keep pushing a hand truck in 20 years. And before you say you can do it, tell me how much food service your doing now.
Gearjammin' Penguin and starmac Thank this.
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