First off thank you for any and all feedback. Let me give you some criteria to work with if you chose to reply.
(1.) I am willing to run over the road hard with no restrictions. Such as needing to be home on the weekends or X amount of days a month. I will live in the truck year around with an occasional motel room. I have no primary residence to return to.
(2.) I have no wife and kids or family baggage. No one taking my money as I earn it on the road.
(3.) No mortgage, lease, car payment, or debt anywhere. My only cost throughout the year is operational cost of the truck and what I spend on the road.
Please use this criteria if you reply with income/cost examples.
1. My Gross income range?
2. My Operational cost of the truck?
3. My Realistic personal cost on the road?
4. What would I have left to save by the end of the year?
O/O yearly gross income? / What will you clear after all your cost?
Discussion in 'Ask An Owner Operator' started by Big Shimy, Feb 4, 2020.
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To many things left out to give you an good answer.Are you gonna pull a van,flat,tanker,etc as rates are different for each.Also are you getting your own authority or leasing on to a company?where you gonna run all 48?The rule of thumb is to try and keep at least half of your gross after all expenses.
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Coffey Thanks this.
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Not nearly enough information to make even a wild guess.
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So there is that simple, universal idea for buying a truck and hauling goods for money.
ill conceived notion of living a road monk life to help the efficiency of it is popular too.Dale thompson Thanks this. -
Trucking is not easy to make money as O/O because everyone on the road is willing to run just as hard. All you have to do is look at the rates per mile. Then figure out your cost per mile. See if you have any money left over. You get a low MPG you make less money. Some guys like the long hood trucks. Those are expensive to run. You might want a truck spec for MPG. It's very long list how to make money or lose money.
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I do the same myself , no kids, no wife, no house, spend all my time in the truck , i leased on with a company back in november and let me tell u its a tougher game than u think . Working twice as hard and making about the same. Everybody thats running the spot market is struggling right now .
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1. Will do all 48.
2. Will lease with a company.
3. Pulling a Van.
4. One last thing let's say your tracktor is paid off.
Would you still net 50% of your gross?
I was told 200k-250k gross a year is realistic. If after all my cost. I could save and invest 75k-100k or better I would be thrilled. I don't know if these numbers are accurate? -
D.Tibbitt Thanks this.
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Poor guy! Not one of you have told him how much money he can make. You all must not want the competition
Last edited: Feb 4, 2020
Keithdabarber, ronslam, kemosabi49 and 1 other person Thank this.
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