Bottom line, is this accurate?

That's the jist of things.

 

I'd actually add more on the maintenance roll back. ####s getting expensive again

 

Plus, are you in any way accruing equity in the truck with all the lease payments? Where are your tolls? Fixed truck costs may be a little high depending on what you have in there. Also any in there for unpaid OOR miles, or unpaid empty miles (going home)?

But most places have the FSC fixed to where as long as you can run above 6 MPG your fuel will be about $1.20 gallon but any fuel discounts that may or may not kick in can greatly affect this, too.

 

Why do you think there are so many lease trucks with ~40,000 miles, 100,000 miles etc. Hard to be successful with it, when the decks stacked in the houses favor before you sit down to play

 

And a few of the third party lease companies can and do actually charge lessees for excess miles! (generating more miles then they anticipated it would have at trade in)

 

Bottom line is they have the numbers jiggered to where you must run hard and you must run hard for at least 48-50 weeks a year and not have any unforeseen incidents (with family or the truck) ... and this gets you to a modest $45k salary and break-even on the truck side. But if the freight is not there one or 2 months, or you have to take a month off due to health or truck crash or blown engine issues, you're looking at potential bankruptcy real quick in either of those scenarios.

It's scary and it all depends on the pay model and the freight availability that you can find. Too many variables, that all come back to put the trucker at 100% liability (risk) if/when things go south.