Prices have already dropped like a rock on used trucks. Like my 2017 t680 was listing at about 90 and is now at 50ish. Maybe they'll go down more, maybe it's a good time to pick up a deal.
Lease, but I want to get an idea of all the numbers as if it were my own authority so I know exactly what the costs I'm paying for are, in a 80/20 situation or whatever it is, if that makes sense.
Well, I think you're wrong, but at least you took the time to put some thought in to it. Keep after it. You're on the right path.
If you lease to an 80/20 reefer outfit make #### sure they have direct customers. There are some clowns out there offering 80/20 doing spot market freight, which makes no sense to do as a o/o.
You also left out the fees you will later pay for visits to a shrink.... Plus the money you will miss/lose out on...while in the shrink's office. -- Lual
I'm sure some guys may be able to pull it off, but in my world, a 50 week work year is a complete fantasy as an O/O. I do all of my own maintenance and repairs and could probably document 48 weeks of the year that I "worked" with OR on the truck, but as far as weeks of solid revenue generation, I don't feel that more than 45 or so is realistic - even for an extremely driven individual. I did the same fantasy figuring 50 weeks @ $xxxxxxx gross in my early planning as well.
FYI, truck and trailer payments that go toward the principle is not an expense but cash flow items. The financing costs are an expense. Truck and trailer depreciation is an expense but they do not affect cash flow. I myself do a breakeven cash flow per mile and operating cost per mile.
