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How did i do? 1st full yr as OO

Discussion in 'Ask An Owner Operator' started by Chris50, Dec 30, 2011.

Page 1 of 4
  1. Dec 30, 2011 #1
    Chris50

    Chris50 Medium Load Member

    347
    215
    Jun 21, 2010
    Florida
    0
    Since the yr has ended for me I am curious how i did vs some others if you can be somewhat forthcoming.. I drove 105,226 miles for the year. 38 weeks out give or take a few days. My net is 58259 minus repairs/maintenance which wasnt more than $5k. My truck is paid for. My taxable income should be around 23k after depreciation(19k), per diem(8-9k), and IRA contribution(5k) so I will get back some of the $8k in tax ive already paid. I pull for 1 of the big companies so i know my mileage rate is lower than it could be, its just very easy here and no1 bothers me. If you need to know which one goto my album below. Any feedback or job offers welcome:p

    chris

    http://s141.photobucket.com/albums/r75/christopher50/
     
    Chris50, Dec 30, 2011
    Chris50, Dec 30, 2011
    #1
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  3. Dec 30, 2011 #2
    " OPTIMUS PRIME "

    " OPTIMUS PRIME " Light Load Member

    201
    54
    Sep 2, 2010
    Driver Seat
    0
    First off, Congrads. on making it a full year, some don't even get that far.:biggrin_25514:

    IMO- You could have done the same if not better as a company driver without anywhere near as much hassal and plenty of home-time. You could actually have a life, and make those type of figures. :yes2557:Please don't get offended, just my opinion.
     
    " OPTIMUS PRIME ", Dec 30, 2011
    " OPTIMUS PRIME ", Dec 30, 2011
    #2
    TURKER Thanks this.
  4. Dec 30, 2011 #3
    rbht

    rbht Heavy Load Member

    888
    525
    Jan 23, 2010
    CT,NH
    0
    If your happy thats all that matters. To me thats low.
     
    rbht, Dec 30, 2011
    rbht, Dec 30, 2011
    #3
  5. Dec 30, 2011 #4
    blanco

    blanco Road Train Member

    1,221
    296
    Nov 20, 2009
    Gwinnett County, GA
    0
    before we start picking him apart, we need to know if you pull their trailers, drop/hook? Insurance, etc. You should also put aside some monies for truck payments should yours conk out on you. Even though its payed for, you really should take that into account.
     
    blanco, Dec 30, 2011
    blanco, Dec 30, 2011
    #4
  7. Dec 30, 2011 #5
    TennMan

    TennMan Road Train Member

    7,866
    9,658
    Sep 21, 2011
    Hazzard County Jail !!!!!
    0
    Maybe i read wrong but didn't he say out only 38 weeks, As a company driver he couldn't only work 38 weeks and net 58k. i'd say you did good if you're happy with it and got 14 weeks vacation this year..
     
    TennMan, Dec 30, 2011
    TennMan, Dec 30, 2011
    #5
    jamesd503 and Skip1965 Thank this.
  8. Dec 30, 2011 #6
    Chris50

    Chris50 Medium Load Member

    347
    215
    Jun 21, 2010
    Florida
    0
    My net is after ALL other expenses besides repairs/maint. .. I use the company trailers free of charge, about 70% drop n hook.. Im single, no kids, stay with family when off the road,and debt free for now so i saved enough the first 18 months to buy another truck if i wanted....Doing some rough figuring my take home was around 1450$ a week for the weeks i worked, doubt i could make that as a company driver without being a trainer or driving 50 weeks. I want to work less. 35 weeks this coming yr!!!!! thanks for all feedback

    chris
     
    Chris50, Dec 30, 2011
    Chris50, Dec 30, 2011
    #6
  9. Dec 30, 2011 #7
    the gambler

    the gambler Medium Load Member

    330
    245
    Feb 14, 2011
    Kentucky
    0
    What was your gross income before any expense?
     
    the gambler, Dec 30, 2011
    the gambler, Dec 30, 2011
    #7
  10. Dec 30, 2011 #8
    " OPTIMUS PRIME "

    " OPTIMUS PRIME " Light Load Member

    201
    54
    Sep 2, 2010
    Driver Seat
    0
    How much after REPAIRS/MAINT?
     
    " OPTIMUS PRIME ", Dec 30, 2011
    " OPTIMUS PRIME ", Dec 30, 2011
    #8
  11. Dec 30, 2011 #9
    Chris50

    Chris50 Medium Load Member

    347
    215
    Jun 21, 2010
    Florida
    0
    Gross isnt important, i dont want to get blasted for the low cpm i drive for lol
    You have the mileage and my net..I do get close to 7mpg avg.

    Repairs were less than $5000.00
    Clutch, couple tires, oil changes

    after tax return i should be close to 55000 net for the year, thats in my pocket!
     
    Last edited: Dec 30, 2011
    Chris50, Dec 30, 2011
    Chris50, Dec 30, 2011
    #9
  12. Dec 30, 2011 #10
    TennMan

    TennMan Road Train Member

    7,866
    9,658
    Sep 21, 2011
    Hazzard County Jail !!!!!
    0
    I'd say you were successful given your desires and th 14 weeks not working.... Good luck next year.
     
    TennMan, Dec 30, 2011
    TennMan, Dec 30, 2011
    #10
    SHC Thanks this.
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