How do you figure? Electric otr trucks will be too heavy to be useful. They'll be 7-10k pounds heavier than a regular truck. Locals will zone the truckstops to prohibit them driving up the local cost of electricity. How much do you pay for electricity a year for your house? An electric truck is going to use the same amount of electricity as the average house does a year once every week or so, that's one megawatt a week per truck.
How much is your payment?
Discussion in 'Ask An Owner Operator' started by Beaver9, Mar 4, 2022.
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Short Fuse EOD, bzinger and Rubber duck kw Thank this.
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supergreatguy Thanks this.
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Truck payment 0
Trailers 640bzinger Thanks this. -
TallJoe Thanks this.
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I think them 4 Irish Genius's you pounded down are effecting your thinking !!!Brettj3876 Thanks this. -
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Used: more breakdowns and more downtime, higher preventive maintenance, lower or eventually no payments, lower insurance.
New: in theory, no or negligible breakdowns, minimal or much lower preventive maintenance, high payments, high insurance, better mpg(?!)
The problem with higher payments in exchange for the supposedly better truck reliability is that no matter what the rate situation is, you still have to make them, whereas a paid-for truck can sit on the lot.
Time duration of lower e.i. hard to accept as "doable" rates usually last longer than the higher rate times. In this case, we have had a pretty good run for 20 months now.
The next downturn may not be as catalytic as those we've seen before because a lot of small fleets and individual owner-operators hedged themselves with PPP and EIDL money, therefore, it may take much longer than what it used to be with previous down cycles before enough of the herd will be slaughtered so that it becomes less crowded and there is room for another revival.
So, in anticipation of slim times, how many months can you last with honoring your new truck payment, and not working for rates below your threshold? Do you have enough cash to bail yourself out when the national average for the dry van will drop down to 2.05 or less per mile for a year or two?shooter19802003, bzinger and MiFamilyGuy Thank this.
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