How much is your payment?

Discussion in 'Ask An Owner Operator' started by Beaver9, Mar 4, 2022.

  1. Rubber duck kw

    Rubber duck kw Road Train Member

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    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.
     
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  3. supergreatguy

    supergreatguy Road Train Member

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    backroads, skipping scales taking full weighed loads, bouncing on credit cards to pay the electric bills, idk. I’m really not too knowledgeable on the reality of it, it just sounds like it might be a better situation, but I’m going to done trucking by the end of the year (going full time trading the market), so I’m biased to bs explanations and distance from the headache of owning trucks. I’ve luckily fed my family and done well, but I just can’t imagine staying the course with maintenance, fuel, rates, etc forever, so I just spew nonsense until the end
     
  4. Oscar the KW

    Oscar the KW Going Tarpless

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    Electricity isn’t free, and the cost of it will only go higher as demand goes up.
     
  5. Rubber duck kw

    Rubber duck kw Road Train Member

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    Yeah, nobody who thinks electric trucks are going to be cheaper to run seems to know how much electricity they're actually going to use. None of the electric truck fan boys seem to realize that an 8-10% cut in payload capacity is going to be an issue. All they see is "we didn't spend X amount of money on fuel so we 'saved' money." They don't even have an answer to how they plan on charging the existing number of trucks when the average time to charge will be a half hour. Nobody seems to realize the powerline it'll take to run that amount of juice to truckstops. In short this whole electric truck insanity is going to be hilarious to watch.
     
    supergreatguy Thanks this.
  6. supergreatguy

    supergreatguy Road Train Member

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    I do agree, I myself won’t be around long enough to make that transition, but maybe it works. I think the feeling of that old truck can’t ever be taken away, and when it does go, so does every person who represented the essence of that trucker personality. It will be sad to see, kind of like the extinction of try treasure hunters riding on ships.
     
  7. Brettj3876

    Brettj3876 Road Train Member

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  8. Siinman

    Siinman Road Train Member

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    Get a new one on order. It doesn’t get much better. Average 20 to 25k a year on mine.
     
    TallJoe Thanks this.
  9. Last Call

    Last Call Road Train Member

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    What a battery pack cost for this giant vibrater your promoting so hard ? and what's it gonna cost for a 10 hr recharge at 1 of Brandon's charging stations that he was touting about couple weeks ago that are still on the drawing board.. and now he's got WWIII starting him in the face so those are probably getting put on the back burner .. but maybe you can get a free recharge on your Tesla if you can figure out how to capture the radiation in the atmosphere from the nuclear warheads Putin lauchs
    I think them 4 Irish Genius's you pounded down are effecting your thinking !!!
     
    Brettj3876 Thanks this.
  10. JonJon78

    JonJon78 Road Train Member

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    What kind of truck?
     
  11. TallJoe

    TallJoe Road Train Member

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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?
     
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