How much money do ovwner-operators make per year??

Discussion in 'Questions From New Drivers' started by MoneyMike111, Jan 31, 2014.

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  1. stayinback

    stayinback Road Train Member

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    I grossed an honest $173,000 last year in 2013. (44 weeks)

    I pull a flatbed with my own authority working mostly with brokers.........

    this includes 6 weeks OFF for vacation/home repairs AND 2 weeks off for truck maintenance
     
    stayinback, Jan 31, 2014
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    albert l and unloader Thank this.
  2. Balakov100

    Balakov100 Road Train Member

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    Some guys are barely making ends meet.
    Some are barely making more than company drivers.

    There are also drivers bringing home $100k a year or more after expenses.
     
    Balakov100, Jan 31, 2014
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    stayinback and albert l Thank this.
  3. MoneyMike111

    MoneyMike111 Bobtail Member

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    That's BEFORE operating expenses and taxes right? And I assume you write off fuel, maintnence repairs, insurance, etc.???
     
    MoneyMike111, Jan 31, 2014
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  4. MoneyMike111

    MoneyMike111 Bobtail Member

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    100k before or after taxes???
     
    MoneyMike111, Jan 31, 2014
    #14
  5. joem61

    joem61 Light Load Member

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    Gross is business money earned net is money kept for personal use
     
    joem61, Jan 31, 2014
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  6. stayinback

    stayinback Road Train Member

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    Lets compare something here......

    Is it really worth working your tail off to gross $230-$250k per year as an independent? Think about it for a second

    After your expenses.....Your down to $100-%110k.........Then your down to $70-$75k after honest taxes.....

    I'll gross $140-$180k per year..After expenses im down to about $70-$80k per year...Then after taxes..Im over $50k..

    Im not sure its worth making that extra 20k per year to Kill myself...........

    Being that I know what it takles to make $250k per year hauling "freight".........You gotta be working a minimum of 50 weeks in that year GROSSING over $5,000 a week..

    Not many guys are grossing over $5k per week.......



    Now, Working 50 weeks out of 52 weeks will take Luck with your equipment..........(keeping it DOT compliant)... No Delays whatsoever(Weather-customers etc) and a patient family

    PLUS...The biggest fact of all... Its hard on the Body..It wears you out and without vacation time......Your in for a miserable life.



    Just the facts folks
     
    stayinback, Jan 31, 2014
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    blairandgretchen Thanks this.
  7. joem61

    joem61 Light Load Member

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    Your asking the wrong questions about taxes. Every one pays different amounts based on a thousand different scenarios
     
    joem61, Jan 31, 2014
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  8. stayinback

    stayinback Road Train Member

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    Thats BEFORE taxes......
     
    stayinback, Jan 31, 2014
    #18
  9. Lost and Confused

    Lost and Confused Bobtail Member

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    If you didn't spend so much time in the truck stop blowing all your money on the lizards then maybe you would make more.
     
    Lost and Confused, Jan 31, 2014
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    bigdogpile and blairandgretchen Thank this.
  10. Dryver

    Dryver Road Train Member

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    Gross means nothing, It is worthless when measuring success in any industry. I could make a million$ gross and still be bankrupt. Any time you see a trucking company advertising how much 'Gross$' you will make then they are hiding the real numbers.

    Net, Net, Net, after everything is paid how much did you have left?
     
    Dryver, Jan 31, 2014
    #20
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