My lease adventure

Discussion in 'Lease Purchase Trucking Forum' started by Crazytrucker77, Mar 16, 2018.

  1. Boardhauler

    Boardhauler Road Train Member

    1,481
    2,603
    Dec 21, 2008
    Ballin' in it for Shakey
    0
    I left about the time you got there. Living where I do just wasn't going to work on elogs, my truck was fresh out of warranty and scaring me.
    So I parked it and came back here. 500 HP in a brand new hood, paper logs, 2 full days @ home every weekend and randomly but regularly home during the week. I've been asked not to discuss last years earnings,, but trust me, I made more than you did, LOL. (I also get decent health insurance and paid vacation)
    But even with all that, I'm still making plans to bail and buy another truck. Why? My independence is worth it to me.
    It's purely my opinion, but I believe that 90% of o/o's could make more money as drivers. Some of us so value the independence and control that we pay the price, the rest are smoking better stuff than I can find.
     
  2. Boardhauler

    Boardhauler Road Train Member

    1,481
    2,603
    Dec 21, 2008
    Ballin' in it for Shakey
    0
    I'm sitting @ Wheeler Ridge, next to #2880
     
    Last edited: Apr 12, 2019
  3. spyder7723

    spyder7723 Road Train Member

    13,580
    19,857
    Mar 31, 2013
    sarasota, fl
    0

    Id definately make more money if i got a real job. The problem is they'd expect me to actually work more than half the year.
     
    Last edited: Apr 11, 2019
  4. Scooter Jones

    Scooter Jones Road Train Member

    6,829
    11,499
    Apr 19, 2011
    PNW
    0
    Yeppers, told a buddy of mine yesterday that even if my income was just commensurate with a company guy, I'd still choose my independence over that.
     
  5. highwayMike

    highwayMike Bobtail Member

    28
    9
    Jan 17, 2019
    0
    I’m parking money in my Whole Life insurance policy...
     
  6. highwayMike

    highwayMike Bobtail Member

    28
    9
    Jan 17, 2019
    0
    If it’s a true business CPA the speaking in front of IRS isn’t and shouldn’t be an issue. Just because someone gets audited doesn’t mean they are guilty of anything it’s just means they want you to explain more in detail because numbers aren’t matching. You have the wrong CPA if you expect them to lie for you.
     
  7. Crazytrucker77

    Crazytrucker77 Medium Load Member

    429
    371
    Nov 23, 2014
    Hermiston, OR
    0
    Well the truck is all fixed and ready to roll. The repair cost me $1,605. Now I just get to wait until Monday so I can get a load and start my week
     
  8. Boardhauler

    Boardhauler Road Train Member

    1,481
    2,603
    Dec 21, 2008
    Ballin' in it for Shakey
    0
    Shouldn't that be under warranty?
     
  9. Crazytrucker77

    Crazytrucker77 Medium Load Member

    429
    371
    Nov 23, 2014
    Hermiston, OR
    0
    Up to 300k miles and I am at 345K so that figures right lol. If I remember correctly the warranties on my truck are up to 500k on the drive train, 400k on emissions and aftertreatment, 300k on electrical. Don't quote me on that though.
     
  10. Crazytrucker77

    Crazytrucker77 Medium Load Member

    429
    371
    Nov 23, 2014
    Hermiston, OR
    0
    Just went over my last years numbers to figure out my costs again. All I can say is it's an eye opener.

    All miles driven 101,098

    Gross Earnings $196,804 CPM = $1.95
    Gross Expenses $128,070 CPM = $1.27
    Wage $ 45,000 CPM = $.445
    Net Earnings $ 23,734 CPM = $.234
    Taxes $ 8,703 CPM = $.086
    Total Profit $ 15,031 CPM = $.148
     
  • Draft saved Draft deleted