My numbers as an O/O leased to Crete
Discussion in 'Ask An Owner Operator' started by jdrentzjr, Jan 3, 2009.
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BigJohn54 Thanks this.
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My YTD (year to date ) numbers as of the end of July are as follows:
Total Miles: 83,361
Revenue : $117,017
Fixed Expenses: $17,434
Variable Expenses: $59,107
Net income Before Taxes: $40,475
Taxes Due: $8100.00
The high tax estimate is due to no more depreciation on truck. Also I have one more truck payment and it's all mine! Having a truck payment and no depreciation is not a good thing. I had planned to have the truck payed off atleast six months ago, but the bad economy and low miles in '09 along with about a months worth of unplanned timeoff depleted my savings and I've been playing catch up every since. The good thing is that even with this strain I'm still able to pay myself a decent wage and keep up with truck expenses. I expect finances to be better once I make the last payment.Last edited: Sep 15, 2011
bullhaulerswife, BigJohn54, Dryver and 2 others Thank this. -
So then buy a trailer and depreciate that. LOL
Congratulations on the LAST PAYMENT!! Woot Woot! -
bullhaulerswife Thanks this.
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My YTD numbers through the end of Sept. :
Miles 108,646 incl. 7.99% deadhead
Gross Revenue $152,322
Net Income $54,517 - $10,900(estimated taxes)
The truck is now paid for and has 770,000 miles. I'm averaging 7mpg YTD.
If anyone is interested,,,,It is for sale at $25,000. -
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I'll be on a new company gig. Hate to let it go but this opportunity is to good to pass up. Especially for where I live.SHC Thanks this. -
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My truck still has plenty of miles left in it, so if this opportunity doesn't pan out I'll soldier on as an O/O.Dryver Thanks this.
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