My numbers as an O/O leased to Crete

Discussion in 'Ask An Owner Operator' started by jdrentzjr, Jan 3, 2009.

  1. jdrentzjr

    jdrentzjr Road Train Member

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    John, following you will find your October 2008 monthly financial statement.

    In looking at the October financials, you are showing a Net Profit of $53,882 for
    the year-to-date period. This comes out to $0.435 cents per mile and is based
    on 123,959 paid miles. You are averaging 12,396 paid miles per month this year
    compared with 12,586 monthly miles you averaged last year. You were out on
    the road 272 days through the end of October 2008 (89% in service) and
    averaged 456 miles for each day you were out.

    Your maintenance expense for the first ten months of 2008 was $6,478 or $0.052
    cpm and your tractor supplies expense was $322 or $0.003 cpm. Together your
    variable tractor expenses remain right in line with expectations.

    Fuel costs averaged $0.583 cpm less fuel surcharge reimbursements of $0.446.
    This results in a net fuel cost of $0.137 which continues to be an excellent net​
    fuel cost.



     
  2. jdrentzjr

    jdrentzjr Road Train Member

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    John,
    Following you will find your November 2008 monthly financial statement. In
    looking at the November financials, you are showing a Net Profit of $60,225 for the year-to-date period. This comes out to $0.442 cents per mile and is based on 136,143 paid miles. You are averaging 12,377 paid miles per month this year compared with 12,586 monthly miles you averaged last year. You were out on the road 298 days through the end of November 2008 (89% in service) and averaged 457 miles for each day you were out.

    Your maintenance expense for the first eleven months of 2008 was $7,029 or $0.052 cpm and your tractor supplies expense was $542 or $0.004 cpm.
    Together your variable tractor expenses remain right in line with expectations.

    Fuel costs averaged $0.564 cpm less fuel surcharge reimbursements of $0.432. This results in a net fuel cost of $0.132 which continues to be an excellent net fuel cost.
     
  3. 1pissedoffdriver

    1pissedoffdriver Account Retired at members request

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    in the end ...

    You only bought a job....
     
  4. jdrentzjr

    jdrentzjr Road Train Member

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    Yes, but I'm the boss!
     
    1pissedoffdriver Thanks this.
  5. 112racing

    112racing Road Train Member

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    there is no question that if you get with a good company you can make more money but you can have more deductions as an owner -op like buying a pickup and writing it off but the main thing is i work when i want and only go where i want to go which is worth more to me than just the money:biggrin_25525:
     
    Sacred Feline and SheepDog Thank this.
  6. 112racing

    112racing Road Train Member

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  7. Big Country

    Big Country Light Load Member

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    Being your own Boss and saying when and where you go feels like a million bucks it's so SWEEEEEET!
     
  8. 1pissedoffdriver

    1pissedoffdriver Account Retired at members request

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    freedom is great but 99 cents a mile and going broke is another thing
     
  9. 1pissedoffdriver

    1pissedoffdriver Account Retired at members request

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    true and not true...

    the money these days dictates were you go....

    thats a fact....
     
  10. Big Country

    Big Country Light Load Member

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    JDrnetzjr those look like some solid numbers for the year even in a bad economy, its what you put into it that's what you will get back. Keep them wheels turnin and the money will always follow.

    Drive Safe for 2009!