Paying $80,000-90,000 for a 2016 semi truck with 800,000 miles?
Discussion in 'Ask An Owner Operator' started by scoobertdoo, Oct 27, 2021.
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Rideandrepair and TallJoe Thank this.
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Rideandrepair Thanks this.
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Mid September a 2021 Cascadia with 92k on it went for $212k at auction in Sioux City.
Rideandrepair, RedForeman, Midwest Trucker and 2 others Thank this. -
Just curious.
Are your rates reflecting this increase in a fixed cost like the price of the tractor, the finance and insurance costs?
Combined with higher maintenance costs (including downtime for unavailable parts or mechanics)
And add higher driver wages if you employ them
And usually there is no fuel surcharge on the rate sheet for broker loads, the rate is the rate, negotiate from there.
I'll bet you cover some of the increases but not all of them.Rideandrepair, shooter19802003, dwells40 and 1 other person Thank this. -
... can't wait to hear the replies to this
Rideandrepair, shooter19802003 and Studebaker Hawk Thank this. -
Rideandrepair, shooter19802003, Studebaker Hawk and 1 other person Thank this.
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Rideandrepair, shooter19802003 and Studebaker Hawk Thank this.
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Rates on lanes are determined by the market, not by an individual carrier's cost side sheet.
If fuel, parts, labor etc. go up, it will be reflected on the market as an aggregate change - concerning everyone but then the rates may still not go up because there is not such a thing as an agreed consensus of what the profit margins should be. In the simplest example, some people are happy to be left with $500-700 per day after fuel, some others need $1000-1500 or more. Also, Someone's cost are higher than others etc.
Fuel is just a part of the equation.
As an example, I will not stop running, e.i. refuse to haul for less than I do now because someone has his "fixed" costs much higher than I do and his break even rate is 2.5 dol per mile, while mine is for example 1.20 or so.
Sorry but the spot market is not a union but competitive business and there is no room for solidarity.
If someone wants to unionize the spot market, I am all ears.Last edited: Nov 3, 2021
Brettj3876, Rideandrepair, shooter19802003 and 1 other person Thank this. -
The costs of driver wages ( your own ) calculated at the current market for a good driver (which you are) is in the neighborhood of $.60 per mile plus benefits. Current fuel costs are right around $.50 a mile. That leaves cost of vehicle, insurance, maintenance, parts, tires, food, the usual other expenses not in the equation.Rideandrepair Thanks this.
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