Possible to net 80-90k as owner-operator with only an F450? hauling anything

Discussion in 'Ask An Owner Operator' started by Random user, May 13, 2018.

  1. Random user

    Random user Light Load Member

    78
    44
    May 13, 2018
    0
    Title.

    Would have to pull their trailer. I would only have the truck.
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. ast26909

    ast26909 Medium Load Member

    408
    264
    Mar 1, 2018
    0
    It's possible but you would have to run hard in an area with lots of work. Do the math, driver 50 cent per mile, fuel + truck repair/maintenance 50 cents per mile, insurance $1000 per month, registration, fees, taxes... See how many miles you have to run to net 80-90k.
     
  4. Random user

    Random user Light Load Member

    78
    44
    May 13, 2018
    0
    3,328 miles per week, 173,076 miles per year.
    (.65 mile driver, 90k year after taxes)

    Seeming like a no for me with those numbers.

    On top of that I dont have a traier. Id have to hook up to their gooseneck/5th, deliver, then bring it back. May be worth getting my own at that rate.
     
  5. Old Man

    Old Man Road Train Member

    4,597
    13,470
    Apr 3, 2009
    Oklahoma City, OK
    0
    If you’re going to run those kind of miles you better just finance for two years. It will be slap wore out in 3 years and worth nothing.
     
    rank, spyder7723 and villageidiot Thank this.
  6. ast26909

    ast26909 Medium Load Member

    408
    264
    Mar 1, 2018
    0
    A new Dodge Ram 5500 is around $50,000 at 100,000 miles per year after 2 years the truck has 200k miles will be worth around $25,000 so it would cost 25 cents per mile for just the truck.
     
  7. grizzlyfreight

    grizzlyfreight Light Load Member

    53
    23
    May 12, 2018
    Los Angeles, CA
    0
    My good friend has a Dodge ram 3500 Cummins, and he has his own o/o hotshot company. I have seen his numbers he grosses 17-22k a month. But do understand that he has been doing this for a long time, and has lots of customers and barely has to go on DAT/truckstop to get loads. His loads average 1.75-2.25 a mile.
     
  8. GreenPete359

    GreenPete359 Road Train Member

    2,152
    5,101
    Oct 21, 2017
    Driving my recliner
    0
    Don’t forget a 450 is not designed as an otr truck. It’s not built to run 100+ miles a year. Imo you’re way better off with a class 7 or 8 tractor, something that can take the abuse. You could run a single screw day cab, they are kinda just over grown pick ups anyway.
     
  9. boredsocial

    boredsocial Road Train Member

    1,591
    2,493
    Apr 13, 2014
    Louisville, KY
    0
    +1 to buying a full size rig if it's financially feasible. I don't see many hotshots that have been around over a year. This isn't because hotshots aren't a viable business, it's because pulling a 48' flat or a 53' step is just way better. More money to the truck and vastly less work to dispatch.
     
  10. Random user

    Random user Light Load Member

    78
    44
    May 13, 2018
    0
    So is there a better chance I'll make it with a class 8 then ...
     
  11. boredsocial

    boredsocial Road Train Member

    1,591
    2,493
    Apr 13, 2014
    Louisville, KY
    0
    I mean you have to be a good truck driver. I'd definitely read Double Yellow's company driver to O/O thread completely. In this context I mean 'good truck driver' exactly the same way the company you work for now does. I mean can run a lot of miles without very many problems largely on time. Even when times are good as they are now newbies have a pretty short lifespan. It's a hard business.
     
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.