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Aren't there any GOOD liars left on the planet anymore?
I had to learn things the hard way....not that there's anything wrong with that.
I just hate seeing bad things happen to good people.
Ok, I will respond to Turbo Trucker, since I am the one with the original post of making $72,000 and running 161,000.
All I said was true and I can back it up with my Prime Statement that shows gross amount and net. I'll see if I can scan it and post it. I am home this weekend cause my daughter made the state finals in swimming and I didn't want to miss that.
To all you newbies out there: money can be made in trucking, but you have to run...not speed, run; get good fuel mileage, get continuous freight, and do it day after day.
Get out your calculator: here is an example...
161,000 miles divided by 6.5 mpg = 24,769 gal
24,769 gal x $2.50 gal = $61.922.50 a year for fuel @ 6.5 mpg
Now if you idle your truck and go faster than 64 mph you can expect about 5 mpg or so. So let's change the figure 6.5 mpg to 5.2
161,000 miles divided by 5.2 mpg = 30,961 gal
30,961 gal x $2.50 gal = $77,402 a year for fuel
The difference is $15,480 a year (in my pocket, not yours)
Also, I made about $5,000 a year for tarping ($50-$75 per)
$5000 divided by $50 = 100 tarp jobs estimate
So, hopefully you can see where money can be made and how I made mine. One more thing: fuel surcharge: we get about 26% of the run for surcharge (it varies with the national average of fuel) and Prime has a guaranteed amount so if the customer doesn't pay it Prime will make up the difference.
Linehaul + fuel surcharge = $1.26 mile average X 161,000 = ???
Yep, over $200,000 gross yearly.
Now I don't really care who says what on this site, but I am a real driver home for my kid's swim meet and I just gave you the formula for making money... check my figures against being a company driver and getting $50,000 a year (and getting paid $10-$15 to tarp a load) and you can see how it all fits together....
Company driver: 135,000 miles a year @ .35 per mile = $47,250 year
Now I don't pay health insurance because I am retired military (that helps alot) but I do pay dental @ $15.00 a week.
If my figures are in error, please advise....
I live in McKinney Texas, just north of Dallas, I was officially home 50 days last year, and ran thru the house quite of few times (under load). There is a place to park at hiway 121 and 75 and I live about a mile from there.
But, you are right, I am gone alot.
$20,000 extra a year will pay for my house in 4 more years then I am done. All bills paid, $20,000 yearly in USMC retirement going to my account and I can work at Home Depot or something to keep the boredom away.... my wife wants to buy an RV and do that, who knows then?
All I know is I have a plan and I am working that plan.
My husband just started with prime and has to be with trainer for 20,000 miles because he is going to company driver division and only had 6 months exp. He has been looking at doing lease program with them and i have read on here good and bad things about it. Would like for someone doing lease with prime now to tell me about it. I have read what Slick50 has said and would like to know if you are still with them. Any info would be great! Thanks!!!
Yes, I'm still with Prime. I am an O/O now and doing just fine. I used my bonus plus some savings (aquired while at Prime) for a downpayment. My weekly fixed cost is now $525 vs $925 for a lease deal, so I'm saving $400 a week more than usual. I believe this is the way to go. Get 72% pulling their trailers (no trailer rental) and lots of Prime quality freight. I'm always looking for a better deal but haven't found one yet. Prime is not for everybody; they are sort of an Owner/Operator company which provides the truck through a lease (not lease purchase). Leasing is expensive (much more so than buying) but you can get into a brand new truck with no money down and run your business and go from there. Most who fail at Prime do not have a business mind-set and should only be company drivers; so if you want to be an O/O someday and want to see if you have what it takes, Prime is the place to start. But, if you don't want responsibility and just want to run down the road, you can be (should be) a company driver (Prime has those too).
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