So you want to "own " your own company

Discussion in 'Ask An Owner Operator' started by NightWind, Nov 16, 2006.

  1. gokiddogo

    gokiddogo Road Train Member

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    I think they are 400-500 pounds. I have never had one. There is a website, I think on ooida, that lists all the states and most allow for a weight exception if you have a working apu. I don't know if that weight exception allows 400 pounds just on the drives or is just for the gross weight. Maybe someone on here can chime in on that. I remember cali and nc are 2 that do not allow. Almost all the others do.
     
  2. Autocar

    Autocar Road Train Member

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    Depending on mileage run per year and quality of the tires, you should get multiple years from a set of tires. I generally get about 100,000 on a pair of steers, over 400,000 on a set of drives and 200,000 on my trailer, which is a spread axle. At around 100,000 my steers start wearing funny, but are not worn out. I move them back to the trailer and run them out, then I have them capped with a good Bandag cap for spreads and run them out again.
    My total cost for tires, since 1/1/2005 has been $9038.50 and I run about 75,000 miles per year. Which works out to about 1 cent per mile, for me.
     
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  3. BigBadBill

    BigBadBill Bullishly Optimistic

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    Many people do and make money. It is just a matter of how much money you think is a good return on your investment.

    I have run the numbers running for a better paying fleet based on a $70k tractor with $7k down, after all expenses and maintenance fund I can get a better than 100% ROI. And that is straight before you start looking at tax filings. And if you get with the right company, for a fee they will even do the payroll for you. You just have to be around for repair issues and if a driver goes sideways.

    Even with that I thought it was too big a risk. One bad driver could cost you 10's of thousands in a short period of time.
     
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  4. MNdriver

    MNdriver Road Train Member

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    I have two vehicle ECM reports for vehicles I am considering. 04 T600 with NO APU and an 07 Century WITH an APU.


    04 T600 has 6636 hours of idle time 813K miles

    07 Century has 308 hours of idle time. 707K miles

    According to the DDEC report, someone had the truck up to 126.5 MPH back in 2008.


    Which would YOU rather have.
     
  5. rsconsulting

    rsconsulting Light Load Member

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    How many MILES?

    Rather have the T600 and PUT an APU on it (depending on mileage, tires. brakes, etc.)...

    Know hat doesn't help a whole lot - LOL...

    Rick
     
  6. SW Transport

    SW Transport Bobtail Member

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    as of right now i'm not quite ready for that. if i can actually put this together and have ACTUAL numbers, i will be more than willing to share what i've come across. i don't want to put my "guesstimates" out there as fact. in my opinion, you would be much better off contacting a few of the guys on here that are currently running trucks. i will continue to post what i'm coming across or what i believe would be a close guess as to what something cost, but please keep in mind all of my info is based off of theoretical scenarios...........for now :)
     
  7. SW Transport

    SW Transport Bobtail Member

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    i found a local insurance company on friday that will write both my truck insurance AND my workman's comp. he said my truck insurance should be around $7,000-$8,000 per year (which is $2000-$3000 less than OOIDA quoted). his quote for my workman's comp was a worst case scenario of $9.87 per $100. apparently NV is setup up a sliding scale that is capped at $36,000. if you make more thank 36k per year, the most the company pays is $9.87 per $100. if the driver makes $36,000 or less, the rate drops. so including fees, etc my annual workmans comp "bill" will be approximately $4,000 per. my initial up front money will be somewhere between 25%-40% down.
     
  8. G/MAN

    G/MAN Road Train Member

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    You can get an occupational accident policy that is comparable to workers comp for much less. OOIDA has several policies with a monthly premium for about $150 and they should not require anything other than the first month as a down payment.
     
  9. SW Transport

    SW Transport Bobtail Member

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    i can honestly say that i'm NOT surprised that CA is NOT one of the states that allows an exception to the weight restriction. that's just one more thing that shows this "green" movement is not about environmental green, it's about the "green" you can spend.........
     
  10. SW Transport

    SW Transport Bobtail Member

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    WOW!! that's fantastic! do you mind me asking what tires you are running? our trucks and tires don't get a fraction of what you are getting!