Three years of own authority costs combined.

Discussion in 'Ask An Owner Operator' started by TallJoe, Dec 25, 2019.

  1. daf105paccar

    daf105paccar Road Train Member

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    Because they buy them cheap,real cheap.
     
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  3. spyder7723

    spyder7723 Road Train Member

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    Not long ago averaging 7 mpg was a real feat.
    Plus it's all relative. A guy that runs over 100k miles a year is going to see a much larger impact in fuel costs by getting 8 mpg vs a guy like me that puts less than 50k miles a year on the truck and averages 7 mpg. The benefit of gaining 1 mpg for me isn't worth the costs to gain that 1 mpg.
     
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  4. Midwest Trucker

    Midwest Trucker Road Train Member

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    That's nuts. I pay under $1000/yr for property taxes on my home.
     
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  5. spyder7723

    spyder7723 Road Train Member

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    Large cities like Chicago and NYC are just ridiculous. Home values 3 times what they are worth and ridiculous taxes in top of it. I'd much rather live near smaller cities. Lower cost of living, lower crime rates, better schools, and best of all less people.
     
  6. TallJoe

    TallJoe Road Train Member

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    That's why nobody retires here. Every retiree sell out their properties and move out to Texas, Arizona or best Florida.
     
  7. Midwest Trucker

    Midwest Trucker Road Train Member

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    I wondered about that. Right now im on a 5/yr 500k plan and curious how these big outfits trade at 275 to 350k miles. I guess though if your getting even 20% off then that makes it much easier. Im paying 145k for new trucks. If I could get them for 115k id buy every 3 years as well!

    I actually just had my first new truck break down today of all times. The fitting that comes out of the heater core broke off and dumped all the coolant. Of course, nowadays the fittings are plastic. (bangs head on wall). Between 2 road calls and a repower its costing me $2700 on a $2800 load. Truck is at 2 yrs 227k miles. Oh well, what you gonna do other then get stressed out on a Sunday trying to please a long time broker customer on a hot load. Thank God they were paying round trip rate or id be screwed on the money.
     
    Last edited: Dec 29, 2019
  8. Midwest Trucker

    Midwest Trucker Road Train Member

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    Amen.
     
  9. TallJoe

    TallJoe Road Train Member

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    Condos are not much better either: 1200 SF in Palatine or Arlington Heights - 3-4K in taxes + 4-5K in association fees.
     
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  10. seagreg

    seagreg Light Load Member

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    The Section 179 deduction is how a some of companies roll their fleets so often.

    A tractor that costs $159,000 @ 32% tax bracket only costs you $108,120 after the tax savings. You will often see a truck with ~300K on it for sale for about $114,000. Sure they have to eat the cost of FET etc... but if you have the capitol you can swap trucks for almost free during the good years. We will see how that works with the drop in used truck values.

    It is a good deal for those who have the capitol.
     
  11. stayinback

    stayinback Road Train Member

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    And thats where?

    Sure you can get away with under a grand a year with no municipalities....No neighbors, No Filtered water and No sewer lines taking away matter far from your property..

    Gravel Drives- 50 amp service- old windows and doors, ...goes on and on.......

    I pay $7500 a year, Worth it to me, Plus another 6500 a Year for Commercial property.

    My Home is paid off- But its still expensive to live
     
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