Diesel mechanic here, not an O/O myself, but I'm around owner-operators constantly and it's the same story every time: guys have a rough idea of what a mile costs them, but not a real number, and then IFTA quarter turns into a scramble pulling it all together.
Genuinely curious how the rest of you handle it - notebook, an app, a spreadsheet, something else? And is it actually working for you, or just good enough?
What do you actually use to track your real cost per mile?
Discussion in 'Ask An Owner Operator' started by DieselDeck, Sep 14, 2026.
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I use a calculator and math from 3rd grade. It works well.
Tell us about all your diesel mechanic knowledge.BigRedSA, Star Rider, rollin coal and 6 others Thank this. -
Spread sheet and basic math
when I first started out it was just chicken scratch on note paper, kind of wish I had a better system and tracked a little closer but live and learnStar Rider, blairandgretchen and Arctic_fox Thank this. -
Guilty.
Star Rider, blairandgretchen and abyliks Thank this. -
Basic spreadsheet for me and all the costs I keep up with throughout the year, usually tallied at tax time unless there's some reason to look at it more than once a year. Usually there isn't.
I didn't do mine at tax time this past year so I just did it while waiting at this slow a@@ dock. $1.97/mile total expenses including salary.
Good thing I'm not running $2/pm freight but if I was I'd still be in the green, barely. -
When I started I used a notebook and pencil.
Now, I use a notebook and pen, hahaha -
Profit gauges. Like a spreadsheet for dummies.
What do diesel mechanics use to calculate profitability - book hours vs actual hours etc?86scotty and Star Rider Thank this. -
Good question. Most shops bill book/flat-rate time (customers expect it, industry standard), but that's not the same thing as knowing if a job actually made you money. If a job books at 3 hours but takes 4.5 because of a seized bolt or a wrong part showing up, it looks fine on the invoice and it wasn't. The guys who do well track actual hours against what they billed, not just the book number. Parts markup matters too - a lot of independents underprice parts because they're only thinking about the tool cost, not the tax/liability/carrying cost of stocking them.86scotty and blairandgretchen Thank this. -
A pencil, a calculator, the odometer and the gallons on the fuel pump. Then you expand to your other expenses both fixed and variable. No 2 months come out the same.
Deere hunter and blairandgretchen Thank this. -
What does the price of your tools have to do with parts markup?
If you are actually a mechanic you already have the tools and in no way have anything to do with the markup on parts.
Something is starting to smell funny.
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