What should I Charge My Employer to Operate His Truck?

Discussion in 'Ask An Owner Operator' started by Blind Driver, Dec 17, 2012.

  1. Blind Driver

    Blind Driver Road Train Member

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    I approached the owner of the company with a deal. He has about 20 drivers at last count.

    He has a Pete that has been sitting outside for 2 years. My proposal was to get that Pete cleaned up, fix what is needed then run it. then I would buy it after a predetermined amount of time. It's a good looking truck and this would allow me to evaluate it before purchase. Eventually I will purchase his trailer or I will buy my own. I will be the mechanic of the truck for everything I can do myself.

    The deal I want, is to run his truck, his trailer, all under his authority while he does the billing and paperwork. After each delivered load and the paperwork is sent in, I want my pay to be direct deposited. Just like I get now.

    I will dispatch myself.

    I want 25% of load as my pay.

    What should I charge for dispatching myself?

    What would be fair after I purchase the truck and then the trailer?
     
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  3. windsmith

    windsmith Road Train Member

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    What would be a good arrangement for both of you would be 62% of gross paid to you, and you pay for fuel and tolls. That way it will be on you if you want to go a long way out of route or idle the truck 24/7. You should also negotiate weekly settlements. Per-load settlements can get messy.
     
  4. Blind Driver

    Blind Driver Road Train Member

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    I don't want it to be on me :biggrin_2559:

    I have no idea what kind of fuel mileage this truck is going to get. The owner is tolerant of a few engines that only get 4.5 mpg :biggrin_25521:. I would kick those trucks out of the fleet if they couldn't be fixed.
     
  5. windsmith

    windsmith Road Train Member

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    Well, it wouldn't be very fair to the owner if you were getting a flat 25% and were self-dispatch would it? You could make out very well by running 3000 miles per week for $4000 gross. You'd put $1000 in your pocket, and the owner would be in the hole. You need some skin in the game to level the playing field.
     
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  6. EZX1100

    EZX1100 Road Train Member

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    i am not understanding the financial aspect of this

    i like the idea of you buying the truck, and possibly the trailer and you handle all costs, or not?

    where is the incentive for him to sell you the truck?

    let me explain, lets say the truck is in decent running condition, but it is going to need some repairs here and there, who is responsible?
    how are you dispatching yourself under his authority? you going on the load boards? if you are doing that type of responsibility you are actually doing him a favor

    why not set a price for the truck, lets say $30,000. you will pay it off in one or two years, he will make all repairs but they add to the cost of the truck. at the end of the #30,000 plus reimbursement for repairs, its your truck

    and i would say for such a service, you should get 65% of what the load pays and you pay fuel and tolls
     
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  7. Blind Driver

    Blind Driver Road Train Member

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    ..........
     
  8. volvodriver01

    volvodriver01 Road Train Member

    What kind of truck? Year. make, model, engine, tranny, rears, tires?
     
  9. Blind Driver

    Blind Driver Road Train Member

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  10. fisher guy

    fisher guy Road Train Member

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    also what kinda loads are talking flat,van, what are we talking here how much expierence do u have what model pete if were talking a 379 and lets say u have a years expierence and ur pulling heavy van loads ur looking at 4.5 to 5.5 mpg tops it sounds to me u just want to start a lease purchase plan with ur boss if that is the case also remember there is certain tax implications u have to put in to account the list is endless we need details
     
  11. fisher guy

    fisher guy Road Train Member

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