Would going O/O even be worth it for me?
Discussion in 'Ask An Owner Operator' started by GettingRolling, Jul 26, 2021.
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Rideandrepair and GettingRolling Thank this.
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slow.rider and Rideandrepair Thank this.
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North East, based in western NY. The company that has the interesting deal does Auto Transport. It appeals to me a bit from what ive read but still gathering info.
Currently i am basically dedicated reefer but i never have to wait all drop and hookRideandrepair Thanks this. -
Load near you, deliver next day, reload back to house, thats not home nightly but its only 600 miles each way including deadhead, sooo, do that 2 x a week, home weekend and wed
Rates are high right now and that may be optimistic long term but more or less northeast pa to chicago and back is a decent turn.
Call it 2400 miles a week, 4 loads Lets lowball down to 6k a week, not your own authority lets call that 70% of load so, 4200 a week, 5 mpg at 3.15 a gallon gets you 1500 fuel cost, 1500 to you, 400$ a week truck/trailer payment(100k, 5 year loan), tolls about 150, insurance, 100 a week, leaves you just over 500$ a week maintenance etc etc.slow.rider Thanks this. -
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GettingRolling and Rideandrepair Thank this.
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Sounds like a great gig. I won’t bother telling you to go for it, or to discourage you. You’ll do whatever you decide to do. Now is a good time to do more research, saving, and planning. Keeping the knowledge ready for the right time. Might have to get deeper into it, to maintain your current pay. Things change in Trucking very fast. Every Company I’ve worked for has changed Operations, gone out of Business, Contracts and accounts change. If still around, don’t resemble what they once were. Nothing lasts forever. Only reason I bought a Truck. I needed to make $1000 a week, to live decently, and my Wife to be able to stay home. Weren’t many good Jobs available at the time. The Local Jobs paid $12 hr. OTR, .30 cpm. Couldn’t raise a family off that. Nows a great time to save, and focus on the future. True Freedom means having choices. You have a chance now to get ahead financially. Take advantage of it. The others always an option.
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