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Thread: What is the break even point for an owner operator?

  1. #1
    charged is offline Board Regular charged is an unknown poster at this point.  Don't let him/her around power tools just yet.
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    Default What is the break even point for an owner operator?

    Lets take an owner operator that has the following monthly expenses:

    authority $100
    road taxes $500
    maintenance $1500
    other?
    truck and trailer payment $2000
    insurance $700
    phone $100
    internet $50
    load boards $100

    no tolls
    no oversize loads
    no parking
    figure gas at $4/gal and mpg at 6mpg including idle time
    figure he runs 8k miles/month


    What does this driver have to make per mile to break even? $1.30????

    edited to add in expenses and break even # in red

  2. #2
    BigDiesel is offline BANNED Rookie BigDiesel is an unknown poster at this point.  Don't let him/her around power tools just yet.
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    Default Re: What is the break even point for an owner operator?

    Quote Originally Posted by charged
    Lets take an owner operator that has the following monthly expenses:

    authority ?
    taxes ?
    maintenance ?
    other?
    truck and trailer payment $2000
    insurance $700
    phone $100
    internet $50
    load boards $100

    no tolls
    no oversize loads
    no parking
    figure gas at $4/gal and mpg at 6mpg including idle time
    figure he runs 8k miles/month


    What does this driver have to make per mile to break even?
    Looking for others to do YOUR homework I see....

  3. #3
    Rev.Vassago's Avatar
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    Default Re: What is the break even point for an owner operator?

    Quote Originally Posted by charged

    What does this driver have to make per mile to break even?
    $5,000,000,000.74

  4. #4
    charged is offline Board Regular charged is an unknown poster at this point.  Don't let him/her around power tools just yet.
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    Default Re: What is the break even point for an owner operator?

    Quote Originally Posted by BigDiesel
    Quote Originally Posted by charged
    Lets take an owner operator that has the following monthly expenses:

    authority ?
    taxes ?
    maintenance ?
    other?
    truck and trailer payment $2000
    insurance $700
    phone $100
    internet $50
    load boards $100

    no tolls
    no oversize loads
    no parking
    figure gas at $4/gal and mpg at 6mpg including idle time
    figure he runs 8k miles/month


    What does this driver have to make per mile to break even?
    Looking for others to do YOUR homework I see....
    I was hoping you would prove yourself wrong.

    I can add it up for you.
    Let's say the expenses are $2950/mo(expenses for which I have costs listed) plus $5333 fuel.
    He only needs to make $1.04/mile.

  5. #5
    Fredog's Avatar
    Fredog is offline Senior Board Member Fredog is a trusted source of information and would probably pick up your dry cleaning. Fredog is a trusted source of information and would probably pick up your dry cleaning.
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    Default Re: What is the break even point for an owner operator?

    Quote Originally Posted by charged
    Quote Originally Posted by BigDiesel
    Quote Originally Posted by charged
    Lets take an owner operator that has the following monthly expenses:

    authority ?
    taxes ?
    maintenance ?
    other?
    truck and trailer payment $2000
    insurance $700
    phone $100
    internet $50
    load boards $100

    no tolls
    no oversize loads
    no parking
    figure gas at $4/gal and mpg at 6mpg including idle time
    figure he runs 8k miles/month


    What does this driver have to make per mile to break even?
    Looking for others to do YOUR homework I see....
    I was hoping you would prove yourself wrong.

    I can add it up for you.
    Let's say the expenses are $2950/mo(expenses for which I have costs listed) plus $5333 fuel.
    He only needs to make $1.04/mile.

    what about his house and his car and his food and his kids expenses and his pets expenses is someone else paying all that for him?

  6. #6
    Rev.Vassago's Avatar
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    Default

    Again, you've left out so very much.

  7. #7
    charged is offline Board Regular charged is an unknown poster at this point.  Don't let him/her around power tools just yet.
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    Default Re: What is the break even point for an owner operator?

    Quote Originally Posted by Fredog
    what about his house and his car and his food and his kids expenses and his pets expenses is someone else paying all that for him?
    I'm not interested in what it takes to run a household or pay for food or anything else. Just the break even to run a simple flatbed.

    Some people have multiple incomes. Could be they own a seperate business or they are married to someone who can pay the personal expenses.

  8. #8
    charged is offline Board Regular charged is an unknown poster at this point.  Don't let him/her around power tools just yet.
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    Default

    Quote Originally Posted by Rev.Vassago
    Again, you've left out so very much.
    Give me some figures.

  9. #9
    BigDiesel is offline BANNED Rookie BigDiesel is an unknown poster at this point.  Don't let him/her around power tools just yet.
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    Default

    Quote Originally Posted by charged
    Quote Originally Posted by Rev.Vassago
    Again, you've left out so very much.
    Give me some figures.
    Do your own research....... that is what a real business person does.

  10. #10
    charged is offline Board Regular charged is an unknown poster at this point.  Don't let him/her around power tools just yet.
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    Default

    Quote Originally Posted by BigDiesel
    Quote Originally Posted by charged
    Quote Originally Posted by Rev.Vassago
    Again, you've left out so very much.
    Give me some figures.
    Do your own research.......
    I already have and other than taxes, authority, maintenance and other minor incidentals there are no other expenses.

  11. #11
    marylandkw's Avatar
    marylandkw is offline Senior Board Member marylandkw is a trusted source of information and would probably pick up your dry cleaning. marylandkw is a trusted source of information and would probably pick up your dry cleaning.
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    Default Re: What is the break even point for an owner operator?

    Quote Originally Posted by charged
    I'm not interested in what it takes to run a household or pay for food or anything else. Just the break even to run a simple flatbed.

    Some people have multiple incomes. Could be they own a separate business or they are married to someone who can pay the personal expenses.
    Then what is the reason for owning a business?

    My break even point includes My Mortgage, Life Insurance, IRA, health insurance, Maintenance reserve among many other things.
    Paranoia is nothing more than the pathological habit of paying close attention.
    All ideas in this communication are sole property of the voices in my head. (C) 2006, "The Voices" (TM)

  12. #12
    Fredog's Avatar
    Fredog is offline Senior Board Member Fredog is a trusted source of information and would probably pick up your dry cleaning. Fredog is a trusted source of information and would probably pick up your dry cleaning.
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    Default

    Quote Originally Posted by charged
    Quote Originally Posted by Rev.Vassago
    Again, you've left out so very much.
    Give me some figures.

    how about these? 8 16 402 and 65 1/2

  13. #13
    BigDiesel is offline BANNED Rookie BigDiesel is an unknown poster at this point.  Don't let him/her around power tools just yet.
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    Default

    Quote Originally Posted by charged
    Quote Originally Posted by BigDiesel
    Quote Originally Posted by charged
    Quote Originally Posted by Rev.Vassago
    Again, you've left out so very much.
    Give me some figures.
    Do your own research.......
    I already have and other than taxes, authority, maintenance and other minor incidentals there are no other expenses.
    Not getting much help here are you...... Nobody is going to do YOUR work for you.....

    The posters at the truckers report didn't do YOUR work either, and you threw a tantrum....

  14. #14
    charged is offline Board Regular charged is an unknown poster at this point.  Don't let him/her around power tools just yet.
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    Default Re: What is the break even point for an owner operator?

    Quote Originally Posted by marylandkw
    My break even point includes My Mortgage, Life Insurance, IRA, health insurance, Maintenance reserve among many other things.
    Not interested in any of those things except maintenance. Mortgage, life insurance, IRA, and health insurance are not mandatory to operate the truck.

  15. #15
    charged is offline Board Regular charged is an unknown poster at this point.  Don't let him/her around power tools just yet.
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    Default

    Quote Originally Posted by BigDiesel
    Quote Originally Posted by charged
    Quote Originally Posted by BigDiesel
    Quote Originally Posted by charged
    Quote Originally Posted by Rev.Vassago
    Again, you've left out so very much.
    Give me some figures.
    Do your own research.......
    I already have and other than taxes, authority, maintenance and other minor incidentals there are no other expenses.
    Not getting much help here are you...... Nobody is going to do YOUR work for you.....

    The posters at the truckers report didn't do YOUR work either, and you threw a tantrum....
    I threw no tantrum. I called one poster slow because she said it took her years to learn how to strap a load. You and her probably rode the same short bus as kids.

  16. #16
    BigDiesel is offline BANNED Rookie BigDiesel is an unknown poster at this point.  Don't let him/her around power tools just yet.
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    Default

    Here is what charged posted at this other forum.... It is an interesting read...

    http://www.thetruckersreport.com/tru...questions.html

  17. #17
    Orangetxguy's Avatar
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    Default Re: What is the break even point for an owner operator?

    Quote Originally Posted by charged
    Quote Originally Posted by BigDiesel
    Quote Originally Posted by charged
    Lets take an owner operator that has the following monthly expenses:

    authority ?
    taxes ? .07 cpm
    maintenance ? .13 cmp
    other? .25 cpm
    truck and trailer payment $2000
    insurance $700
    phone $100
    internet $50
    load boards $100

    no tolls
    no oversize loads
    no parking
    figure gas at $4/gal and mpg at 6mpg including idle time wishful thinking.
    figure he runs 8k miles/month Does he plan on only working local?

    Wages (Rookie driver) .335 cpm (because he owns the truck)

    What does this driver have to make per mile to break even?
    Looking for others to do YOUR homework I see....
    I was hoping you would prove yourself wrong.

    I can add it up for you.
    Let's say the expenses are $2950/mo(expenses for which I have costs listed) plus $5333 fuel.
    He only needs to make $1.04/mile.
    Your dad might be lucky to break even at $1.825 per mile. MAYBE!
    Space...............Is disease and danger, wrapped in darkness and silence! Star Trek2009

  18. #18
    Fredog's Avatar
    Fredog is offline Senior Board Member Fredog is a trusted source of information and would probably pick up your dry cleaning. Fredog is a trusted source of information and would probably pick up your dry cleaning.
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    Default

    Quote Originally Posted by charged
    Quote Originally Posted by BigDiesel
    Quote Originally Posted by charged
    Quote Originally Posted by BigDiesel
    Quote Originally Posted by charged
    Quote Originally Posted by Rev.Vassago
    Again, you've left out so very much.
    Give me some figures.
    Do your own research.......
    I already have and other than taxes, authority, maintenance and other minor incidentals there are no other expenses.
    Not getting much help here are you...... Nobody is going to do YOUR work for you.....

    The posters at the truckers report didn't do YOUR work either, and you threw a tantrum....
    I threw no tantrum. I called one poster slow because she said it took her years to learn how to strap a load. You and her probably rode the same short bus as kids.

    ok, I have it figured to the exact penny, using only the factors you listed, please give me a valid credit card number and I will email you the results as soon as I get payment authorization. I am giving you special first time user rate of only $19.95, but HURRY this offer expires at midnight!

  19. #19
    charged is offline Board Regular charged is an unknown poster at this point.  Don't let him/her around power tools just yet.
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    Default

    Quote Originally Posted by BigDiesel
    Here is what charged posted at this other forum.... It is an interesting read...

    http://www.thetruckersreport.com/tru...questions.html
    I had one question. "My biggest concern is being able to get loads at a rate where I can make some decent money. Since no one seems to share info on good brokers how does one go about finding good ones? Trial and error?"

    Yet, no one wanted to answer it...Maybe they didn't know the answer so they focused on something other than the question. Kinda like you on this thread you can't focus on the topic.

    What was funny about that thread is my father has been doing this for what? Two/three months? He hasn't killed anyone. Hasn't lost a load. Hasn't got a ticket. Hasn't been pulled over at a scale for inspection.

  20. #20
    BigDiesel is offline BANNED Rookie BigDiesel is an unknown poster at this point.  Don't let him/her around power tools just yet.
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    Default

    Quote Originally Posted by charged

    I had one question. "My biggest concern is being able to get loads at a rate where I can make some decent money. Since no one seems to share info on good brokers how does one go about finding good ones? Trial and error?"

    Yet, no one wanted to answer it...Maybe they didn't know the answer so they focused on something other than the question. Kinda like you on this thread you can't focus on the topic.

    What was funny about that thread is my father has been doing this for what? Two/three months? He hasn't killed anyone. Hasn't lost a load. Hasn't got a ticket. Hasn't been pulled over at a scale for inspection.
    Again no one is going to do YOUR work for you......

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