| View previous topic :: View next topic |
| Author |
Message |
2
Joined: 07 Sep 2007
Posts: 151
|
| Posted: Sun Mar 09, 2008 1:10 am Post subject: How much does it cost to run a truck? |
|
|
What is the real cost?
Including fuel spikes, inflation on everything else, slowing economy, cheating carriers, down time, various risk factors, ect.
Anything else you can add.
Tell me true... |
|
| Back to top |
|
Orangetxguy
Joined: 23 Jan 2007
Posts: 1973
|
| Posted: Sun Mar 09, 2008 6:45 am Post subject: |
|
|
| Too much. |
|
| Back to top |
|
SteveBooth
Joined: 18 May 2005
Posts: 3501
|
| Posted: Sun Mar 09, 2008 7:23 am Post subject: |
|
|
| $59.95 |
|
| Back to top |
|
ICS
Joined: 02 Jan 2008
Posts: 157
Location: New York
|
| Posted: Sun Mar 09, 2008 7:58 am Post subject: |
|
|
59.95?
you must have an older truck, costs me 56.95!!!
plus a marriage, my kids hate me, my back is killing me and I forgot what my house looks like. |
|
| Back to top |
|
SteveBooth
Joined: 18 May 2005
Posts: 3501
|
| Posted: Sun Mar 09, 2008 8:19 am Post subject: |
|
|
Sorry there #2 but what your asking is for someone to write a freaking book in response to your request.
All your questions have been answered already in this forum by doing some searching. They may not be the right answers but will give you the knowledge to formulate your own conclusions. |
|
| Back to top |
|
Rev.Vassago
Joined: 04 Apr 2006
Posts: 6230
Location: The other side of the coin
|
| Posted: Sun Mar 09, 2008 8:43 am Post subject: |
|
|
SteveBooth wrote: Sorry there #2 but what your asking is for someone to write a freaking book in response to your request.
All your questions have been answered already in this forum by doing some searching. They may not be the right answers but will give you the knowledge to formulate your own conclusions.
TRANSLATION = I HAVE NO IDEA WHAT IT COSTS ME TO OPERATE |
|
| Back to top |
|
mike3fan
Joined: 04 Aug 2006
Posts: 1716
Location: michigan
|
| Posted: Sun Mar 09, 2008 9:53 am Post subject: |
|
|
| .91cpm without figuring in depreciation on my truck(waiting for the CPA on this one,as I am not clear on how it works to tell the truth). |
|
| Back to top |
|
Red Clay Rambler
Joined: 30 Oct 2006
Posts: 253
Location: Tennessee
|
| Posted: Sun Mar 09, 2008 11:26 am Post subject: |
|
|
| mike, does your .91 include what you take in salary? |
|
| Back to top |
|
allan5oh
Joined: 26 Aug 2005
Posts: 2233
Location: jackassville (winnipeg, mb)
|
| Posted: Sun Mar 09, 2008 12:24 pm Post subject: |
|
|
mike3fan wrote: .91cpm without figuring in depreciation on my truck(waiting for the CPA on this one,as I am not clear on how it works to tell the truth).
Depreciation is tricky for several reasons.
First, the "government" method isn't the true method.
Second, we never really know what our truck is worth unless we trade it or sell it.
What I do, is take my payments at face value. For example, my payments were $1400 a month, and I was doing 10,000 miles a month. My truck cost was 14 CPM. I simply took it at face value for 3.5 years.
Now that it is paid off, my truck "depreciation" is zero, because I've taken my payments at face value the whole time. You could do the math, and figure that you're slowly passing your depreciation(but not in the first couple years) but that to me doesn't make sense.
I'm not talking about taxes here, just simply my own calculation of my truck cost.
Taking both the 14 CPM then somehow(I don't know how you would do it) adding depreciation, would be double dipping in a negative way. It wouldn't be true cost at all. |
|
| Back to top |
|
ICS
Joined: 02 Jan 2008
Posts: 157
Location: New York
|
| Posted: Sun Mar 09, 2008 2:57 pm Post subject: |
|
|
EXPENSES
FIXED
Truck payment
Truck Depreciation
License, Permits, FHUT
Truck Insurance
Health Ins
Legal and Accounting costs
VARIABLE
fuel
fuel tax
repairs
outside labor
Phone / Communication
Motel
Office
Company Charges
Supplies
Miscellaneous
PERSONAL EXPENSES
Family Support
Mortgage
Auto
Food on the road
Entertainment
Hotels
Car rental
Thats what I came up with... just fill in the blanks :o |
|
| Back to top |
|
Fredog
Joined: 23 Apr 2005
Posts: 2321
Location: North Georgia
|
| Posted: Sun Mar 09, 2008 3:06 pm Post subject: |
|
|
ICS wrote: EXPENSES
FIXED
Truck payment
Truck Depreciation
License, Permits, FHUT
Truck Insurance
Health Ins
Legal and Accounting costs
VARIABLE
fuel
fuel tax
repairs
outside labor
Phone / Communication
Motel
Office
Company Charges
Supplies
Miscellaneous
PERSONAL EXPENSES
Family Support
Mortgage
Auto
Food on the road
Entertainment
Hotels
Car rental
= TOO DARN MUCH!!!
Thats what I came up with... just fill in the blanks :o
|
|
| Back to top |
|
2
Joined: 07 Sep 2007
Posts: 151
|
| Posted: Sun Mar 09, 2008 9:07 pm Post subject: |
|
|
SteveBooth wrote: Sorry there #2 but what your asking is for someone to write a freaking book in response to your request.
All your questions have been answered already in this forum by doing some searching. They may not be the right answers but will give you the knowledge to formulate your own conclusions. Thanks, Steve, but I think I have a better idea than most. At least the ones running under a carrier's authroity.
The thread was a reflection of all the doom and gloom threads about rates, volumes, ect., that are on the board, right now.
A lot of folks plan their effort at around 2,500 miles a week, 6 mpg. Current conditions point out the fallacy of trying to plan so close.
I'm led to believe that the head count of O/O's, shrinks every year.
There is a lot more than retirement, that is causing the shrinkage. |
|
| Back to top |
|
rank
Joined: 02 Oct 2006
Posts: 1301
|
| Posted: Sun Mar 09, 2008 9:20 pm Post subject: |
|
|
2 wrote: SteveBooth wrote: Sorry there #2 but what your asking is for someone to write a freaking book in response to your request.
All your questions have been answered already in this forum by doing some searching. They may not be the right answers but will give you the knowledge to formulate your own conclusions. Thanks, Steve, but I think I have a better idea than most. At least the ones running under a carrier's authroity.
The thread was a reflection of all the doom and gloom threads about rates, volumes, ect., that are on the board, right now.
A lot of folks plan their effort at around 2,500 miles a week, 6 mpg. Current conditions point out the fallacy of trying to plan so close.
I'm led to believe that the head count of O/O's, shrinks every year.
There is a lot more than retirement, that is causing shrinkage.
Currently $1.88/mile. Plus WSIB, employee benefits and DH miles.....and don't say shrinkage. |
|
| Back to top |
|
Rev.Vassago
Joined: 04 Apr 2006
Posts: 6230
Location: The other side of the coin
|
| Posted: Sun Mar 09, 2008 9:28 pm Post subject: |
|
|
2 wrote: A lot of folks plan their effort at around 2,500 miles a week, 6 mpg. Current conditions point out the fallacy of trying to plan so close.
Some of us were stressing the importance of calculating your costs by the day rather than by the mile years ago. :wink: |
|
| Back to top |
|
BigDiesel
Joined: 01 Apr 2007
Posts: 1200
Location: Space... The Final Frontier
|
| Posted: Sun Mar 09, 2008 9:35 pm Post subject: |
|
|
| A Bajillion dollars !!!!! |
|
| Back to top |
|
| |
