Quote:
If it cost .70-.80cpm to operate a truck,and then pay 2 drivers wages after that how will you make any money?
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that is the million dollar ?? and why I am asking ?? here.
5000 miles x .99 = $4950 gross pay for one week
5000 miles x .39 for 2 drivers = $1950
1950 x 21% for fica and WC = $409
fuel at 5 mpg and $1.25 per gallon = $1,250
insurance $53 per week
fedex base plate $15 per week
4950
-1950
-409
-1250
-53
-15
_______
$1273 per week income to me
1273x52 = $66,196 annually
66,196
-14,000 maintanance per year on a team truck
________
$52,196 net before taxes to me, the folks who have the truck for sale want $46,000 for a 2002 T2000 with 680,000 miles on it with app 100,000 miles of engine warranty left on it. I don't think I will offer them that maybe closer to 40,000 wich I plan on paying for with a refinance on my house wich I understand I need to include this payment into my cost figures.
I think that theese numbers are fairly accurate, my friend showed me his weekly settlement sheets and has helped me with the other costs associated with it, now to me this looks like a decent deal especially if I drive the truck during my slow time if I need a driver, please tell me what I am missing because I am sure there is plenty.
mike3fan would you breakdown your cost of running a truck for me it would help greatly.