Quote:
Originally Posted by Chicken wings
Well maybe I'll just take a week off to start until I start banking that money and build up mu escrow account and he said that's when the money starts rolling in and he said you get to write everything off so that is a plus isn't it?
CW
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CW..you've been given some great advise here.
BanditsCuz gave you a great example, with some realistic numbers...that didn't include everything you are responsible for, as pertains to operating a truck.
Mike3 gave you great advise, regarding how to go about getting where you want to be.
I would include this. While you are running up and down the road, working for Swift or whomever, as a company driver, write down all your operating numbers. Fuel, tire work, oil purchases, PM's, windshield wipers, your personal expenditures. Track it all, including the mileage wage you get as a company driver. Divide the miles you travel by the $$ you spend(remember..include your wages), and that will give you the short version of what it cost's just to operate the truck.You still won't know what the road taxes, insurance cost's, and several other items are running...but you can ask questions and get a good approximation of what you will need to make, in order to be a successful O/O.
I'm taking a week off this round (5 days), but..I just turned 24,000$ in revenue in 5 weeks of hard running. My truck payment is only $850, with insurance cost's of $167 each month. It's a used truck (2001) so the payment is far less than what an L/P operate pay's out for that new-used truck from most company's.