[charged]

Originally Posted by GMAN

I am curious about why you want to use basic truck expenses as the basis for your break even point? Using your $1.29/mile cost factor, does that mean that your Dad will take any load that pay more than $1.29?

There is no need to take freight @ $1.29 because better is amost always available.

My dad will take a load that takes him to a better paying job. For example he was in FL on Thursday(freight that took him there paid $2.30/mi) and to get him to a better place I helped him get a partial ($1.41/mi) that took him to freight that paid $1.87/mi back through Nashville today and delivers to IL on Tuesday. All that with about a 90 mile dead head averaged out to $1.87/mi.
I consider that pretty good pay. Keeping in mind, of course, that anything more is better.

If you take the base operating cost of $1.29 from $1.87 you get $0.58/mi.
That is what he earned minus taxes. Multiply that by his miles and we've figured out how much he made minus taxes for the week.

[Orangetxguy]

Originally Posted by Rev.Vassago

Of course it will, because his dad has another business to fall back on that pays the actual home bills. That way he can haul cheap freight and consider himself a success.

And THAT is why His daddy and he should park that unit and walk away kicking rocks. They are idiots if willing to haul for anything less than the most they can get.


Hey Kid...I got a load for ya...It pays $1.295 per mile...your break even is $1.29 so you better haul it or else!

[Rev.Vassago]

Originally Posted by charged

If you take the base operating cost of $1.29 from $1.87 you get $0.58/mi.
That is what he earned minus taxes. Multiply that by his miles and we've figured out how much he made minus taxes for the week.

The problem with that is that your "base cost" of $1.29 is a number you pulled out of thin air, which has no basis in reality.

[charged]

Originally Posted by Rev.Vassago

The problem with that is that your "base cost" of $1.29 is a number you pulled out of thin air, which has no basis in reality.

I gave you ample opportunity to help determine the number. You didn't so the # remains.

[Rev.Vassago]

Originally Posted by charged

I gave you ample opportunity to help determine the number. You didn't so the # remains.

We all gave you ample opportunity to fix the number, and you refused to do so.

I'm not even going to mention depreciation to you, because I doubt you could grasp the concept.

[scooter823]

de-pre-ci-ation oh nevermind :roll:

[charged]

Originally Posted by Rev.Vassago

We all gave you ample opportunity to fix the number, and you refused to do so.

I'm not even going to mention depreciation to you, because I doubt you could grasp the concept.

Depreciation is not included because the truck/trailer payment is perpetual.

[Rev.Vassago]

Originally Posted by charged

Depreciation is not included because the truck/trailer payment is perpetual.

You're kidding, right?


Rev; hopes the dad in this little family understands things better than the son.

[charged]

Originally Posted by Rev.Vassago

You're kidding, right?


Rev; hopes the dad in this little family understands things better than the son.

If you mean depreciation for tax purposes then that lowers the base cost to operate.

If you mean the value of the truck depreciates as it is used and ages that is fine. I did not take into account selling the truck/trailer after 3 years.

The figures are based on a truck and trailer payment of $2k/month forever. Whatever happens to the truck after three years sold or contined to be used only lowers the base operating cost.

[Rev.Vassago]

Originally Posted by charged

If you mean depreciation for tax purposes then that lowers the base cost to operate.

You've got to be kidding me. Depreciation does not lower the base cost - it raises it because after three years, the tax liability increases drastically. It's quite clear you have no clue what you are doing and you just need to leave. Seriously, go away.