What does it cost you per mile to to break even?
Just curious what is cost you per mile to break even? Don't include any pay to you. How much per mile seems to be a big topic around here and maybe seeing what others costs are could help.
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If you are attempting to come up with an average cost, keep in mind everyone will have a slightly different cost or expense basis. For instance, if you have a $2,000 monthly truck payment, your costs will be different than if you had a $300 payment. Where you run can also have an impact. Running in the Northeast should result in a higher cost than the Southeast. Fuel is higher and you have to pay tolls.
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Maybe a little break down would help with an answer. Like how much is your truck payment. This is more to look at several answers and then get an average.
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1500- truck payment(new)
300-insurance... is what i have, 180 for every 15,000 oil change, very little tolls that i dont even know how much i spend on that, truck wash i do myself since i have equipment, about 6-10 for food per day every time when on the road and i cant remember what else..oh yeah, about 6mpg on fuel on Columbia(probaly get little more but took the worst case scenario).... |
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Based on 10,000 miles a month it cost me roughly
fuel .42 cpm based on $2.40@ gal truck .163 cpm insurance .03 cpm health ins .03 cpm tolls est. .02 cpm plates .013cpm maint .03 cpm taxes est. .07 cpm total .776 cpm |
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Those $0.03 hardly would cover regular PM and tires... I've always "Estimated" my cost here at $0.10, since new... :) |
you're right that is resrve fund,but I don't spend $1000 a month either
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~.97 based on 3 trucks and 4 trailers (all paid for) doing a combined 200,000 miles/year. One truck and one trailer is fully depreciated, hence the zeros. I depreciate the trucks to a value of zero over 5 years and the trailers to zero over 10 years.
$100,000 for that T-2000 sticks out like a sore thumb. insurance:(10,000+10,000+2,500)/200,000=.13/mile fuel is .35-.40/mile trucks: ($0 + $100,000 + $50,000)/5years/200,000 miles/yr = $.15 trailers: ($0 + $40,000 + $25,000 + $35,000)/10 years/200,000 = $.07 mait trucks: $30,000/200,000 = $.15 mait trailers: ($3,500 X 4)/200,000= $.07 It's actually a little more than this because there are a few smaller charges that are not listed. Plates, tolls, meals (not small actually), fines, various taxes and permits etc etc etc. |
Re: What does it cost you per mile to to break even?
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I haven't a clue, as I don't calculate my costs by the mile. But, why not include pay? It is certainly a legitimate expense, as I don't do this for free. |
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