Gman, and others o/o questions
#11
Senior Board Member
Join Date: Oct 2006
Location: Hinges of HELL!!
Posts: 878
Your fuel is low.... figure 5mpg divided by the national average....it should be around .60 a mile right now.
tootie
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#14
Senior Board Member
Thread Starter
Join Date: Jun 2005
Location: Virginia Beach, VA
Posts: 571
Originally Posted by SteveBooth
Madlux asked me in a PM what my insurance costs are so I figured I would post it instead of replying back. I pay $7,000 total for $1,000,000 liability, $100,000 cargo and that also includes my truck and trailer coverage.
Thanks for the info steve !
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#15
Senior Board Member
Thread Starter
Join Date: Jun 2005
Location: Virginia Beach, VA
Posts: 571
Originally Posted by rank
t
Question about the $15,000 truck/trailer relpacement.....does that mean if you get a new truck and trailer in 5 years you will be able to do it for $75,000 (15,000 x 5). That seems a little light also..... Thats for another used truck, either 3, 4, or 5 years, or more down the road. Since trucks deprecates so much in there first 2 years I could get a decent 2 to 3 year old truck at a decent price, and another decent used trailer if the one I get falls apart. If both at the time need to be replaced then I will still have a good down payment and a low amount to finance.
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#16
Senior Board Member
Join Date: Oct 2006
Posts: 2,079
Your latest number is pretty much exactly what I estimate my costs at. I expect you to have lower costs than me because we have drivers that pay ZERO attention to fuel mileage. If you bulid a business model around $1.44 + you should be safe.
It ain't pretty.
#19
Originally Posted by MADLUX
Now the question is, how easy is it to get freight for $2.00 a load?
get it,yes sometimes avg. it,not likley
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#20
Originally Posted by sidman82
Now that you have all these figures. Imagine working for .90c to $1.10.
You can clearly see that even a $1.40 will catch up to you and bite you in the a$$. :? |
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