How much does it cost to run a truck?
#1
03-09-2008, 07:10 AM
How much does it cost to run a truck?
What is the real cost?
Including fuel spikes, inflation on everything else, slowing economy, cheating carriers, down time, various risk factors, ect. Anything else you can add. Tell me true...
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#2
03-09-2008, 12:45 PM
Too much.
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#5
03-09-2008, 02:19 PM
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Sorry there #2 but what your asking is for someone to write a freaking book in response to your request.
All your questions have been answered already in this forum by doing some searching. They may not be the right answers but will give you the knowledge to formulate your own conclusions.
#6
03-09-2008, 02:43 PM
Originally Posted by SteveBooth
Sorry there #2 but what your asking is for someone to write a freaking book in response to your request.
All your questions have been answered already in this forum by doing some searching. They may not be the right answers but will give you the knowledge to formulate your own conclusions.
#7
03-09-2008, 03:53 PM
.91cpm without figuring in depreciation on my truck(waiting for the CPA on this one,as I am not clear on how it works to tell the truth).
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#9
03-09-2008, 06:24 PM
Originally Posted by mike3fan
.91cpm without figuring in depreciation on my truck(waiting for the CPA on this one,as I am not clear on how it works to tell the truth).
First, the "government" method isn't the true method. Second, we never really know what our truck is worth unless we trade it or sell it. What I do, is take my payments at face value. For example, my payments were $1400 a month, and I was doing 10,000 miles a month. My truck cost was 14 CPM. I simply took it at face value for 3.5 years. Now that it is paid off, my truck "depreciation" is zero, because I've taken my payments at face value the whole time. You could do the math, and figure that you're slowly passing your depreciation(but not in the first couple years) but that to me doesn't make sense. I'm not talking about taxes here, just simply my own calculation of my truck cost. Taking both the 14 CPM then somehow(I don't know how you would do it) adding depreciation, would be double dipping in a negative way. It wouldn't be true cost at all.
#10
03-09-2008, 08:57 PM
EXPENSES
FIXED Truck payment Truck Depreciation License, Permits, FHUT Truck Insurance Health Ins Legal and Accounting costs VARIABLE fuel fuel tax repairs outside labor Phone / Communication Motel Office Company Charges Supplies Miscellaneous PERSONAL EXPENSES Family Support Mortgage Auto Food on the road Entertainment Hotels Car rental Thats what I came up with... just fill in the blanks 
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