Actual Annual Lease Op Numbers

Topic 25019 | Page 6

Page 6 of 6 Previous Page Go To Page:
Brett Aquila's Comment
member avatar

What is "rent/lease" on that statement?

Army 's Comment
member avatar

PJ, thanks for sharing. There has been so many discussions about real numbers.

PackRat's Comment
member avatar

Can’t get any better than linking up with KR!

He’s my guy, too.smile.gif

PJ's Comment
member avatar

Brett that is where my bookeeper puts the truck payment and its combined with a building I lease for the trucks purposes

PJ's Comment
member avatar

It’s pretty simple. I’m certainly not making a bunch more than a good company driver. Also this is pulling chemicals not box freight. It tends to stay a little more stable in pricing from my experiences.

Deleted Account's Comment
member avatar

It’s pretty simple. I’m certainly not making a bunch more than a good company driver. Also this is pulling chemicals not box freight. It tends to stay a little more stable in pricing from my experiences.

PJ thank you very much for sharing actual numbers, something many others have refused to do. You've stated many times your situation is much different than others which allows you the freedom to do this and not have it completely ruin you. It's crazy to see how much REVENUE you brought in and how much you actually ended up taking home after all expenses. Sure you're on track for your truck to bring in over $200k but after expenses it's down to roughly $70k for the year, which as you also stated, is about the same as a good company driver. Is "maintenance" your maintenance fund or is that currently what you've spent?

Chief Brody's Comment
member avatar

PJ,

If my math is right, you're earning that income running about 49,000 miles in six months?

If so, sounds pretty good.

Rob.

PJ's Comment
member avatar

Rob T that is what I spent on that report. There is another accounting for the maint account. I do it a little different. I started with my own money in it up front and at the end of the year I make a deposit into it.

Rob D I haven’t looked but that math is pretty close. I track it each month. It varies month to month, but averages around 8k a month

Just a reminder to new folks reading this. I have income outside trucking and the money I make with the truck is extra, so to speak. I am single and do not support a family on my income, which gives me alot of latitude in my life. That said I have done as well as I choose to. The truck has been awesome and not required alot. Mainly normal wear and tear. 1 major issue and that 77 cpm will be much lower.

CPM:

Cents Per Mile

Drivers are often paid by the mile and it's given in cents per mile, or cpm.

OOS:

When a violation by either a driver or company is confirmed, an out-of-service order removes either the driver or the vehicle from the roadway until the violation is corrected.

Page 6 of 6 Previous Page Go To Page:

New Reply:

New! Check out our help videos for a better understanding of our forum features

Bold
Italic
Underline
Quote
Photo
Link
Smiley
Links On TruckingTruth


example: TruckingTruth Homepage



example: https://www.truckingtruth.com
Submit
Cancel
Upload New Photo
Please enter a caption of one sentence or less:

Click on any of the buttons below to insert a link to that section of TruckingTruth:

Getting Started In Trucking High Road Training Program Company-Sponsored Training Programs Apply For Company-Sponsored Training Truck Driver's Career Guide Choosing A School Choosing A Company Truck Driving Schools Truck Driving Jobs Apply For Truck Driving Jobs DOT Physical Drug Testing Items To Pack Pre-Hire Letters CDL Practice Tests Trucking Company Reviews Brett's Book Leasing A Truck Pre-Trip Inspection Learn The Logbook Rules Sleep Apnea
Done
Done

0 characters so far - 5,500 maximum allowed.
Submit Preview

Preview:

Submit
Cancel

This topic has the following tags:

Prime Inc Advice For New Truck Drivers Company Sponsored CDL Training Leasing A Truck Owner Operator Truck Driver Salary
Click on any of the buttons above to view topics with that tag, or you can view a list of all forum tags here.

Why Join Trucking Truth?

We have an awesome set of tools that will help you understand the trucking industry and prepare for a great start to your trucking career. Not only that, but everything we offer here at TruckingTruth is 100% free - no strings attached! Sign up now and get instant access to our member's section:
High Road Training Program Logo
  • The High Road Training Program
  • The High Road Article Series
  • The Friendliest Trucker's Forum Ever!
  • Email Updates When New Articles Are Posted

Apply For Paid CDL Training Through TruckingTruth

Did you know you can fill out one quick form here on TruckingTruth and apply to several companies at once for paid CDL training? Seriously! The application only takes one minute. You will speak with recruiters today. There is no obligation whatsoever. Learn more and apply here:

Apply For Paid CDL Training