Eric Hershel not at all lol that's why I was putting it in there. So that way even with a ridiculous monthly expense bill, you still make enough money for it to be worth it
I drove Truck for 20 years. The first 10 Years I was an owner operator flatbed only with average work day of 18 hours and home for 2 days every 3 to 5 weeks. I had everything dialed in per mile to include break downs and the down time it caused. I barley got by some years and cleaned up other years. The best thing I did though was pay off my truck loan of 80,000 bucks in the first 4 years. My Peterbilt had a Detroit 60 series that had a little less than 200 thousand mile on it when I bought it. The turbo went at 800 thousand plus along with 1 of my 2 rear differentials. The transmission and motor though was at 1.2 million miles and doing good still when I sold the truck. At that point I was offered a sweet home every day fuel haul with Chevron and then later Jumped at Walgreen's relay and finally retired at FedEx Ground relay. The end of my experience I felt it was the connections to people during the beginning years is what helped me get into the very good pay with weekends off and home every night in my bed. I made by far more money driving for the large corps transporting their own goods. With break downs it was usually a new truck hand off and very little down time driving. I wish I could have Started with the ending but I don't think that is how it usually goes. The cushy jobs I had at the last 10 years required years of experience and usually you were helped by an old friend from the past. Not a simple form test drive and go trucking.
Randy Marsh my insurance policy is through progressive, it's 750k non trucking, 100k cargo, and 20k full coverage truck, with 2 drivers, the policy is 7k a year
All depends on your numbers. I know the new ram 3500 averages 15-17mpg empty and 11mpg with 10,000lbs 5th wheel Say 500 miles a day. thats 10,000 a month for 20 days. 333.3333 gallons of fuel empty used and 500 loaded. Thats 833.33 gallons at $3.40 gallon lets say. Thats $2833.32 fuel bill a month. 5,000× $1.33 is 6650 ×10% is 650 so $6000 paid a month. Take the fuel out. 6000-2833.32 is 3166.68 take the 2k out say for the maintnace, insurance, tires, and the ruck note of 1000. That leaves $1166.68 Take home. Now if you do the hours. 14×20 is 280 hours or 11x20 is 220 hours "working". 1166.68/280 is $4.17 or 1166.68/220 is $5.30 You either have a really fuel effiecent truck or the math isnt done. I know Cost per mile of a new truck with insurance fuel for 12,000miles and that comes to 44cents a mile loaded or unloaded. Still only 1800 a month or close to 12hr based on 11 driving hours. Ya, money is there but somewhere its not adding up.12 cents a mile take home is crap especially if you have a DEF. Make more money at the trash dump.
Snipe Stud00 1. You did the math on fuel for 10k miles and only paid yourself for 5k 2. What's the 10%? 3. I don't have DEF, I get 20+mpg hwy, and I've never seen 10 or below when loaded
Snipe Stud00 I think the problem is you picked the wrong truck. If you use a 3500 and are non cdl then you're crazy. You should only be using a 1 ton to pull 2-3 trailers at a time on a flat bed goose neck making 2.66- 3.99 per mile
1110 Moto Te 3500 and 2500 are basically the same price. Both are the SRW. Duals are only a $1600 option. The only reason i paid for 5k is due to being loaded 1 way. DEF systems are standard after 2011-2012 rams. Ford and chevy much sooner.
1110 Moto Not really. Mainly the trans and trans cooler option. The newer trucks share the 3.42, 3.73 and the 4.10. Tha aisin has the 3.42 and the 64rfe has the 3.42, 3.73 option. Id choose the Aisin as it has the cooler. If you go dually the 3.73 and 4.10 ratios kick in. The 3.42s are the usual go to ratio of the SRW and dually aisin trans. The only differnece are a few in cab options Auxilary switches, in bed camera, ect, the 21,000vs 24,000 towing capacity, and the aisin option, as the 64rfe hasnt been the best trans, yet its the same exact truck with the same leafs. Comes to within the same price and monthly payments sharing the same exact spects. Ine being $55,400 the other being $55,700.
D. A. I believe they do, it all depends on what kind of set up you run. I know they offer gooseneck hauler trailers and if you pull one of thoes you make 2.05/mi
What do you do when your truck hits 180,000 miles and you still owe 25,000 - 35,000? I just dont know ? Your transmission goes out? Engine blows thats 20,000
Well considering that your truck's mileage is directly related to how much you're making, let's say you hit 200,000 miles for simple math. 100,000 is paid mileage, x 1.35/mi = $135,000. If you haven't paid the truck off by then, then you need to rethink your financial planning. Also as long as you perform regular and proper maintenance your truck will make it to 300k no problem
@Tim Grabin You will have a wore out truck and still owe $40G that’s why the turn over is so high. These guys run the truck into the ground and can’t buy another one. Once you have to pay taxes The money is not that good.
First video I’ve seen that actually broke down the cost and had a fair perspective and wasn’t trying to scare drivers off
How do you get started where do you find work
What about taxes? I’m interested in this
What about taxes ?
You have to factor in taxes. Not sure if you do it by the day, week, or month.
This may sound like such a stupid question, so please forgive me, but is it really likely a set of tires would only last a month?
Eric Hershel not at all lol that's why I was putting it in there. So that way even with a ridiculous monthly expense bill, you still make enough money for it to be worth it
@@Moto-dp8ob but you never mentioned hotels /food.thats makes a big difference when your talking 85.00 a night and atleast 30.00 for food a day
I slept in my truck. It's not hard. Like I said it's not for everyone
@@Moto-dp8ob oh ok. But there was 2 of you in a single cab??
Yup lol. We were both in the marines so we were used to living in close quarters
I drove Truck for 20 years. The first 10 Years I was an owner operator flatbed only with average work day of 18 hours and home for 2 days every 3 to 5 weeks.
I had everything dialed in per mile to include break downs and the down time it caused. I barley got by some years and cleaned up other years. The best thing I did though was pay off my truck loan of 80,000 bucks in the first 4 years.
My Peterbilt had a Detroit 60 series that had a little less than 200 thousand mile on it when I bought it. The turbo went at 800 thousand plus along with 1 of my 2 rear differentials. The transmission and motor though was at 1.2 million miles and doing good still when I sold the truck. At that point I was offered a sweet home every day fuel haul with Chevron and then later Jumped at Walgreen's relay and finally retired at FedEx Ground relay.
The end of my experience I felt it was the connections to people during the beginning years is what helped me get into the very good pay with weekends off and home every night in my bed. I made by far more money driving for the large corps transporting their own goods.
With break downs it was usually a new truck hand off and very little down time driving. I wish I could have Started with the ending but I don't think that is how it usually goes. The cushy jobs I had at the last 10 years required years of experience and usually you were helped by an old friend from the past. Not a simple form test drive and go trucking.
you failed to mention hotels and food. not that much profit
What type of insurance do you carry? What's the cost of the policies?
Randy Marsh my insurance policy is through progressive, it's 750k non trucking, 100k cargo, and 20k full coverage truck, with 2 drivers, the policy is 7k a year
So devide that by 2
Is hard to work for a company??
Not hard at all just have to pick the right company
still making good money ?
I was up until the day I moved on to something more home based. Got a 9 month old and he needs his daddy
All depends on your numbers. I know the new ram 3500 averages 15-17mpg empty and 11mpg with 10,000lbs 5th wheel
Say 500 miles a day. thats 10,000 a month for 20 days. 333.3333 gallons of fuel empty used and 500 loaded. Thats 833.33 gallons at $3.40 gallon lets say.
Thats $2833.32 fuel bill a month. 5,000× $1.33 is 6650 ×10% is 650 so $6000 paid a month.
Take the fuel out.
6000-2833.32 is 3166.68 take the 2k out say for the maintnace, insurance, tires, and the ruck note of 1000. That leaves $1166.68 Take home. Now if you do the hours. 14×20 is 280 hours or 11x20 is 220 hours "working".
1166.68/280 is $4.17
or
1166.68/220 is $5.30
You either have a really fuel effiecent truck or the math isnt done. I know Cost per mile of a new truck with insurance fuel for 12,000miles and that comes to 44cents a mile loaded or unloaded. Still only 1800 a month or close to 12hr based on 11 driving hours. Ya, money is there but somewhere its not adding up.12 cents a mile take home is crap especially if you have a DEF. Make more money at the trash dump.
Snipe Stud00 1. You did the math on fuel for 10k miles and only paid yourself for 5k
2. What's the 10%?
3. I don't have DEF, I get 20+mpg hwy, and I've never seen 10 or below when loaded
Snipe Stud00 I think the problem is you picked the wrong truck. If you use a 3500 and are non cdl then you're crazy. You should only be using a 1 ton to pull 2-3 trailers at a time on a flat bed goose neck making 2.66- 3.99 per mile
1110 Moto Te 3500 and 2500 are basically the same price. Both are the SRW. Duals are only a $1600 option. The only reason i paid for 5k is due to being loaded 1 way. DEF systems are standard after 2011-2012 rams. Ford and chevy much sooner.
Snipe Stud00 the difference between 2500 and 3500 are spring load and rear diff gear ratio. If you're running 4.10 then you're gonna be dumping fuel.
1110 Moto Not really. Mainly the trans and trans cooler option. The newer trucks share the 3.42, 3.73 and the 4.10. Tha aisin has the 3.42 and the 64rfe has the 3.42, 3.73 option. Id choose the Aisin as it has the cooler. If you go dually the 3.73 and 4.10 ratios kick in. The 3.42s are the usual go to ratio of the SRW and dually aisin trans. The only differnece are a few in cab options Auxilary switches, in bed camera, ect, the 21,000vs 24,000 towing capacity, and the aisin option, as the 64rfe hasnt been the best trans, yet its the same exact truck with the same leafs. Comes to within the same price and monthly payments sharing the same exact spects. Ine being $55,400 the other being $55,700.
yes he does ok thanks for all you info keep good stay well
What's your average pay per loaded mile? Thanks good info! Enjoy your videos
At TRVE if you are non cdl and provide your own cargo insurance it's a flat rate of 1.33cpm for all trailers & 5th wheels
Ok thanks for reply bud!. 1.33 not bad
Does cdl drivers get paid a little more?
D. A. I believe they do, it all depends on what kind of set up you run. I know they offer gooseneck hauler trailers and if you pull one of thoes you make 2.05/mi
What do you do when your truck hits 180,000 miles and you still owe 25,000 - 35,000? I just dont know ? Your transmission goes out? Engine blows thats 20,000
Well considering that your truck's mileage is directly related to how much you're making, let's say you hit 200,000 miles for simple math. 100,000 is paid mileage, x 1.35/mi = $135,000. If you haven't paid the truck off by then, then you need to rethink your financial planning. Also as long as you perform regular and proper maintenance your truck will make it to 300k no problem
@Tim Grabin You will have a wore out truck and still owe $40G that’s why the turn over is so high. These guys run the truck into the ground and can’t buy another one. Once you have to pay taxes The money is not that good.
What happened to shaving your head?
Got lazy lol
1110 Moto hun ya look 40 again..
Thanks love 😑
First video I’ve seen that actually broke down the cost and had a fair perspective and wasn’t trying to scare drivers off