Actual Annual Lease Op Numbers

Topic 25019 | Page 6

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Brett Aquila's Comment
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What is "rent/lease" on that statement?

Army 's Comment
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PJ, thanks for sharing. There has been so many discussions about real numbers.

PackRat's Comment
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Can’t get any better than linking up with KR!

He’s my guy, too.smile.gif

PJ's Comment
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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
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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.

Rob T.'s Comment
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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?

Rob D.'s Comment
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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
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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.

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