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Cost of a NEW RIDE

May 02, 2018 at 08:50 PM CST
+ 6 - 6
I was just wondering if anyone else had a new ride that cost $203,600.00 all in with all my insurance.My wife was getting on me very hard about the cost but what the heck you got to look good going down the road Now here is my? does anyone know what their cost is on a daily basis, and does a broker or shipper even care about what shape your equipment is in.My hard cost before my driver is $4250.00 per week base on 48 weeks a year now Mr.broker you know why I said $ 4.50 a mile.So if you would like to share your cost let us know.maybe I should have got a $20,000.00 truck and trailer.
Replied on Thu, May 03, 2018 at 08:34 AM CST
+ 2 - 1
I drive a 20k truck doesn't look nice and I am aware of that. But it's been paid for many times over and recently I rebuilt the engine. Roughly my hard cost including insurance registration repairs and tires is about $729 a month based on 48 week's but I usually work about 55 week's per year. For my local work I know a new rig wouldn't pay all my bills. It's a problem most folks face and it shouldn't be that way. Good luck.
Replied on Thu, May 03, 2018 at 08:53 AM CST
+ 2 - 1
shippers and brokers do not care if you drive a 2018 or 1968 model truck as long as the load gets moved efficiently as per thier requirements. everyones operating cost is different. you are the one that wants to look good going down the road , the shippers do not care....my paid for 07 t600 basic white fleet truck that has cost me virtually nothing in expense will pass the same road side inspections that your new one might or might not so my operating cost is a small fraction of yours. its not up to someone else to adapt to your budget nor pay your bills . you need 4.50 to get by , while others like my slef can clear a much larger profit than you at 2.00.... its all in the business model and the math.
Replied on Thu, May 03, 2018 at 09:01 AM CST
+ 1 - 13
DOT SHOULD PUT AN AGE LIMIT ON ALL TRUCK THAT CAN BE ON THE ROAD AND THAT WOULD FIT IN WITH THE WHOLE PROGRAM.
Replied on Thu, May 03, 2018 at 09:11 AM CST
+ 6 - 4
you think that might be the answer huh ? i'm thinkin owner operators should be required to attend business management classes before being allowed to either recieve a dot number or renew insurance and plates........ i think that would level the field .
Replied on Thu, May 03, 2018 at 09:12 AM CST
+ 3 - 1
Originally Posted by: GLEN DEAN
Quote: "DOT SHOULD PUT AN AGE LIMIT ON ALL TRUCK THAT CAN BE ON THE ROAD AND THAT WOULD FIT IN WITH THE WHOLE PROGRAM."

And just what age will determine a truck being unroadworthy? I’ve seen 3 yr old trucks I wouldn’t drive on the road and I’ve seen 40 yr old trucks I wouldn’t hesitate to drive cross country.
Replied on Thu, May 03, 2018 at 09:37 AM CST
+ 2 - 1
Originally Posted by: KEVIN SINGLETARY
Quote: "shippers and brokers do not care if you drive a 2018 or 1968 model truck as long as the load gets moved efficiently as per thier requirements. everyones operating cost is different. you are the one that wants to look good going down the road , the shippers do not care....my paid for 07 t600 basic white fleet truck that has cost me virtually nothing in expense will pass the same road side inspections that your new one might or might not so my operating cost is a small fraction of yours. its not up to someone else to adapt to your budget nor pay your bills . you need 4.50 to get by , while others like my slef can clear a much larger profit than you at 2.00.... its all in the business model and the math."

As I tell my drivers, I don't really care what make model or year your equipment is as long as it is shape, clean and can get the job done. I have one guy that runs the most beautiful 1985 extended hood Pete you would ever hope to see. Mike runs coast to coast for me and very seldom misses a beat. I have a guy that runs a spectacular looking 97 kw w900 that he bought new and kept up magnificently. Melvin runs the middle of the country for me but at 78 years old, he runs part time for me and is as consistent of a driver as can be. I recently had a driver retire that drove a gun metal gray 1969 KW extended hood. Don has rebuilt that truck so many times but I still would not be afraid of jumping in that gem of a truck and two sticking it across the country. We also have guy with mid 2000 trucks and some with new trucks. The newer ones seem to be in the shop more than the old ones because no one can seem to keep sensors for the regen systems from going out. I have one 2018 Volvo that seems to live only from one Volvo shop to the next one to get fixed. I normally schedule him on loads that have plenty of flexability on deliveries because he is in the shop constantly. Fortunately all his repairs are under warranty so far. What it boils down to is if your equipment can do the job it doesn't really matter what year make or model it is.
Replied on Thu, May 03, 2018 at 10:04 AM CST
The above quote was a joke I guess it turns out wrong.
Replied on Thu, May 03, 2018 at 10:32 AM CST
sorry about that my $729 was based on a week comes out to more like 2900 a month I thought about that something didn't quite look right
Replied on Thu, May 03, 2018 at 11:35 AM CST
Originally Posted by: GLEN DEAN
Quote: "DOT SHOULD PUT AN AGE LIMIT ON ALL TRUCK THAT CAN BE ON THE ROAD AND THAT WOULD FIT IN WITH THE WHOLE PROGRAM."

I really don't understand that comment
Replied on Thu, May 03, 2018 at 12:22 PM CST
+ 1
Its all about getting the work done. In 8 years of doing this I've never once had someone complain about how equipment looked, its about how equipment worked. If you're constantly pushing out loads for breakrdowns, you're going to quickly end up on our no list. If theres another issue that the customer complains about then it better be fixed next time you go in.

Some places might be impressed as to how a nice rig looks, but I don't know if it will necessarily lead to more work in a normal situation.

Being polite and pleasant and doing a good job will make you more money than a pretty truck ever will in my opinion.
Replied on Thu, Jun 13, 2019 at 01:01 PM CST
I noticed a graph lately that sales for new trucks are so far down, compared to past years. Hardly anyone can afford them now.
Replied on Fri, Jun 14, 2019 at 08:27 AM CST
To start with the basics, i haven't seen rates on this board or any other that will support your numbers. You're only chance is you won't see home much.
Second, lets say you have something steady. We did for 6 years it disappeared in 2 months no warning.
3rd, you really want one of these piece of crap new trucks? Why? To stroke your ego? What if you are lucky and get one of many that cannot pass the next dealership? You think you need a California legal trk? Cause the rates in and out of there are so high?
Thank god my truck was new in 2000. If you buy a new truck you will have to trade when warranty is up. You will never survive the bills without that warranty and sitting at the kitchen table and hoping that the warranty doesn't deny you.
I hope you are very young so when you're paying the bankruptcy lawyer you have enough life to earn your way past your mistakes. This is the worst year in many. Why would you do this to yourself?

Good luck!!....By the way when you drag that junker home let me know and we'll see who can get up the hill first.

Art Pfluger
Replied on Fri, Jun 14, 2019 at 08:27 AM CST
What program are you referring to?
Replied on Fri, Jun 14, 2019 at 08:27 AM CST
- 1
Originally Posted by: BOB CLOE
Quote: "I noticed a graph lately that sales for new trucks are so far down, compared to past years. Hardly anyone can afford them now."

That's bull manure, for the last two years, the delivery time for a new truck was over a year. Time has been better on delivery now, about nine months.

Replied on Fri, Jun 14, 2019 at 08:27 AM CST
Originally Posted by: BOB CLOE
Quote: "I noticed a graph lately that sales for new trucks are so far down, compared to past years. Hardly anyone can afford them now."

From what I can tell, the damage is self inflicted. The stock market is at all time highs, everywhere I look I see new construction, both residential and commercial, landscapers are working from sun up to sundown, so I can only conclude that too much capacity has been added to the market, it seems dummies would rather have a bunch of trucks that are loosing money, instead of a few that make money, just so they can go bragging at the bar about how much Iorn they have, right before the bank forecloses.
Replied on Fri, Jun 14, 2019 at 08:27 AM CST
Originally Posted by: KEVIN SINGLETARY
Quote: "you think that might be the answer huh ? i'm thinkin owner operators should be required to attend business management classes before being allowed to either recieve a dot number or renew insurance and plates........ i think that would level the field . "

I like this response. I also like to get up and down the road look good doing it with a smile on my face. Sure my peterbilt could use some paint, polish and a good wash but there are bills coming and more loads to haul. Sure your new truck turns heads but why strap the check book so tight that will take care of its self.
Replied on Fri, Jun 14, 2019 at 08:27 AM CST
Originally Posted by: BOB CLOE
Quote: "I noticed a graph lately that sales for new trucks are so far down, compared to past years. Hardly anyone can afford them now."

I wouldnt buy a new truck because of financial reasons. is the truck company going to make your payments while your truck sputters and coughs its way to the next garage for another useless sensor that went down the wrong trail? Your new truck is worth a third of its value in 4 years. my 40k truck in 4 year is worth 30k
Replied on Fri, Jun 14, 2019 at 04:31 PM CST
Originally Posted by: ANDREW WENGER
Quote: "I wouldnt buy a new truck because of financial reasons. is the truck company going to make your payments while your truck sputters and coughs its way to the next garage for another useless sensor that went down the wrong trail? Your new truck is worth a third of its value in 4 years. my 40k truck in 4 year is worth 30k"

I agree with this statement 100 percent. I personally won't buy new because my bank would crucify me, and second reason I won't buy new is because they took the mirror off the door!! You can spend alot of money fixing up a reliable oldie and still be under a new truck payment, and look good doing it
Replied on Sat, Jun 15, 2019 at 08:02 AM CST
One more reason i like my old truck. I like home time with wife and my children and i can afford a few extra days off a year and it all works out fine. This whole trucking thing is a tightrope game. You need to figure out how much money you can live off of and pay bills and if you make to much you may as well save a few checks for uncle sam. A new truck would take care of that issue for a few years. If you always buy new equipment I am convinced that the people assembling make out better then end users.
Replied on Sat, Jun 15, 2019 at 08:02 AM CST
Could you explain your weekly hard costs. Something seems wrong in the math since i barely even gross that a year and I usually have a smile on my face.