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cost to run truck per mile

just got home did taxs repair cost per mile .07,,, fuel cost 1.23 per mile what u guys think talk to me kevin

Answer this question I have this problem too

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Fuel cost per mile should be calculated by total amount spent on fuel divided by total miles ran any period specified, be it in one week or in a month etc. for the first time I saw mine was when I did my income tax paper work this year (ashamed to say- I was tracking only my miles per gal all the time) . I just went and calculated mine for the month of January and it is on 6811 mi I spent $3510.8, which gives me .51c per mile. Now the cost of my operation is a different story. That would take in account my expenses deductions, taxes, fees, etc, so that number will be higher. If my other expenses are another 3000 or so, easy to figure by adding them up, then 6811 miles div by 6510.8 is $1.04, which would be the cost of my operation. If I am to make any money I better make more then 1.04 per mile on my loads.

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"do you have wheels on that truck,our first 3 weeks as o/o is .80 per mile"

80 CPM??? I guess if you don't include capital costs, plates, insurance, maintenance or wages you could make yourself believe that's what your cost to operate is. This is how people run for .95 a mile plus a surcharge and pretend that they are making money.

My ballpark CPM is $1.00 plus what ever fuel works out to at 6 MPG which this week is about 66 cents.

Kevin

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Maintenance cost per mile is excellent, something has to be wrong with your fuel cost per mile calculation.

In the worst case scenario a truck getting 4 mpg and paying $4/gallon for fuel would have a cost per mile of:

$1.00 per mile.

On the other extreme a truck getting 8mpg and an average fuel cost of $3.80/gallon would have a fuel cost per mile of:

.47 cents per mile.

You should be somewhere in between.

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do you have wheels on that truck,our first 3 weeks as o/o is .80 per mile

Update

good point as a 3 week old we for got to add our wages,we did add plates,ins,maint, fuel, truck payment,etc

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Your repair CPM is good but your fuel cost per mile is horrible. There has to be something wrong with the calculation. My fuel cost per mile for last year was .46 with a fuel mileage of 7.62 so even if your fuel mileage was half that it would still make the cost under $1. Something is wrong somewhere.

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whats yor mpg, and what state do you buy your fuel in.

what do you haul?

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My fuel cost is .48 cpm. You must have your math off.

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1st we are auto haulers .65-.75 cpm fuel last year for all trucks <x4>. Our total cpm was 1.25-1.42 . Not all operations are the same. Also if the original thread just started gauges he may not have much cost yet. plates due in july? insurance due when?? no repairs, ect ect

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My cost per mile to operate one truck and a reefer with my own authority was 1.21 in 2011. Had some repairs expenses and am working on fuel mileage, but my fuel mileage is going up at about the same rate as fuel, right now, so....Also will have more repair bills for 2012 to get/keep the old girl in good shape but then should just be maintainance costs after that.

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My YTD cost of operation is 1.29 per mile. That's EVERYTHING, the plates and my 2290 I know the cost of and have divided by 12 and enter it monthly but that is my parking space, gloves, scales, tolls, fuel, fax line, etc...

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Gary will be eternally grateful.
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