Dump Truck Monthly Expenses on My 2003 Kenworth T800 Truck and Trailer Dump Truck. $$$
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- Опубліковано 29 вер 2024
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How much does it cost to operate a dump truck every month? What are my typical expenses? I break all that down for you here.
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I'm retired now but I owned 3 trucks in my 41 year career and it's not easy but truckin was a great career alot of people just don't understand. Keep on truckin Dominique.
It’s nice to see your channel growing.
Wow how things have changed since I sold my truck 20 years ago crazy that FMCSA fee what a bunch of BS that is
Daum , this Video is a real eye opener as to what the current expensive are to running a trucking business.
Good sharing.
I totally get it we own a well drilling business and to run 4 drill rigs 3 crane trucks and F-150’s all over the place it’s over 25,000$ a month just in fuel
This lady is honest and strong enough to stand for all these things alongside her family, home and husband. Deserve all the best + support for her channel and social media 👍🏻
Big trucks= big bucks
Thanks For Sharing!!
Nothing Is Cheap Anymore!!
We Are Paying Just Shy Of 6 Bucks A Gallon For On Road Fuel On Average!!
How About You ?
Keep Smiling On!!
😀👍👊
$6.19
wish said how much made monthly as well.
20k in overhead... man those jobs must pay well. Nice nice :)
Great video, very impressive!
Fuel cost are breaking the very back of our economy. I’m assuming your fuel on the west coast is expenses as Midwest. We are current over $5. Per gallon for off road fuel highway fuel is at $6. Per gallon. I’m have customer telling me they can’t afford the price of my hay. My current situation is not to bale any hay that not ordered. I know trucking is a very different type of service however be careful that you don’t have customers who don’t or can’t pay for your service. Best of luck to you guys.
Wow, it’s expensive. But, if you can bill the hours, you can make money.
Been contemplating getting a tri axle for my excavation business. Everyone I talked to says it's 10k a yr before even turning a key or before payments on the truck. Insurance, registration, over weight permits etc. Could you specify and go a little more into depth. Some of it like the registration is state. But the over weight and Insurance doesn't vary state to state from what I understand
People don’t realize how much it takes each month especially if you a owner operator sure their are truck drivers who complain about stuff but they don’t understand what it takes each month to keep going. Love your video Douminique 🦺✌️❤️❤️🤠
Agreed
@@DauminiqueTheDumpTruckDriverDD
@@DauminiqueTheDumpTruckDriver DDuskmT
Duskwm come on and energy what's up I better give it
Keep on rocking ! Vervy informative
Cool vid keep tracking and keep up the good work
Thanks
You are very welcome
Hats off to you but i would rather drive for some one than own my own truck. I have 2 old truck that i use some they are payed for but i need anther trailer but the way things are i cant bring my self to spend the money i cant eat a trailer.
Your insurance cost are insane, that what I pay basically for three dump rigs. And even can have 18 year old drivers.
You’ve probably been in business longer than 6 months 🤷🏻♀️
How do you come up with a business plan? I literally have no money saved up buy I would love to have my own dump truck!
I SCREWED UP!!!
ua-cam.com/video/UzAmOkSNSHE/v-deo.html
I had one written and it did me no good.
@@DauminiqueTheDumpTruckDriver Yeah I meant to write this on that video but I didn't find it, sorry. Do you need to write projected expenses up or what all do you need to include in it? I discovered and watched many of your videos today lol.
@@DauminiqueTheDumpTruckDriver I guess what I'm trying to say is where do I start?
@@ZehavaZelinda I had a full business plan with work leads, projected income and projected expenses….no one would loan me money to start even though I had been working in the industry for 10 years. I was only able to buy a truck after a family member loaned me the money for the truck. But I still had to pay sales tax, and start up costs myself. It was very difficult even with me level of knowledge and my husband as my mechanic.
@@ZehavaZelinda get a CDL, get a job driving a dump truck. That will teach you what you need to know about how your local industry works.
Wow more than I thought how much do you get and hour
Right now it’s $182
Interesting thanks for the reply from Woodstock ct
@@DauminiqueTheDumpTruckDriver Wow, about 50 hours a month just to pay expenses, you’re a hard working lady. 😀👍🇦🇺
Dauminique, does your drop axle steer? I was lucky when I had my dump truck loader backhoe. Diesel was 99cents a gallon. Hang in there. Hopefully things will get better
No they don’t steer
@@DauminiqueTheDumpTruckDriver steerable the best
@@JMAC-rs6ey yes,it does cut down on the wear
Well I had a 9 ton deck between wheels trailer. Every time I made a turn,the wheels used to skid. Not good for wear.
What ticket brand do you buy? I have the ones from Western States.
I’m having custom tickets printed
And ifta fuel taxes
I don’t cross state lines
@@DauminiqueTheDumpTruckDriver I enjoy ur videos greetings from Trinidad and Tobago 🇹🇹
@@DauminiqueTheDumpTruckDriver best of luck to you. I drive a cat 797 mine haul truck 3,400 horsepower dump truck CAT. 12 foot tires. LETS ROLL
You didn't say what your gross was
Doing 👍 👌 👍 👌 keep up the great work.?
An absolute gauntlet of fees to pay for having your own business, disgusting.
Unsubscribed, too many adverts
C ya! 😀
You forgot to add your license plates
Love these videos. It's so important to educate folks about the real cost of running equipment. Thanks for sharing.
Thanks for watching
I can’t stand to go in and pay $65 dollars just to see if I’m on drugs. That what makes me made just one more person trying to get your money as a owner operator
Agreed
Hello, thx for being open w/ sharing the numbers & have great day!
Dominique
Good afternoon
Is a lot of money on expenses, you did not count your salary and mechanic salary , so It Will be more and less 18.000,00..
Have a nice day.
BEST REGARDS
26 June 2022 / 15:53 hrs
Wow , thanks for sharing your experience, as a general contractor I know all the unknown costs that are not seen, you didn’t mention that you have to pay for your own medical, dental, ira, ssa , Keep on Trucking!
Maintenance will save you from a lawsuit if something happens on the road. Definitely worth the investment to keep up the maintenance!
Single owner operator shouldn't have to have a consortium. Never mind you have a driver so you have a driver file drug deal
Its definitely expensive to run a truck. Just keep your rate up and be easy on the truck. You’re doing great it seems
Thank you, for being so refreshingly honest and cut through all the bull and just tell it how it is. Though I don't want to start my own dump truck company, I think it's interesting to watch you go through the process with a good attitude and a loving, supportive hubby.
Costs seem pretty "normal" for these days. Fuel ugh! But it is what it is. Hiring a bookkeeper is a smart move, they can usually spot irregularities and trends that might pop up when you would overlook them. Hiring a bookkeeper is something that more people should do and don't many times usually to their dismay. Out of curiosity, do you get any insurance break if you use a dash cam? I have heard of that but the people I drove for never said anything about an insurance break.
What I really want to know is how did you flip the photo at 4:10 and turn your T800 into right hand drive. Just checking to see if we are paying attention?
It's done by what kind of camera that your using, like a mirror image . I have a friend and she is a part time ( now and then ) picture model and she has a tattoo on one of her shoulders and she can move it from one shoulder to the other using different camera imaging .
You should call ooida they can help with all different types of things including insurance
This is a great video, explaining everything about your expenses and breaking them down . Everything thing that you do, is costing more and more and the government is right in there wanting a big part also and they don't care . You are very lucky that you have Bobby and can do your own repairs .
It's great that your truck is a 2003 model and doesn't require DEF either .
Things are so different now, compared to back years ago when my dad had trucks. My dad was a person that was always big on maintenance on the trucks . He always had new extra ( normal wear out or breakable parts ), stocked ahead . Oil, oil filters, fuel filters, antifreeze, gear lube , grease, light bulbs, extra belts, wheel seals several new sets of brakes, a couple of new extra sets of springs, extra lug nuts, extra new tires and tubes and several extra rims . So if he had a breakdown, he didn't have to wait to get stuff or parts, most of the time he already had it in the garage at home . He even had his own underground fuel tank put in with a regular fuel station pump on it and once in a while would sell fuel to other people
He even got so, that he would have a complete set of winter time tires on rims and a complete set of summer time tires on rims and then swap them out back and forth over the next couple of years or so . So that he always had good tires for the weather. And then as the tires wore, he would buy one new set ahead .
Being able to have and set your own hourly rate is your greatest thing . And once you get to the point that you can work with your insurance rate, is really going to help you also .
Thanks for the video and take care and stay safe and keep on trucking .
As always, Jeffrey !!!
🤗👍💖💫
As always a great & informative video. You keep your truck so nice looking & maintained i did not even realize it was a 2003 model Kudos to you for doing that where i have seen some way newer trucks that looked in such sadd shape it was scary. Your husband being a diesel mechanic does have its perks & can't imagine what the shop rate for work is these days for large trucks. Kudos to you for choosing Kenworth as your truck brand as Kenworth has been my favorite large truck brand since late 70s&80s.
Yes but you are making probably 20k + and with those major expenses cut out wow that’s a living and a half! Y’all are rolling in dough the sad background music made it seem gloomy and sad hell 10k in expenses you’d still be making good money. I’m I. Tennessee and every job for dump trucks is averaging 125 an hour WITH a fuel surcharge people that’s $6250 a week. I was a former diesel mechanic making WAAY LESS . And now you got the UA-cam thing going too congratulations.
What part of Tennessee u in making that much
What part of Tennessee u in making that much
@@Ghostpeppa354 quarries in Columbia and Franklin near nashville $125 plus fuel surcharge ! Vulcan is the name big bucks is the game This video gave me weird vibes bro If she’s anything close to me she’s clearin 6figs with all expenses out
I enjoyed this video because I get a chance to see you once ago. I never realized it was so damn costly to keep a truck on the road. So your truck just has to keep rolling to cover the overhead. You have a beautiful family too. Be safe!!!
I didn't hear how much the license and tonnage cost, being a Washingtonian I know that this state is outrageous for licensing. Great video, you are one impressive lady!
Tonnage is only $110 a month. It’s really not bad.
Really appreciate your detailing this authentically and honestly, quite an insight you offer into your situation. As for me running my own handyman business, the bookkeeping has been my sore spot, but I am impressed you have a bookkeeper and run your business so well and professionally. Kudos to you and your husband for supporting you.
Can we ask what you're grossing?
What do you charge per hour? You’d need roughly $56 an hour based on a 40hr week to cover that so I’m assuming your hourly rate is $100-$130 at the minimum.
$170-$230 an hour t&t
That payment for drug testing to another company sounds like a scam to me. I do building maintenance and some big companies won’t hire me unless I pay an annual fee to a company that checks to make sure I comply with safe work practices and have the required insurance in place like $20 million public liability. Needless to say I’m not paying and told them to take a hike. What is the annual registration cost for your truck? Watching from Perth Western Australia.😀👍🇦🇺
I really enjoy your video’s. I’m a licensed contractor but did drive class A for a few years hauling wide loads up and down the east coast. I have always thought about getting my own truck. My brother in-law now owns 2 trucks in 3 years hauling fuel in tankers. He has been making a ton of money the past couple years. I’ve looked into buying a truck but I don’t think now is the time to buy.
Used truck prices at auctions are declining. So time to wait a little while longer.
(CHIC'S RULE).
thanks for sharing the expenses with us. lots of folk think working for yourself is easy peasy.
I was self employed for around 12 years but decided to go back to being a Union Journeyman.
that decision worked out very well for me.
I wanna know how much you make
Right now I think Fuel is everyone's greatest monthly expense.
Very helpful information! Thank you
Good 👍
That's alot for expenses I hope you are making at least 25000 to 30000k a month or it's not worth the headache.
More…
I spend 3000.00 a week in fuel . I run Pittsburgh to Seattle
I don’t drive nearly the amount of miles as you do.
@@DauminiqueTheDumpTruckDriver lil lady you drive awsome .. you impressed me with your driven skills.. i was a trainer at pgt for a few years . I wished we had more deivers in the road like you. I knw you drive local... i goung to drive local soon i getting to old to be running like i do . I miss my beautiful wife of 39 years . And ahe misses me all the time.. i go home every 2 weeks
You forgot your quarterly federal estimated tax which is normally 25% of your net income.
If I was planning on making a profit that would be an expense. Because I’m planning on investing in more equipment, I won’t be paying that.
@@DauminiqueTheDumpTruckDriver
We only have about a 5% profit on our 300k annual income. Our tax bill will be small, but then, we are only home a couple of days a month.
🚛👍
That insurance is nuts I just priced insurance for a dump truck I'm looking to buy it's only 300.00 a month, I did run a car transport bussiness I paid 1200.00 a month for insurance on it
and no driver labor in that figure..
Owner operator expenses….
Hi. Here in Norway is different situation. One galon of diesel converted from litres ans uero to your language is 8.89 US dollars per galon. On the top of this price we pay expensive toll on road. Most of roads, vridges abd tunnels are private. Average price is around 50% of price of fuel per trip plus ferries. Of course we pay insurance, road tax, every 2 months truck inspection and all other bids like you.
Price of fuel is about 25% of transport price. We use very top spec trucks here modified for extreme winters, so heated windscreen, side windows, wiper blades, floors in cab, rubber seal in foors etc. During winter we must use winter diesel even more expensive. I drove in Canada, it was different. We drive here on narrow roads, small traffic here and no motorways not necessary. My truck without trailer cost over 250k Uero 267k USD
It is hard we love it as well as us drivers
A very good informative video,well done 🌹
Thanks
Hello Dauminique thanks for your sharing with us.how long before you have to get a back ground driver check on your son,lol. Keep up your great videos Dear. Forever a fan. Say hi to hubby and son
1200 for insurance isn't bad I run farm tags in Texas it's 300 a month 700 down payment
At the end of the day you is your own boss
YUP!
don't mean to offend you Dauminique but did you know you look like Holly Marie Combs the actress off charm , could be her twin haha
Tell me about it. Nothing is free. It cost you. You must maintain your truck, but, while you repair the brakes, I want to remind you to inspect the ACTUATOR DIAPHRAMS. If they show signs of cracking -- Replace OR, if it is affordable at this time, replace all. Do it for your own good. I have been there. I know what it is like to have a diaphragm busted on the run. Scary and nail-biting. Best wishes.
$9920 if my math is correct, not 8920 ;-)That's why you have a bookkeeper!
In any case, not easy to make enough to make all payments AND be profitable.
Where I am, the costs are roughly similar, but the pay rates/hourly rates for the truck are much lower.....
WHOA...OUCH!!! MAN THAT'S ALOT OF $ JUST 2 KEEP ON TRUCKIN DAUMINIQUE!!! I HAD PROGRESSIVE AUTO INSURANCE AND I HATED IT!!! THE MONTHLY PAYMENTS WER 2 DAMN HIGH!!! I KNO IT'S A DUM QUESTION DAUMINIQUE..BUT WAT IS THE DROP AXLE WHEELS R...4
When I first started my business I went through all of the start-up decisions that you have. My business lasted 17 years and the secret is listening to others in your business and use the things that you think will work for you and ignore the others. One of the best pieces of advice I got was from my accountant. I agree with your bookkeeper decision. Your most valuable time has to be spent driving the truck not keeping books. Mine advised me to always take a paycheck. Whether I cash the paycheck or stick it in a drawer is up to me as an employee of my business. I would suggest you write your husband a check for his work. It's a legitimate expense of your business and will probably help when it comes income tax time. If you/he chooses to put it in a drawer it becomes a savings account for when your business grows. True, it's income you will have to pay taxes on but not until you cash the check unless things in Washington State are different than Kansas. Is you bookkeeper an accountant that can advise you? It's worth the fee to ask.
Great video. So average how many hrs are you putting in vrs the 5000 fuel cost thanks
There's no bigger scam artists than insurance companies and I agree you're definitely paying more than you should. I also am going through Progressive and I have full coverage on my 379 Peterbilt, and full coverage on a brand new $80,000 side dump and $30,000 belly dump trailers with $5,000,000 liability coverage and I pay $380 per month for all of that setup. My other trucks and trailers are cheaper because I only have liability on them. They like to get you in on a cheap rate then down the road will increase your premiums drastically so what I do is just switch back and forth from Progressive to Hub International which is every year or so to keep my premiums low. Ya going to shop's for repairs can definitely put a small business out of business.
Your math is a bit off the mark, your total is $9770 PM ooops
I’m with progressive too , not bad 179.00 per month 750.000 liability and uninsured motorist and that’s it , and my truck is a small wrecker under reach , lolnice thanks BigAl, Diesel just went to 707 a gallon here in My town lol thanks BigAl California praise Jesus Christ grace amen 🙏
Busy busy lady. Kudos to you and your patient husband . Trucking isn’t cheap, and more times than not, when things do break they break BIG $$. I hope your exciting news is a new hubcap on that left rear drive!! 😂🤣🤓
I love your videos thanks for sharing your experience, I’m new to being owner operator love following you.
Progressive screwed me over royally when I was younger. I used them when I bought a car and they couldn't never get my information correct. Despite numerous phone calls to them to correct the issue they never got it right. A week before my wedding I was involved in an accident and found out then that Progressive had cancelled my policy for "no payment" because they couldn't get my address right to send the bill - though they had it right to send me my proof of insurance and some bills got to me. But for some reason they kept losing my address or something. I ended up filing a formal complaint with the WA State Attorney General over it. I've dealt with them on a professional level when I used to own my Private Investigation firm and they were awful to deal with if I was doing an accident investigation for a client. Horrible, horrible company. My advice for insurance is to use an insurance broker They will get you the best deal. I had to do that when I had my P.I. firm.
Exactly, in general most people don't realize what it cost to be an owner operator
Nope
Thanks for the review of the operating expenses for the Trucking Business! The insurance is quite high as well as the fuel costs. So it is smart to have the bookkeeper and husband to make the repairs. God Bless you and your family! Keep on Trucking!
Fuel is the biggest thing I’m burning 350 litres a day . Figure that out a month
When I tell people how much I spend just to stay in business they then get an idea of why it is so expensive to hire someone in my line of work to complete a job. The excavation business is expensive to operate.
Is your driver an employee or a subcontractor?My driver is an employee and the costs for even one employee are crazy money. 2 grand a year just for workers comp
totally true... trucks don't run, get the job done, and pay bills on love alone
Upload the video on the big announcement
Why the ads now? Not like you.
What do you. use laptops or. Desktops
It does cost a lot but as long as you make enough to cover those costs and make a profit then you are good.
Got to love nepotism, take it if you can .
u r so kind to share your info and thank you
That thumbnail is sublime👉🏼👈🏼
Dauminque I've noticed that here in Wisconsin I see very few tri axel dump trucks I do see mostly quad axel dump trucks Now the question is why?
Because they can haul more….
Wow Dominique I never knew it cost that much money just to own and operate your own truck that's an incredible amount of money but as long as you're making good money I guess you have no choice but to do it thank you for explaining this to people they will have a better understanding that you guys work very hard at your careers and you know what they say to make money you got to spend money
You are an amazing person to be able to juggle family and business.
Wow! Whaaaa! That's a lot of dirt hauling!
Oh you forgot the time you changed the engine mount. I think that was a huge maintenance too.
Dominique do you have a sister with sush great composure like you. Maybe you could hook me up. You are such a great woman. You husband is very lucky
That wasn’t this truck, that the truck I drove in 2020.
What’s your fuel bill with tax rebate, the loads u draw don’t seem all that heavy, or the box all that full, Maybe 60 -70 percent full, 102,000 lbs, 46 ton in every load eats tyres,
Tax rebate? I’m guessing that’s an OTR thing. I don’t cross state lines. They are legal loads, it’s load by weight, not volume. I’m good for 105,500.
Actually, I think $1200+ for insurance isn't all that bad, especially with only one truck/trailer combo. Don't know anything about Progressive, though. I think its a good idea to have a professional bookkeeper. They stay on top of all requirements and changes as they happen, so nothing should fall between the cracks. As far as your husband doing your mechanic work, I would come up with a payment plan, because it should be deductible, plus would help his business. Best of luck, keep on trucking, keep the shiny side up and the dirty side down, catch you on the bounce around. Dryrot said that. I'm gone
He’s on payroll
The video is very interesting, Thank you 😊.