Yea I will never understand why anyone wants a bunch of dump trucks, $170-180k new before prices went stupid for light spec to make $85/hr. Right now fuel is going to cost $35/hr alone. Any half decent driver $25/hr. Not much left to pay for the truck or try to make money. Add in that if the truck is getting paid for 8 hours a day, you're paying the driver 9 maybe even 9.5 hours. Not the business I want to be in.
Even if you need the truck for support equipment, if you spend $200k and finance it, you're competing against guys with paid for trucks worth $50k or less most likely, their overhead is a lot less.
For me ALL my equipment is worth about $250k and paid for, no employees, my overhead is insurance and small shop/yard space I can undercut anyone if I wanted to. I don't use it for that, mostly I use it to pass on jobs that don't pay well, even if not much work around I pick and choose what jobs I take because it doesn't need to work much to pay the bills, i'd rather sit at home for a week then take a job that doesn't pay much. If you have a $200k truck to pay for, you likely don't have that option, you have to keep it busy.
Even if you need the truck for support equipment, if you spend $200k and finance it, you're competing against guys with paid for trucks worth $50k or less most likely, their overhead is a lot less.
For me ALL my equipment is worth about $250k and paid for, no employees, my overhead is insurance and small shop/yard space I can undercut anyone if I wanted to. I don't use it for that, mostly I use it to pass on jobs that don't pay well, even if not much work around I pick and choose what jobs I take because it doesn't need to work much to pay the bills, i'd rather sit at home for a week then take a job that doesn't pay much. If you have a $200k truck to pay for, you likely don't have that option, you have to keep it busy.
