I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
I was wondering if anyone has done the maths on the estimated net cost per mile? I.e. to include diesel as a variable, tax, insurance, servicing, taco calibration, wear and tear, driver salary, rental/purchase costs, etc etc. I’m
Sure the list is endless. May help people when they are assessing taking a load which may well be costing them money.
Just done a very basic sum of diesel per mile at 9 mpg and salary at £20.00 per hour which works out at £1.25 per mile excluding all additional costs. Therefore taking at load at anything like that figure is financial suicide.
Sure the list is endless. May help people when they are assessing taking a load which may well be costing them money.
Just done a very basic sum of diesel per mile at 9 mpg and salary at £20.00 per hour which works out at £1.25 per mile excluding all additional costs. Therefore taking at load at anything like that figure is financial suicide.
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
Motor transport used to produce a fairly accurate vehicle costing table but last one was 2020 it used to be fairly accurate as pretty much took everything into account
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
just had a quick look, not entirely sure I was reading it correctly but it looks like it was £2.00 per mile then with diesel at just over £1.00 per litre, 50% cheaper than it is now. Therefore even at £2.00 a mile you will not even be breaking even.
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
yep correct plus wages on the 2020 table are at 38k pa on an artic now way higher, plus adblue doubled in price insurances shot up, quick maths says it’s more around 2.50 per mile now cost wise
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
I am new to this industry, and struggling to understand why hauliers would take a load paying just over £1.00 per mile. It’s financial suicide.Joarmal wrote: ↑Mon Mar 27, 2023 12:56 pmyep correct plus wages on the 2020 table are at 38k pa on an artic now way higher, plus adblue doubled in price insurances shot up, quick maths says it’s more around 2.50 per mile now cost wise
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
think this also takes into account a 30% profit margin therefor giving u £2 per mileWaynim wrote: ↑Mon Mar 27, 2023 12:56 pmI am new to this industry, and struggling to understand why hauliers would take a load paying just over £1.00 per mile. It’s financial suicide.
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
got to also take the variable of outbound inbound into account though when pricing say you get an outbound that 150 miles paying 450 that’s 3 per mile the get a reload ( in perfect world from same area ) so 150 miles back paying 300 that’s only £2 per mile, but your overall journey is 300 miles and charged £750 that’s £2.5 per mile overallWaynim wrote: ↑Mon Mar 27, 2023 12:56 pmI am new to this industry, and struggling to understand why hauliers would take a load paying just over £1.00 per mile. It’s financial suicide.
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
I don’t seem to be seeing rates like that. The one I saw recently way 250 miles outbound, returning empty trailer and paying just over £400.Joarmal wrote: ↑Mon Mar 27, 2023 12:58 pmgot to also take the variable of outbound inbound into account though when pricing say you get an outbound that 150 miles paying 450 that’s 3 per mile the get a reload ( in perfect world from same area ) so 150 miles back paying 300 that’s only £2 per mile, but your overall journey is 300 miles and charged £750 that’s £2.5 per mile overall
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
because they're bell ends...Waynim wrote: ↑Mon Mar 27, 2023 12:59 pmI don’t seem to be seeing rates like that. The one I saw recently way 250 miles outbound, returning empty trailer and paying just over £400.Joarmal wrote: ↑Mon Mar 27, 2023 12:58 pmgot to also take the variable of outbound inbound into account though when pricing say you get an outbound that 150 miles paying 450 that’s 3 per mile the get a reload ( in perfect world from same area ) so 150 miles back paying 300 that’s only £2 per mile, but your overall journey is 300 miles and charged £750 that’s £2.5 per mile overall
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
its because theyre pricks mate & have truck payments so think if its moving its earning, f**king deluded, probably factoring every invoice to get the money in as fast as they can, for every 10 hauliers that say they will refuse loads at shit rates another 10 will take them, no solidarity in this gameWaynim wrote: ↑Mon Mar 27, 2023 12:59 pmI don’t seem to be seeing rates like that. The one I saw recently way 250 miles outbound, returning empty trailer and paying just over £400.Joarmal wrote: ↑Mon Mar 27, 2023 12:58 pmgot to also take the variable of outbound inbound into account though when pricing say you get an outbound that 150 miles paying 450 that’s 3 per mile the get a reload ( in perfect world from same area ) so 150 miles back paying 300 that’s only £2 per mile, but your overall journey is 300 miles and charged £750 that’s £2.5 per mile overall
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
30% profit “heaven”Martium wrote: ↑Mon Mar 27, 2023 12:57 pmthink this also takes into account a 30% profit margin therefor giving u £2 per mile
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
Everybody’s costs are different so it’s hard to put a PPM.
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
We use £2.00 per mile as start for 7.5tons and it goes up according to lorry weight. [And we use the 7.5tons mostly for local jobs, where clients pay per job, anyway.] For artics, we don't even switch the computers on for anything under £2.5 per mile. International even more. And since 2nd of January we always charge full payment in advance! No exceptions... Mind also that our income stream is widely varied (freight forwarding / sea shipping, road transport, machinery export, logistics project management, and others) and our trucks are not THE ONLY source of income! And yet, we stick to our guns re price per mile...
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
Standing costs + fuel is simplest way.
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
What's needed is some boffin who can write code to make an algorithm that harvests all these appalling jobs up. Then create a shell company that hoovers up all these poor paying jobs. Then simply don't actually do these jobs & leave the wastrels advertising these shocking rates swinging in the wind
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
that made me smileRobMint wrote: ↑Mon Mar 27, 2023 1:05 pm What's needed is some boffin who can write code to make an algorithm that harvests all these appalling jobs up. Then create a shell company that hoovers up all these poor paying jobs. Then simply don't actually do these jobs & leave the wastrels advertising these shocking rates swinging in the wind
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
I tried it when diesel was £1.50 a litre @ 8mpg working out at 82ppm. Basing it on 1500 miles per week and factoring in every other cost i could think of it came out @ approx £1.50 per mile. Truck and trailer repayment being £1200 per month
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
Love this post
I used to follow the Motor Transport table too and it worked fairly well. Everything is variable from haulier to haulier costs wise but £2.50 a mile (all miles) or as close to that as you can get on distance stuff seems about right. Local jobs pay a lot more as it’s a time factor more than anything else. I will very gladly park a truck or two up rather than send them out to loose money, we all know our standing costs but what’s your cost sending one out at £1.50 a mile say on a 500 round trip! I’d dread to think about it
I used to follow the Motor Transport table too and it worked fairly well. Everything is variable from haulier to haulier costs wise but £2.50 a mile (all miles) or as close to that as you can get on distance stuff seems about right. Local jobs pay a lot more as it’s a time factor more than anything else. I will very gladly park a truck or two up rather than send them out to loose money, we all know our standing costs but what’s your cost sending one out at £1.50 a mile say on a 500 round trip! I’d dread to think about it
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
I worked out when fuel was £1.90 per ltr + adblue it was physically costing £1 per mile to run my truck, based on 10mpg average,
That’s not including any standing charges (insurance tax etc)
Then I just look at any rates and work out what profit there will be left after that and go from there,
I also don’t have drivers wages as such as I’m a owner driver, so when there’s decent profit in the month I can take a little bit more and when it’s rough (like now ) I can take the bare minimum,
It won’t make me a millionaire anytime soon but it seems to work for me!
But everyone’s got different costs and setups
That’s not including any standing charges (insurance tax etc)
Then I just look at any rates and work out what profit there will be left after that and go from there,
I also don’t have drivers wages as such as I’m a owner driver, so when there’s decent profit in the month I can take a little bit more and when it’s rough (like now ) I can take the bare minimum,
It won’t make me a millionaire anytime soon but it seems to work for me!
But everyone’s got different costs and setups
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
you must have some posh diesel. The most I've paid was £1.62.Gabrimo wrote: ↑Mon Mar 27, 2023 1:09 pm I worked out when fuel was £1.90 per ltr + adblue it was physically costing £1 per mile to run my truck, based on 10mpg average,
That’s not including any standing charges (insurance tax etc)
Then I just look at any rates and work out what profit there will be left after that and go from there,
I also don’t have drivers wages as such as I’m a owner driver, so when there’s decent profit in the month I can take a little bit more and when it’s rough (like now ) I can take the bare minimum,
It won’t make me a millionaire anytime soon but it seems to work for me!
But everyone’s got different costs and setups
Currently £127.3
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
that was based on pump prices including vatPaultern wrote: ↑Mon Mar 27, 2023 1:09 pmyou must have some posh diesel. The most I've paid was £1.62.Gabrimo wrote: ↑Mon Mar 27, 2023 1:09 pm I worked out when fuel was £1.90 per ltr + adblue it was physically costing £1 per mile to run my truck, based on 10mpg average,
That’s not including any standing charges (insurance tax etc)
Then I just look at any rates and work out what profit there will be left after that and go from there,
I also don’t have drivers wages as such as I’m a owner driver, so when there’s decent profit in the month I can take a little bit more and when it’s rough (like now ) I can take the bare minimum,
It won’t make me a millionaire anytime soon but it seems to work for me!
But everyone’s got different costs and setups
Currently £127.3
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
VAT is irrelevant and if you're paying pump prices you aren't fit to call yourself a businessman.Gabrimo wrote: ↑Mon Mar 27, 2023 1:10 pmthat was based on pump prices including vatPaultern wrote: ↑Mon Mar 27, 2023 1:09 pmyou must have some posh diesel. The most I've paid was £1.62.Gabrimo wrote: ↑Mon Mar 27, 2023 1:09 pm I worked out when fuel was £1.90 per ltr + adblue it was physically costing £1 per mile to run my truck, based on 10mpg average,
That’s not including any standing charges (insurance tax etc)
Then I just look at any rates and work out what profit there will be left after that and go from there,
I also don’t have drivers wages as such as I’m a owner driver, so when there’s decent profit in the month I can take a little bit more and when it’s rough (like now ) I can take the bare minimum,
It won’t make me a millionaire anytime soon but it seems to work for me!
But everyone’s got different costs and setups
Currently £127.3
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
yes, but you should be charging more VAT on outputs than you are paying on inputs. Therefore VAT is a cash positive benefit assuming you are "cash accounting" for your VAT as a small business.
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
yes but like I have just said above, you still need to have it available to pay it out before you can claim it back
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
if you're so skint that the VAT is an issue you maybe need a different career.Gabrimo wrote: ↑Mon Mar 27, 2023 1:13 pmyes but like I have just said above, you still need to have it available to pay it out before you can claim it back
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
your doing well to average 10mpg.Gabrimo wrote: ↑Mon Mar 27, 2023 1:09 pm I worked out when fuel was £1.90 per ltr + adblue it was physically costing £1 per mile to run my truck, based on 10mpg average,
That’s not including any standing charges (insurance tax etc)
Then I just look at any rates and work out what profit there will be left after that and go from there,
I also don’t have drivers wages as such as I’m a owner driver, so when there’s decent profit in the month I can take a little bit more and when it’s rough (like now ) I can take the bare minimum,
It won’t make me a millionaire anytime soon but it seems to work for me!
But everyone’s got different costs and setups
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
..Tarbban wrote: ↑Mon Mar 27, 2023 1:15 pmyour doing well to average 10mpg.Gabrimo wrote: ↑Mon Mar 27, 2023 1:09 pm I worked out when fuel was £1.90 per ltr + adblue it was physically costing £1 per mile to run my truck, based on 10mpg average,
That’s not including any standing charges (insurance tax etc)
Then I just look at any rates and work out what profit there will be left after that and go from there,
I also don’t have drivers wages as such as I’m a owner driver, so when there’s decent profit in the month I can take a little bit more and when it’s rough (like now ) I can take the bare minimum,
It won’t make me a millionaire anytime soon but it seems to work for me!
But everyone’s got different costs and setups
- Attachments
-
- Picture.jpg (61.09 KiB) Viewed 747 times
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
And before anyone says it yes there’s a brake warning on the screen! Just a low pad and it’s been fixedTarbban wrote: ↑Mon Mar 27, 2023 1:15 pmyour doing well to average 10mpg.Gabrimo wrote: ↑Mon Mar 27, 2023 1:09 pm I worked out when fuel was £1.90 per ltr + adblue it was physically costing £1 per mile to run my truck, based on 10mpg average,
That’s not including any standing charges (insurance tax etc)
Then I just look at any rates and work out what profit there will be left after that and go from there,
I also don’t have drivers wages as such as I’m a owner driver, so when there’s decent profit in the month I can take a little bit more and when it’s rough (like now ) I can take the bare minimum,
It won’t make me a millionaire anytime soon but it seems to work for me!
But everyone’s got different costs and setups
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
your doing well. I get 6.1 in the cityGabrimo wrote: ↑Mon Mar 27, 2023 1:16 pmAnd before anyone says it yes there’s a brake warning on the screen! Just a low pad and it’s been fixedTarbban wrote: ↑Mon Mar 27, 2023 1:15 pmyour doing well to average 10mpg.Gabrimo wrote: ↑Mon Mar 27, 2023 1:09 pm I worked out when fuel was £1.90 per ltr + adblue it was physically costing £1 per mile to run my truck, based on 10mpg average,
That’s not including any standing charges (insurance tax etc)
Then I just look at any rates and work out what profit there will be left after that and go from there,
I also don’t have drivers wages as such as I’m a owner driver, so when there’s decent profit in the month I can take a little bit more and when it’s rough (like now ) I can take the bare minimum,
It won’t make me a millionaire anytime soon but it seems to work for me!
But everyone’s got different costs and setups
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
tbf it only drops to about 9 if it’s got a low loader trailer on
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
No we all just bought a lorry and then just plucked a price out of thin air and thought we all be a millionaire in a year
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
mate get used to it grow a skin like a rhino no room for softy’s
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
Another factor would be area, motorway work compared to hills ie Wales, the Dale's etc, plus that's a hell of a wage for the driver sign me up!!
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
worth looking further afield for more per hour as a tramper you’ve only got to travel the 2 or 3hours to base twice a week
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
Anyone running a business properly knows all the costs involved!
Transport is slightly more variable ,but yes we have worked out the costs we need per mile
Transport is slightly more variable ,but yes we have worked out the costs we need per mile
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
everyone's overheads are different you need to know your costs
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
I packed up in 2018 pal and I was earning £2.00 per mile + and then you weren't earning a fortune, I was on powder tank work
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
If you don't know you should not be running à vechule didn't you learn anything when you passed your cpc
Re: I was wondering if anyone has done the maths on the estimated net cost per mile? I.e to include diesel as a variable
I’m not running a’ vechule, and I dont remember anything on my cpc about running at a loss. I am trying to learn more about the business. I work for an independent haulier. Once again many thanks for your help in the constructive front.
Who is online
Users browsing this forum: No registered users and 1 guest