Wayne Truck & Trailer Inc.
Sidney Location
2151 S Vandemark Rd,
Sidney, OH
937 639-1510
North Dayton Location
6455 Brookville Salem Rd,
Brookville, OH
937 637-1919
Truck Services
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With 3.6 million Truck Drivers in the US that gives an impressive $2,160,000,000 spent on coffee to keep trucks moving!
Cost Per Mile | Percent of cost | |
Fuel | $.40 | 23.8% |
Truck Payments | $.24 | 14.6% |
Repairs | $.16 | 9.4% |
Insurance | $.08 | 4.6% |
Permits and License | $.02 | 1.3% |
Tires | $.04 | 2.1% |
Tolls | $.03 | 1.6% |
Drivers Wages | $.55 | 32.7% |
Driver Benefits | $.17 | 9.9% |
I recommend that you combine your truck payment and repairs expense allocation. If you have purchased a used truck or you have your truck paid off your truck payment and repair percentages will be different from industry standard. You should allocate 24% for truck payments and repairs, what you don’t use for your truck payments should be placed into an account that you can access to cover repairs.
It may seem like you are throwing money away when you pay for a good inspection of your truck, however a good inspection is much cheaper than an emergency repair and/or breakdown on the road. To add a full inspection to your regular PM Service is an extra $148 compared to the average cost of $750 for an emergency repair, tow or roadside repair.