This is something I have posted on many occasions but never got any real answers from anyone. I assume that nobody wants to give up the info to protect their own interests and business. I live in Colorado and I am currently in the process of getting my authority to haul cars. I drive a 2004 QC dually and pull a 3 car wedge.
I would like to keep my runs over 750 miles distance per trip because I don't want to spend all of my time loading and unloading cars plus I have aging family members down south I would like to visit with much more regularly. I know shorter runs pay more per mile but you can't drive if you're swapping cars around plus I'm just not that young anymore. I have decided that I want to drive approx. 5000 loaded miles per month which will have me probably driving 2000-3000 unloaded for a total of 7-8k per month. I figure at $1. 50 per loaded mile (50 cents per car times 3) I should be able to make about 48k per year (before income tax & S. S. ). This is after all expenses like fuel, maintainance, repairs, tires, broker fees, tolls, taxes, hotels, truck/trailer replacement, etc. are taken out except start up cost.
I am a bit concerned though looking at the sites like carsarrive.com, CentralDispatch, CarLoadUSA and others because there are few loads on there that are paying . 50 per mile, per car. Most seem to be under 40 cents/mile which would put me from 48k per year income to under 27k!! in which case I will starve.
I am considering doing this for a year or so and if I still like it then going to an 18 wheeler with an 8-10 car trailer. However I keep hearing drivers say things like they make more money pulling 3 cars than when they drove a big rig pulling 8. How can this be? I have heard figures of drivers making anywhere from 85 cents per mile (fully loaded) to over $2. 50!
So my ultimate question is who is paying real money for moving cars? I know auctions pay more but again are generally shorter runs. Is there anybody out there who can spell this out for us newbies once and for all?
Thanks in advance, Dan.