Generally, the average dump truck cost varies between $6,000-$160,000, depending on age, engine size, and loading weights. Specifically, budget-range dump truck prices range from $60,000-$100,000 new and $6,000-$20,000 pre-owned.
How much does a 2020 dump truck cost?
So, how much does a new dump truck cost? New models often times sell at over $100,000-150,000. Depending on the payment option and credit score, owner-operators can expect to finance at dump truck for as low as 5.49-5.9%. For most commercial tri-axle dump trucks, insurance costs on average $6750 a year.
How much money can you make with a small dump truck?
Payscale estimates that a dump truck owner-operator can earn anywhere between $40,000 – $197,000.
Is owning a dump truck profitable?
Owning a dump truck company can be challenging. … Dump trucks average 5 to 6 miles per gallon, so any slight increase in the price of fuel can cut into your profit margins. The good news is the dump truck service industry is a $19 billion industry and is expected to grow 1.8% annually over the next five years.
How long do dump trucks last?
The average useful life for a light dump truck is 7 to 10 years.
What is the best dump truck to buy?
Top 8 Best Dump Trucks
- VOLVO. Volvo Trucks is one of the leading heavy truck and engine manufacturers in the world. …
- WESTERN STAR TRUCKS. Western Star produces a range of Class 8 commercial vehicles for both highway and off-road use. …
- MACK TRUCKS. …
- INTERNATIONAL TRUCKS. …
- PETERBILT. …
- KENWORTH. …
- FREIGHTLINER. …
How much fuel does a dump truck use per hour?
Dump trucks require a lot of fuel to operate. It’s the biggest operating expense you have in your daily operations. Some models are more fuel-efficient than others. Class 8 models will typically get around 3.2 gallons per hour for short hauls, and 6.2 for highway hauling.
What is high mileage for a dump truck?
The average range is in the neighborhood of 50,000 to 75,000 miles per year. In applications that keep the truck in the dirt, the mileage will be lower. Trucks that spend a lot of time on pavement tend to rack up more miles per year, he says.
How much do Owner-operators make after expenses?
How much an owner operator gets paid is affected greatly by expenses. According to Indeed, an independent truck driver’s gross pay averages $183,000 per year, but expenses can run over 70% percent. Thus the average owner operator pay drops to around $50,000-$60,000 take-home.