How Much Do Owner-Operators Spend on Repairs?

How Much Do Owner-Operators Spend on Repairs?

Jun 23rd 2023

Owner-operators of semi-trucks can make a lot of money every year, but they also have to invest a lot into their vehicles to make sure they can complete jobs. Your job relies on a functional semi-truck at all times, but maintenance costs can be high. Here’s a deeper look into how much owner-operates should spend on repairs.

Average Yearly Costs

It’s best to break down the average costs per year to determine your budget. Most owner-operators spend around $15,000 yearly to keep their truck operational and safe. This means replacing broken parts and restoring any damage your vehicle sustains.

Repairing Your Semi-Truck

Semi-trucks need a lot of care. These vehicles travel thousands of miles every year, carrying heavy loads, which results in a lot of wear and tear. You should focus on the parts that endure the most wear, like the tires and suspension system.

Replacing Parts

Sometimes, the damage is too great, and your only option is to replace a part of your semi-truck. For example, a worn tire can lose its treads and make turning difficult. Worn-down seats are another problem, so you’ll have to get new semi-truck driver seats. Replacements are usually the most costly aspects for owner-operators.

Performing Preventative Maintenance

One major mistake when performing repairs is ignoring preventative maintenance. You want to do everything you can to extend the lifetime of your truck. This means topping off the oil and doing frequent inspections to curb the need for costly repairs.

It’s important to know how much owner-operators spend to maintain and repair their semi-trucks. This way, you can plan for these costs in advance and respond to any issues that may need repairs. Caring for your semi-truck is vital for a good profit as an owner-operator and will keep you, your vehicle, and your cargo safe on the road.