I catch a ton of smack talk for driving a V4 toyota tacoma. But the reality is that its not the size of the vehicle its how you use it.
I’m running a business and all I care about is money. Cash rules everything around me. I need a vehicle with a low cost of ownership and high performance.
Imagine two vehicles. The first vehicle is a small reliable v4 truck. The second is a large domestic v8 utility bed. You or your employee is driving 20,000 miles annually. The cost of ownership for the small truck is .40 cents per mile and the cost of the large truck is .95 cents.
Annual cost of v4 is 20,000 miles x .40 = $8,000.00
Annual cost of v8 is 20,000 miles x .95 = $19,000.00
That is an annual difference of $11,000.00!
Now imagine investing that $11,000.00 dollar for the 20 years you will be in business at a compound interest rate of just 5%.
You will have accumulated $381,000.00 dollars.
Ask yourself if you really need that large utility bed. My v4 truck is stocked better than 99% of tradesmen I encounter…and so is my retirement fund 🙂 And while I get laughed at by many, I myself am laughing all the way to the bank!
Now let me walk you though how to set up the most efficient worktruck
Caveat: Here are several considerations I made when deciding to use the Tacoma. I would gladly use another vehicle that has the same qualities. I think any small truck is a better choice over a large truck. Of course its awesome to have a 3 ton diesel sitting around but rarely practical.
Here is my truck
1) Choose a v4 automatic with a timing chain. This will ensure great reliability preventing breakdown delays, maintenance and avoiding the expense of replacing the truck. The figures I provided in the above cost per mile to drive are skewed in favor of the v8 because realistically you will only get 1/2 to 1/3 as many miles from a domestic v8. Not including the cost of maintenance. A v4 with a timing chain will run forever.
2) Add a load bearing tonneau cover. I basically doubled my bed space with this tonneau cover. It supports an even 1,500 lbs over the top of the existing bed. After I unload it provides great access to all my tools. I carry more tools than most people as a general contractor and rarely have never had a problem. For a subcontractor with limited tool requirements it’s a cinch.
3) Add leaf springs helpers. Leaf springs support the bed of your truck through the suspension system. Most truck can tow 3x their beds load capacity and have a max vehicle weight 2x their beds capacity. By adding leaf springs you can get the cargo weight capacity of a much larger truck. The springs themselves only cost $150.00 and take an hour to install. Check your vehicle requirements though because overloading can be dangerous. The vehicle still has a maximum weight that the vehicles frame and brake system can handle.
I have a few other money saving tips but I think you get the idea. Most supply houses will deliver huge loads of materials and most of your employees aren’t so well prepared that they need tons of space. Of course there are many exception…obviously. But think about a small company with three company trucks. The owner could bank an extra million dollars over their career by being practical and efficient. Its just food for thought.
A few more pics…