Rental/Operating Rates

[HudsonMStafford]

Hello All! As an OP on the newer side, I have been trying to figure out what rates are appropriate to charge rental/operating. I have read a ton of forums and there are a bunch of mixed answers. I also see that it is a topic that we are not supposed to disclose amounts and rates. However there is a great deal of fuss that goes on about steady-newbies and Lowballing rates. While I personally do not want to lowball my rates on accident where it effects other ops, I also feel the need to respect the experienced ops out there, who have many more years of experience than I do, and not charge the rates they/you do.

That all being said, does anyone have good input on what is appropriate and what lowballing is? I understand we can't discuss numbers, however I don't understand what a "lowball rate" or a Disrespectful high rate even is because theres no definition, guideline, or range.

I have seen some people say you have to kinda fish around and see what rates you can charge, However if you're relying on producers to tell you what you're worth, I feel like thats cutting yourself short and in essence, lowballing.

 

For some context lets say you own a 50k "big-rig" with ff, transmitter, and accessories.

 

As a Side Note: I also see that location, and equipment can shape rates. However, I've seen where years or experience doesn't affect the price sometimes for example Ive seen an OP going on 26years with an 8hr rate that is the same as a guy who's going on 2years.

 

If anyone has any input please feel free to post responses or PM me.

Thank you for your time!