Lease Purchase Fuel Management Strategies

I gave myself a headache trying too decipher your response. Still don't get it. The only reason too buy all your fuel in SC would be if you ran all miles in SC. There is a reason you must keep up with your fuel receipts along with miles run in each state and that reason should be obvious.

 

If you don't understand IFTA, then please don't give out advise about it. Take two aspirin and don't call me in the morning.

 

Since you have learned it all in 2 years explain this MPG thing as opposed to Indiana vs. say Va. or even the rolling hills of SC. where my MPG would be much worse than the Hoosier state. Please enlighten me.

 

Sorry about that, I'm a quick learner😂.
I'll be back latter.
Here's something to think about in the mean time, at the end of the quarter you pay IFTA based on the amount of fuel burned in each state, NOT the amount purchased.

 

I won't be handling mine either but I'd like to know how it works. Ill sit down with some super trucker.they have all the answers

 

We were talking about the same thing cowboy.is English your first language.

 

It's not really mom and pops per se ... but smaller local chains, Mapco, Rutters, Kum & Go, Wilco, Speedys, QT, ALON, 7-11, Valero ... etc.

And local has a something to do with it ... I suspect local taxes. But rarely do you see the majors drop their prices even when faced with a small chain beating their pants off ... the exception is Loves. For some reason QT likes to set up across the street/interstate from a Loves and Loves will drop their price to match QT in a heart beat.

You talk about a strategy of buying on cheaper states vs more expensive states ... but you have to pay attention to the prices in a state. There can be anywhere from a $.10 to $.40 swing along the same interstate, in the same state, in the same chain.

 

Very true. Arizona and Oklahoma are two notable examples of this point.

 

All the fuel you bought in every state. All the miles you ran in every state. Divide. Equals your average. Then take the miles you ran in a particular state and divide by your average. That equals gallons burned in that state. Take the number of gallons and multiply by the fuel tax for that state. That's what you owe for that state.

 

Less any gallons purchased in that state.