Howdy,
I just bought my first tractor. I’ve met with a fellow to lease on with and feel good about how things are shaping up. I guess my first question is:
Should I use his EFS card or get my own?
He said either way is fine, but I wasn’t sure if actually getting my own might be better for establishing business credit or tracking for IFTA.
I have been lurking off and on for years and appreciate any feedback.
Leasing on. Newbie question
Discussion in 'Ask An Owner Operator' started by Zero Fox, Dec 11, 2021.
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I would have my own. It's a independence thing for me.
feldsforever, Bean Jr. and Zero Fox Thank this. -
I just use a regular credit card, if he’s taking care of ifta though I would probably use his
feldsforever, Bean Jr. and Zero Fox Thank this. -
IFTA is on me Are you missing out on fuel discounts using your credit card or are you fueling at the mom and pop places with better prices in the first place?Aamcotrans and feldsforever Thank this.
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You can use the Mudflap app with your debit card and get pretty good discounts depending on where you run.
BennysPennys, feldsforever, loudtom and 2 others Thank this. -
If you're running your own plates/IFTA than use whatever suits you best. Personally, nothing is beating Mudflap for me right now. I absolutely love that it's literally no strings attached.
Speed_Drums, BennysPennys, feldsforever and 2 others Thank this. -
Use his if he gets a discount on fuel. He can separate usage by card/unit for IFTA. If you chose to get your own check out Fleetone (EFS). Decent discounts but mostly at smaller truckstops, they also offer decent tire discounts. Example of fuel discount: Circle K (AM Best) Pump price $3.49 my price $3.05, there's a TA in the same area @ $3.61.Last edited: Dec 11, 2021
Reason for edit: To Addfeldsforever, Ruthless and Zero Fox Thank this. -
Thanks !
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mudflap or mom and pop plus 1% back on the card, or buy in bulk for the yardBennysPennys, feldsforever, Zero Fox and 1 other person Thank this.
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Here's what you need to consider as well.
The IFTA deductions / allowances may be tied to his card. In other words, if you use your own card, he might not have visibility to your purchases.
So, just ask.
At Schneider, they simply asked that you fax your fuel receipts if you were going off their card.
So, like I said, just ask your carrier.
Good luck.Zero Fox Thanks this. -
Here's what you need to consider as well.
The IFTA deductions / allowances may be tied to his card. In other words, if you use your own card, he might not have visibility to your purchases.
So, just ask.
At Schneider, they simply asked that you fax your fuel receipts if you were going off their card.
So, like I said, just ask your carrier. -
I got a new amex with 2% back to 50k a year on anything/
amex business cash/blue cardblairandgretchen, Siinman, Zero Fox and 1 other person Thank this.
Trucking Jobs in 30 seconds
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