Actually when my mom ran her own business. It was the cheaper way to go. She leased it under the business and wrote it off. Cost her less that way than buying it.
Similar to how Rodney Dangerfield explains leasing a building instead of buying it. Why do you think most companies lease their buildings and company vehicles.
Where is everyone #5
Discussion in 'Flatbed Trucking Forum' started by DDlighttruck, Aug 27, 2017.
Page 18998 of 20346
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I've been absent for awhile. I hope everyone is having a good summer. Usual summer for us. 4 of 6 yellow wagons are ready for September. We've kept busy. That's my daughter on the quad.
Last edited: Aug 1, 2022
Gatordude, singlescrewshaker, CAXPT and 19 others Thank this. -
We were scratching some numbers in the dirt the other day on the trucking I'm doing now- almost 50% increase in the hourly rate over last season, fuel average 8gal/hr, driver pay, maintenance $ increases, insurance, blah, blah. The trucking isn't making money, just getting the product which does show net profit (currently) delivered. If he bought/financed 5 trucks and hired drivers he'd be broke in a week. Write off doesn't help any with net operating loss. Margins are tight and getting slimmer.
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@MACK E-6 does LTL if i remember correctly; i was thinking of long haul... besides i thought the little joke at the bottom of his profile was about people thinking it's his job to unload the truck and put it where they want itsinglescrewshaker, CAXPT, MOBee and 5 others Thank this. -
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Good morning from Louisiana.
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@Flint1 I was a bus driver a couple times too lol
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A person may be driving a 7 year old beater that's paid off, but the guy across the street with $200k worth of vehicles in the garage and a new boat is in debt up to his eyeballs and is barely covering the interest on the loans.singlescrewshaker, CAXPT, Crusader66 and 17 others Thank this. -
Had a terrible year with some of my special ed students. I was pulled over, surrounded by police, and had the bus boarded front and rear guns drawn. 2 students from the last chance school were shooting off a pellet gun. That's just one incident.
LolLast edited: Aug 1, 2022
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