Finally got my own truck

Discussion in 'Ask An Owner Operator' started by BoyWander, Jan 1, 2017.

  1. mnmover

    mnmover Road Train Member

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    You can make the loan reduce faster and pay less interest by making 1/2 payments every 2 weeks than 1 payment a month. The accured interest gets paid first, then the principal gets the rest. Interest is less for 2 weeks so principal gets more over time. Or just write a check and pay off loan in full. Call 855-800-fuel, sign up for cmc, learn from business clases. Biggest mistake new OO's make is not putting money aside for taxes and pay them quarterly. Also if you lease to a carrier that uses a base in Illinois, have them prorate your truck and get an Illinois title. No sales tax on purchase. Then after a while, get the title switched to Michigan.
     
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  3. BoyWander

    BoyWander Road Train Member

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    I live somewhere in the Fenton / Linden area.
     
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  4. dngrous_dime

    dngrous_dime Road Train Member

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    It's not a white Volvo, is it???? Lol
    Good luck, man. I'm seriously considering going with a Lone Mountain lease when the time is right, myself.
     
  5. BoyWander

    BoyWander Road Train Member

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    Yes it is a white Volvo. I'm only 12.5℅ Russian, though, in case you were wondering.
     
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  6. dngrous_dime

    dngrous_dime Road Train Member

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    So you only wear the track pants on casual Fridays??? :p
     
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  7. mladen86

    mladen86 Medium Load Member

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    Chicago,il
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    I don't think you can pay it off earlier with lone mountain lease? Maybe im wrong. Anyway good luck, I-shift is the best and 780 is beautiful truck
     
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  8. mitrucker

    mitrucker Road Train Member

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    Lapeer, MI
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    Ouch!!
     
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  9. BoyWander

    BoyWander Road Train Member

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    Yes I can pay it off early. There is no interest. They just buy them, mark them up, charge you down payment and then flat charge per month, then you make your last payment and they mail the title.

    And I don't even know what track pants are but I prefer sweat pants or jeans, windbreakers in spring. Whatever is comfortable. Don't like to be uncomfortable while driving, could cause you to start shifting your body around too much and then you make a mistake.
     
  10. rollin coal

    rollin coal Road Train Member

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    Track suits are usually the Euro *ahem* "uniform" of choice. You know it has sort of a lazy I don't care look kind of like sweat pants and flip flops.
     
    Last edited: Jan 2, 2017
  11. x1Heavy

    x1Heavy Road Train Member

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    White County, Arkansas
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    I'll go along with the 780. It's a freaking apartment back there. I marvel at that and Ive had some big sleepers in my time.
     
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