Tax advantages for buying new vs used.

That is ridiculous! Don't you have a small local bank you could work with!!!

 

90%

 

How about leveraging the company you're going to be leased on to? Strike a deal with them and after 1 year refinance the truck in your own name, you'll have a track record by then.

 

I looked at new trucks in the spring and my bank said 100% what ever I need they would scratch a check for under %5. Only discussed up to $120k though.

I bought a motor for my old truck instead at %4.3.

I had only been in buissness 14 months at that time. I do own some property but they didn't require it as collateral.

Local, 4 branch bank.

I financed my used truck and trailer with them on day one %100, and both were under %5 too.

 

Your not supplying near enough info for anyone to answer that question. You would really need to show your profit and loss and balance sheet to get the answer to your question.
But I can can respond to the practicality of your dilemma. For me your largest concern here is whether you'd rather put 2 or 3 grand a month in to a truck that would basically only need routine maintenance for about 500,000 miles, or 2 or 3 grand a month into keeping the used truck rolling, not to mention losses in down time.

 

Can you not buy a new freightliner cabover?

 

That's just mean.