Lone Mountain Truck....financing ????
Discussion in 'Trucker Taxes and Truck Financing' started by MNdriver, Apr 1, 2012.
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depends.....
if you lease on to a company you can get it thru them at a discount based on the value of the truck ($x.xx per week per $1,000 value)
or you can get your own again based on the trucks value ($x.xx per month per $1,000 value)
i got my own based on a $55,000 truck it's $210 a month..... if i used the companies it was $50 a week.....
the company i'm with will pay for your base plate, permits, EZPass, ifta and PrePass for millage base O/O's
i'm percentage base so they only pay for my permits, ifta, and EXPass OR PrePass 1 not both (i pick) they don't pay for my plate (they will payroll deduct it) so i have my own plate (i have to pay for it anyway so i have a TN plate) and i pay for my EZPass (i-pass)
i make better money being a percentage base..... what the millage base trucks think is a high paying load is about the minimum i will take to move my truck..... as a percentage base truck my pay is a minimum avg. of $0.75 a mile higher....T_TRUCKER⢠Thanks this. -
Thanks man good info, sounds like you got a good company. So after I get my truck I shouldn't have much out of pocket expense to lease onto a company? I maybe got it confused with running your own numbers and the cost was very expensive. In your opionin what would be a better new truck, the volvo 780 or the cascadia evo?
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Schneider?
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us xpress....
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up to you.... i like the volvo myself (ride, storage, room,TABLE) thats what i have, down side to a volvo is the only place you can have work down IS volvo.... most dealers open 07:00 monday and close 14:00 saterday (some only open 07:00-17:00 monday-saterday) so it takes longer to get in for repairs..... and may cost more....
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don't forget irs form#2290 $550 a year, pro rated the first year must be paid BEFORE you can get a plate... your's or company (some companies will pay it and then payroll deduct it,) fuel to get the truck home from dealer and to the company your lease on to, temp. insurance until you sign the lease..... don't forget you will also be setting the truck up for YOU.... cb, tv, invertor, fridge and the likeT_TRUCKER⢠and pusherman Thank this.
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Thanks for your help man, how did you go about getting your truck??
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when we were looking for our truck i found a few that were what we wanted 05-07 volvo 780 ultrashift
when i checked lone mountain i found some 07's and 1 06.... the 06 was was cheaper with lower millage.
made the down payment over the phone to hold it until we could check it out. -
If you have a Volvo Engine in your Volvo, the Stealership is most likely the only place that has the Volvo Software to properly Diagnose and Repair your engine. If it's equipped with a Cummins Engine, any Repair Shop can service the engine.
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