Paid off truck and trailer today!

Discussion in 'Ask An Owner Operator' started by Doing_flatbed_nc, Sep 21, 2018.

  1. Rideandrepair

    Rideandrepair Road Train Member

    16,526
    53,944
    Aug 8, 2015
    0
    Lol Yeah lucky for me there just happens to be a 3 day sale on furniture!!! Never fails. If mileage will allow keeping Car longer will pay off. But that new Shiny one is calling your name
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. driverdriver

    driverdriver Road Train Member

    4,255
    5,282
    May 30, 2011
    0
    Congratulations !!
     
  4. Rideandrepair

    Rideandrepair Road Train Member

    16,526
    53,944
    Aug 8, 2015
    0
    Easy to put more $$$ into Vehicles than there worth.Then have to keep longer to justify $$$ meanwhile more $$$ Result- I wish I would have cut my losses!! Payments repairs resale there’s no way around COSTS
     
  5. Rideandrepair

    Rideandrepair Road Train Member

    16,526
    53,944
    Aug 8, 2015
    0
    The good thing is it’s yours not the banks
     
    mtoo, TallJoe and whoopNride Thank this.
  6. adayrider

    adayrider Road Train Member

    1,289
    1,732
    May 7, 2018
    0
    And here is the snake oil ^^^
     
    Rideandrepair Thanks this.
  7. Midwest Trucker

    Midwest Trucker Road Train Member

    5,771
    20,598
    Aug 31, 2018
    0
    I’d keep working and put that extra money to the side. When you give up on your 2 million mile goal, you’ll go to the dealer and pay cash for a brand new son of a..

    Talk about being in tall cotton. That’ll feel good.

    My wife always accuses me of never stopping and being happy with anything though. lmao. It’s always on to the next goal.
     
  8. tommymonza

    tommymonza Road Train Member

    4,519
    12,847
    Sep 10, 2013
    S.W. Florida
    0
    Soo

    Buying random crap that you don't need just too save some taxes is your business idea?
     
    Rideandrepair Thanks this.
  9. Rideandrepair

    Rideandrepair Road Train Member

    16,526
    53,944
    Aug 8, 2015
    0
    His point is to not just spend to save on taxes. Better keep money pay tax still way ahead
     
  10. Ruthless

    Ruthless Road Train Member

    8,323
    80,696
    Aug 28, 2010
    The City.
    0
    Kinda depends on your individual situation. Spending some money could drop you into the next lower tax bracket and save quite a bit more than you spent, realistically.

    Ie your taxable income shows $1,500 more than the threshold for the next bracket; spend $2,000 and drop you into a. Bracket that lowers your fed income tax 2/3/5%. Which can add up to more than the money you spent.



    456DF17A-C688-42D5-A38A-FAB8E6FDEA13.jpeg
     
  11. x1Heavy

    x1Heavy Road Train Member

    34,017
    42,104
    Mar 5, 2016
    White County, Arkansas
    0
    Congratulations.

    I once had a 41000 dollar note on a 94 425 cat mid roof 120, life was fixing to be interesting that month with the first payment of 1200 in 3 weeks. But it did not pan out for a few very good reasons that no one saw coming.

    I celebrate with you today, anything you can do to get out of debt and stack money is very good.

    Be careful out there.
     
    Rideandrepair and shogun Thank this.
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.