Do you take weight into account when you book a load?
#111
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Originally Posted by Rev.Vassago
Originally Posted by charged
If you mean depreciation for tax purposes then that lowers the base cost to operate.
#112
Originally Posted by charged
You're right I don't know what you are talking about. Are you saying that if you don't have a payment you have lost that deductible business expense? Are you saying that a leased truck has more tax liability after the lease has ended? Or, are you saying that taxes on a truck which is paid for add up to more than $24000/yr?
#115
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Originally Posted by Rev.Vassago
Just wait until that write off isn't there anymore, and you'll understand quickly what it is.
If the tax benefit was so great in the first three years and the penalty so high for a 3yr old or older one why don't all truckers drive 2005 yr trucks and newer?
#116
Originally Posted by charged
If the tax benefit was so great in the first three years and the penalty so high for a 3yr old or older one why don't all truckers drive 2005 yr trucks and newer?
#117
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Originally Posted by Rev.Vassago
Originally Posted by charged
If the tax benefit was so great in the first three years and the penalty so high for a 3yr old or older one why don't all truckers drive 2005 yr trucks and newer?
Originally Posted by Rev.Vassago
You've got to be kidding me. Depreciation does not lower the base cost - it raises it because after three years, the tax liability increases drastically. It's quite clear you have no clue what you are doing and you just need to leave. Seriously, go away.
#118
Originally Posted by charged
Originally Posted by Rev.Vassago
Originally Posted by charged
If the tax benefit was so great in the first three years and the penalty so high for a 3yr old or older one why don't all truckers drive 2005 yr trucks and newer?
Originally Posted by Rev.Vassago
You've got to be kidding me. Depreciation does not lower the base cost - it raises it because after three years, the tax liability increases drastically. It's quite clear you have no clue what you are doing and you just need to leave. Seriously, go away.
#119
Originally Posted by NotSteve
I'm surprised all you guys are incapable of answering his question. If not for him, list your figures as an example.
And Stan!!! You've turned into one of them!!!! What a shame! :shock: :shock: I did??? :cry: :cry: :cry: :cry: Steve...you have "paid for" equipment. Are your operating cost's at or lower than $1.29 per mile? I have a truck payment still, as well as insurance to pay each month, and with all the other extraneous expenses involved, I'm still at $1.26. That is just for a tractor, no trailer, no permits, no cargo insurance. I could lower that number if I were a better mechanic...but I'm not..so I won't attempt stuff I have no idea what I'd be doing. You have your "all miles" rate, that you stick with don't you? Or are you running just to run? I for one don't believe that you "Don't" have a handle on your operating cost's and your BEP or ROI. I ain't buying that your that silly. When I look at loads where I am leased...I look ahead to where I can expect to go from each delivery, and what type of deadhead I can expect as well. I look at past rates, and what availability may have done to those rates. I keep a journal, with mileages and rates. This "Charged" guy has me believing he is simply a "Dim-bulb".
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#120
Originally Posted by Orangetxguy
I for one don't believe that you "Don't" have a handle on your operating cost's and your BEP or ROI. I ain't buying that your that silly.
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