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Heavyhaulers wrote:
instead of putting my money into something that depreciates, i put my earnings into something that appreciate & get my wrtie off that way. The sign of an smart business man...I have never owned a new vehicle. And don't plan on it since they are nothing more than a tool. Would I love a New Truck? Of course, but as stated patience is the key and whats a few easy miles after someone else pays the depreciation for driving it off the lot new. As long as it meets your needs, been maintained with records,passed the tests and clean what more can you ask for? |
Originally Posted by jonboy
I bought my truck from a small dealer and he let me (insisted), I have it checked out, so I had it dynoed, oil analysis, and put 300 miles on it driving around Dallas in all kinds of traffic. I would hate to have to do that more than once, but it's too scary to me, to not check one out thoroughly.
Its a 2001 FTL, Cummins ISX 450, Smartshift, with 526,000. I paid 29K, but the truck was exceptionally clean and had no signs of abuse. I looked at a lot of newer trucks that I rejected because of mileage and abuse. Newbie here just looking at options because nobody wants to hire me at my age and may have to do it all myself. I drive a 32 ft Tag axle motorhome and the last rig was a 5th wheel so not scared of it. Thanks |
Originally Posted by heavyhaulerss
I dont know how to say this without acting like i'm bragging. so please take my word for it i'm not trying to. people have told me from the beginning. i needed to have a truck payment to have a tax write off.??? instead of putting my money into something that depreciates, i put my earnings into something that appreciate & get my wrtie off that way. my old $15,000 cabover that other drivers had & still make fun of. has enabled me to purchase 8 homes. I own the entire block that i live on. so instead of showing the irs all my big truck payments & related expenses.. i show them maintence, taxes, ins, mortgage % e.t.c. i get the same write off but have more to gain. so thats my story on why i wanted the inexpemsive, hard riding, not so populiar cabover. :lol:
Thanks |
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