vegasrollr
Expert Expediter
Is there work in the expediting field for someone with a cdl and a cargo van? Or is this the realm of the big rigs?
Any advice will be appreciated.
vegasrollr
Any advice will be appreciated.
vegasrollr
Cargo vans
- Thread starter vegasrollr
- Start date
vegasrollr
Expert Expediter
Thanks fastman_1.
Do you think it would be better to buy or lease?
Do you think it would be better to buy or lease?
>Lease the van, You can deduct all your payments on a lease.
>You can't do that with a purchase. Have a Great Holiday
>Season...Butch
You write off everything if you purchase the van. The vehicle is either written off in a lump sum or depreciated over three years. The fuel, maint, etc. etc. are all written off. You get full tax advantage with a purchase not just with a lease.
Leo
truck 767
Support the entire Constitution, not just the parts you like.
>You can't do that with a purchase. Have a Great Holiday
>Season...Butch
You write off everything if you purchase the van. The vehicle is either written off in a lump sum or depreciated over three years. The fuel, maint, etc. etc. are all written off. You get full tax advantage with a purchase not just with a lease.
Leo
truck 767
Support the entire Constitution, not just the parts you like.
Vegas:
We've been in a van, leased to the same company, since 1989 and we've done as well as we need, financially and lifestylewise. Your specific question can't be answered as asked, because we don't know your requirements. How much money is enough? How much time at the house do you need? Do you know the start-up costs? Can you manage your business on your funds til the money comes in, in a couple of weeks after your first run? Lot's of questions, eh!
As far as lease or buy. My opinion for this type of operation is BUY everytime. ALL of your payments, plus interest are deductable in one manner or another. With a lease you'll most likely need to either buyout at the end of the lease period or pay a sustantial final payment for every scratch, dent and ding. Excessive milage will also be a factor.
Welcome to the site and keep those questions coming. Also review the archives for many of the answers you'll need
Terry
We've been in a van, leased to the same company, since 1989 and we've done as well as we need, financially and lifestylewise. Your specific question can't be answered as asked, because we don't know your requirements. How much money is enough? How much time at the house do you need? Do you know the start-up costs? Can you manage your business on your funds til the money comes in, in a couple of weeks after your first run? Lot's of questions, eh!
As far as lease or buy. My opinion for this type of operation is BUY everytime. ALL of your payments, plus interest are deductable in one manner or another. With a lease you'll most likely need to either buyout at the end of the lease period or pay a sustantial final payment for every scratch, dent and ding. Excessive milage will also be a factor.
Welcome to the site and keep those questions coming. Also review the archives for many of the answers you'll need
Terry
raceman
Veteran Expediter
Terry is right on. Buy it. I have bought and leased. Unless you have someone you know in lease business that will cut you a break it is a rough way to go. I have straight trucks now but I did have some vans and my son in law and daughter bought from me. They run for Fed Ex ground and do real well. I ran local in a van and did very well. I have never done over the road in a van but the few folks I know who do it, own the trucks and they make good money or they pretend real well 
There is a fellow that runs out of the airport on his own authority and I am unsure of his deal but we have compared notes and he can usally say he out does one of my straight trucks. Keep in mind I am unsure of the deal he worked out. I would think you would do fine. I am sure you will continue to get more applicable answers than mine but I wish you good luck.
RaceMan
---Why Hug a tree when you can sit on a Diesle---
There is a fellow that runs out of the airport on his own authority and I am unsure of his deal but we have compared notes and he can usally say he out does one of my straight trucks. Keep in mind I am unsure of the deal he worked out. I would think you would do fine. I am sure you will continue to get more applicable answers than mine but I wish you good luck.RaceMan
---Why Hug a tree when you can sit on a Diesle---