Truck dealerships are in the business to make money, and there’s nothing wrong with that. But, as a trucker, you need to be armed with information to keep from paying too much. After all, you’re in the business to make money, too. And spending more than you need to cuts into your profits.
Of course a truck dealership makes money off of truck sales, parts sales and truck service and repairs. But there are other ways a truck dealership makes money that many truckers don’t know about. These are through tractor financing, tow bills, parts pricing, and express shipping.
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Tags: Truck Sales, Truck Service
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When you decide to buy a truck there are some simple steps you can take to be sure you get the best bang for your buck. If you go into a truck purchase blindly, you are likely to pay too much and get much less than you hoped for.
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Tags: Truck Purchase
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More and more, I hear brand new truck drivers contemplating the lease purchase programs many companies are now advocating. It never ceases to amaze me how these companies will target new drivers. Swift Transportation and Prime Trucking are two of the most aggressive lease purchase companies out there, but it seems all of the companies have jumped on the band wagon.
After all, why wouldn’t a trucking company want to pass along the costs of fuel, purchasing a truck, truck maintenance, truck insurance, permits and health insurance? Not to mention, they no longer are expected to provide a 401k plan with company match. And they get to charge the driver much higher prices than market value for a truck that won’t be worth much at the end of the lease.
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Tags: Truck Drivers
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