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15
Sep

7 Reasons to Lease a Used Commercial Truck

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Many companies and self-employed people throughout Canada require commercial trucks in order to facilitate their businesses. Truck leasing has become a common if not preferred financing option due to the many benefits it provides, but perhaps what is most intriguing is that more and more of these leases are for used trucks rather than new vehicles. With that in mind, let us consider seven reasons to lease a pre-owned vehicle rather than one fresh off the line. Avoidance of Significant Depreciation Among the most daunting aspects of owning new commercial trucks is depreciation. Your new truck depreciates the moment you sign on the dotted line. A used truck, on the other hand, has already undergone that initial depreciation and is now just subject to the year-to-year devaluation. It’s worth mentioning that commercial truck leasing and vehicle leasing, in general, do account for depreciation to some degree but certainly not all…

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1
Jun

Benefits of Leasing a Used Commercial Truck

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Leasing a commercial truck is great to way to increase or build your own fleet. When starting or expanding your trucking business, many have the challenge of securing financing. However, leasing a truck doesn’t have to break the bank, plus the benefits far exceed the cost. Truck leasing advantages In many cases, truck leases are not as rigid as customary, finance loan. Many leasing contractors don’t need a down payment or even an upfront security. Flexibility options Your business can benefit from the flexibility or truck leases by getting a tailor-made solution for truck-buying needs. This option adds flexibility to your finances and can open capital for other investments. Higher profits Normally, a commercial truck leases are offered with low monthly payments, therefore you will be able to save more. You can also save when it comes to taxes. This is because leasing commercial trucks will allow you to cancel…

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12
Jun

All About Getting A Commercial Trucking License

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Commercial trucking is not for the faint of heart. Long hours, isolation, quick thinking and the ability to self motivate are part of everyday life for the commercial trucker. If you think you might not be able to handle that, then even applying for a commercial trucking loan might not be such a good idea. If, however, you think you can hack it, below is some important information about getting your commercial trucking license. Obtain a copy of your state or province’s commercial driver’s license (CDL) manual These manuals are what you are going to need to study in order to pass your commercial driver’s license exam. The manual is available online at driving centre website. There are also special commercial driving license centres where the manual is readily available. Study this manual well; your life depends on it in order to pass the CDL written and road exam with…

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30
Mar

Crossing Borders With Your Commercial Truck: What You Need T...

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It is one thing to know how to go about shipping commercial freight domestically. If you have done it for years, chances are it is all second nature to you by now and you know exactly what you need to do. Whether you have purchased your truck outright, or own your vehicle through a commercial truck loan or commercial truck leasing agreement, there are some things that you need to know when transporting freight across borders. Examine your shipping documents prior to arriving at the border. It is a good idea to know exactly what your shipping documents say before arriving at the border, especially with regards to any special instructions by the shipper. Make sure you are aware whether or not you are to stop at customs before proceeding in either direction to avoid any unfortunate mishaps or misunderstandings. Submit your ACE e-manifest. All commercial truck drivers entering the…

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