Leasing commercial vehicles and heavy equipment can come with great responsibility, especially if you’re investing a lot of money into those vehicles, and your profits are still somewhat shy to show themselves. As a result, making sure to avoid the need for any repairs and keep your commercial vehicles and heavy equipment safe should be one of your main concerns during the beginning stages of running a large delivery or transportation service.
The first thing you have to focus on is to make sure that all your drivers are properly screened and selected among the best commercial drivers that you can find in your area. Make sure that they are not only familiar with safe driving practices, but that they also know how to drive preventively, so that they can avoid accidents and make sure that the vehicles they are entrusted with remain in prime condition for as long as possible.
Frequent maintenance is also very important. If you have a maintenance related agreement associated with your heavy equipment leasing contract, make sure to review it and discuss the points that are not satisfactory enough with your leasing company.
Finally, if you notice any technical problem with any heavy equipment or vehicles, make sure the leasing company is made aware of the problem and that they replace your vehicle as soon as possible. Failure to do so might result in the need for expensive repairs, and the company might end up blaming the issue on you, since you haven’t notified them in time.
Whether you buy a vehicle to be used for personal purposes, such as a car or a pick up truck, or you are considering purchasing a fleet of cars, trucks, buses or other heavy equipment leasing vehicles meant to help with your business, it’s important to note the fact that you always have to pay taxes. Tax deductions, however, are still applicable, and you can benefit from them just as in the case of any other asset you use for business purposes.
A fleet vehicle is basically a car or other vehicle that you use for your business. You can use, for example, trucks and vans designed for transportation services, pick-up trucks meant for delivery or repair services, large heavy equipment leasing, or trucks that are designed to transport large quantities of goods over thousands of miles.
As part of Section 179, you should be able to obtain tax deductions for heavy equipment leasing and other business leased vehicles. However, the trick is that you only have the right to do so based on the amount of time you’ve used your cars or equipment for business purposes. So, if you just bought a car last year, and from that time until now, you used it 30% of the time for personal purposes and 70% for business activities, then the tax deduction you can obtain will only apply to that 70%.
According to recent statistics and studies, Skoda and Ford hold the first few places for the best commercial vehicles currently available on the market. Whether you need a brand new pick up truck, or you’re interested in just renting a small sedan for your business, these are a few of the top picks. But why are they so important?
Skoda has some of the best vehicles rated for the lightweight and compact commercial vehicle segment. Skoda Yeti in particular has taken the lead when it comes to compact cars, as these vehicles are reliable, sturdy and designed to use up very little fuel.
Highly expensive, feature-rich vehicles and luxury cars don’t really make the cut when it comes to the benefits required by top quality commercial vehicles. This is why Ford only made second place with their Ford Transit. The Transit is a rear-wheel drive van, featuring a V6, 6-speed automatic transmission and basic features compared to other cars in its segment. As such, it’s the perfect lower end ford model to consider.
At the top of the line, we also have the Nissan NV and Volkswagen Transporter. While Nissan only featured this model since 2011, Volkswagen has a long history with tweaking their Transporter van for full power and performance. With the new changes designed for this line, the “hippie van” remains one of the best commercial vehicles you can consider.
Lee, It was a pleasure working with you and your staff! I can safely tell you that the experience was smoother and more service oriented than other companies and dealerships I’ve dealt with. I look forward to working with you again. ~ Sean B.
I don’t know why anyone would do anything else. One call gets me the truck I want, with shelves and logos. I have almost no cash out of pocket – so I can keep that money towards working in my business, And when I’m done, Alliance makes the trucks disappear, and gets me a fair price. It’s like having an “easy button” for my fleet. I would recommend Alliance to everyone. ~ Howie M.
We’ve been working with Lee and Alliance Leasing for more than 20 years, and have leased hundreds of trucks. We’ve been sold on other options over the years, but we’ve always come back to Alliance because of the integrity and high level of personal service. They always work to accommodate our special needs. ~ Andrew S.
I never considered leasing before because I thought it wouldn’t work for us. We put on a lot of miles and we’re very hard on our trucks. After reviewing the proposals, I was surprised at the discounts Alliance was able to negotiate for us and the advantages of owning. We saved over $5,000 per truck compared to what the dealer had offered. Alliance did exactly what they promised, and made the process simple. ~ Victor G.