jump to navigation

Reminder that December is the deadline for Section 179 tax write off on Equipment Purchases December 3, 2012

Posted by I-80 Equipment in Bucket Truck Sales, Used Bucket Truck Financing, used bucket trucks.
Tags:
add a comment

I-80 Equipment has been promoting Section 179 through the 4th Quarter of 2012.  We feel that this is a great opportunity for small businesses to invest in capital equipment while at the same time realizing huge tax savings.  Ironically, not every business owner is familiar with this accelerated depreciation which is why I-80 Equipment wants to make sure that no one misses out on this valuable opportunity.

The best part about Section 179 is that the equipment purchased does not have to be new, just as long as it’s new to you.  Used Commercial Trucks qualify for this program and as long as the equipment is placed into service by December 31, 2012, it qualifies for this depreciation.

It’s important to take advantage of this limited savings now if you are considering a capital equipment purchase for the current fiscal year.  It must be noted that since the inception of the small business tax credit, each subsequent year’s allowable write off  amount has decreased.  This is why it’s even more important to take advantage of Section 179 now as it could eventually be phased out or significantly reduced in the years to come.

 

Altec AM55-2004 Freightliner FL80 4x4 Bucket Truck

I-80 Equipment has worked with several small business owners over the years to help them realize this tax benefit.  In addition, there doesn’t have to be any out of pocket expense for your small business.  We will work with you and provided you qualify,  we can get you 100% financing on your bucket truck or digger derrick purchase.  I-80 Equipment has several finance partners that we work with so you can be assured that you are getting the best interest rate and payment for your vehicle.  Additional options available include leasing your equipment which also qualifies for the Section 179 write off.

I-80 Equipment is located in Colona, Illinois and is currently offering free delivery to all 50 states and the closest Canadian border crossing as an additional incentive to Section 179.  We have extended warranties and can customize your bucket truck, digger derrick or boom truck to suit your specific needs.

Why Buying Used Forestry Trucks Can Save You Money November 9, 2012

Posted by I-80 Equipment in used bucket trucks.
Tags: , ,
1 comment so far

 

The trend these days when it comes to purchasing capital equipment is to opt for quality used or reconditioned vehicles versus buying new.  In tough economic times businesses find that it’s better to invest in a fully reconditioned truck as it allows them the ability to save capital they might otherwise  be able to use elsewhere in their company. In addition to the cost savings of purchasing used over new, there are other positive factors to consider too.  For Example:

Used forestry trucks have a lesser chance of developing mechanical or electrical issues in comparison to new trucks. Initial production problems can crop up that might not present themselves until after the truck has been put into regular use.  Used trucks that have been refurbished seldom encounter these issues and any potential Original Equipment Manufacturer recalls have already addressed.

Another important factor is the break-in period that applies to all brand new commercial trucks. Break-in is the time that an engine requires to allow the bearings to set properly and the piston rings to seal around the cylinder. A brand new truck has to cover an average distance of 3,000 miles followed by an oil change to bring the machine to its optimum performance level.

 Altec LRV55- 2001 International 4700 4x2 Flatbed Forestry Truck

Lastly, the price of a used forestry truck is based in large part on the model year, mileage and hours of usage on all boom parts and controls. The higher the numbers, the lower the price range. If the price is unreasonably low, it could mean that the machinery has a limited working life left.  In contrast, most name brand forestry equipment can have an extended working life if it has been properly maintained throughout its lifetime.  In some cases these trucks can be in service as long as 20 years or more.

Purchasing Used Forestry Trucks can help save you money, allowing you to put that savings to another use. Before you make a decision on what truck you’re going to buy, make sure that it is in good working condition, it is current on all inspections and that regular maintenance has been performed and documented.

Other things to consider when investing in used forestry trucks is how many years of service you realistically expect to get from it, will it add value to your business and the services you offer  to increase revenue, and lastly, will the initial investment plus the cost of maintenance, licensing and insurance be a justifiable business expense.

I-80 Equipment can answer these any other questions you may have when you decide it’s time to add capital equipment to your business.

Bucket Truck at Sunset March 2, 2011

Posted by I-80 Equipment in Bucket Truck Sales, Bucket Trucks, used bucket trucks.
add a comment
Used Bucket Truck

Bucket Truck at Sunset

%d bloggers like this: