using work truck as personal vehicle

Discussion in 'Starting a Lawn Care Business' started by DannyLot, Dec 7, 2012.

  1. kyles landscape

    kyles landscape LawnSite Senior Member
    Posts: 331

    Oh sorry didn't see you had a 450 ya makes sense then but in the case of the guy that posted this I would get 1 truck that's decent for a bit more rather then 2 vehicles
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  2. Duekster

    Duekster LawnSite Fanatic
    from DFW, TX
    Posts: 7,961

    I am not going to drive by the grocery store go home and get my car and then go to the grocery store either.

    It is incidental and de minimis.

    If I can only afford one item then buy the nicest truck you can for work.
     
  3. herler

    herler LawnSite Fanatic
    Posts: 5,144

    I am having trouble understanding how someone starting up a business just so happens to have twenty thousand cash laying around, mostly because if that is your situation why are you even here asking stupid questions, you got that kind of money you should have went out already and done what your heart desires.

    But then that's not the case, is it?

    No, 4 pages of argument back and forth over some silly trivial nonsense doesn't happen because someone has a ton of money.

    You are here because you need us to back you up, in a round-about beat around the bush kind of way, because you're about to take out a loan and when that backfires you want the ability to have someone other than yourself take the blame for the failure.
    Which is why I'm here to tell you that is a very bad idea, blame is going to be the least of your worries if things go south.

    Whether one vehicle or two, whichever you decide.
    But you get what you can afford, and pay cash for it.

    You're probably looking at something more like a 4 thousand dollar truck, if you even have that much.
    And if anything's left over, maybe you can buy a car, too.

    Now if you don't have a personal vehicle you will be riding a very expensive device for personal reasons, that truck won't cost less than a dollar for every mile driven, one other thing... You really plan on hooking and unhooking that trailer every dang time you need the truck for yourself, you're kidding yourself, start planning on unloading everything too because leaving a truck and trailer sitting outside a store in an unsupervised parking lot with all sorts of goodies in back is an invitation for thieves.
    And steal your stuff they will.

    Time to re-think this strategy.
     
    Last edited: Dec 9, 2012
  4. yardguy28

    yardguy28 LawnSite Platinum Member
    Posts: 4,464

    no advice other than to go ahead and do it.

    I have and always will have one truck for both personal and business use. I keep track of work miles for tax purposes. fill the truck up with personal credit card.

    the only situation I'd have a separate for is if I ever get a one ton dump truck like I keep thinking about doing.

    to herler I had at least double that when I started my business. who says you have to be poor or in need of money to start a business?

    I started my business to be doing work I actually enjoy doing. I was making well over double what I make now at my previous job. I've saved a lot of money in that time.
     
  5. Duekster

    Duekster LawnSite Fanatic
    from DFW, TX
    Posts: 7,961

    Nothing wrong with financing if you have the cash flow to pay the note.
     
  6. Darryl G

    Darryl G LawnSite Fanatic
    Posts: 8,033

    I don't think anyone has mentioned this, but maybe i missed it: If you want to write off 100% of the cost of your work truck you have to have a personal vehicle available for your use as well.
     
  7. ted putnam

    ted putnam LawnSite Platinum Member
    Posts: 4,533

    I just purchased my 3rd truck Friday. I actually pick it up tomorrow.( It was late when we made the deal so paperwork and check will be taken care of tomorrow.)

    I deduct 100% on my trucks. I do this because even when I am at the grocery store, that truck is advertising my business. Its a rolling billboard advertising my business 24 hrs a day no matter where I am. Last time I checked, advertising was a legitimate business expense. I get calls from people who see it when I'm driving whether it is in route to the next stop on my route for the day or if I am going to check on my parents who are in their late 70's.

    Maybe I rationalize it so I can sleep at night, but that's the way I look at it.
    When the state tells me I don't have to have a lettered truck to spray lawns any more, then maybe I'll change the way I do things as far as vehicle expense. Until then, I will keep doing things this way. I don't feel that it is dishonest and it is much easier for me.

    We don't use the spray trucks to go out to eat on Friday night(We use my wife's Tahoe). However, If I discover we need a gallon of milk, I don't wait for my wife to get off work to use her vehicle to go get it.
     
  8. DannyLot

    DannyLot LawnSite Member
    Posts: 46

    What don't you understand about someone wanting to start a business having 20k ??? Not everyone finances everything I have around 50k liquid to invest actually in this business but obviously I'm not gonna go spend 50k just like that unless I have the clientele to support that. I've owned a business before, made some smart real estate moves and sacrificed a lot early. I'm 30years old an have a lot more then most twice my age... But I always was working 3 jobs when I was 19 instead of hanging out down town with everyone else.
    No question is a dumb question. I just wanted people's opinions on the subject an wanted to see from everyone in both situations how they felt abut it an their pros and cons. As for people arguing on this topic that has nothing to do with me that's their own personal problem or perogitive.
    So no I will not be taking out a loan as you assume and I have more then 4k to spend on a truck.. At least I can say for the last few sentences of your post you had some real advice an opinions so thanks for that.. unlike the rest of the garbage you wrote.
     
  9. Darryl G

    Darryl G LawnSite Fanatic
    Posts: 8,033

    Good luck making that arguement to the IRS. You know darn well when you're using it for personal use and you're supposed to be keeping a log. The fact that it's lettered does not negate that. Can I say that I've never run out to get a pizza with my truck...of course not, but yes it does sound like you're just tryng to rationalize it.

    I also like having a personal vehicle so I can leave the dump trailer hitched up or the tools in the bed and not have to fully demobilize after work. Nice when the wife's car needs to go into the shop too.
     
  10. Duekster

    Duekster LawnSite Fanatic
    from DFW, TX
    Posts: 7,961

    http://www.irs.gov/publications/p463/ch04.html#en_US_2011_publink100034056

    I consider my trucks to be qualified nonpersonal vehicles, I use actual expenses and I have a personal car. I do not tool around on personal erands.
     

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