Who owns your truck?

Discussion in 'General Industry Discussions' started by Prestige-Lawncare, Nov 30, 2006.

  1. Prestige-Lawncare

    Prestige-Lawncare LawnSite Senior Member
    Posts: 753

    For those of you (us) who are legit ... who actually owns your truck(s) ... you or your business?
  2. Az Gardener

    Az Gardener LawnSite Gold Member
    Posts: 3,899

    I am a sole prop so I own it all. When I was in a partnership with a much larger company we had another company that owned all the vehicles and equipment. That company leased the vehicles and equipment to the landscape company. We did this for liability reasons.
  3. fiveoboy01

    fiveoboy01 LawnSite Silver Member
    Posts: 2,988

    The pickup is in my name, as well as that darn statement that comes each month to my mailbox:)
  4. rodfather

    rodfather LawnSite Fanatic
    Posts: 9,501

    My business...then again, I own my business.
  5. AintNoFun

    AintNoFun LawnSite Bronze Member
    Posts: 1,807

    We actually have a seperate company that owns our trucks then leases them back to our other companies, of course we own both companies...
  6. Lawnworks

    Lawnworks LawnSite Fanatic
    from usa
    Posts: 5,407

    The trucks are in my name... if somebody sues my business/corporation... they aren't taking my trucks.
  7. oOTurfmanoO

    oOTurfmanoO LawnSite Member
    Posts: 245

    I own it all except for the F-250.

    A local bank institution owns that till the middle of '07!:clapping:
  8. Fordsuvparts

    Fordsuvparts LawnSite Senior Member
    Posts: 517

    Our company owns most of our truck( the bank still has a few liens on them), I own a few of them and lease them to the business. We also own a tree farm and our landscaping company leases a truck and a tractor to it.
  9. Total.Lawn.Care

    Total.Lawn.Care LawnSite Senior Member
    Posts: 841

    Sole Prop here as well and I own everything. That will soon change however. When I become and LLC, everything will be in the name of the bus.
  10. Lawnworks

    Lawnworks LawnSite Fanatic
    from usa
    Posts: 5,407

    What kind of tree farm do you own?

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