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Industry News

Leasing vs Owning

In today’s economy, fleet owners need to focus on the core of their business, which means a heavier emphasis on maintaining the trucks that run their everyday commerce. Trucks are a vital integration to business, yet now more then ever they have become much more complicated and much more complex to repair and maintain. That’s why...

Hino 155 Cab-Over Model Announced

MARCH 4, 2015 For Immediate Release Hino Trucks announced the Model 155, a Class 4 cabover truck, at the NTEA Work Truck Show in Indianapolis.  With this new addition, Hino now offers medium-duty trucks ranging from Class 4 to 7. The 155 model has a GVWR of 14,500 lbs and is powered by Hino's award winning J05E-TP engine rated...

Section 179 – EXTENDED TO $500,000

Less than a month away from the end of 2014 and Congress has passed an increase to the expense limit of equipment from $25,000 to $500,000 for Section 179. This limit remains for 2014 alone, giving truck and equipment owners only a few weeks to speak to their accountants and take advantage of this amazing news!...

HOUSE PASSES SECTION 179

The House or Representatives was busy December 5th with it's decision whether or not to extend Section 179 for 2014, extending deduction from $25,000 to $500,000. This means that as long as the equipment is purchases and in use by midnight, December 31st, a businesses can deduct the full cost of qualifying equipment from their 2014...

Take Advantage of Section 179 Tax Savings

NEWS RELEASE For immediate release Reminder from H.K Truck Center: Section 179 Allows Truck Buyers to Expense up to $25,000 on All Work Truck Purchases in 2014! South Plainfield, New Jersey — H.K. Truck Center advises that the U.S. Internal Revenue Code, Section 179 (commonly referred to as IRC-179) allows businesses to expense up to $25,000 in tax year...

Diamond Advantage Lease

Fuso’s New Lease Program Offers Great Advantages Mitsubishi Fuso Truck of America, Inc. and its captive finance partner, Daimler Truck Financial, announced that they will offer a fair market value (FMV) lease on new Canter FE Series trucks with a dry van body. The Diamond Advantage Lease Program features a 48-month, closed-end lease with 25,000 and 30,000 annual...