Posted on: 9 March 2015
Although there are probably a lot of things that you love about owning and operating your own big rig, one thing that you probably don't enjoy is having to pay for all of the maintenance yourself. Tires, for example, can be worn out quickly when you're constantly on the road, and the cost of new tires can be extremely expensive. Luckily, there are ways that you can reduce costs. If you are an owner-operator, there's a good chance that you can benefit financially by following these tips.
Count it as a Business Expense
As an owner-operator, it's important to count as many business expenses as possible so that you can get some relief at tax time. Tires definitely qualify as a business expense, so make sure that you keep your receipts and give them to your accountant or tax preparation professional.
Consider a Retread Program
Some truck tires can be retreaded, which means that you can replace just the tread on the tire instead of buying brand new tires each time that you wear a set out. Although the initial investment can be a little higher, it's sure to be worthwhile when you're able to save money later on down the road.
Pay with Credit
Although the idea of going into debt to pay for truck tires might not seem like a good idea, a credit program can allow you to save money in many cases. For example, many companies that sell truck tires offer discounts and perks to customers who open up a line of credit with them. Use your line of credit and then pay off your tire purchase in full. Another option is to use a business credit card that offers cash back rewards to pay, then pay off the purchase of the tire when your statement comes in. This is an excellent way to get some of your money back or score a discount, plus being able to break up your purchase into payments might be helpful if your budget is tight as well.
Preserve Your Tires
Taking basic steps to help preserve your tires can save you a lot of money in the long run and can even help with other types of wear and tear on your big rig. For example, driving at reasonable speeds, avoiding riding your brakes and otherwise driving carefully and cautiously can help your tires last longer.
As someone who owns and operates your own big rig, you probably spend a lot of money on tires each year. If you follow these tips, however, you can probably save more than you think. For more information, contact a business such as Mora Chevrolet Buick.Share