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CATEGORY 2 - OTHER EQUIPMENT
Other Equipment – Equipment hooked or towed behind your Motor Vehicle. Examples (Trailers - Dry Van, Flatbed, Reefer, Tanker, Specialized, etc.)
What expense do you have when you Purchase your Other Equipment?
- DEPRECIATION EXPENSE
and
What expense do you have when you Finance your Other Equipment?
- INTEREST EXPENSE
or
What expenses do you have when you Lease your Other Equipment?
-
LEASE EXPENSE and
-
LEASE MILEAGE EXPENSE
These expenses are the same as the Motor Vehicle. If you want to learn more visit Truckerscost University in Category 1 - Motor Vehicle.