708-467-7181     16425 Van Dam Rd., South Holland, IL 60473

 

     Financing a used semi-truck is different for everyone. United Trucks of Chicago team works to create specialized financing and lease solutions tailored to our customers’ business. The financing professionals at United Truck sales of Chicago have access to multiple lenders that specialize in loans for a variety of individuals, including those with less than perfect credit. They can answer questions about no money down / no credit check / guaranteed or bad credit semi-truck financing.  If you are in the market for a used semi-truck, you don’t have to go it alone. Give us a call today to receive a free consultation regards that matter.

 

Depreciation
When you buy a brand-new semi, it depreciates in value as soon as you drive it off the dealer, just as a new car does. And most of the depreciation that follows happens within the first months.
When you buy a used truck that's been "around the block" for several years, depreciation no longer becomes a real issue, making your investment in a used truck much more solid. In fact, used models hold their value as time goes on, more so than a new truck does.
This becomes a huge advantage when it comes time to sell, particularly if you have to sell soon after buying; you won't take as much of a monetary loss as you would when trying to sell a new truck.  
 

 

Thinking about pushing your buying decisions into 2020? Consider the benefits of receiving this year’s bonus tax depreciation if you purchase a used semi truck before year-end.
The Tax Cuts and Jobs Act, signed on December 22, 2017, greatly enhanced bonus depreciation opportunities available to businesses in the market to buy equipment. In 2019, taxpayers can elect a 100 percent bonus depreciation deduction under either IRC Section 179 or 168(k).

Bonus Depreciation
When your business typically purchases equipment items, it can write those items off a little at a time through the depreciation. There were two enhancements under 168(k) that were not previously available or within Section 179, which are:
There is no dollar limit on the amount of property you can purchase that can qualify for the bonus depreciation.
This deduction applies to both new and used equipment. We have a great selection of used semi trucks.