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Re: Re: Re: Re: F350 Dually for Tractor Hauling???
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Posted by Greywolf on February 01, 2004 at 04:57:00 from (209.23.142.32):
In Reply to: Re: Re: Re: F350 Dually for Tractor Hauling??????? posted by John on January 31, 2004 at 11:49:13:
It might be a bit higher, don't know what a 2004 $40,000 PU insurance cost these days. But the cost savings up front and the elimination of interest on the $40K, it's worth it too me. Financing $30K @ 5.9% for 60 months adds over $4700 in interest costs. The financing for the $13K cost me $1600. Difference of $3100. I do know that when I had it insured for commercial hauling with a 150 mile radius is was $2200 a year. That was $1 million liability, full coverage on the tractor and trailer (40' cornhusker) and $5000 of cargo insurance. Since I took it down to farm hauling with the same coverages it's down to $1300 a year. My whole vehicle package is reasonable (to me anyway). 2 cars, PU, horse trailer, single ax grain truck and the semi, all covered for $500K liability $100K property damage for less than $2500 a year.
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