Hello ,
I have a quick question in regards to how plate programs work. When i buy a truck is registration not the same as plates? I see many companies offering plate programs and am curious how they work. Any insight would be great.
Thanks
Plate program , how it works?
Discussion in 'Ask An Owner Operator' started by SSTrucking, Jan 11, 2016.
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Truck is titled to you at your home address, apportioned plates can be bought by a carrier for your truck from a different state.
My truck and trailer is titled in OK, truck has IL plate and trailer has OK plate. -
If you're a true O/O you can register your truck in your home state then lease on to a company, however, some states are less expensive to register in. So the co. you lease onto will know the least expensive states which are In./Ok. possibly Il. That means you can come on board, get your plates thru the co. you're leasing onto, pay them usually thru a payroll deduct, which eases the pain of coming up with 2 grand instantly, right ? Then, if you bail, you can "sell" the plate back to the truck co. but if you do, you will need to register your truck somewhere, like right now.
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ehh in nj is just under 1300 dollars per truck with all the states I read somewhere that you must register your truck in all the states not too sure how accurate is that but I could be wrong, I personally just rather pay out of pocket.
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