Why You Should Invest in Second-Hand Trucks

WHY YOU SHOULD INVEST IN SECOND-HAND TRUCKS

Why you should invest in SECOND-HAND TRUCKS? You’re building up your fleet of trucks. It’s part of your new or expanding business venture. In your mind, everything has to be fresh and new; the symbol of new beginnings. The trouble is, when you get to the new truck dealership, you find that the price tags somewhat shatter that dream you had. You think to yourself “well, I can cut back a bit on upgrades and extras” but then you not only lose key features of the truck that make it safer and more reliable, but you are still stuck with a high price on a machine that will only depreciate in value as soon as you drive it off the dealership lot.

Trucks are an expensive business, its true. You probably did have an idea of that. What you might not realize, however, is that for nearly all businesses, second-hand trucks are a far better investment than new trucks. In this article, we will endeavor to explain to you why that is.

First and foremost, the price tag

When you’re expanding your business, commercial vehicles are a must, but you also need to keep costs down to help spur growth. If you invest in second-hand trucks, then you can use the thousands of dollars you save to invest in other areas of the company — hiring team members, improving facilities, buying stock etc. When you see just how much further your money goes, you won’t regret for a second opting for second-hand trucks over new ones.

Second, depreciation of value

The second key point is also about cost. When you drive your shiny new truck off the lot, it immediately loses value. Within minutes of you or an employee driving it, it becomes a “used vehicle.” The immediate depreciation can be as much as 20 percent! That only continues as you use it, so you’re constantly losing when you buy a new truck. Is a newer model number really worth all this extra expense? A used truck will clean up just as nice, and because the depreciation has happened, you get to enjoy the savings.

Third, buy used but buy “up”

When you were thinking of buying new, what level of machine could you afford? When you glanced at the stock of used trucks, what do you notice. For the same price as the mid-level truck you wanted to buy new, you can get the higher-specification version used at either the same or even a lower price. It’s hard to argue with that. For the same money you would invest in new vehicles, you can actually buy more advanced vehicles with more features and additions.

Fourth, modern trucks are built to last

The days of poor-quality designed to last a few years before you get another cheap replacement are gone. Trucks in this day and age are built to last, and the overall quality of parts and technology has dramatically increased. People aren’t trading in trucks now because they are getting rid of some rust bucket, they’re most likely trading in as a part-exchange for something new. This brings a high volume of top-quality trucks to the second-hand market, still as good as the day they rolled off the production line, but no longer “new.” You can have confidence that a truck three or even five years old still has plenty of time to give you 100% reliability.

Fifth, expand your fleet and empower your company

More affordable commercial vehicles mean a bigger fleet, which in turn means that you are able to ship more goods to more people. One good business decision breeds further good results, and buying used trucks might be the best decision you make this decade. When your business needs to grow in a competitive market place you need all the advantages you can get, and If you can build your haulage capacity quickly, then you can build your reputation quickly.

Finally, because utility must outrank “style”

Let’s face facts, when it comes to commercial vehicles, substance trumps style much more often, especially when it comes to trucks. A brand-new truck doesn’t add anywhere near enough significant value to justify the capital cost. What you need most of all is good utility, and you can get that in spades from a used truck. When the truck sides are painted with your logo, contact information and whatnot, then who can really tell (or care) what year the truck was manufactured. Does it do its job? That’s the only question that should be on your mind.