When you scour the industry for commercial truck for sale, there is one question that initially pops to mind: to buy an old or new truck? Indeed, it is a practical consideration for business owners who want to stretch their dollar. It is completely understandable if you have any reservations about buying used trucks. However, this should not cloud your decision especially if you have a limited budget to spare.
Use the guide below to help weigh in your options before you invest on a commecial prime mover, be it old or new:
Pro’s & Con’s of Buying a New Truck
The benefits to buying new heavy or light duty trucks for sale is obvious – you can guarantee that the vehicle is in its prime running condition. All of the parts and other components in the truck are also new. Hence, you can expect for it to be operated without any hassle over a considerable period of time (about a year or two).
However, the benefits mentioned above can come with a price (a huge price, even). Brand new heavy or light duty trucks can be really expensive. Most small business owners do not have the finances to support this purchase. If you really insist on buying a new one, then you can get a financing loan to finance the purchase. And for any business, a loan can be a bad way to start because you would not want to end up in a huge debt as it will add to your overall operational expenses. Make sure you evaluate your financial capabilities before you pursue buying a brand new commercial truck for sale.
Pro’s & Con’s of Buying a Used Truck
On the other end of the spectrum, buying used trucks could mean you can get them for a lower price. It is a favorable option for small business owners who do not like to lease trucks and want to have their own trucks for use. If you know what to look for when inspecting used trucks, you could end up with a great deal. It is therefore recommended that you have an expert come with you when you buy to inspect the condition of the truck.
Despite the ability to save big when buying a used truck, there are a few drawbacks that can go with it. For instance, you might need to invest additional money on replacing certain parts that might not be in their best shape. For your own safety and optimal performance, it is important that you replace faulty parts. Another notable drawback to buying used trucks is that some older truck models are not fuel efficient. Hence, you could use up a lot of fuel in order to keep the truck running.
Save time when searching for commercial truck for sale and head to UD Trucks. This website offers a wide range of truck types to suit your business needs. Indeed, you can find semi trucks to heavy duty trucks to prime movers, all at a wide range of prices! If you want to browse the truck selection, check their official website at http://www.udtrucks.com/en-au/trucks.