Know The Facts: Buying A Used Heavy Duty Truck Is Smart Investment
Are you planning to purchase your first heavy-duty truck? If so, you may be wondering whether you should buy a new or used model. Perhaps you have been shopping around and have seen some impressive rigs. There are a variety of reasons to choose a used heavy-duty semi-truck. You need to know what those are so that you can make an informed decision. The following points highlight a few perks you can expect by opting for a used truck.
Lower Depreciation
This is a huge factor to consider if you are unsure about whether to buy a new or used commercial truck. If you buy a new truck, it will depreciate. You will end up paying for the truck at its cost. At some point, you could end up owing more on the truck than it is worth. Opting for a used model will afford you the peace of mind that the truck has already depreciated in value and that it was not at your expense. The power of depreciation means that you can get a like-new semi-truck at a great price.
Lower Insurance Rates
Commercial truck insurance rates are high because of the dangers associated with big trucks on the roadway. Getting a new truck will mean higher insurance rates because the insurance company has to insure based on the cost of the truck. Getting a used truck means that the depreciation has occurred, which results in a lower selling price and better insurance rates.
Wide Selection
There are many options when it comes to choosing a used semi-truck. Many have impressive features. If you have some features in mind that you want your truck to have, take a moment and compare the cost of a new model and a used one. Then, take a moment to look at both trucks' appearances. You might find that they bear a close resemblance to each. Why pay more if you don't have to?
Save Money
Your goal as an independent truck driver should be to save money on operational costs. There are a variety of savings you can expect when you opt to purchase a used commercial truck. If you finance, you might be able to pay for the truck sooner because it costs less than a new one. The insurance rates represent another long-term saving you can expect.
A pre-owned commercial trucks dealership, like Arrow Truck Sales, is a good resource to use to learn additional perks of buying a used model.
Share
