5 Reasons To Consider Buying Your Semi-Truck Used
If you are interested in being a truck driver, it's time to consider getting your own semi-truck. While you can run out and purchase a brand new truck or lease one for less, but buying your semi-truck used is an excellent way to get what you need for less. Check out these five reasons you should consider getting a used semi-truck instead of leasing or buying brand new.
You Get More for Less
In an ideal world, you'd get a top-of-the-line name-brand new semi-truck with all the latest features. However, that is going to cost you a fortune, and if you're just starting your trucking business, it may not be possible to spend a lot on a new truck. If you purchase a new semi-truck, you'll pay between $100,000 and $150,000. Depending on the brand and the features, you may have to pay more. Used semi-trucks, however, are incredibly more affordable. Even a truck that is only a few years old will cost a lot less, making it possible for you to get a name-brand used-truck with great features for only $15,000 to $100,000.
There Are Fewer Operating Costs
You'll also see savings with some operating costs when you purchase a used truck. Operating costs include gas, insurance, registration, etc. For example, because a used semi-truck is worth less money than a new one, it costs less to insure than a new truck. One operating costs, however, that might be more with a used truck is gas. Newer vehicles, including semi-trucks are usually more efficient, requiring less gas to run. Therefore, if you do decide to purchase a used truck, as about the gas mileage and make sure you have enough in your budget to afford it.
There Are Many Options
It may seem like the only way you can get the truck you want is by purchasing it new, but that is far from true. There are many options when it comes to buying used semi-trucks, and many dealers only sell used semi-trucks. This means there are lots of options, and you'll be able to choose the truck that suits you best. In fact, if you are new to trucking, it may be easier for you to buy a used truck because it comes as-is. With a new truck, it's too easy to get excited about all the expensive features that are fun, expensive and not necessary.
Depreciation Is Reduced
You purchase an expensive, top-of-the-line new semi-truck, but after only a year, you need to sell it to upgrade, downgrade or because trucking just didn't work out. Unfortunately, you're not going to get anywhere near what you paid for the new truck. This is due to depreciation, which happens fast with new cars. Used cars, however, lose depreciation slower because they are worth less than a new car. Therefore, if you purchase a used semi-truck and have to sell it soon, you'll lose less money.
You Get to Own the Truck
Leasing is another option besides buying, and it's a great way to get a high quality truck for less. With leasing, you simply rent the semi-truck. This is great for people who frequently upgrade or change to new semi-trucks, but it also means you don't own the truck. Just like renting a home, you can't make some changes to the semi-truck without permission because it belongs to the leasing company. You can choose to buy the semi-truck after the lease is up, but you'll end up paying a lot more than it's worth.
If you're in the market for a semi-truck, you must consider getting yours used. With so many options and such affordable prices, used semi-trucks are the best option, especially if you are just starting out. For more information, contact a used semi-truck dealer today.