708-467-7181     16425 Van Dam Rd., South Holland, IL 60473

 

 

Whether you're new to the trucking industry or you've been driving for years, making the decision to purchase a semi-truck comes with a list of technical questions and factors to consider. And one of those questions is whether to buy new or used. A lot of truckers might admit to wanting a new model in order to enjoy all the modern technology and whistles they've ever dreamed of. But you'd be surprised at what a used truck can offer, too. Here are some advantages of buying a used semi-truck over a new one.
Price
The most obvious advantage to buying used is the price of course. Used semi-trucks are significantly cheaper than new ones. Depending on where you shop, as well as the age and mileage of the used model, you could theoretically get 2-3 used semi-trucks for the same price as one new truck.
A brand-new semi will set you back over $100,000. And trucks that are a few years old will have a price tag that hovers around $100,000. Seven years later, that same truck will run $30,000-$40,000: a significant drop.
Imagine taking the money you saved and putting it towards your business, such as marketing and client acquisition, or even investing in some truck "extras" like new tires or updating the sleeping quarters.

 

 

Depreciation
When you buy a brand-new semi, it depreciates in value as soon as you drive it off the dealer, just as a new car does. And most of the depreciation that follows happens within the first months.
When you buy a used truck that's been "around the block" for several years, depreciation no longer becomes a real issue, making your investment in a used truck much more solid. In fact, used models hold their value as time goes on, more so than a new truck does.
This becomes a huge advantage when it comes time to sell, particularly if you have to sell soon after buying; you won't take as much of a monetary loss as you would when trying to sell a new truck.  
 

 

Everything Is Road-Ready

You know all that greasing, oiling, filling, and checking you would have to do with a new truck? You do not have to do that with a used truck. During the truck's intake inspection, the used truck mechanic makes sure everything is oiled, flushed, filled, greased, inflated, and cleaned to make sure it passes inspection. As soon as you pay for it, you can drive it.

We have financing options available

If you cannot afford to buy the used truck outright, you can lease to buy. In fact, we will allow you to put money down as though you are going to buy the truck. Then you lease it, putting monthly payments toward the possibility of buying the truck.

Truck History That Helps You Determine Sources of Future Problems

Every used truck has a history. As long as the other drivers and owners of a truck have accurately reported accidents, it will be on a truck history form that the dealer can access and print off for you. Even though all used trucks MUST pass inspection, you cannot find tiny imperfections that were caused by an accident until they break or need repair.