New vs. Pre-owned Truck(s) for Your Trucking Company

As a Professional Truck Driver, your truck is your most important asset.

Deciding whether to lease, finance, or purchase a new or well-maintained used truck is a big decision. It is up to you to do your research and determine which option works best for your business.

You must conduct due diligence to ascertain which course of action is best for your company. In today’s blog post we will be discussing new versus used semi trucks and the advantages of each.

We’re going to start off by discussing the advantages of operating a new truck.

Reason Number One.

New trucks are often backed by a warranty. This will allow for more confidence while out on the road and fewer out-of-pocket expenses and greater confidence when driving.

Reason Number Two.

Better miles per gallon. Newer trucks typically have higher fuel efficiency, which could result in cost savings for your company and overall business endeavors.

Reason Number Three.

New trucks frequently come loaded with improved features. New trucks will often come with safety features such as: Collision mitigation system. Side-facing radar systems. Side and forward-facing cameras and electronic stability control systems. Plus a new truck could make your life more comfortable out on the road as a professional truck driver. Some of those features may include HVAC and APUs, factory-installed refrigerators, and eighteen-hundred-watt power inverters.

Reason Number Four.

The likelihood of a truck breaking down is lower with a new truck. The risk and associated costs of repairs are greatly reduced when there is less wear and tear on it.

Reason Number Five.

When operating a new truck, you know the truck’s complete history. No one has ever driven the truck before. When operating a used truck, you run the risk of operating a truck that was not well maintained by its previous owner.

There are many implied benefits when it comes to brand-new commercial trucks like Kenworth, Volvo, International, Western Star, Peterbilt, Freightliner, and Mack. The advantages listed below are definite if you decide to buy a new commercial Big Rig:

New vs. Used Commercial Trucks: New Benefits

  • Full knowledge of the truck’s (probably short) historyLess maintenance/repair costs
  • Extensive and comprehensive warranties
  • Ease and ability to service your truck
  • Tend to have lower emissions levels
  • Peace of mind in your investment
  • Often more fuel-efficient
  • Overall reliability

When it comes to the cons of buying a new commercial truck for sale, many would say the price is a disadvantage. But— when you consider the reliability and confidence involved in opting for a new commercial truck for sale— you may decide that every penny is worth it to you.

Next, we will discuss the advantages of operating a used truck.

Reason Number One.

Used trucks typically have less upfront cost. Used trucks typically require less money down than a new truck. This is because the overall value of a used truck is lower.

Reason Number Two.

Used trucks typically have lower payments. Whether you lease a used truck or purchase a used one and finance it, the payments will most likely be lower than they are for a new one. This is because the overall value of a used truck is lower.

Reason Number Three.

The depreciation value of a used truck is lower. This is because used trucks do not lose their value as quickly as a new truck does. Now that you know the advantages of operating a new versus used semi truck, your next step is to decide which is most important to you and your business.

New vs. Used Commercial Trucks: Used Benefits

A used commercial truck is an excellent solution for drivers wishing to save on the high cost of a new truck. Along with the financial appeal, a used commercial vehicle for sale has the advantages listed below:

  • Newer pre-owned models can offer the advanced features you’re looking for less
  • Can afford a model you might not be able to brand-new
  • Can be in great condition, with nearly-new quality
  • CPO models offer warranty protection
  • Many older truck models were built to last
  • Older trucks can have serious power
  • Lower upfront cost
  • Cheaper to insure

Regardless of what you decide, Fr8 World Logi$tix can provide additional input for a variety of scenarios. These factors will vary by year make and model so give us a call at 713-579-1933 for more information during business hours.

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Written by: Fr8 World Logi$tix.

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