Whether you are a full-time truck driver or an owner of a trucking company, buying used semi trucks is the best way to get great deals. Many times, you can find gently used and well-taken care of used semis that are just as good as buying new. To find a great used semi, it is best to take your time and be prepared before you buy.
Many truckers and fleet owners feel that they need to only buy new trucks if they want something that is dependable. This is not true. There are many used trucks that are available that can be just as dependable as a new semi truck but at a much more affordable price. No matter if you are buying new or used Kenworth, you still need to be cautious during the buying process. This, undoubtedly, is a little more true for used semis. By following a few tips before beginning your search, you are sure to find a great used semi for your trucking needs.
Plan Your Purchase Ahead Of Time
Because buying a semi truck is a big business decision, there should be much thought about the process before even heading to a dealer. Creating yourself a business plan can help you in many ways. You will first need to know what your budget is. It is not wise to buy a used semi truck without even knowing how much you can afford. You are in the business of making money, not wasting it. Also, having a plan showing exactly how you expect to make money using the truck is a great idea. This can be used when you are trying to get financing for the truck from a lender.
Get Your Credit Report Checked
Whether you are buying a used semi truck yourself or through a company, a lender is going to use your credit report when evaluating whether or not to offer you a loan. A credit report will show lenders how much they can trust you to repay their loan. If there are any discrepancies on your report, they should be dealt with and fixed prior to trying to get a loan for a semi truck.
Evaluating The Trucks
Once you have narrowed down the dealers, then it is time to visit the lots and thoroughly inspect the trucks. When buying a used semi truck, it is imperative to ask the dealer for the inspection and maintenance records. The maintenance records will be a great indication of how well the truck was taken care of by its past owner. The inspection records are also very important in making sure that the truck is up-to-date on inspections and is still legal to drive. After you are done with your initial evaluation, you should have a certified truck mechanic look over the truck. Make sure that the mechanic is someone that you can trust to tell you honestly whether or not the truck is worth buying.
Many truckers and fleet owners feel that they need to only buy new trucks if they want something that is dependable. This is not true. There are many used trucks that are available that can be just as dependable as a new semi truck but at a much more affordable price. No matter if you are buying new or used Kenworth, you still need to be cautious during the buying process. This, undoubtedly, is a little more true for used semis. By following a few tips before beginning your search, you are sure to find a great used semi for your trucking needs.
Plan Your Purchase Ahead Of Time
Because buying a semi truck is a big business decision, there should be much thought about the process before even heading to a dealer. Creating yourself a business plan can help you in many ways. You will first need to know what your budget is. It is not wise to buy a used semi truck without even knowing how much you can afford. You are in the business of making money, not wasting it. Also, having a plan showing exactly how you expect to make money using the truck is a great idea. This can be used when you are trying to get financing for the truck from a lender.
Get Your Credit Report Checked
Whether you are buying a used semi truck yourself or through a company, a lender is going to use your credit report when evaluating whether or not to offer you a loan. A credit report will show lenders how much they can trust you to repay their loan. If there are any discrepancies on your report, they should be dealt with and fixed prior to trying to get a loan for a semi truck.
Evaluating The Trucks
Once you have narrowed down the dealers, then it is time to visit the lots and thoroughly inspect the trucks. When buying a used semi truck, it is imperative to ask the dealer for the inspection and maintenance records. The maintenance records will be a great indication of how well the truck was taken care of by its past owner. The inspection records are also very important in making sure that the truck is up-to-date on inspections and is still legal to drive. After you are done with your initial evaluation, you should have a certified truck mechanic look over the truck. Make sure that the mechanic is someone that you can trust to tell you honestly whether or not the truck is worth buying.