In the Market for a New Semi? Four Reasons to Buy a Used One

29 October 2018
 Categories: Automotive, Blog


If you are in the market for a new Freightliner or other semi-truck, you may want to first consider the benefits of used Freightliners. Here is a look at four advantages of not buying new.

You'll Save a Lot of Money

When you buy a brand new car, you lose money the minute you drive it off the lot. The exact same depreciation happens when you buy a new semi-truck. A new truck won't hold its value. However, a used truck will hold its value because its value is based on its actual rather than perceived value. Depending on the state you are located in, you may also save considerably on registration fees and taxes. Additionally, used trucks are generally cheaper to insure than new trucks are, which will require you carry full coverage if it is financed.

You Can Build Your Fleet Quicker

Whether you have just started a trucking business or have been established for some time, the more trucks you have on the road, the more loads you can haul, which means more money in the bank for you. When a new semi can cost up to $150,000, it makes more fiscal sense to buy used. For the same price as one new truck, you can get two to four used ones depending on age and condition. Since you'll be making more money off the same amount of money spent, you'll be able to pay them off faster and add even more to your fleet.

You'll Recoup More on Your Investment

Because a used semi-truck doesn't lose its value as quickly as a new one does, when you eventually sell it, your loss won't be as large as it would be had you bought a new one. Make sure you have a maintenance plan in place and keep accurate records of what was done when. If a prospective buyer can see the truck has been well-maintained and the oil was changed when it was supposed to be, they'll be more likely to meet your asking price when it comes time to make an offer.

You Can Afford More Add-On Features

Technology just keeps getting better and better, and that technology is in every industry, including semi-truck manufacturers. New semi-trucks also use computers and are available with all the bells and whistles. These options don't come cheap. However, when you buy a used semi-truck, your dollar will go further and you will be able to afford these trucks with more options. 

For more information, contact a company like Arrow Truck Sales.