Whether you are a full-time trucker or an who owns a trucking company, buying used semi trucks is the greatest 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 purchase.
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 lots of used trucks that are available that can be just like dependable as a new semi truck but at a much more reduced price. No matter if you are buying used or new, you still have to be cautious throughout the buying process. This, undoubtedly, is a little more true for used semis. By using a few tips prior to starting your search, you are sure to find a great used semi for the trucking needs.
Plan You buy the car Ahead Of Time
Because buying a semi truck is a huge business decision, there must be much considered the process before even heading to a dealer. Creating your business plan can help you in many ways. You'll first have to know what your budget is. It is not wise to buy a used 18 wheeler without even knowing how much you really can afford. You are in the business of making money, not wasting it. Also, having a plan showing exactly how you expect to earn money using the truck is a great idea. This can be used when you are trying to get financing for that truck from a lender.
Get the Credit Report Checked
Regardless if you are buying a used 18 wheeler yourself or via a company, a lender will use your credit history when evaluating if you should offer you a loan. A credit report will show lenders just how much they can trust you to repay your finance. If there are any discrepancies on your report, they should be dealt with and fixed prior to trying to obtain a loan for a semi truck.
Find A Dealer
Truck dealers really are a dime a dozen. No matter where you live, there are many truck dealers that you could visit. Visiting each one of these in person can be a waste of time and cash. To narrow down your list before setting foot on any dealer lots, you want to do a search online. Online, you will be able to find all the dealers which are in and around your area. Many will also provide websites to appear through with some of their stock to view ahead of time. This can be a great way to narrow down your choices before you go to look at any trucks in person.
Evaluating The Trucks
After you have narrowed down the dealers, then it is time to visit the lots and punctiliously inspect the trucks. When buying a used semi truck, it is imperative to ask the dealer for the inspection and maintenance records. The constant maintenance records is a great indication of methods well the18 wheeler was looked after by its past owner. The inspection records will also be very important in making sure that the18 wheeler is up-to-date on inspections and it is still legal they are driving. After you are completed 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 let you know honestly set up truck may be worth buying.
Find A Lender
When you are done finding the perfect used 18 wheeler for your trucking needs, the time has come to secure financing. You've got a few choices with regards to securing a loan. A loan could be obtain most likely through a traditional lender such as a bank, through one of the countless lenders that can be found online or with the dealer if they offer it. Because loans for semi trucks are going to be used to earn money and they are more vital in collateral, it can be easier to secure a loan for them when compared with personal vehicles. Before accepting any loans, be sure to get a few quotes to compare so that you can look for a great loan that offers you the best rates.