The top ten “musts” when purchasing a commercial vehicle.
In honor of Commercial Truck Season, Commercial Truck Trader has created a list of top ten “musts” when purchasing a commercial vehicle. Given the importance and immediacy that typically accompanies a purchase this large, the below list will hopefully assist in any current or future commercial vehicle purchases.
- First and foremost, it’s important to do your research. Make sure to spend time online reading reviews and identifying the features that are critical to your vocation and vehicle.
- Next, start looking before your immediate need. Nothing makes for a worse buying experience than having to buy immediately, making rash decisions due to pressure. Research the type of vehicles that work for your vocation. Use the “jobs” feature on the homepage search on CommercialTruckTrader.com to get an idea of the types of vehicles that are available. You’d be surprised how many new ones are out there.
- Make sure to buy from a dealership that you trust. Some questions to ask when making this decision would be: Does the dealership have a good reputation? Has it been in business for several years? Does the commercial manager know the business? Is the staff responsive and knowledgeable?
- Next, make sure to develop a relationship with a trusted commercial dealership. Buy from someone who understands commercial needs. Are they offering any discount programs or incentives? Does their financing meet your needs?
- Beware of fraud. Remember, if the deal is too good to be true, it’s too good to be true. Don’t fall victim to common fraudulent tactics. Don’t wire money. Make sure to use a reputable escrow service. Don’t buy from a broker or agent. And don’t buy a vehicle based solely on photographs.
- Get the right vehicle for the right job. Does this vehicle do what you need it to do? Is the upfit designed for your vocation? Is it rated to carry the load that your job requires? Does it have enough towing capacity?
- Calculate necessary repairs into the price you are paying for a used vehicle. Getting a vehicle “job ready” may add significant costs to your purchase. A new or newer vehicle may be a cheaper option. Ask for a shop report and a vehicle history report. The dealership should have no issue providing these reports. When conducting your on-site inspection, make sure to check the rubber, check the engine for leaks and blowback, look for rust – anywhere on the vehicle is bad, check the battery date, and check the transmission fluid for foreign objects, such as metal.
- Another, important take away is to compare models. Even if you already have your mind set on a certain vehicle, there’s no harm in a comparison. Side-by-side comparisons are a great way to determine which vehicle is right for you. CommercialTruckTrader.com provides a compare feature in there search results pages.
- Get the best price for your trade-in. Shop your trade-in around. Make sure to clean it up and that it is buyer-ready. Also, include all repair and maintenance receipts
- Lastly, and probably most importantly, stick to your budget. Though that sounds like a given, don’t allow a quick, last-minute decision to derail your careful planning. Set a budget and stick to it.
We’re aware that obviously there’s still more tips and tricks to employ when making a purchase, these were just a few we wanted to mention. Hopefully, these ten tips will provide assistance with your next commercial vehicle purchase.
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