Used Truck Purchase Checklist | C&M Motors
When it comes to buying a used commercial truck, there’s lots to be prepared for. You’ll likely need to spend several hours researching what’s available, comparing prices and features, and determining which truck will meet your specific needs. In order to further narrow down your search, you’ll also need to factor in the inevitable costs that come with purchasing a used vehicle so you can budget accordingly and receive the most value.
Things to Remember When Purchasing a Used Commercial Truck
Here is a used truck purchase checklist along with some important tips for buying used commercial trucks that will help guide you through the process.
As you go through the process of purchasing your next used truck, follow this checklist as a used truck buyer guide:
- Make a list of your trucking requirements
- Know your budget or price range you feel comfortable with
- Narrow down your search to a few potential options
- Investigate and assess the truck’s history and current condition
- Determine appropriate financing and insurance options
By following this simple used truck purchase checklist, you can better prepare yourself to find the right one and make a smarter investment.
1. Review the maintenance history
If you’ve determined there are no glaring problems with why the truck has come onto the market in the first place, then you’ll want to do your due diligence. Check out the truck’s maintenance records. Has the truck received regular service and maintenance? Having a better idea of the overall history of the truck can help prepare you for what’s to come should you purchase it.
2. Research the models track record
Another important factor in buying used commercial trucks is the model in question. Certain engine models have a known history of chronic problems. Some trucks are also known to wear out after a certain period of time or mileage reached. Do your research online about the best engine models before committing to your next used truck.
3. Select the best engine, transmission, and axle layout
Consider the type of axle layouts and configurations that are available. Depending on the load you’re carrying, power requirements, transmission options and axle configurations can make all the difference. There are different layouts that are more appropriate for each scenario:
- Are you hauling goods long distances throughout difficult terrain?
- Or are you making shorter more frequent trips?
4. Explore financing
As you get closer to narrowing down your next used truck, it’s important to research the available financing options. Certain lenders operate on different criteria when it comes to providing financing plans. Certain types of used commercial trucks may not be eligible for financing with certain lenders. Sometimes financing approval is subject to official inspection. If the truck doesn’t meet certain requirements, then financing may not be an option.
5. Extended warranty
Ask about the dealership’s warranty. Often dealerships offer extended warranties on trucks. If available, extended warranty coverage can alleviate some of the financial burden associated with purchasing a used truck and offer some piece of mind. But be aware that depending on the plan, the cost of extended warranties may not be worth it.
Contact C&M Motors Today!
At C&M Motors, we want you to have the best new or used truck buying experience. We offer financing and extended warranties all designed to make ownership easy and affordable. Contact us to learn more.