Truck Buying Options – New or Used, Buy or Lease

Truck Buying Options – New or Used, Buy or Lease

The choices are many when it comes to buying a new commercial truck, but the options may be fewer as the prices of new and used vehicles continue to climb. Manufacturers are blaming the price increases on the inflation of the cost of materials as well as government safety and clean air standards, and regulations.

New or Used

Purchasing a new vehicle may certainly seem like the best option. You know everything about that vehicle from its maiden voyage – its maintenance history, accident history, etc. But can your business currently afford the cost of a new truck?

Here are some additional facts to weigh into the new vs. used decision. While the cost of purchasing new is definitely higher, the cost of maintenance is much lower with a new truck. New trucks are equipped with the latest technology helping companies save on fuel and other operating costs, plus they include safety features that can help drivers avoid accidents.

Other considerations in the new vs. used decision are the number of miles the truck will be driven. A truck that will be relied upon heavily and will be putting on thousands of miles per year might best be purchased new. While a truck that is used less frequently and may sit idle for days or weeks at a time, might best be purchased used.

Buy or Lease

Large carriers may have the means to purchase new vehicles with cash, but most companies today finance their vehicles. There are certainly good reasons to finance your truck purchases. The number one benefit is keeping the company’s capital available. But what makes most sense when financing, a loan, or a lease?

Let’s look at leasing first. Leasing payments may actually be lower for a higher quality vehicle as they cover depreciation, rather than equity in the truck. Companies such as NationaLease offer regional and local sources of loans and leases, making availability of financed vehicles easy to secure.

In contrast to the lease, financing a commercial truck has the advantage that once you have paid the loan, you own it. The residual value belongs to the company and depreciation can be claimed annually.

The best choice is to review the options with your accountant. They may recommend one over the other depending upon your current corporate finances. In many cases, a healthy mix of new and used, leasing and financing make for a diverse portfolio within your fleet.

Why C&M Motors

C&M Motors is a locally owned and operated family business serving the greater San Diego area since 1982. With 2 locations to serve you (National City and Vista), we offer a more personalized experience and customized services to meet your business needs. New and used, leasing and financing, as well as service, rentals, maintenance, collision, fabrication, parts, and 24/7 emergency roadside assistance are all available at C&M Motors.

Give us a call to learn more.

C&M Motors Inc

www.cmmotorsinc.com

(800) 736-3443

 

New and Used Commercial Trucks – Rental & Leasing

san diego truckingAt C&M Motors, we don’t just sell, lease, and rent new and used commercial trucks. We solve your transportation needs. We are a family owned business serving the San Diego area since 1982. We are a full-service truck sales and leasing company with competitive pricing and a talented staff of commercial truck experts. We work hard to find you the right truck and make sure that it is safe and well-maintained.

At C&M motors we are passionate about the commercial trucking industry and dedicated to our customers and their success. We use our 36 years of experience to help each and every client find the right solutions for their transportation requirements. Our customer testimonials speak to our dedication.

We specialize in Hino Medium Duty trucks and offer Dry Vans, Refrigerated Trucks, and hybrid models designed to save you on gas costs and protect the environment. Every truck is clean and well-maintained, and we offer 24×7 roadside assistance. As part of the NationaLease network, you get coast to coast coverage that is important for many clients. Our attention to detail, quick response, and excellent service record keep our clients returning to C&M.

C&M Motors is here to offer you the best, most reliable transportation options and emergency road service available. We are committed to getting you on the road and completing your transportation requirements quickly, safely, and with the best tools and support available.

Whether you are looking for a new commercial truck or a well-maintained used truck, we will help you find the right truck at the right price. We pride ourselves in being a valued business partner to all our clients and look forward to assisting you. Give us a call. Our friendly and knowledgeable staff would love to help you.

 

C&M Motors – San Diego’s premiere Hino dealership!

www.cmmotorsinc.com

(800) 736-3443

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