Dollars & Sense

Dollars and Sense

December 1, 2010

 | by: Kevin Rutherford

Finding the perfect used truck

By Kevin Rutherford


Last month I gave you an overview of buying a used truck. Here is a step-by step approach to guide you through the process and help you make smart decisions.

DEFINE YOUR APPLICATION. Most potential owner-operators I talk to wouldn’t dream of going to a carrier without already having a truck. I promise you, any carrier representative will be eager to talk with you and help you understand his operation before you own the truck. As you talk with potential carriers, further outline your business model. This is a great opportunity to spec the right truck for the work you are planning.

DESIGN YOUR PERFECT TRUCK. With your application in mind – type of freight, regions to haul in, etc. – spec the truck from the bumper to the mud flaps. The first two priorities are always fuel mileage and low maintenance cost. The things to consider include body style, engine, transmission, rear end ratio, tire sizes and styles, weight, accessories, APU or other idle reduction technology, mileage, sleeper size, etc.

In addition to getting specific engine tests done, it’s wise to have a mechanic check the entire truck and give his opinion on the condition of any important system.

BEGIN YOUR SEARCH. Many online resources are available to search for used trucks. A simple Google search will get you started. List all truck models that might meet your criteria. In the beginning, you might want to try to match your criteria exactly. If you are having trouble, lighten up a bit on the requirements. Give yourself plenty of time: 30 to 60 days is not out of the question. Be persistent.

NARROW YOUR LIST. Once you have found three to five trucks that meet your key requirements, rank them by your preferences. Run a VIN check online to get as much history as possible. You will find ownership history, insurance claims, accidents, mileage history, and more. When you find a clear reason not to buy a certain truck, put it aside and move to the next one.

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