{"id":2927,"date":"2022-02-11T08:00:48","date_gmt":"2022-02-11T13:00:48","guid":{"rendered":"https:\/\/www.usedvending.com\/blog\/?p=2927"},"modified":"2022-02-13T11:07:11","modified_gmt":"2022-02-13T16:07:11","slug":"18-wheeler-good-investment","status":"publish","type":"post","link":"https:\/\/www.usedvending.com\/blog\/18-wheeler-good-investment\/","title":{"rendered":"Is Buying an 18-wheeler a Good Investment?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Whether you\u2019ve been an owner-operator for some time and are looking to make your first purchase as opposed to simply leasing a truck, or you\u2019re a former fleet driver thinking of starting your own trucking business, you know that buying a semi truck isn\u2019t a decision to be made lightly. So you have every reason to wonder if purchasing an 18-wheeler is a good investment for your business, not to mention the best choice you can make.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While there are inherent risks in buying a used truck, whether it\u2019s a <\/span><a href=\"https:\/\/www.usedvending.com\/blog\/low-vs-high-mileage-trucks\/\"><span style=\"font-weight: 400;\">low-mileage or high-mileage truck<\/span><\/a><span style=\"font-weight: 400;\">, buying a new truck brings a few risks with it as well. It\u2019s important to remember, though, that there\u2019s also the possibility that your purchase will pay off in a big way, given enough time. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">That said, here are the key points you need to remember to ensure that you have enough guidance when deciding to get an 18-wheeler truck.<\/span><\/p>\n<div style=\"border: 3px solid; padding: 10px; width: 100%; border-radius: 25px; border-color: #F4A70F; color: #007bff;\">\n<p style=\"color: #007bff;\">What&#8217;s Inside<\/p>\n<ul>\n<li><a style=\"text-decoration: none;\" href=\"#tips\"> 5\u00a0Tips When Buying an 18-wheeler Truck<\/a>\n<ul>\n<li><a style=\"text-decoration: none;\" href=\"#reputable\"> Look for a reputable seller<\/a><\/li>\n<li><a style=\"text-decoration: none;\" href=\"#checklist\"> Make a checklist and stick to it<\/a><\/li>\n<li><a style=\"text-decoration: none;\" href=\"#warranty\"> Look for a warranty<\/a><\/li>\n<li><a style=\"text-decoration: none;\" href=\"#budget\"> Set a budget<\/a><\/li>\n<li><a style=\"text-decoration: none;\" href=\"#backup\"> Have a backup truck and backup funds<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/div>\n<p>&nbsp;<\/p>\n<h2 id=\"tips\"><strong>5\u00a0Tips When Buying an 18-wheeler Truck<\/strong><\/h2>\n<p>&nbsp;<\/p>\n<h3 id=\"reputable\">Look for a reputable seller<\/h3>\n<p><b><\/b><br \/>\n<span style=\"font-weight: 400;\">Whether you\u2019re buying a new or a used truck, you want to make sure you\u2019re doing business with a reliable, reputable seller, especially if it\u2019s the latter you\u2019re planning to get. Even if you do end up paying more for the semi by buying it from a seller with a good reputation than if you went with one that was less well-known or potentially not as trustworthy, you may well avoid having to spend on unexpected repairs and maintenance in the future.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In other words, doing your research and finding the right people to buy the truck will do a lot to ensure you get something that\u2019s high quality and performs well while requiring as few trips to a repair shop as possible.<\/span><br \/>\n<b><\/b><\/p>\n<h3 id=\"checklist\">Make a checklist and stick to it<\/h3>\n<p><b><\/b><br \/>\n<span style=\"font-weight: 400;\">Speaking of doing research, you need to do some additional searching to learn what you should check before buying one truck or the other. Then make sure you do follow that checklist.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When buying a used truck, don\u2019t forget to ask about its maintenance and repair history, how often the truck was used by the previous owner, and how it was used. This will help you pinpoint their current condition and if they\u2019re really worth the price. You\u2019ll also be aware of any potential problems in the future, giving you enough time to plan and prepare for them so you\u2019re not caught off-guard and scrambling to get it into a shop.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the other hand, if you\u2019re getting a new truck, ask dealership mechanics &#8211; if you can &#8211; about what complaints they\u2019ve had from others who own the same model, or if they\u2019ve noticed any common problem areas. How often they see someone bring in the same truck for repairs or maintenance will also give you an idea if the maintenance schedule in the truck\u2019s owner\u2019s manual is accurate. This will help you determine if the truck you\u2019re considering isn\u2019t just worth the price, but will be able to deliver overall.<\/span><\/p>\n<div class=\"uv-lst\" data-category=\"125\" data-count=\"6\" data-type=\"new\"> <\/div>\n<h3 id=\"warranty\">Look for a warranty<\/h3>\n<p><b><\/b><br \/>\n<span style=\"font-weight: 400;\">Just as you wouldn\u2019t buy, say, a big appliance like a fridge without a warranty, it\u2019s important that you look for or ask for a warranty when purchasing a truck. This is so that when things go awry when you least expect it, you have a safety net in place, so to speak, and you won\u2019t always have to go out-of-pocket. Knowing your truck is covered will make a significant difference when you drive down the road in it.\u00a0<\/span><br \/>\n<b><\/b><\/p>\n<h3 id=\"budget\">Set a budget<\/h3>\n<p><b><\/b><br \/>\n<span style=\"font-weight: 400;\">There\u2019s no doubt that you already have a budget in mind when you begin looking at 18-wheelers. However, what you pay for the truck is only part of the actual budget. You also need to factor in how much you spend on the truck per mile it drives &#8211; your cost per mile, in other words. This includes fuel, your driver\u2019s salary, and regular maintenance. If you decided to finance your truck, then your cost per mile would include the monthly payments as well.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you find that your cost per mile is more than your revenue or else you\u2019d just be breaking even each month, it\u2019s worth considering a different truck. You can\u2019t run a profitable business unless you earn more than what you spend per mile on your truck, so take as much time as you need to figure out how much you\u2019d need to generate compared to what you foresee yourself spending.<\/span><br \/>\n<b><\/b><\/p>\n<h3 id=\"backup\">Have a backup truck and backup funds<\/h3>\n<p><b><\/b><br \/>\n<span style=\"font-weight: 400;\">Whether you decide to get a new or a used truck, it\u2019s a good idea to have a backup truck in mind in case your first choice falls through for any reason. Having more than one choice helps make sure you can start earning money as soon as possible, despite potential setbacks.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You\u2019ll also want to set aside money &#8211; warranty or no warranty &#8211; specifically for truck repairs and maintenance. Having separate funds helps you keep from dipping into your profits and any money you planned to reinvest in the business, whether for additional equipment, additional drivers, or marketing. It also helps to have that extra money in place just in case your warranty doesn\u2019t cover everything you need done at any time.<\/span><\/p>\n<h2><strong>Is an 18-wheeler a Good Investment?<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\"><br \/>\nThe bottom line? Yes, an 18-wheeler truck is a good investment for any trucking business that calls for a big rig, whether you\u2019re looking for a <\/span><span style=\"font-weight: 400;\">truck with a sleeper cab<\/span><span style=\"font-weight: 400;\"> or one with a day cab.\u00a0And\u00a0it\u2019s important that you remember the above tips to ensure that nothing will cause a loss of revenue for your business.<\/span><\/p>\n<p><em>Looking for the best deals on used semi trucks? Visit our <a href=\"https:\/\/www.usedvending.com\/semi-trucks-for-sale\/\">website here<\/a>.<\/em><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Whether you\u2019ve been an owner-operator for some time and are looking to make your first purchase as opposed to simply leasing a truck, or you\u2019re a former fleet driver thinking of starting your own trucking business, you know that buying a semi truck isn\u2019t a decision to be made lightly. [&hellip;]<\/p>\n","protected":false},"author":191,"featured_media":2928,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[102],"tags":[922,103,369],"class_list":["post-2927","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-semi-truck","tag-18-wheeler-truck","tag-semi-truck","tag-semi-truck-tips"],"modified_by":"Titus Asher","_links":{"self":[{"href":"https:\/\/www.usedvending.com\/blog\/wp-json\/wp\/v2\/posts\/2927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.usedvending.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.usedvending.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.usedvending.com\/blog\/wp-json\/wp\/v2\/users\/191"}],"replies":[{"embeddable":true,"href":"https:\/\/www.usedvending.com\/blog\/wp-json\/wp\/v2\/comments?post=2927"}],"version-history":[{"count":3,"href":"https:\/\/www.usedvending.com\/blog\/wp-json\/wp\/v2\/posts\/2927\/revisions"}],"predecessor-version":[{"id":2949,"href":"https:\/\/www.usedvending.com\/blog\/wp-json\/wp\/v2\/posts\/2927\/revisions\/2949"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.usedvending.com\/blog\/wp-json\/wp\/v2\/media\/2928"}],"wp:attachment":[{"href":"https:\/\/www.usedvending.com\/blog\/wp-json\/wp\/v2\/media?parent=2927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.usedvending.com\/blog\/wp-json\/wp\/v2\/categories?post=2927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.usedvending.com\/blog\/wp-json\/wp\/v2\/tags?post=2927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}