Purchasing and maintaining a business fleet is often one of the biggest items on your budget. Fleet expenses add to your operational costs in many ways. When purchasing a fleet or commercial truck, it is important to consider the costs over time, not just the purchase price. Here are a few considerations to help you make the right decision.
What type of Truck Do You Need?
The first decision that you need to make is what size and type of truck that you need. It can be tempting to get the biggest one that you can afford. However, bigger trucks cost more initially, and they are more expensive to operate in the long term. You do not want a truck that is too small, but you have to consider both the short and long-term expenses of a bigger truck.
Should You Buy Used?
It might be tempting to consider a used truck because of the initial purchase price, but this is not always a good choice. On average, class 7 trucks have an average life of around 600,000-700,000 miles, while some class 8 trucks can go over a million miles.
Buying a used truck that is at the end of its life has several disadvantages. The closer the truck is to the end of its lifespan, the more you can expect to pay for repairs. A broken truck is not making you money; it is draining your budget quickly.
Cost of Ownership Over Time
Of course, some trucks have a reputation for a longer life than others. For instance, a Cascadia Evolution Freightliner is known for its durability and long life. This means that it costs less the longer you own the vehicle. The costs average out over the life of the truck. Expenses, such as maintenance and repairs, can add up quickly. It is important to do some research and buy a brand that has a good reputation.
Other Things to Consider
Buying the right truck is not all about the cost of ownership. The average trucker spends over 100 hours behind the wheel of their truck. Things like comfort and connectivity become more important on the long haul. A comfortable cab means less driver fatigue and strain. This means a lower likelihood of an accident.
Buying the right truck means more than considering the initial cost of the purchase. It is important to consider the costs of the truck over time. For truckers, a few extra comforts can be considered a necessity, not an option. This is the best way to ensure a long life and lower cost over time for your fleet vehicle.
Brooke Chaplan is a freelance writer and blogger. She lives and works out of her home in Los Lunas, New Mexico. She recommends looking into Cascadia Evolution trucks. She loves the outdoors and spends most of her time hiking, biking, and gardening. For more information, contact Brooke via Facebook at facebook.com/brooke.chaplan or Twitter @BrookeChaplan