Truck Pricing

How to find the Best Commercial Truck Prices


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Finding the best used commercial truck prices may seem like an intimidating task, but all it really requires is a bit of research and some foresight. Here are a few tips you can follow to make sure you get the best value for your money.

Knowing the average price will help you when you’re actually looking at a bargain or if someone is overcharging for a vehicle. There are several sources available to inform you about average commercial truck prices. The more research you do, and the more places you investigate, the more informed you’ll be. The average commercial truck price is the amount you should normally expect to pay for a truck.

Know What You Need

Before anything else, you need to know exactly what you’ll be using the truck for once you get it. In a nutshell, there’s a huge difference between a heavy-duty truck that was made to carry heavy loads and a daily commuter truck. One should not be used to perform the tasks of the other. Knowing what you will be using the truck for will help to narrow your search. It will also give you an initial idea of how much you should budget for your final purchase.

Find a Model That Fits Your Budget

Once you have an idea of what you’ll be using the truck for, find a type that both suits your needs and falls within your budget. If funds are tight, try to be practical about your choices. You are unlikely to be able to find a high-quality, nearly new truck at a rock-bottom price. Knowing what you want and how much you might have to pay for it will prepare you for the actual search for the right truck. This information will also come in handy when the time comes to negotiate a price.

Obtain Financing

Another thing that will be useful when you eventually come to the bargaining table is financing. Some dealers are able to provide you with discounted interest rates if your purchase is financed. Still others may offer to lower the truck price as an incentive for using their own financing companies.

Dealers

You can find a number of places offering commercial trucks for sale. Try auto dealers if you’re seeking a van, although for something more specialized, you’ll need to check companies that deal purely in commercial trucks such as 18 wheeler models. There are plenty of these outlets across all areas of the country.

For a wider range, and to give a better idea of average commercial truck pricing, you can go online and compare the prices from dealers all over the US. All of them have website and you can easily check the prices for different trucks.

Sales Sites

There are also a number of sites that offer people the chance to list and sell their commercial trucks. These can be an excellent resource for those seeking a used truck and the commercial truck prices will usually be lower. The more you know about commercial trucks and the make and model you want, the easier it will be to discover average prices. They’ll be much lower than prices for new trucks but a lot will depend on the age of the vehicle and its condition.

Auction Sites

Although auction sites themselves aren’t concerned with the average pricing for commercial trucks, you’ll be able to gauge prices by keeping an eye on the bids and seeing how much people are willing to pay. In many ways, this offers a more accurate figure since it reflects the amounts that actually changes hands for a commercial truck.

Appraisal Guides

One of the most important sources for obtaining commercial truck prices is the NADA guide. It’s updated every month and covers prices on trucks for the last 10 years. It lists the retail, wholesale, base MSRP and loan price and also covers every other type of commercial vehicle including construction and vocational trucks. There are also used trailer prices along with the estimated new retail pricing on them.

This resource gives you a great deal of information. The NADA guide is available on a yearly subscription and can prove to be an excellent investment for anyone who intends to spend thousands of dollars on a new commercial truck. It plays a similar role to the Kelley Blue Book which is used to give figures on car pricing.

There is also the Truck Blue Book which is essentially complements the NADA guide. It offers VIN identification details on trucks from the last 10 years as well as component specifications as well as the factory retail price and optional equipment. Although not as vital as the NADA guide, it can prove useful and costs about the same as a NADA subscription.

Do Test Drives

When you have found a few trucks you like, take each of them for a test drive. Pay attention to how each truck feels and how well it runs. Above all, take note of any mechanical problems. However, keep in mind that, as with all used products, a few minor issues are normal and should be expected.

Negotiate

When you have finally found the perfect truck, the time comes to negotiate the price. This is where all your previous research really comes in handy. Knowing the truck’s suggested retail price and the prices of comparable trucks, as well as the truck’s actual condition, will let you know what it is actually worth. Begin by naming a bottom price and move up from there, but never hesitate to walk away from a dealer who’s unwilling to negotiate.

As with any large investment, purchasing a business truck can be a daunting task. But it doesn’t have to be that way. Simply being informed about what you need and what you get can help you find the best used commercial truck price.

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