The growth in delivery, logistics, and supply businesses all over the world, has prompted transportation companies to look at expansion. This needs to be done after considering all the calculations.
A lot of delivery companies look to purchase pre-owned or used commercial vehicles as it is highly beneficial. They pay lower prices, get pre-registered commercial numbers, and can add them to their fleet right away.
In the last few years, almost all data suggest sustained growth in this industry. Many transport companies, operators, and brands are always looking for the best deals on pre-owned as well as used commercial vehicles.
In this resource article, we are going to help such businesses by listing down seven important things that they need to check.
Purchase a used commercial vehicle from Think One if you are looking for the best deals, finance options, and post-sales support.
List of 7 Things to Check when Purchasing a Commercial Vehicle for your Business
The Accidental History of the Vehicle-
You do not want to be purchasing a vehicle that has an accidental history. Commercial vehicles that have been restored post an accident are always a liability. Changing parts, beating the suspension back into place is something you would want to avoid. Check the complete history of the pre-owned commercial vehicle before you make a final selection.
The Engine Condition and Miles on the Vehicle-
Every engine is made to last for a specified timeframe. In the case of commercial vehicles that lifespan is always greater than private use vehicles. You should look at going for pre-owned commercial vehicles that have the lowest possible miles on them. This means that you will be able to use them for the foreseeable future. The lower the miles, the better is the engine health.
The Dealership you are purchasing the Vehicle from-
Good dealerships that sell or lease pre-owned commercial vehicles always do a thorough inspection check. They also offer a ton of post-sales services and support. On the other hand, dealerships that are just looking to reduce their inventory might sell you something that is not credible and will not last for the near future. Look at reviews and ratings of the dealership.
Explore the Buying Options of the Commercial Vehicle-
Many businesses might tend to favor easy EMI options or long leases as it suits their business purpose. The dealership needs to have all options available that can bring you the best possible solutions in terms of outright buying, financing, or leasing. Choose an option where you will feel the least stressed. This will allow you to concentrate more on the business at hand.
Emission, Safety, and Lifespan Regulations of the Vehicle-
Most governments of the world are coming down strictly in terms of enforcing the regulations. If you end up buying a pre-owned commercial vehicle that has expired emission norms, you will be penalized heavily. The same goes for safety regulations as well. This is why it is essential that you double-check all these things with the dealership before the purchase.
Maintenance, Running, and Service Requirements of the Vehicle-
Delivery and transportation businesses should go for vehicles that require as little maintenance and incur paltry service costs. The higher the maintenance and service costs, the more it will eat into your profits. Additionally, it would also mean frequent breakdowns, leading to loss of working hours, delayed shipments, and more. Low-maintenance vehicles should be a priority.
Opting for Warranty or a Guarantee from the Dealership-
Here again, it is the quality of the dealership that will ensure whether you get a warranty on your pre-owned commercial vehicle or not. If you are not getting an assurance, it means that the dealership is not confident about the abilities of the vehicle in question. If you do get a warranty, you can enjoy peace of mind, knowing that service and repair costs will be taken care of.
The Bottom Line
By paying attention to the above-mentioned seven critical areas, logistics businesses can ensure that they are getting the best pre-owned commercial vehicles. Having a great vehicle can prove to be an asset to your business. It can help you improve turnaround times, provide a stellar customer experience and help build your brand as a credible one.
If you would like us to address any more facets about pre-owned commercial vehicles, whether it is insurance, financing, or research, let us know in the comments section below. We will be more than happy to help you out.