The Used Truck Buyers Guide

So You're Looking for a Used Truck...

Purchasing a used truck is the perfect solution for those of you who are first-time buyers, have decent credit, and/or want to test the waters as an owner without being nailed to a strenuous, long-term payment plan. Used trucks are appropriate for any and all distances and hauling needs depending on the model you choose, and can perform just as well as a new truck (without the higher price tag)!

Where to Start

The first question you might ask yourself is, “what kind of truck do I need?” This, of course, depends on what type of work you’ll be using it for. It can be helpful to make a short list of your requirements before beginning the truck buying process. Important questions to consider are:

• What are you hauling?
• What lengths of distances will you usually be traveling?
• What is your budget?

After deciding what kind of truck will be best suited for your needs, it’s time to check it out in person. According to John Cummings, a used trucks salesman at the Kenworth of Indianapolis dealership, there are four important questions to ask when you are interested in a used truck:

• What kinds of problems has the truck had in the past?
• When and how often has the truck been repaired?
• How did the previous owner maintain it (inside and out)?
• When was the last time the DPF (diesel particulate filter) was checked?

Along with these questions, you should ask to obtain a copy of the maintenance records. These records will allow you to see what kinds of issues the truck has had over time. You can also check to make sure the truck has received regular tune-ups, including oil changes. Irregular oil changes can indicate future engine problems. Another important question to ask is which parts have been replaced and which parts haven’t been replaced, but will need to be soon. If multiple parts haven’t been replaced in a long time, this would mean you will have to replace them which will add to your overall investment. However, if a lot of the parts have been replaced, this could increase the overall value of your investment. Your maintenance records will also show the truck’s accident history—what kinds of collisions the truck was involved in, how extensive the damage was, what parts were replaced after the collision, etc. Lastly, you should ask about the truck’s mileage and the tires. Truck mileage is important because it will allow you to estimate when an engine rebuild will be necessary. Information about the tires is helpful—particularly how many miles are on the current tires—because it will also allow you to estimate when they will need replaced.

Outside of asking for this information, you also need to do your own research. It’s helpful to research the particular engine and see what its history is. There are certain engines that aren’t as reliable and/or sturdy as others. Also, do your own outside inspection of the truck, outdoors and in daylight to ensure you’re getting the big picture. Check for body rust and raised spots on the paint, as well as body damage. Don’t forget to inspect the inside as well, especially if it’s a sleeper.

Planning for the Future

Now that you’ve decided on the truck you’ll need, there are a few steps you should take to prepare for your new purchase. It is crucial that your personal financial situation is solid before you even finalize the purchase. It takes a bit of time before payments start withdrawing from your bank account and you don’t want to be caught off-guard when that happens. You should also create a budget for yourself for potential repairs, upgrades, and other expenses. Make sure to research your insurance plan options. Know that the rates will vary and you should not only consider price, but also coverage. Finding reliable truck service and truck part suppliers is also very important. Lastly, according to Smart Trucking, you need to inquire about extended warranty options. Be prepared financially because it can be costly and remember that extended warranty does not pay for downtime, only repairs.

Buyer Beware

Overall, it is up to you to do your due diligence to make sure you do not regret your investment.  When trying to decide if the investment is worth it, refer back to the list you made of your requirements and see if most of them check off. Depending on your use for the truck and your financial situation, it might be appropriate to walk away from a sale until you find the perfect fit for you.