How To Sell Your Semi Truck | Big Rigs
A big rig sale doesn’t have to be difficult, but there are a few options to consider. In the past, most people sold their cars and trucks by parking them at a busy intersection, but nowadays, buyers want more information about the truck and the seller.
Cons
Auction houses have stepped up their game, making selling an attractive alternative to liquidating assets, and Ritchie Brothers takes care of the legwork, including listing, auction promotion, and day-of-auction activities.
Pros
Trucks can sell for $10,000, $20,000, or even $30,000 more than the retail price, with far less risk than selling privately, and most auctions handle the transaction so you don’t have to chase down your money.
Cons
When calculating the cost of taking your truck to auction, remember to factor in the time spent getting units to the auction (as well as bringing them home). There will be fees, some of which are reasonable, but others of which can be quite high. If you need cash quickly, this may be a riskier option.
Pros
A classified ad in a magazine or on a website can cost a lot of money, but if you post an ad online, you can choose when, where, and how long it runs, which can help you reach your target audience and maximize your budget.
Cons
Craigslist is a good place to sell a semi truck, commercial truck, tractor, and other large vehicles. Make sure you have a detailed description of your big rig and categorize it correctly, and carefully review each ad before posting to ensure it does not misrepresent your sale.
Pros
It’s a free option, so all you have to do is post it and wait for inquiries; if you price your truck correctly, your phone will start ringing soon after you post it on Craigslist, and you can choose to keep your contact information private.
Cons
Dealers are experts at appraising, refurbishing, and selling used trucks, and they know exactly what they’re looking for and what will sell the quickest on the market. Be cautious of any transactions you conduct online, and meet in person whenever possible. Craigslist users are notorious for failing to show up for appointments.
Pros
A good dealer will come to your location to appraise your truck at your convenience. Charter Truck Sales write checks and/or wire money quickly, so it can be a quick transaction with no follow-up hassles.
Cons
Dealers spend a lot of money repairing and refurbishing trucks before they put them on the market, so going through a reputable dealer can save you a lot of legwork, time, money, and energy. Think about what you want to sell and what is most valuable to you.
Where is the best place to sell a semi truck?
Craigslist is a good place to sell a semi truck, commercial truck, tractor, and other items because there is no cost to private party sellers and Craigslist can produce results.
How much are tractor trailers worth?
It’s also no surprise that trucking costs are high these days, given that the average cost of a new tractor-trailer is now estimated to be between $140,000 and $175,000, according to Frost and Sullivan data u2013 anywhere from $110,000 to $125,000 for a new tractor and $30,000 to $50,000 for a new trailer.
How much can you sell a semi truck for?
Heavy-duty semi trucks typically sell for $30,000 to $80,000, but a brand-new truck with low mileage could fetch $100,000. For example, a 2011 Peterbuilt 348 with 500 miles and 330 horsepower would likely fetch $95,000 to $100,000.
How many miles is too much for a semi truck?
A semi will last 750,000 to 1,000,000 miles, according to Commerce Express, and the average truck driver drives about 45,000 miles per year.
How do I sell my work truck?
4 Ways To Get Your Work Truck Sold
- Auction.
- Paid Listings.
- Free Listings.
- View Online Dealer Inventory.
- The majority of commercial truck dealers focus on selling new commercial trucks, and their inventory reflects that, with little, if any, used commercial trucks.
How much does it cost to advertise on truck paper?
A truck-side ad costs about $3,000 to $5,000 to design and produce, and renting space on the side of a truck or trailer costs about $2,000 to $3,000 per month.
Is buying an 18 wheeler a good investment?
Buying an 18-wheeler, like any large purchase, can be a good investment if you do your homework ahead of time to ensure you’re making the best financial decision for your company.
How many miles can a tractor trailer last?
While these vehicles are more than capable of meeting the needs of the average commuter or family, they cannot withstand a lot of wear and tear. A semi truck, on the other hand, can travel up to 750,000 miles u2013 and some have traveled over a million miles!
What is the most expensive semi truck?
The Mack Super-Liner is a custom creation built by Mack Trucks for Sultan Ibrahim Ismail of the Malaysian state of Johor, who requires a royal rig to tow his speedboat. It reportedly cost more than $1 million, shattering the previous record of around $350,000.
Can you make money owning a semi truck?
The trucking business can be extremely profitable, but it is also extremely competitive; many truckers attempt to enter the industry each year and fail. Knowing how to run and grow a trucking business requires more than just knowing how to drive a truck or choose a route.
What is the best semi truck?
Truck Drivers’ Top 5 Semi Trucks
- Peterbilt. Open roads ahead of you, a powerful rig beneath you, and a classic look that you can’t beat: that is the legacy of a Peterbilt.
- Kenworth.
- Volvo.
- International.
What is the most reliable semi truck?
Peterbilt. Known for being rugged and one of the most reliable semi truck brands in the United States, Peterbilt is another very popular semi truck brand in the United States. The Peterbilt brand is owned by PACCAR and offers the most alternative fuel options on the market.
What is the average life of a semi truck?
Semi trucks have an average lifespan of about 10-15 years, but this varies greatly depending on maintenance standards, the type of freight hauled (80,000 pounds and city driving vs. lightweight long hauls), and driver performance.
How many miles can a Peterbilt last?
With proper maintenance, a truck can travel 15 million miles.