Truck Buying Guide | Western Truck Exchange (2024)

Buy New or Used Truck

Truck Buying Guide | Western Truck Exchange (1)

The truth is, a used truck is not for everyone. A new truck generally costs less to operate and maintain. The rule of thumb is "If you drive more than 25,000 miles a year and will need a truck for at least 5 years, buy new".

A used truck on the other hand can be the best & most cost effective solution in a variety of situations. A quality 4 to 5 year old truck will typically cost 40 to 60 percent less than when it was new. Also Physical Damage Insurance premiums ans taxes are likely to be lower as well.

If you are not sure for how long you will need to keep the truck, a used truck may save you money. It will not substantially depreciate in value and you can sell it for almost what you paid for it.

Warranty on most new trucks runs about 2 to 3 years. Extended warranty can also be purchased which covers all major components. Warranty repairs are available on any of the truck manufacturer's dealer nationwide.

If provided, the most common warranty in the used truck market is a 30-day limited coverage on the drive-train. Any repair cost incurred during the first 30 days may be split between you and the dealer and the repairs must be performed at the dealer's location.

What Do I Haul

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If you are hauling bulky items such as furniture or light boxes, the volume of the truck is most important. For heavy items such as freight or steel, the key factor is weight capacity.

All trucks are built to handle a certain amount of maximum weight. if a truck has plenty of volume for your product but weight capacity that is too low, you may wear the engine out and also run the risk of operating it illegally. On the other hand, using a truck with a high weight capacity to carry a light load wastes fuel and money.

Select a truck with the proper GVWR (Gross Vehicle Weight Rating). Choose the rating to meet driver licensing requirements and load needs.

If you are shipping refrigerated goods, look for truck with the correct cooling unit and insulation for your product. A cooling unit with an electric standby would let you connect the unit to an outlet for power during stop-overs and save fuel. For refrigerated goods, corrugated aluminum floors allow better air flow.

How Do You Pick-Up & Deliver

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For city driving, consider a truck with a smaller turning radius so the driver can negotiate sharp turns. A truck with a cab-over design will turn most sharply.

You may consider an automatic transmission. They are now more desirable than manual shift type.

If you plan to pick up goods at street level, consider buying a truck with a lift gate. Adding one later can also be done. If you load and unload curbside on city streets, your truck should have a side door.

If you load and unload with a forklift, keep in mind your loading dock height and interior clearance requirements. You should also verify that cross member spacing and floor strength is adequate to support a loaded forklift. Scuff liners will help protect the side walls of the truck body from damage.

Buy Gar or Diesel

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If you expect to log more than 15,000 miles a year, you should consider a truck with diesel engine. A diesel engine has 1/3 the moving parts of a gas engine and used half the fuel.

For less than 15,000 miles a year, a truck with gas engine may be more appropriate as the purchase price is usually less than that of truck with diesel engine.

Legal Requirements

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In California any truck with a GVWR of more than 26,000 lbs requires the driver to have a Commercial Driver License (CDL). This also requires a physical exam and a drug test.

All commercial vehicles must also pass annual D.O.T. inspections. California has recently passed new emission laws for diesel trucks and refrigerated trucks. For more information about these laws click here.

All operators of commercial vehicles must have proper insurance coverage at all times. If you plan to finance your truck purchase you must have proof of insurance before taking delivery of the truck.

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Truck Buying Guide | Western Truck Exchange (2024)

FAQs

When should I buy a new truck? ›

It's close to the end of the year, and dealerships have an increased incentive to move current models off the lot to make room for new inventory. May through September: You might find better deals when you shop for a car or truck between May and September.

What are trucks used for? ›

truck, also called lorry, any motor vehicle designed to carry freight or goods or to perform special services such as fire fighting. The truck was derived from horse-driven wagon technology, and some of the pioneer manufacturers came from the wagon business.

Should I wait till 2023 to buy a new truck? ›

According to industry analysts from Cox Automotive and J.D. Power, some automotive market conditions are likely to improve in 2023, but perhaps not enough to trigger radical change. "We certainly do expect the market to get better than it's been," says Tyson Jominy, vice president of data and analytics at J.D. Power.

Is it a good time to buy a truck right now 2023? ›

The best times to buy a truck are Labor Day, Labor Day Weekend, Memorial Day, Memorial Day Weekend, last week of December, last week of June, last week of March, last week of September, and all of December. The next best time to buy trucks is during last week of September on Sunday, September 24th.

Do truck owners use their trucks? ›

Truck drivers use their trucks very much like other car owners: for commuting to and from work, presumably alone. The thing that most distinguishes truck owners from those of other vehicles is their sheer love of driving.

What's the difference between a truck and a pickup truck? ›

A truck refers to a heavy-duty work vehicle used to haul or tow material. While pickups are utilitarian vehicles that come with a bed attached. They are more suitable for domestic work and used for towing daily supplies. Both have a bed to store material or transport it.

What does it mean to have no truck with someone? ›

If you say that you will have no truck with someone or something, you are refusing to be involved with them in any way. He would have no truck with deceit. As an American, she had no truck with the painful formality of English life.

Should I buy a truck at the end of the year? ›

End of the calendar year

You should look for a vehicle from the outgoing model year that has generous incentives. According to Edmunds data, December has the year's highest discount off MSRP — 6.1% on average — and the highest incentives. Automakers and dealerships want to close the year with strong sales.

How many miles is good to buy a truck? ›

For used trucks with gas engines, try to keep the mileage under 100,000 miles. Used trucks with a diesel engine can go a good deal further since diesel engines are easier to maintain than gasoline. 200,000 miles in a diesel engine is about the same wear and tear as 100,000 is for gas.

How often should I change my truck? ›

When you own a vehicle, it's often difficult to know when it's time to replace it. Many car owners make the mistake of assuming that they need to replace their vehicles every few years. The average age of a vehicle on the road is about 11 years, but most drivers keep a car for about six years.

Is buying a 10 year old truck worth it? ›

Cars over 10 years old can still be reliable. Most vehicles can last well over a decade with proper care and maintenance. In fact, the average car on U.S. roads is now 12.5 years old, according to a study from S&P Global Mobility. Furthermore, a car doesn't really stop depreciating until it hits that 10-year mark.

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