Ottawa Yard Trucks | Buying New vs. Buying Refurbished
Posted by Donald Robinson
Jun 23, 2016 10:54:10 AM
If your company relies on yard trucks to get the job done, you know the struggle of having to decide what to do when one of your trucks breaks down. Should you go all in and replace it with a brand new model? Is buying a refurbished yard truck the right decision? Or maybe renting or leasing for a period of time would be best for your situation. In this two-part blog series, we're going to break down the advantages and disadvantages of each of these scenarios.
Today's post highlights some key features of buying a new yard truck vs. buying a refurbished truck.
Advantages of Buying a New Yard Truck
When you buy a brand new truck, you are investing in state-of-the-art technology. You will be ahead of the industry and have full advantage of all of the upgrades that have been added since the last model. Your drivers will feel proud to operate a brand new truck and might, in turn, be more cautious with it. Buying new can also be an economically responsible choice since the latest model will have the newest emissions control technology. If you have the money to do it, buying a new truck can be a great investment.
Advantages of Buying a Refurbished Yard Truck
We have written before about the advantages of a good refurb. By purchasing a refurbished yard truck or refurbishing your own, you could save up to a third to a half of the price of a brand new truck! Refurbished trucks look like new ones, and can provide you with another decade of quality service while saving you money. On top of that, refurbishing a yard truck is economically responsible. You will even be able to keep within the regulations for the vehicle without having to worry about the regulations that apply only to new engines. By revamping your yard truck, you are using the resources to their full potential. Choosing to refurbish your truck is choosing to go light on your pockets as well as your ecological footprint.
Disadvantages of Buying New
The most obvious disadvantage of buying a new truck is the cost. New Ottawas will have additional maintenance requirements as well, which will cost more money. Another problem with buying the latest technology is that it will soon be replaced by the up and coming model. The value of your yard truck will depreciate over time, so you really need to do some research and weigh the options to see if buying a brand new Ottawa is right for you.
Disadvantages of Buying Refurbished
The disadvantages of refurbishing a truck are the same as the advantages that you get when buying new: cutting edge technology and a brand new machine. Choosing to refurbish instead of buying a new truck is basically a compromise. Spending what you can and still getting a quality product, while sacrificing the latest features.
We hope this post helped you weigh the pros and cons of buying a brand new yard truck vs. buying a refurbished one. Check back next week as we dive into the advantages and disadvantages of renting and leasing an Ottawa Yard Truck.
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