4 Factors to Consider about a Towing Truck for Sale

The tow truck industry is a highly specialized one, and has grown exponentially in the last 20 years. It can also be quite a profitable business, and many individuals have chosen to open their own two truck companies as a result. The initial start-up expenses can be high, and as vehicle purchases are one of the primary expenses, there are some factors that every potential owner should consider before buying a towing truck for sale.

Price

One of the major factors when considering a towing truck for sale is the vehicle’s price. These trucks can be quite expensive, particularly when purchased new, and the potential buyer must also factor in the cost of insurance, as well as the finance charges, as most buyers cannot afford a cash outlay for such a large amount of money. Many owners find that used tow trucks are often the best way to save as much as several thousand dollars. Additionally the potential buyer can consider the savings over the immediate depreciation of a new truck.

Specifications

There are many places, both online and offline, to find a towing truck for sale, and comparison shopping is made simple on many of the selling companies’ websites. However, these trucks have a wide range of variety when it comes to features and types. The first thing a potential buyer must consider is the actual purpose they have in mind for the vehicle. Recovery scenarios may require heavier trucks with more equipment than those trucks that will be performing basic road service and repair shop tows. The buyer must consider the type of truck for their individual needs.

Financing

Another serious issue to consider, the financing of these trucks can require several choices. Potential buyers usually have the option to purchase or lease their tow trucks, and the terms for both of these choices can vary according to the sales facility and the financial institution. Some sales facilities will finance the vehicle on-site, but the terms for this may mean the buyer will end up paying more for the truck than if it was financed through a bank or other more traditional means of financing. Leases are often done on-site as well, but the buyer should remember to carefully review all the terms and conditions of any lease or financing agreements.

Warranties and Service

Many selling companies will offer warranties, and even extended warranties on both new and used tow trucks. These can vary widely throughout the industry, although some standards do apply, such as a tow truck chassis manufacturer’s warranty, and a one-year body manufacturer’s warranty. Many sellers also offer service plans for repair and maintenance on new trucks, and some offer limited service and repair options on used trucks as well. These plans may be included with the cost of the vehicle, or there may be an extra fee for them. Some are free in the beginning, but charges may apply after a certain specified period of time.

Overall, buying a towing truck can be expensive, but are an essential investment in equipment for a towing company owner. When purchasing one of these vehicles, a buyer should be proactive in exploring different types of financing. They should also make sure that vehicles will be covered if repairs are needed, so that their livelihoods are not sitting idle in case of breakdowns.

Tow Trucks – Four Easy Customer Service Tips

Either you are looking for tow trucks for operating a business or you are looking for being served, there are a few things that will help you to protect your vehicle if yours is the one being towed or will help you to provide an excellent service so you can have more customers and establish a long term relationship with them.

If you are the customer make sure you request and check references from previous customers, before hiring the services of a towing company just because they have nice and new trucks.

Remember: it is not hiring a company with a bunch of tow trucks, is dealing with professionals and experienced staff what will protect you.

Below, I’m going to tell you some quick things to consider:

1) Make sure every precaution is taken to guarantee that your customer vehicle is safely and securely strapped before it is transported. If it is not, the being towed car could detach and move causing scratches to the body.

If you are requesting a towing service hire companies with tow trucks that are properly equipped and will not cause damage to your vehicles, this is very important because usually, it is in a moment of emergency when we hire a towing service and we tend to overlook these details, make sure you hire professional and experienced companies.

Make sure you hire a company with good record in providing damage-free towing service.

2) Make sure the proper tools will be used; hey notice I’m telling you “will be” and not “are used”. What I mean by that is check in advance the tools that will be used are properly designed for the task.

For example, did you know there are special and professional car opening tools that should be in any tow trucks or at least available when required? The time for the “screw driver” guy unlocking your car is gone.

It does not necessarily have to be a company with new trucks, it could be a company with well used trucks, but the important is their equipment.

3) If you are operating a towing service company make sure you arrive on time when requested a service, there is nothing more frustrating for a person in need, than waiting for the service and seeing tow trucks passing by and being asked whether he or she (the customer) needs help (which obviously is the case), but the customer is just waiting for the “trusted towing company”.

I honestly doubt this person will call the same tow trucks operators again.

4) Charge exactly the quoted amount. It is amazing the huge amount of comments and complains from unsatisfied customers about being charged “more” that originally quoted for a towing service.

If you treat your customer just thinking in how much money they will provide you, I advise just go and put up your trucks for sale, because again: the business is not about having “a bunch of tow trucks” but the business is about “the service you will provide to your customers”. Make sure you charge exactly the amount quoted not more.

On the other hand as a customer, review what you’re being charged for and understand well the implications and scope of the service you will receive. Use your most valuable tool: “Ask questions!”. If you do not understand something simply ask.

Article by Towing Service Englewood, CO