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Buy Trucks in India

When you are contemplating buying a truck, it is but natural that you will check trucks prices in India. However, looking at a new truck price in India may cause you to turn your attention to used trucks. It is important to realise that a new truck has a higher residual value. This means that banks will assume lower risk when determining your assets.

Importance of Trucks

Traditionally, transportation in India has always taken place by road. Trucks are used to send goods, both perishable and non-perishable, from one corner of the country to another. Trucks of different sizes are used to transport liquids, food items, vegetables, fruits and other goods. Invariably, for long distance, producers and manufacturers outsource the transportation part. However, for short distances and within their preferred geographical area, producers prefer having their own trucks, as they can control the distribution and transportation. It is because of this that many believe that if they buy trucks in India that are pre-owned, they will be able to minimise their initial costs as compared to buying a new truck. On the contrary, you will save money if you buy a new truck.

Trucks form the backbone of the Indian goods transportation system and as a businessperson, if you want to buy trucks in India, checking out new trucks should be at the top of your to-do list. Here are some reasons why a new truck is more cost-effective even though truck prices in India can be high for a new truck.

Perform as an Asset

Did you know that if you buy trucks in India, it will cost you less over a period of time as compared to a used truck? This is because the investment in the truck will transform into an asset the moment you purchase it. Since your business makes money from delivery or goods haulage, a new truck will help your business make money and hence, it will perform as an asset.

It is also prudent to remember that a new truck will have superior safety features, aerodynamics and fuel economy as compared to a used truck, and as a result, it will save you money on these aspects during its initial years.

Minimal Maintenance and Repairs

If you find a new truck for sale, grab it! A new truck does not require too much maintenance and repairs, as long as you stay true to the required servicing needs in the first year. You don’t have to spend money to make the truck roadworthy as you would with a used truck. Also, you will spend more on repairs, as older truck components may not be available as new models are brought in.

These costs that used trucks add to the ownership make them expensive to own and operate, and if the truck has to staff off the road for repairs and maintenance, the cost of ownership increases and also your financial liabilities. Hence, truck prices in India may appear high in the first instance, but in the long run, you do save money.

Make the Right Choice

When you are looking for a new truck, always be sure of what you are going to carry or haul. You will then be in a better position to decide the type of truck and capacity you need. If your haulage is not too much, you may not need to check out large truck prices in India. A smaller truck may suffice.

By choosing the right engine and axle ratio, you will end up with a new truck that can help your business earn money and ensure customer satisfaction. So, don’t let truck prices in India dictate your choice.