We all want to get maximum value out of our used assets, but it’s difficult to know where you stand, especially if your truck is a non-runner, has been damaged, or is otherwise faulty. Valuing any lorry, tractor unit or semi-trailer correctly depends on various factors, such as the make and model of your truck, its age, and its condition. Truck valuations will also consider the current market value of similar vehicles.
The pitfalls of selling a damaged truck privately
If you’re hoping to sell your truck privately, then it’s likely that you’ll need to invest in some repairs first. Otherwise, it could be listed on a marketplace website for months with tyre kickers draining your time, money and energy. However, selling privately comes with many risks, not just to you, the seller, but the buyer. For example, when you sell a rigid truck on eBay or a truck auction website, the process tends to be smoother when the buyer can test drive the vehicle. Still, when there’s no warranty or perhaps a few issues, you’ll be quick to deter potential customers. Having a rigid lorry, tractor unit, or semi-trailer collecting dust at your site when it’s surplus to requirements can be costly, so it’s essential to be as proactive as possible.
What is the extent of the damage?
The first thing you need to do is establish what is wrong with the truck, and at least then, you can consider whether it’s worth repairing. If the engine has seized, then this may be an expensive fix. However, if the damage is purely cosmetic, such as a few scrapes down the side, this will have less impact on the value. It is essential to establish how much it would cost to repair your truck before listing it for sale. Otherwise, you could find yourself in a situation where you’re selling at a loss or buyers are constantly haggling over price.
Research the market value of your truck
You can look for similar trucks listed online, but it’s best to request a valuation from experts for the most accurate quote. Our experts are on hand to provide you with a precise quote for your vehicle. As an experienced truck trader, we understand that time is of the essence when you’re looking to sell a non-runner or damaged lorry.
Will you buy my truck?
At Truck Trading, the process is simpler and more efficient. We’ll offer a competitive price, but we’ll also take your lorry, tractor unit, or semi-trailer off your hands quickly and easily, arranging a same-day payment and timely collection. Plus, you won’t have to worry about legalities as we take care of all paperwork for you. As you can see, options are available if you want to sell a non-running, damaged or faulty truck or a trailer that needs updating. You only have to look at our Google reviews to see that we genuinely buy all types, with a smooth and hassle-free service from quote to collection!