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RESALE VALUE

One other purchase consideration when deciding upon a light duty or medium duty wrecker is resale value. Whether purchasing a new or used one, it is advisable to determine the vehicle’s current and future worth. The market and auction statistics show that dieselpowered light and medium trucks tend to have a better resale value than light and medium gasolinepowered trucks.

Residual value, along with the current condition of the vehicle, engine, transmission, drivetrain, equipment, special features and mileage all combine to determine a wrecker’s resale value. When a wrecker is built to perform its intended job function at optimal performance and is spec’d for reliability, fuel economy and driving experience, there will always be a demand and a market for resale. Use the Internet to search for

reputable truck purchasing and selling guide websites. Visit wrecker advertising websites to determine how other individuals or companies are pricing comparable trucks.

When a wrecker is

built to perform

its intended job function at optimal performance and is spec’d for reliability,

fuel economy and driving experience, there will always be a demand and a

market for resale. There are two things to do to increase the resale value of a wrecker: 1.Maintain the interior and exterior. As the saying goes: eye appeal is buy appeal. First impressions matter. Before putting the wrecker up for sale, take care of any scratches, dings, dents and any other exterior deficiencies that could reduce resale value. Give the wrecker a good wash and wax. 2. Have the wrecker’s past service and repair records available. This documentation serves as proof that the truck was properly maintained, plus it will give the buyer peace of mind. Well-maintained vehicles hold their value on the resale market better than ones that have spotty or no maintenance history. 24 • June 2021 | Towman.com

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American Towman Magazine - June 2021  

American Towman Magazine - June 2021  

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