People & Lifestyle
Prime Mover Purchase: What Every Buyer Should Know
Truck drivers know the challenges that come with employment in this industry. One of the most important decisions a person will make is which truck to purchase. This truck serves as the backbone of their company, so the right choice must be made. The following tips will help when the time comes to make this investment.
The Purpose
Any person interested in a prime mover must know what they will use the truck for. Some trucks will be used to move households and offices, while others are intended for use on construction sites. Knowing the purpose of the purchase will help narrow the choices regarding the cab configuration, the number of axles, and whether the axles are driven or steerers. In addition, the buyer must choose a brand to buy, as this plays a role in service options. Finally, the purpose determines the power needed to haul loads. A driver doesn’t want a vehicle with excessive power, as this vehicle will require more fuel.
Gross Vehicle Weight Rating
Buyers must also know the weight they will be carrying to ensure the selected prime mover can handle the load. The manufacturer or distributor determines the gross vehicle weight rating (GVWR) or maximum operating weight. This figure includes the weight of all the truck’s parts and the driver. When the weight of the parts, the driver, and the load are calculated, the resulting figure cannot exceed the GVWR. If it does, the vehicle will not operate as expected, putting the driver, the truck, and the load at risk. Furthermore, exceeding the GVWR will lead to excessive wear and tear on the vehicle.
Research Brands and Models
Once the purpose has been determined, research different brands and models to determine which features are needed. Learn the specifications of each model and see what current and previous owners have to say about them. They have a unique perspective because they have been behind the wheel and driven the vehicle under various conditions. This information cannot be obtained by reading material from the manufacturer or a truck dealer.
Budget and Financing
When the list of possible trucks to purchase has been narrowed, it’s time to set a budget. Many people do so before researching different makes and models, only to learn that their ballpark figure was way off. How can a person know the cost of a truck without doing this research? When the budget has been set, it’s time to consider financing. Some people pay cash for the vehicle, but most buyers choose to finance the prime mover. Tax and cashflow advantages should be considered when deciding whether to pay cash or finance the truck.
Where to Buy?
Buyers may purchase a prime mover through a private seller, a dealership, or an auction. Private sellers are often more willing to negotiate, as they don’t have overhead. However, there is limited recourse if the truck has a problem immediately following the sale. A private seller also can’t help with financing or servicing the prime mover. Only those with mechanical knowledge should buy a prime mover from an auction because these vehicles come as-is.
A prime mover is a significant financial investment. Buyers should never rush into the process or buy a mover on a whim. Taking time to carry out these steps increases the odds of a successful purchase.