Home > Tools > News > Is This A Good Time To Buy A Truck? Consider These Factors Before Putting Money Down
Dec 20, 2024 at 01:16 PM CST
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“Is this a good time to buy a truck?” It’s a question heard often in the industry, and the answer is usually the same: “Maybe … but then again, maybe not.” This is obviously not a very satisfactory answer, but the truth is that whether you’re thinking about adding another truck to a small fleet or buying your first truck and striking out as an owner-operator, there are numerous factors to take into consideration. Consider capacity and rates. When it comes to the freight market, capacity rules. Capacity, or the number of trucks available to haul freight, is the “supply” side of the supply / demand equation. |