
This article originally appeared at FreightlinerTrucks.com – link at the bottom.
Temptation is defined as the desire to perform an action that one may enjoy immediately, or in the short term, but will probably later regret for various reasons. The temptation can be strong to keep rebuilding your truck. It definitely has advantages in the short term, but if you are sticking with a career in the trucking industry for the long haul, it may not be worth the cost to keep rebuilding. Here are some tips you can use to analyze whether or not it’s time to invest in a new truck.
[dropcap style=”inverted”]1. [/dropcap]Maintenance – How much are you spending in maintenance for your current truck? If you are spending more than .13-.14 cents per mile, then you are spending too much on a truck with too many problems. In the example below, the driver would have saved $100 a month if he bought a new truck and increased the cost of his truck payment, but lowered the cost of maintenance.
Still tempted to keep rebuilding? Use the web to find a reputable business consultant who can give expert advice. If they truly understand the trucking industry, they can help you create your own individual payment and maintenance cost analysis to determine when it is beneficial for you to upgrade your truck. Link to article.