Truck Dealers in the Philippines: The Ultimate Guide to Buying Used Rigs

September 26, 2016 | Comment

How to Make Sure That You Get the Best Deal for Your Investment

Opting for a used truck or any heavy duty rig is a reasonable investment for those who are looking to save money on hauling and construction equipment. These are quite expensive brand new, so it’s not uncommon for private contractors and small companies to buy secondhand equipment instead of going all out with a mint condition fleet.

Heavy Truck

Truck drivers looking to own and operate their own hauler instead of driving for someone else should probably go for a secondhand unit as an initial investment. But how do you make sure that you get the best deal possible? How do you make sure that the used truck you are planning on buying won’t give you problems later on that will cost you more than the price of a brand new rig? How do you choose the right secondhand truck worth investing in?

There are plenty of truck dealers in the Philippines that sell used trucks in great running condition. Many of these rigs still have several years left in them, and they could provide the perfect investment opportunity for those with limited budget. But there are secondhand trucks as well that are a few hundred kilometers away from ending up in a junkyard. Below are several solid tips you can try to help you find the best deal and the perfect rig to invest in.

Searching for the Right Truck Dealers in the Philippines and Snagging a Great Deal

  1. Make some calls and do some research.

It goes without saying that the first thing you need to do when you’re in the market for a used heavy duty truck is to find the right dealership or individual seller, if you’re comfortable buying directly from the original owner. The important thing here is to gather as much information possible. Check your local paper for the classifieds, search the Internet, and make a few phone calls to your local dealerships to see what they have in store. Make a list of your top five prospects and start communicating with the seller.

  1. Ask the difficult questions.

Once you have your top five prospects, start contacting them and initiate the process of trying to get a good deal. If you’re talking to an individual seller, ask the crucial question that is on every secondhand equipment buyer’s mind: why is he/she selling? In some cases, the individual may be selling because he/she wants an upgrade on his/her equipment. However, the most common answer would be there’s something wrong with the truck.

If you get the latter, your next priority is to determine whether the issue with the equipment is rectifiable or not. Can it be easily fixed at little to no cost? It is okay to buy a truck with a few fixable problems, as long as it is priced reasonably and the issues bugging it won’t leave you spending more than the whole thing is worth. This is why it is important not to hesitate asking the important questions, so you will get a better picture, an idea, of the truck’s current condition and if it’s still worth investing in.

  1. Ask for the truck’s service records or maintenance logs.

A used equipment with a complete service record means it is well taken care of by the previous owner. The service logs can tell you a lot about the truck’s current condition, which parts have been serviced and replaced, and which ones are still original. Oftentimes, a complete service record can give you a good overview of the vehicle’s performance and whether potential problems could occur later on. You may also want to verify the truck’s VN number with the one listed on the records to make sure that you have the right documentation. These records will support whatever the seller’s answers to your initial questions.

Heavy Truck Spare Parts

  1. Make sure to confirm the availability of replacement parts.

The few remaining original parts of the truck may need replacing, depending on how worn out or old they are. So make sure that there are plenty of replacement parts available in your locale before you consider buying the vehicle. If you can’t find at least a couple of suppliers in your area that carry those parts, you may want to consider looking for other options. Otherwise, you could end up with a broken truck with no way to fix it. And if you do find a way of fixing the problem, it may cost you a lot more money than you bargained for.

  1. Inquire about financing options.

If you’re buying from a dealership, which is the better option if you’re strapped for cash, you should make it a point to inquire about your options as far as financing is concerned. Most reputable dealerships will provide a variety of financing and warranty options, even on used equipment. It’s prudent to ask for limited warranty, if you can’t get an extended one, so if the truck breaks down after you’ve just purchased it, you will be covered for the repair and parts replacement expenses.

Points of Interest When Inspecting a Used Truck for Sale

When you’re checking out a used truck you’re interested in, it’s best to bring an experienced truck mechanic with you to help spot potential problems with the vehicle. The key points of interest when inspecting the rig are as follows:

  • Engine condition, capacity, and horsepower
  • Axle setup and condition
  • Transmission
  • Braking system
  • Engine and brake oil lines
  • Hydraulic system
  • The truck’s mileage
  • The cab interior
  • Air conditioning
  • Signs of corrosion on both the external and internal components of the truck

A seasoned mechanic would know what symptoms to look for when inspecting these components in order to determine if the rig still has investment potential. If the truck passes the inspection with flying colors, then you can start haggling for the price. Just do it politely and with respect.