SEMI-TRUCK REPLACEMENT DECISION GUIDE Trade In or Sell Your Semi Truck Separately? Compare the Numbers Trading in your semi truck can be the better financial decision, but selling it separately may leave you with more value toward your replacement. The difference depends on the replacement truck’s actual purchase price, the old truck’s sale or trade…
SELLER PREPARATION | DISABLED COMMERCIAL TRUCKS Selling an Immobilized Semi Truck: What to Disclose for Pickup Planning If you need to sell a semi truck that cannot move, tell the prospective buyer what is known about the truck’s mobility, mechanical condition, and pickup location. Do not describe it only as “non-running.” A tractor with a…
COMMERCIAL TRUCK SELLER GUIDE | BUSINESS CLOSURE Selling Business Trucks When Closing a Trucking Company If you need to sell trucks when closing a trucking company, start by establishing which vehicles the business can transfer and what must be resolved before each sale. Identify the titled owner, review loans and leases, confirm who can sign…
COMMERCIAL TRUCK AUCTION COST GUIDE Commercial Truck Auction Seller Fees: What to Review Before Consigning Commercial truck auction seller fees are the commissions and other charges you agree to pay when consigning a vehicle. Depending on the auction agreement, costs may include transportation, storage, inspections, preparation, title processing, and additional services. Some charges can still…
FLEET DISPOSAL COST GUIDE How to Calculate the Full Cost of Disposing of Fleet Trucks To calculate the full cost of disposing of fleet trucks, start with the gross sale price of each vehicle, subtract seller-paid transportation, preparation, storage, selling fees and other direct expenses, then account separately for employee time and shared overhead. The…
WORK TRUCK SELLING GUIDE Should You Sell a Work Truck With Its Upfit or Remove the Equipment? Selling a work truck with its upfit still installed often makes sense, especially when the equipment is functional and useful to the next buyer. Removing it may produce a better financial result when the equipment has a separate…
COMMERCIAL TRUCK TITLE DOCUMENTATION Selling a Semi Truck Without a Title: The Documentation Paths You may be able to sell a semi truck without having its paper title in hand, but that does not mean you can complete the sale without acceptable ownership documentation. The correct path depends on whether the certificate was lost, a…
CALIFORNIA DIESEL TRUCK COMPLIANCE GUIDE Selling a Noncompliant California Diesel Truck: CARB and DMV Questions You may be able to sell a California diesel truck that does not meet CARB requirements, but a compliance problem can prevent California DMV from processing the ownership transfer or restrict the truck’s operation. The answer depends on the regulation…
COMMERCIAL TRUCK TAX GUIDANCE Tax Considerations When Selling a Depreciated Commercial Truck Selling a depreciated semi truck can create federal taxable gain even when the sale price is below what you originally paid or most of the proceeds go toward an outstanding loan. The calculation generally starts with the amount realized from the sale minus…
COMMERCIAL TRUCK VALUE GUIDE Wholesale vs. Retail vs. Auction Value for Commercial Trucks A commercial truck can have a retail asking price, a wholesale price, an auction sale result, and a direct purchase offer that differ substantially. That does not necessarily mean one of the figures is wrong. Each may describe a different transaction, a…
