If you’re thinking about investing in a trailer for personal or business use, you can choose to invest in a new or used trailer. Although both choices have their merits, buying a used trailer may offer several advantages.
Here are some compelling reasons to consider used trailers instead of brand-new options:
• Cost Savings. Used trailers are generally more budget-friendly than new ones. You can often find a high-quality used trailer that will meet all your needs at a fraction of the cost of a new one. These cost savings are especially beneficial if you’re on a tight budget or need multiple trailers for your business.
• Depreciation. Trailers, like vehicles, depreciate over time. When you buy a new trailer, its value typically depreciates significantly during the first few years. Purchasing a used trailer avoids the steepest part of this depreciation curve. This means that if you decide to sell the trailer in the future, you’re less likely to incur a substantial loss in value.
• Proven Reliability. Used trailers that have been well-maintained show a proven track record of reliability. Remember that new trailers aren’t immune to issues or damages, so purchasing a new trailer doesn’t necessarily mean it will require less maintenance.
• Variety of Options. If you search your local market for used trailers, you can often find a wide variety of options. You may be surprised to find used trailers that suit your exact requirements, whether you need a utility, cargo, or specialized trailer for a specific purpose.
• Lower Insurance Costs. Insurance costs for used trailers are typically lower than those for new trailers because the trailer’s value is lower. This results in ongoing cost savings over the life of the trailer.
While new trailers have advantages, such as the latest features and warranties, buying used trailers is cost-effective and sensible for many buyers. Check out our current inventory of used trailers and give us a call if you have any questions.