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Friday August 30, 2024

5 Signs It’s Time to Upgrade Your Used Truck

5 minute read
GRC Trucks Written by Abby Bolger
5 Signs Blog Image

1. Introduction

Businesses and organisations that run a truck (or a fleet of trucks) should always act when it’s time to upgrade from an older vehicle. Upgrading when necessary is essential to maintain the efficiency and cost-effectiveness of the business, as well as the performance, reliability and safety of the vehicle.

Sticking with an ageing truck for a long time may seem like a good way to save money – but the reality is quite different. A truck that is old or deteriorating can cost more in the long run due to maintenance, downtime and potentially lost opportunities. In this blog we will look at the five key indicators that it’s time to upgrade your used truck.

2. Costly and frequent repairs

One of the most telling signs that a truck needs to be replaced is how often repairs are needed, and how costly they are. As trucks age, components naturally wear out – and this leads to more frequent breakdowns and repairs. If you are constantly taking the truck to the mechanic, then it is definitely time to assess whether those repair bills are becoming a serious burden to your business.

The cost of repairing a truck doesn’t just mean parts and labour. It also includes lost productivity. A truck that’s often in the workshop for repairs will be out on the road for less time. This means disruptions to your operations, potentially affecting your bottom line and the profitability of your business. In cases where the annual repair costs start creeping up to a half or more of the vehicle’s value, it is much more economical to invest in a newer truck rather than carrying on patching up an older one.

Another thing to think about is that chasing rare parts for older truck models can be quite time-consuming and become quite expensive. A newer truck will enjoy better availability of parts, which will make maintenance more straightforward and less costly.

3. Reduced fuel efficiency

Keeping an eye on your truck or fleet’s fuel efficiency is important, as fuel prices rise and therefore affect your bottom line. Older trucks typically suffer from reduced fuel economy, due to their engines degrading over time, and fuel inefficiency can increase due to outdated vehicle technology, which can’t compete with more modern systems that optimise fuel consumption.

Newer trucks are designed and built with advanced features that improve fuel efficiency. These include turbo-charged engines, aerodynamic shapes and bodywork and energy-saving technologies. If your fuel costs have spiked and no amount of servicing seems to arrest the increase, it’s time for an upgrade to your truck or fleet. When you think about the economies of scale of the situation, a small decrease in fuel efficiency in a large fleet of vehicles and an increase in the cost of fuel can combine to add significant extra costs over the years.

It’s also worth considering the environmental aspect. Older trucks may no longer meet legal (or your moral) requirements. Upgrading to a newer model can help your business stay compliant with any environmental regulations and remain in line with your sustainability goals, presenting an eco-friendlier image to clients.

4. Safety

Safety should never be compromised – especially in the transport industry. As trucks age, safety features become worn or outdated, and a vehicle’s structural integrity can weaken. Keeping on top of necessary maintenance and repairs can certainly help, but ultimately older trucks don’t offer the same level of protection as newer models.

Modern trucks have many features designed to enhance driver safety and cargo safety. These include automatic emergency braking, lane-keeping assistance and adaptive cruise control, plus others. An older truck may not have these features, which puts both your drivers and other road users at risk.

Moreover, any mechanical failures such as worn brakes or faulty steering systems are much more likely to occur in older trucks, which means the chance of accidents is higher. Even something as basic as an airbag system may not perform perfectly after years of use. If safety becomes a recurring concern for your business, it’s a clear sign that it’s time to look at a replacement secondhand truck rather than continuing to gamble, in effect, by using an ageing vehicle.

5. Downtime

This is a real problem in any business, but particularly in transport and logistics. It can lead to delayed deliveries, missed deadlines and therefore lost contracts. If your truck spends more time off the road than on the road because of repairs or reliability, then it is definitely time to weigh up your costs.

Older trucks are naturally likely to breakdown more often, and finding qualified technicians to work on them can be challenging if they have to deal with outdated systems. Even small issues might take longer to fix, as older trucks can require special tools or (as we mentioned earlier) hard-to-find parts.

Unplanned downtime disrupts schedules and leads to increased operational costs. Paying drivers for idle time or hiring temporary replacements is not ideal. By upgrading to a newer and more reliable truck, you can reduce costly delays and ensure your operations run smoothly. When calculating the real cost of downtime, you should also remember the potential damage to your reputation. Clients always expect timely service, and repeated delays may erode trust in your business.

6. Out of date

Modern used trucks are packed with features to boost efficiency, reduce driver fatigue and provide better insights into your fleet management. If your truck is lagging behind the general curve, in terms of driving technology, then it is the right time to look seriously at upgrading.

Features such as GPS tracking (in other words, satellite navigation), telematics systems and integrated fleet management tools can provide real-time data on vehicle health, driver performance and route optimisation. These things allow you to make data-driven decisions which can be analysed and acted upon to significantly improve business efficiency.

Older used trucks tend to lack these advantages – but even at a basic physical level, older trucks can also be less comfortable and harder to drive. Making sure your drivers are happy is very important, too – so a truck with more comfortable ergonomics, more modern controls and improved connectivity is good. If your drivers are dealing with outdated equipment, they may be unhappy, less productive and more likely to make mistakes.

In general, modern used trucks are built with sustainability in mind. They’re more fuel-efficient and produce fewer emissions. These things can help to ‘future-proof’ your operations in an increasingly eco-conscious market.

Deciding when to upgrade your used truck or fleet isn’t totally about looking at a spreadsheet or chart and crunching numbers. It’s about real world impact and mitigating the effect of an older truck on your business.

It could seem like you’ll have to make a large upfront investment to upgrade – but the long-term savings, improved safety and efficiency gains can all be huge. A well-timed upgrade doesn’t just save money. It also improves efficiency and enhances your company’s reputation. Contact GRC for more information about our huge range of used trucks for sale. All available for export from the UK, worldwide.

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