What a time to be alive!
We’ve already talked about how commercial trucks are constantly changing. And with those changes come exciting new opportunities to bring your fleet to the next level.
Investing in truck upgrades will make your vehicles more economically productive.
In particular, here are some ways that investing in upgrades will boost your ROI.
Spend Less on Fuel
The average truck uses 20,500 gallons of fuel per year. That means that by the end of a big shipment, there could be less money for your company than you’d like.
Upgrading your truck can massively increase your fuel efficiency, which in turn will reduce your operating costs. That means that more money goes to you with every trip.
Stop Buying New Trucks
If you work in shipping, you know that trucks are expensive.
Every time an old member of your fleet stops working, you need to replace it. This can cost tens of thousands of dollars, and over several years can even cost you millions.
Instead of constantly buying new trucks, shell out now and again for new parts to make your fleet last longer.
Truck Upgrades Increase Resale Value
When most people use the blue book to see the resale value of their truck or car, they usually have one question.
“Is that it?’
The truth is, an old truck just doesn’t have the resale value it used to have. And the value it does have plummets when you factor in the wear-and-tear associated with a fleet.
The only way to sell an old truck for a high price is to make sure it’s good as new. And if that’s something you’re interested in, you need to seriously upgrade your vehicle.
Spend Less on Maintenance
Maintenance costs a lot of money. Old trucks frequently need maintenance because they have parts that just can’t handle what newer parts can.
Truck upgrades reduce maintenance costs by giving you a vehicle that can better withstand the wear-and-tear of the road.
Avoid Costly Accidents and Lawsuits
Lawsuits stemming from truck accidents have cost companies over $14 million dollars in some cases. When you factor in the cost of paying for your own employee’s injuries and repairing damage to your truck, you might as well close your doors.
A lot of accidents happen because trucks lack modern safety features. A truck that doesn’t have the proper upgrades cannot be depended upon to avoid accidents.
Outfitting your truck with modern safety features will stop the price of an accident from knocking you back to square one.
Conclusion
Truck upgrades can do a lot for your business in terms of ROI.
They can reduce the cost of operating a fleet and help you make more money when you finally do decide to say goodbye to the trucks you have.
We’re experts in providing both practical and cosmetic upgrades to trucks. We also provide repairs, and all for an affordable price.
If you’re interested in having the ROI you’ve always dreamed of, you absolutely need to contact us today.