commercial truck value estimation

Commercial Truck Value: How Much Is My Truck Worth?

If you want to sell your Kenworth, Freightliner, or Ford truck in Indianapolis, the main question is “How much is my truck worth?”. And the answer is simple – commercial truck value is as much as someone will pay. But what you really need to know is how to get the best commercial truck value. The Indy Auto Man dealership is the right place to get the answer. Read our comprehensive guide on the used truck values, or get your instant estimation online right now!

How Do You Find the Value of a Commercial Vehicle?

how to find a commercial vehicle value
2017 Nissan Titan S

Different sites, such as KBB, Black Book, and dozens of other resources can offer value estimations for trucks of a particular model and year of manufacture. However, they just provide the insight data, which is often far from the real market value of your commercial vehicle in Indiana. The truck value from these sites can be helpful if you need to get an average price range for your model. But if you want to find out how much your truck is worth, the best way is to get evaluations from car dealerships and compare their offers. 

Are Commercial Truck Value Sites Accurate?

Used car price is a multifactor value, and commercial truck estimation is even more complex. The real market worth of your commercial vehicle can differ by thousand of dollars from the Blue Book price. Most Book value sites do not consider hundreds of variables a truck may have. These vehicles can have specific features and equipment as well as a history of exploitation that can both positively and negatively affect the resale value. 

Do Trucks Hold Their Value?

A commercial truck is a working tool people buy to get profit. That is why the demand for this type of vehicle is stable, and the depreciation level is lower than that of passenger cars. However, the truck value depreciation falls under the same conditions that influence most used SUVs and cars’ prices. 

What Is an Average Lifespan of a Truck?

Most trucks have impressive longevity today—up to 100,000 miles and at least 10 years of trouble-free operation. With proper maintenance, a careful owner can extend these marks significantly and even double them. But if you want to sell a truck for the best value, you should not wait till the mileage hits the six-digit number, as depreciation accelerates greatly when the odometer displays around 100,000 miles. 

How to Get the Best Value for a Commercial Truck in Indianapolis?

get the best truck value in Indianapolis
2014 Chevrolet Silverado 1500 LT

Selling a commercial truck in Indianapolis is much more difficult. It, takes a lot of time, effort, and often extra money to find a real buyer. In general, your steps should be as follows:

  • Do scrupulous research to find out the best commercial truck value in your area. 
  • Make a comparative analysis of similar models spec by spec to reveal which price will be fair for your vehicle. 
  • Register on several truck-selling sites and set this price to check the demand from real buyers. 
  • Collect offers from local dealerships and compare what they are ready to pay. 

If you opt for selling privately, pay particular attention to the following points:

  • To avoid much bargaining, carry out pre-sale preparation: check the equipment, clean the interior, and fix minor issues.
  • Take care of all paperwork. You, as a seller, has liabilities regulated by state laws. 
  • Don’t claim false facts, and make sure that the truck is safe to drive.
  • Beware of frauds and scams – they are getting more sophisticated.
  • If you still owe money on your vehicle, find out about legal ways to sell a car that is not paid off.

Increase Your Profit with Indy Auto Man

If you plan to sell your truck to buy a newer one, consider beneficial trade-in offers at Indy Auto Man, IN. You will find dozens of models in good condition from different brands. You can avoid downtime and renew or enlarge your fleet the same day you address our dealership. Check the commercial truck values in Indianapolis:

At Indy Auto Man, we use an AI-based system to provide our clients with the most accurate and up-to-date market price, even if you don’t buy another vehicle from our lot. We can pick up your truck anywhere in Indiana, Chicago, Kentucky, and Ohio to save you time. Contact us today to get a free estimation and discuss the details of your deal!