For a business looking for used vehicles, including cargo vans for sale, it is important to look at several different factors before making a purchase. This is particularly true if you are buying from the current owner, or if you are buying through an equipment auction either online or in person.
One of the biggest mistakes to make is to buy a vehicle sight unseen. While you may be able to get a great deal, you are really risking potential misrepresentation by the seller. The way to get around this is to buy from a company that handles fleet liquidations and offers their own warranty and buyer protection types of programs.
There are a few companies out there that offer extended test drive options, sometimes as much as three days, which gives you time to not just get the feel of driving the cargo vans for sale, but also having your own mechanic check out the vehicle before you make the purchase.
The Service Record
Regardless of where you buy the cargo van, ask to see the service record. With computerized records offered through most fleets, this is not a difficult document to have on hand. In some cases, the documents may not be available, and these vehicles should be checked by a qualified mechanic to ensure they have been reasonably maintained and are in sound mechanical condition.
Financing Options
Unless you want to pay cash, take a close look at the financing options on any cargo vans for sale. Most private sales and auctions will require full payment by stipulated payment methods which should be disclosed before the sale.
Buying from a fleet liquidation company is more like buying from a dealership. These companies may offer their own financing programs that can be a very good option and allow a small business or a startup company to spread the payments out over years rather than having to pay in one lump sum.
Mileage and Condition
It will be essential to consider both the mileage and the condition of the van when determining a fair market price. Watch for vehicles that have a lot of surface rust or rust on the frame, or that are very worn looking inside. Poor maintenance of the interior of the cab indicates drivers that may not have cared about taking care of the vehicle, which can give a clear picture about how the vehicle was operated.
A well-maintained vehicle with reasonable mileage for the age is always the best option. While these vehicles may be slightly higher in price than high mileage cargo vans for sale, they will have a longer life, something that needs to be considered as part of the offer.