Trash is a global business. The average household produces nearly five pounds of trash a day. The refuse that we produce as a society means there will always be an opportunity to manage trash.
In order to take advantage of this money-making opportunity, you may decide you want to invest in a garbage truck. This is a sound idea, granting you the ability to become part of various disposal services. However, you’ll first need to determine how garbage truck cost might play into your overall budget.
If you’re interested in buying a garbage truck, how much might you need to set aside? Read on and we’ll walk you through the basics.
Garbage Truck Cost Factors
There is not one standard cost that will be the same for all garbage trucks across the market. It would be nice if things were that simple, but they are not. Instead, it can be helpful to determine what factors contribute to the final cost of a garbage truck.
The major element that will contribute to cost is actually the manufacturer. When it comes to the types of garbage trucks, brand is king. Brands that have a stellar reputation for their trucks will charge much more than others, even if the trucks themselves are mostly similar.
Drivers need to rely on their trucks so brand reliability can play a very big role.
If a truck is brand new, if it has accessories, or if parts of it have been re-built will all contribute to the cost of the vehicle as well.
Last but not least, certain models may have automated features that other vehicles still have not. These automated trucks will often cost more.
You’ll also want to consider how long you anticipate holding onto you truck, as the length of ownership might actually impact how much you end up spending.
Garbage Truck Prices
So, with these factors in mind, how much might you expect to end up spending on your garbage truck purchase?
The above factors can lead to a wide range of prices, but your purchase will likely fall somewhere between $200,000 and $350,000 for a brand new vehicle. That’s a big investment, but one that you might be able to make worth it over time.
If you need to keep costs down, purchasing a pre-owned vehicle can help a lot. With a pre-owned vehicle, you’d be looking at a number closer to the $80,000 – $150,000 range.
That’s still a chunk of change, but it might be the sort of discount you need in order to make things work.
Buying a Garbage Truck
If you’re hoping to hit the road as part of a trash disposal service, you’ll need the assistance of a garbage truck. How much should you anticipate to spend to meet this need? The above information can help you understand garbage truck cost.
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