VSP News: Kolman's Korner, Episode 110 - Used Equipment

When it comes times to move used vehicles out of a fleet, the typical methods are retailing the units or wholesaling them. 

Each has its own pros and cons, says Mike Nowak, national account manager for Quality Companies. It is a premier industry provider, whose offerings include fleet and owner operator leasing, truck and trailer sales, maintenance and business services.

If retailing a unit, a decision needs to be made about whether or not to “spruce it up.”

For a fleet looking to acquire used equipment, there are some key considerations that need to be addressed to help get the appropriate vehicle.

The terms of the deal are also important.

Nowak offered one additional piece of advice.