Truck dealers sell medium- and heavy-duty commercial trucks, along with a variety of related parts and accessories. They also provide a wide range of truck repair services.
Dealers can be found in most states, and they typically operate a single facility. The size and geographic scope of a truck dealership vary depending on the local market, but they usually have a large inventory of trucks available for sale.
Getting the right truck for your needs can be daunting, but a dealer is an invaluable resource for finding and purchasing the vehicle that’s perfect for you. They can help you find the right fit, and they can even help you with financing or leasing a new truck.
When you’re ready to buy a new truck, it’s important to shop around for the best price. The best time to do this is in the spring and summer, when most dealerships offer summer sales or savings events.
Labor Day: During this time, most dealerships have lower prices and a wider selection of vehicles. They’re also often offering deals to military personnel and veterans.
December: Many dealerships offer truck dealerships near me to attract potential customers during this month, as well. These discounts often include rebates, incentives and other offers on new or used vehicles.
May through September: These months are great for shopping for a new car or truck because of the lower prices and greater variety. You can also expect to find better deals during these months because manufacturers aren’t as busy making new models at this time of year.
Buying a Truck Dealership: The right business broker can be a huge help when it comes to purchasing a truck dealership. A business broker will work with you to determine the best type of truck dealership for your needs and can assist you with everything from locating and evaluating available companies to sealing the deal.
How to Start a Truck Dealership: You can get started with your own business by starting one from scratch or acquiring a franchised truck dealership. Both options have their pros and cons, so make sure you do your homework before deciding which option is the best for you.
Trucking industry challenges continue to loom, but the road ahead looks bright. With a robust economy and a strengthening market, the trucking industry could see growth again in 2022. The dealer channel and their independent aftermarket partners can capitalize on this opportunity with strong communication, innovative new service offerings and a commitment to customer satisfaction.
The Future of Electric Trucks: Electrification and other innovations are set to transform the trucking industry. As a result, the need to prepare for these changes will be more urgent than ever.
For example, manufacturers are working to help their dealers better understand and support the changing needs of their medium-duty fleets. They’re also expanding dealer network capabilities and introducing programs and products that help minimize downtime and keep trucks in service.
Truck telematics and remote diagnostics are also helping dealers improve their parts business. These tools and programs allow dealers to increase their capture of aftermarket parts from OEMs, which helps boost absorption ratios.