Are Older or Newer Trucks Better?
Our team of actual FedEx contractors worked through the math of new FedEx trucks versus used FedEx trucks in our own operations. We always want to make the most efficient choice for our fleets.
We have compelling data that shows new trucks are the superior option for routes that are 150 miles per day or less. Why is this the case?
For routes with daily mileage between 50 and 150 miles, you can reasonably expect to spend about $10,000 per year for repair and maintenance on older vehicles. With a new vehicle you can make debt payments instead of carrying repair and maintenance expenses.
If you own dense routes with average daily miles less than 50, you should buy new trucks. You will be able to defer high repair and maintenance costs for a long time in these types of routes.
Consider buying used trucks for routes with 150 daily miles or more. You will begin incurring repair and maintenance costs quickly on high mileage routes, even with new vehicles. If you purchase a new vehicle for these routes you will find your operation facing high debt payments and high repair and maintenance costs at the same time.
Where can you buy new FedEx Trucks?
The professional Auto Park Fleet team is one of the most knowledgeable in the nation. They tell us that they have the most repeat and referral business of any fleet vehicle provider in the country. Plus, you can use the Auto Park Fleet online resources to do your research on fleet vehicles.
AP Equipment Financing
AP Equipment Financing is a finance source, not a fleet vehicle provider. However, when you work with a team that specializes in FedEx truck financing, you secure access to superior vendor pricing. For this reason, it can be a huge benefit to have your finance team help you find new fleet vehicles.
Where to Buy Used FedEx Trucks?
This is one of the most popular sources for used FedEx vehicles. You must be a current contractor (with a badge number) to view the listings.
If you are new contractor coming into the business and do not yet have a badge number, contact us and we can walk you through the steps of securing one so you can shop used vehicles.
TruckPaper.com has a deep bench of used trucks to peruse. However, the navigation feels clunky at times and you need to know what you are looking for before diving in. Do your research and narrow down your options first.
We manage a fleet of over 275 trucks and a staff of over 200 employees across 10 states. We are thinking through revenue, expenses, efficiencies, and scale all day long. And we have been thinking about those things for years.
Connect with our team one-on-one to get help valuing a business, modeling revenue and expenses, or optimizing an operation.