How Much Does a Semi Truck Cost?

How much does a semi truck cost? If you are in the market for a semi truck, the cost can be a big factor in the decision-making process. Luckily, there are many semi truck options for drivers with many different budgets. For example, you can get a used semi truck or a smaller semi truck for cheaper than a brand-new one with state-of-the-art technology. If you are shopping on a budget, you may need to make some concessions, but even so, with enough research, you should be able to find a semi truck that works for you. So, how much does a semi truck cost? In this article, you will learn the answer to this question. You will have the answer to how much is a semi truck and where you can find deals. 

How Much Is a Semi Truck?

How much does a semi truck cost? There are a lot of variables that determine the price of a semi truck. Below are some common reasons why the semi trucks you see for sale are either more expensive or cheaper than average so you have an easier time understanding how to answer the question, “How much is a semi truck?”

New Semi Trucks vs Used Semi-Trucks

Your first option is to buy a brand-new semi truck. If you look at two identical semi trucks where the only difference is one is right from the manufacturer while the other has had one other owner, you will always pay more for the brand new one. If features are different, this rule may not hold true.

Why Are Some Semi Trucks More Expensive than Others?

Although a new semi truck will be more expensive than a used semi truck of the same model with the same features, that does not mean that all new semi trucks cost more than used semi trucks. 

It all comes down to performance and capabilities. A high-end, used semi-truck with all the most advanced upgrades will likely cost more than a new, basic semi-truck. 

How Much Does a Semi Truck Cost Brand New?

As mentioned above, the fact that a semi truck is brand new does not mean it will necessarily be more expensive than every other used semi truck. The prices vary greatly. You could find a basic semi truck for around $40,000 to $120,000. If you want something a little more advanced, you could pay around $150,000, while high-end vehicles could cost upwards of $200,000.

How Much Does a Semi Truck Cost Used?

If you buy used, you could get more features for less money. If you buy a used low-end semi truck, you can expect to spend around $35,000. The mid-range semi trucks could cost around $100,000. A high-end used semi truck will cost upwards of $180,000. If you want a high-end semi truck, you could save more than $20,000.

Whenever you buy used, it is important to do your due diligence. Assess the semi-truck for wear and tear. While used semi trucks can be in very good condition, not all of them will be. The more worn down and old the semi truck, the less expensive it will be, but that is not necessarily a good thing. You may need to pour thousands of dollars into the truck to keep it road-worthy. You may even find that it dies on you within a few years causing you to need a new one, wasting more money in the process. Investing in a quality semi truck upfront can save you money in the long run.

Renting and Leasing

If you are not ready to buy your own semi truck, you can consider renting or leasing a semi truck. So, how much does a semi truck cost to rent or lease? If you only need the truck for a short amount of time, you will spend less than you would have if you bought a semi truck. If you rent a semi truck, you will likely spend anywhere from $980 to $2,500 a month. If you need the semi truck for only a few years or less, it will be more cost-effective to rent, but if you want to make a career out of driving semi trucks, it would make sense to save up for your own quality semi truck.

Small Semi Trucks

Now that you understand ways to obtain a semi truck and have a general idea of how to answer the question, “how much does a semi truck cost?,” you need to understand what features will increase the semi truck’s price tag. You will also need to understand how these features factor into your purchase decision, including why you should not necessarily always go with the cheapest option.

So, how much does a semi truck cost depending on the size? The bigger the semi truck, the more it is going to cost you. Small semi trucks are less expensive, but they can not haul as much cargo. When you haul less at one time, you make less money on each trip. As a result, you may need to make more trips to make as much money as someone with a larger truck.

Cab type also matters. Does the semi truck feature a day cab or a sleeper cab? Sleeper cabs are more expensive, but if you want the option to sleep anywhere you want comfortably, it may be worth the extra cost.

Many other features differ among semi trucks. Some are more aerodynamic than others. Some are more fuel-efficient. All of these features will save you money in the long run, while also adding to the initial price tag. As a consumer, you need to decide which features are worth it and which you would rather forgo.

Semi Truck Models

Are you in the market for a semi truck? Handshake Fleet is the perfect place to find the semi truck you need. We have a large assortment of semi truck models at many different prices and with different features to choose from. 

Looking to sell a semi truck model? We can help with that as well. We pride ourselves on our customer service, helping both buyers and sellers get what they want. If you have any questions about buying or selling a semi truck, do not hesitate to reach out to us at Handshake Fleet.