Making the decision to purchase new equipment can be a big one. There are a lot of factors to consider, especially when it comes to the price tag associated with getting a new vacuum truck. You want to make sure that you are really ready to take on that sort of investment. When browsing for a vacuum truck for sale, it is extremely important to do your research.
We understand that it is tough retiring old equipment and having to look into getting something new. You might be wondering, ‘what are the signs it’s time to invest?’ We’re so glad you asked! Today, our team here at FlowMark has taken a moment to outline a few signs you will need to be aware of. Continue reading to discover four key indicators that you are ready to invest into getting a new vacuum truck.
Sign #1: Your current equipment is outdated.
While vacuum trucks are built for endurance and made to last, especially when they are manufactured by FlowMark, sometimes, you just have to bite the bullet and admit that your machine is outdated. Your equipment has endured so much over the years, including cleaning sewer lines, vacuuming out grease traps, and spending countless hours on the road. While you can appreciate its longevity, if it’s not getting the job done and you are wasting precious daylight hours, it might be time to start looking for a new vacuum truck for sale.
New equipment means new innovations that can make a person’s job easier. Various hoses, attachments, and customizations can really be a game changer. If you are working with outdated equipment, it can also come across poorly to customers and might even tarnish your reputation in the industry.
Sign #2: Frequent breakdowns are slowing you down.
We have all been there at some point: you are on your way to a job site and everything seems to be running smoothly, but then your engine suddenly overheats or there has been a malfunction with the electrical system. This type of incident puts your vacuum truck out of commission for the whole day, if not longer. Even if you have a diligent maintenance schedule, these types of things are bound to happen. However, if they are becoming a frequent problem, you really need to reevaluate whether keeping the truck is worth the hassle.
It is hardly a secret that breakdowns and repairs are extremely expensive. Even a one-off repair can feel like it’s costing you an arm and a leg. This only becomes all the more true once it starts to be a recurring issue. When it reaches a certain point, it is time to start looking into getting a new vacuum truck.
Sign #3: Your business is growing.
Growth is the goal of every business! However, finding the balance between managing current customers, adding new customers, and ensuring you have the infrastructure to handle it all can be quite challenging. Take a look at your current workload and customer capacity. How many jobs are you tackling daily? Weekly? Monthly? Then compare that to the amount of vacuum trucks you have. If you are approaching maximum capacity, your business is likely ready to invest and begin browsing for a new vacuum truck for sale.
Keeping on top of your goals and staying growth focused is great! Just be sure that you are prepared to reinvest that money back into your business by buying new equipment and hiring new employees as you go.
Sign #4: You could use a tax break.
One of the biggest perks of buying new equipment is the tax break incentive that comes along with it. According to Section 179 of the IRS tax code, businesses are allowed to deduct the full purchase price of qualifying equipment and software purchased or financed during the tax year, up to $1 million.
That being said, taxes and finances can be tricky! If you are unsure about how this might apply to your business or the purchase of a new vacuum truck for sale, then be sure to schedule an appointment to have a talk with your accountant. They will be able to provide more in depth information and give you direct assistance.
Gearing up to purchase a new vacuum truck is something that takes quite a bit of serious thought. It is vital that you review everything necessary to ensure that it is a wise decision and investment for your business. Take into consideration factors such as the state of your current equipment, if you are outgrowing the fleet that you presently have, and if repairs and upkeep are beginning to be too costly than what they are worth.
As a business owner, remember that you don’t have to make these decisions alone. Consult with your tax accountant, any business partners you may have, and even the other leadership on your team. Together, you will be able to come up with which financial decision is best for you.
Purchase From FlowMark
When browsing for a new vacuum truck for sale, you won’t want to settle on just any piece of equipment. Instead, you want to make sure you are getting the best on the market! Machinery, especially in this line of work, should be American made, built to last, and come from a company that has your best interests at heart. That is why we pride ourselves on what we make here at FlowMark!
Every vacuum truck is custom made and assembled right here in Kansas City, meaning that you are getting a quality product from a family owned small business. We are even there to support you long after you drive off the lot because we know how important it is to have someone in your corner.
If you are ready to invest and purchase the best vacuum truck available on the market, then make sure to contact us today! We can guarantee you a quote before you’re even off the phone. Don’t waste any more time or money on equipment that won’t work as hard as you do!