subject: Bucket Trucks: A Good Investment Now? [print this page] Bucket Trucks: A Good Investment Now?
Since the economic crash of 2008, consumers have been counting their nickels and dimes when it comes to purchasing. Lenders have also tightened their belts, restricting credit to consumers with only the best credit rating. Despite these factors, it is still an excellent time for companies and individuals to enhance their ability to offer services by purchasing a good quality reconditioned bucket truck.
Bucket trucks (and other utility vehicles) are tangible fixed assets. Unlike investments in hard assets like silver and gold, the value of a bucket truck will depreciate over time. However, bucket trucks have one distinct advantage over such hard assets. Bucket trucks and other utility vehicles can be used to perform many jobs (earning income for the buyer) without also being consumed in the process. Some of the jobs that can be performed with a bucket truck include:
Trimming tall trees that cannot easily and safely be accessed otherwise.
Maintenance on utility poles, street lights and traffic signals.
Window washers may choose to use a bucket truck as opposed to a ladder for safety reasons.
Exterior painting.
Hanging christmas decorations.
This is a very short list of the possibilities open to owners of bucket trucks. Though the bucket truck itself requires some training in order to operate it safely, an industrious owner can put these trucks to work almost from day one to begin reaping the returns on that initial investment in the cost of the truck and training.
In an uncertain economy, where jobs in certain industries are scarce, an investment in a tool like a bucket truck or other utility vehicle can give an owner the edge he needs to succeed over the competition.
A good quality reconditioned bucket truck will only cost roughly $25,000 or more, depending on the options the buyer chooses with the truck. But given the track record these trucks have for longevity and reliability in service when properly maintained, and the versatility these trucks give the owners in the different kinds of jobs that can be performed, it's well worth the initial investment.
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