Are you looking to start a food truck business? If so, your first thought must be whether you should get yourself a used or new food truck. While they each have their benefits, you should also pay attention to their downfalls. They have different offerings that need to be carefully analyzed before making a decision. This blog will go over the major differences between new food trucks and used food trucks so that you can make the best decision when deciding on one for you.

Used Food Trucks

The first choice that must pop up in your head is getting a used food truck. You must be thinking, “it’s less expensive” or “it’ll allow me to start sooner.” This isn’t always true. While the initial costs may be lower than that of a new one, it requires more work, which can end up costing you more. It’s basically a fixer-upper that will require modifications and upgrades for it to fit your needs and continue to operate smoothly. You have to be really careful about the condition of the used food truck as there are no refunds.

Used Food Truck Pros

• Affordability – The cost of a used food truck can be quite appealing
• Possibility of Having a Permit – If the food truck was on the road recently, then there’s a possibility that it has already been permitted to work in the area.

Used Food Truck Cons

• Warranties are Most Likely Expired – If there were warranties in place for the vehicle or the kitchen equipment of the truck, then it is most likely that they’re now expired. That means you’re on your own when something breaks or stops functioning.
• Unexpected Breakdowns and Problems – Similar to all things with a couple of years on their back, used food trucks are significantly more prone to unexpected breakdowns and problems. The owner may have delayed maintenance to save money, which can lead to you inheriting the problems. The risk is you could get hit with some big repairs that are always there. For example, a water heater failure costs up to $3k, a deep fryer failure costs up to $5k, and a refrigeration and freezer unit failure costs up to $6k, and engine, transmission, and drivetrain failure can rack up to $12k. Even if you inspect the food truck diligently in the beginning, there’s always a chance of unforeseen failures.
• Outside Financing is Tough – It’s almost impossible to get financing for a used food truck. Since the condition of the truck and equipment are questionable, it’s too risky for financing brokers and banks to provide a loan.
• No Flexibility in the Layout – Getting a used food truck means getting stuck with the kitchen layout and equipment it comes with. This can make it very difficult to cook your meals. Making changes requires a lot of work and money. If you do make major changes, you’ll likely need to re-submit new drawings and get permit approval. You’ll have to go through re-inspection by your local government agency before getting back to business.