Running your own tow truck business can be a profitable endeavor. Purchasing a tow truck, however, requires an upfront investment. If you have limited financial capital but want to get into the towing industry, a sling truck (or hook-and-chain truck) can get you started with minimal investment. Here are some reasons why this might be the best type of tow truck for you to start your business with.
Many Used Sling Trucks Are Available
Sling trucks, with their hooks and chains, are an older style of tow truck. Newer models tend to either be wheel-lift models or flatbeds.
While you might have some difficulty finding a new sling truck, there are many used ones available on the market. Used trucks, of course, cost substantially less than new ones. You may even be able to find a used truck that you're able to pay cash for. If you don't have enough money to pay cash for a used truck, you can likely get a loan that has low monthly payments. The payments may be low enough that just a few tows a month will cover the payments.
Sling Trucks Can Tow Totalled Vehicles
With a sling truck, you'll be able to tow almost any passenger vehicle -- regardless of how totaled it is. Since these types of tow trucks use hooks and chains that can be connected to a car or truck's frame, you can tow vehicles that have been severely damaged. As long as both front or back wheels are still intact, you'll be able to hook up your tow truck to the other end of the vehicle and tow it.
Towing totaled vehicles will let you respond to calls that some other trucks aren't able to tow. Wheel-lift trucks, specifically, sometimes aren't able to tow heavily damaged vehicles because their connection mechanism isn't adjustable as the hooks and chains that sling trucks have.
Fewer Moving Parts to Repair
All tow trucks use some machinery to tow vehicles. Sling trucks, however, frequently have fewer mechanical parts than other tow trucks. For instance, flatbed trucks typically have both hydraulics to pull a car up onto the bed of the tow truck and to adjust the angle of the bed. Sling trucks only need hydraulics to pull the car up, as they don't have a bed to adjust.
With fewer moving parts to maintain, you'll be able to keep your tow truck's repair expenses low. This can be especially helpful when you're first starting a business and don't have many financial reserves. Contact a company like Express Tow & Recovery to learn more.
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