Tow trucks are an essential part of the auto repair industry, providing a much-needed service to those with broken-down vehicles. But how much does a tow truck cost in Canada?
The cost of a tow truck in Canada can vary greatly depending on the type of truck, its size, and its features. Generally speaking, a medium-sized tow truck will cost between $50,000 and $80,000 Canadian dollars new. This price range includes both conventional and flatbed varieties of tow trucks.
Of course, buying a used tow truck can save you some money. Used models typically range between $25,000 and $50,000 Canadian dollars. When buying used it’s important to do your research to ensure that the vehicle is in good condition and properly maintained.
Tow Truck Equipment Costs
In addition to the cost of the actual truck itself, there are also additional costs associated with equipping your tow truck for service. This includes items such as winches and straps for towing larger vehicles as well as safety equipment like fire extinguishers and warning lights.
These items can range from a few hundred to several thousand dollars in cost depending on what kind of equipment you need and how many pieces you will be purchasing. It’s important to factor these costs into your budget when considering the total cost of owning a tow truck.
Other Tow Truck Costs
In addition to purchasing the actual vehicle and any necessary equipment, there are other costs associated with owning a tow truck that must be taken into account. These include insurance premiums (which can vary significantly depending on where you live), maintenance costs (such as oil changes and tire rotations), fuel expenses (which will depend on how often you use your vehicle), licensing fees (to remain compliant with local laws), and storage fees (if you don’t have access to secure parking).
Conclusion: How Much Does a Tow Truck Cost Canada?
Overall, the cost of purchasing a tow truck can vary significantly depending on factors such as size, features, used or new condition, additional equipment needs, and other related expenses such as insurance premiums or storage fees. Generally speaking though, expect new medium-sized trucks to range between $50k – $80k Canadian dollars while used models typically fall within the $25k – $50k range.
