Asset Disposal

Everything you purchase and maintain requires investment. When these assets age and decrease in efficiency or usefulness, their costs increase while their performance declines. Eventually, they’ll reach the end of their life and begin collecting dust. However, while they’ve become impractical for your business, they might become a prized possession of another.

Rather than letting those resources sit untouched, properly disposing of them is a convenient method of freeing up space and capital.

What is Asset Disposal?

Asset disposal is the process of removing long-term assets from your company’s financial records. Over time, your vehicles and equipment may not be able to turn a profit like they once did, with costs for storage, maintenance, and repairs building up.

Rather than keeping something with limited use to your operation, you can calculate the item’s disposal value, which is its remaining worth, and choose the most suitable disposal option, whether a private sale, auction, or donation. Often, asset disposal will reduce your overhead, cover the equipment’s original cost and provide capital to invest in a newer model.

If you aren’t sure whether asset disposal is the right option for you, consider the following reasons why many companies dispose of their old equipment:

  • An asset has fully depreciated.
  • It is more expensive to repair than it is to replace.
  • The equipment offers substandard performance.
  • It increases operational downtime.
  • It is no longer suitable for their daily work.

Custom Truck One Source Can Dispose of Your Equipment

At Custom Truck One Source, we are committed to providing companies with reliable services to address their specialty truck and heavy machinery needs. When it’s time to part ways with your assets, clean up your record books and free up some capital, you can count on our Marketplace and Auction services to help.

Custom Truck Marketplace

Selling has never been easier than with our innovative marketplace. Our 24-hour platform offers a hassle-free, low-risk solution so you can liquidate your assets with confidence. We’ll do all the hard work to get your items in front of the right eyes while you enjoy low fees, higher returns, and speedy transactions. No matter where you’re located, Custom Truck One Source allows you to safely and reliably dispose of your assets.

Custom Truck Auction

Custom Truck One Source hosts auctions once a month as a part of our end-to-end equipment services. You can list your equipment directly in our auctions and position it in front of our vast network of buyers, allowing them to bid on it in real-time. You’ll receive all the proceeds when your item sells, thanks to our 0% seller’s fee.

Trust in Custom Truck One Source to Help With Your Asset Disposal

Custom Truck One Source is your go-to dealer if you’re looking to dispose of your heavy machinery and equipment. We’ll list your as-is, used equipment for sale, find buyers and get you paid with our Marketplace and Auction services. We have served the special truck and heavy machinery industry for over 30 years, helping businesses get their hands on the tools they need to succeed. Now, we’re helping them get rid of the equipment they no longer require.

Get started selling today or contact us online for more information about how we can assist with your asset disposal.

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Item # DL232939
DL232939 (lot #1)
Buying Type CTOS Auctions
Equipment Type Digger Derrick
Location Cabot, AR
Mileage 80,686
Engine Hours 5,906
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # 7M054018
7M054018 (lot #2)
Buying Type CTOS Auctions
Equipment Type Dump Truck
Location Kansas City, Missouri
Mileage 378,771
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # K370398
K370398 (lot #3)
Buying Type CTOS Auctions
Equipment Type Forklift
Location Fontana, California
Engine Hours 1,450
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # DEB78232
DEB78232 (lot #4)
Buying Type CTOS Auctions
Equipment Type Bucket Truck
Location Caledonia, Michigan
Mileage 181,834
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # CV255986
CV255986 (lot #5)
Buying Type CTOS Auctions
Equipment Type Cable Placer
Location Caledonia, Michigan
Mileage 244,734
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # KD271983
KD271983
Sales contact866-411-2293
Buying Type CTOS Marketplace
Equipment Type Other Product
Location Manchester, New York
Mileage 356,204
CTOS Marketplace
Make Offer or Buy Now Price:
$120,000
Buy Now
Item # FV704764
FV704764
Sales contact866-411-2293
Buying Type CTOS Marketplace
Equipment Type Digger Derrick
Location Jackson, MI
Mileage 66,390
CTOS Marketplace
Make Offer or Buy Now Price:
$0
Buy Now
Item # 5H153417
5H153417
Sales contact866-411-2293
Buying Type CTOS Marketplace
Equipment Type LUBE TRUCK
Location Cabot, AR
Mileage 195,423
CTOS Marketplace
Make Offer or Buy Now Price:
$19,500
Buy Now
CH590483
Sales contact866-411-2293
Buying Type CTOS Marketplace
Equipment Type Bucket Truck
Location Bluffton, IN
Mileage 194,419
CTOS Marketplace
Make Offer or Buy Now Price:
$22,500
Buy Now
Item # 2HK30603
2HK30603
Sales contact866-411-2293
Buying Type CTOS Marketplace
Equipment Type Cab & Chassis
Location Kansas City, MO
Mileage 201,574
Engine Hours 1,181
CTOS Marketplace
Make Offer or Buy Now Price:
$10,500
Buy Now
2H389484
Sales contact866-411-2293
Buying Type CTOS Marketplace
Equipment Type Bucket Truck
Location Bluffton, IN
Mileage 198,972
CTOS Marketplace
Make Offer or Buy Now Price:
$15,000
Buy Now
Item # JDJW9318
JDJW9318
Sales contact866-411-2293
Buying Type CTOS Marketplace
Equipment Type Grapple Truck
Location Middleton, Maine
Mileage 32,299
CTOS Marketplace
Make Offer or Buy Now Price:
$190,000
Buy Now
6HV96755
Sales contact866-411-2293
Buying Type CTOS Marketplace
Equipment Type Bucket Truck
Location Bluffton, IN
Mileage 192,380
CTOS Marketplace
Make Offer or Buy Now Price:
$16,500
Buy Now
6F423748
Sales contact866-411-2293
Buying Type CTOS Marketplace
Equipment Type Bucket Truck
Location Bluffton, IN
Mileage 250,796
CTOS Marketplace
Make Offer or Buy Now Price:
$12,500
Buy Now
Item # HG951677
HG951677
Sales contact866-411-2293
Buying Type CTOS Marketplace
Equipment Type Other
Location Alvarado, TX
Mileage 424
Engine Hours 115
CTOS Marketplace
Make Offer or Buy Now Price:
$0
Buy Now
Item # DJ214331
DJ214331
Sales contact866-411-2293
Buying Type CTOS Marketplace
Equipment Type Bucket Truck
Location Bakersfield, CA
Mileage 29,909
Engine Hours 3,152
CTOS Marketplace
Make Offer or Buy Now Price:
$140,360
Buy Now
Item # 06300963
06300963
Sales contact866-411-2293
Buying Type CTOS Marketplace
Equipment Type Track Digger
Location Alvarado, TX
Engine Hours 2,173
CTOS Marketplace
Make Offer or Buy Now Price:
$165,000
Buy Now
Item # 06301007
06301007
Sales contact866-411-2293
Buying Type CTOS Marketplace
Equipment Type Track Digger
Location Alvarado, TX
Engine Hours 2,714
CTOS Marketplace
Make Offer or Buy Now Price:
$110,000
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CEA71194
Sales contact866-411-2293
Buying Type CTOS Marketplace
Equipment Type Bucket Truck
Location Oklahoma City, OK
Mileage 66,875
Engine Hours 4,490
CTOS Marketplace
Make Offer or Buy Now Price:
$0
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Item # GDHE5270
GDHE5270
Sales contact866-411-2293
Buying Type CTOS Marketplace
Equipment Type Bucket Truck
Location Pittsfield, Maine
Mileage 60,375
CTOS Marketplace
Make Offer or Buy Now Price:
$80,000
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BH345725
Sales contact866-411-2293
Buying Type CTOS Marketplace
Equipment Type Bucket Truck
Location Bluffton, IN
Mileage 243,067
CTOS Marketplace
Make Offer or Buy Now Price:
$21,500
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Item # FEA30452
FEA30452
Sales contact866-411-2293
Buying Type CTOS Marketplace
Equipment Type Service Truck
Location Bluffton, IN
Mileage 178,841
Engine Hours 6,448
CTOS Marketplace
Make Offer or Buy Now Price:
$27,720
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Item # CB003080
CB003080
Sales contact866-411-2293
Buying Type CTOS Marketplace
Equipment Type Track
Location Houston, TX
Engine Hours 2,824
CTOS Marketplace
Make Offer or Buy Now Price:
$77,000
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Item # JH443742
JH443742
Sales contact866-411-2293
Buying Type CTOS Marketplace
Equipment Type Digger Derrick
Location Bakersfield, CA
Mileage 37,778
Engine Hours 3,250
CTOS Marketplace
Make Offer or Buy Now Price:
$0
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Item # GF492077
GF492077
Sales contact866-411-2293
Buying Type CTOS Marketplace
Equipment Type Other Product
Location Manchester, New York
Mileage 520,883
CTOS Marketplace
Make Offer or Buy Now Price:
$75,000
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