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 # EDA43384
EDA43384 (lot #1)
Buying Type CTOS Auctions
Equipment Type Van
Location Oklahoma City, OK
Mileage 66,080
Running Condition Running
CTOS AuctionsStarts April 25, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # GHGT5480
GHGT5480 (lot #2)
Buying Type CTOS Auctions
Equipment Type Digger Derrick
Location Union Grove, Wisconsin
Mileage 127,014
Running Condition Running
CTOS AuctionsStarts April 25, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # FJ419563
FJ419563 (lot #2)
Buying Type CTOS Auctions
Equipment Type Hydrovac Truck
Location Crown Point, Indiana
Mileage 40,805
Running Condition Running
CTOS AuctionsStarts March 28, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # HL280093
HL280093 (lot #3)
Buying Type CTOS Auctions
Equipment Type Digger Derrick
Location Union Grove, Wisconsin
Mileage 89,099
Running Condition Running
CTOS AuctionsStarts April 25, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # EHFY5520
EHFY5520 (lot #3)
Buying Type CTOS Auctions
Equipment Type Digger Derrick
Location Alexandria, Louisiana
Mileage 153,656
Running Condition Running
CTOS AuctionsStarts March 28, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # CV304611
CV304611 (lot #4)
Buying Type CTOS Auctions
Equipment Type Bucket Truck
Location Alexandria, Louisiana
Mileage 135,478
Running Condition Running
CTOS AuctionsStarts March 28, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # HL280073
HL280073 (lot #4)
Buying Type CTOS Auctions
Equipment Type Digger Derrick
Location Union Grove, Wisconsin
Mileage 102,476
Running Condition Running
CTOS AuctionsStarts April 25, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # GEA92218
GEA92218 (lot #5)
Buying Type CTOS Auctions
Equipment Type Bucket Truck
Location Fontana, CA
Mileage 129,668
Running Condition Running
CTOS AuctionsStarts March 28, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # GM493966
GM493966 (lot #5)
Buying Type CTOS Auctions
Equipment Type Bucket Truck
Location Union Grove, Wisconsin
Mileage 99,712
Running Condition Running
CTOS AuctionsStarts April 25, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # C8121658
C8121658 (lot #6)
Buying Type CTOS Auctions
Equipment Type Pickup
Location St Paul, MN
Mileage 144,986
Running Condition Running
CTOS AuctionsStarts March 28, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # 6F406538
6F406538 (lot #6)
Buying Type CTOS Auctions
Equipment Type Bucket Truck
Location Brownsville, Tennessee
Mileage 86,207
Running Condition Running
CTOS AuctionsStarts April 25, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # 7V515425
7V515425 (lot #7)
Buying Type CTOS Auctions
Equipment Type Bucket Truck
Location Brownsville, Tennessee
Mileage 76,218
Running Condition Running
CTOS AuctionsStarts April 25, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # BL434239
BL434239 (lot #8)
Buying Type CTOS Auctions
Equipment Type Bucket Truck
Location Houston, TX
Mileage 18,749
Running Condition Running
CTOS AuctionsStarts March 28, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # 9H141320
9H141320 (lot #8)
Buying Type CTOS Auctions
Equipment Type Bucket Truck
Location Brownsville, Tennessee
Mileage 73,944
Running Condition Running
CTOS AuctionsStarts April 25, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # CK2499
CK2499 (lot #9)
Buying Type CTOS Auctions
Equipment Type Other Product
Location Brownsville, Tennessee
Running Condition Running
CTOS AuctionsStarts April 25, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # S6000-LP
S6000-LP (lot #10)
Buying Type CTOS Auctions
Equipment Type BACKYARD DIGGER
Location Bakersfield, CA
Engine Hours 923
Running Condition Running
CTOS AuctionsStarts March 28, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # 0X954030
0X954030 (lot #10)
Buying Type CTOS Auctions
Equipment Type Other Product
Location Brownsville, Tennessee
Engine Hours 9,324
Running Condition Running
CTOS AuctionsStarts April 25, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # G1011057
G1011057 (lot #11)
Buying Type CTOS Auctions
Equipment Type Pulling/Stringing
Location Bakersfield, CA
Running Condition Running
CTOS AuctionsStarts March 28, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # N50374M
N50374M (lot #11)
Buying Type CTOS Auctions
Equipment Type Other Product
Location Brownsville, Tennessee
Engine Hours 3,789
Running Condition Running
CTOS AuctionsStarts April 25, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # 3S268004
3S268004 (lot #12)
Buying Type CTOS Auctions
Equipment Type Bullwheel Tensioner
Location Bluffton, IN
Engine Hours 1
Running Condition Running
CTOS AuctionsStarts March 28, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # NT01035M
NT01035M (lot #12)
Buying Type CTOS Auctions
Equipment Type Other Product
Location Brownsville, Tennessee
Engine Hours 1,722
Running Condition Running
CTOS AuctionsStarts April 25, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # FV720214
FV720214 (lot #13)
Buying Type CTOS Auctions
Equipment Type Bucket Truck
Location Wilkes-Barre, PA
Mileage 88,262
Running Condition Running
CTOS AuctionsStarts March 28, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # E1007156
E1007156 (lot #14)
Buying Type CTOS Auctions
Equipment Type Pulling/Stringing
Location Bluffton, IN
Running Condition Running
CTOS AuctionsStarts March 28, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # FL717003
FL717003 (lot #15)
Buying Type CTOS Auctions
Equipment Type Bucket Truck
Location Forest, Virginia
Mileage 61,882
Running Condition Running
CTOS AuctionsStarts March 28, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # DH315298
DH315298 (lot #16)
Buying Type CTOS Auctions
Equipment Type Flatbed Truck
Location Bakersfield, California
Mileage 161,137
Running Condition Running
CTOS AuctionsStarts March 28, 2024
at 12:00pm CT
Current Bid$0
PLACE BID