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 # CJ434555
CJ434555 (lot #6)
Buying Type CTOS Auctions
Equipment Type Digger Derrick
Location Bakersfield, CA
Mileage 44,317
Engine Hours 4,553
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # CE003599
CE003599 (lot #7)
Buying Type CTOS Auctions
Equipment Type Crawler Carrier
Location Kansas City, MO
Engine Hours 78
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # EG208926
EG208926 (lot #8)
Buying Type CTOS Auctions
Equipment Type Bucket Truck
Location Union Grove, WI
Mileage 110,312
Engine Hours 8,011
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # EHFJ2324
EHFJ2324 (lot #9)
Buying Type CTOS Auctions
Equipment Type Digger Derrick
Location Atlanta, GA
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # FV513990
FV513990 (lot #10)
Buying Type CTOS Auctions
Equipment Type Digger Derrick
Location Bluffton, IN
Mileage 88,840
Engine Hours 7,697
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # 7AY72224
7AY72224 (lot #11)
Buying Type CTOS Auctions
Equipment Type Vacuum Truck
Location Phoenix, Arizona
Running Condition Not Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # 7DZ17403
7DZ17403 (lot #12)
Buying Type CTOS Auctions
Equipment Type Vacuum Truck
Location Phoenix, Arizona
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # 8AZ84809
8AZ84809 (lot #13)
Buying Type CTOS Auctions
Equipment Type Vacuum Truck
Location Phoenix, Arizona
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # 9AAA8787
9AAA8787 (lot #14)
Buying Type CTOS Auctions
Equipment Type Vacuum Truck
Location Phoenix, Arizona
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # YH671108
YH671108 (lot #15)
Buying Type CTOS Auctions
Equipment Type Vacuum Truck
Location Phoenix, Arizona
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # 6DA44350
6DA44350 (lot #16)
Buying Type CTOS Auctions
Equipment Type Box Truck
Location Phoenix, Arizona
Running Condition Won't Start
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # 8LZ88714
8LZ88714 (lot #17)
Buying Type CTOS Auctions
Equipment Type Other Product
Location Phoenix, Arizona
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # 7AY19290
7AY19290 (lot #18)
Buying Type CTOS Auctions
Equipment Type Other Product
Location Phoenix, Arizona
Running Condition Won't Start
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # DEA17556
DEA17556 (lot #19)
Buying Type CTOS Auctions
Equipment Type Service Truck
Location Phoenix, Arizona
Running Condition Won't Start
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # BJ340921
BJ340921 (lot #20)
Buying Type CTOS Auctions
Equipment Type Other Product
Location Phoenix, Arizona
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # GHGT5480
GHGT5480 (lot #21)
Buying Type CTOS Auctions
Equipment Type Digger Derrick
Location Union Grove, Wisconsin
Mileage 127,014
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # HL280093
HL280093 (lot #22)
Buying Type CTOS Auctions
Equipment Type Digger Derrick
Location Union Grove, Wisconsin
Mileage 89,099
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # HL280073
HL280073 (lot #23)
Buying Type CTOS Auctions
Equipment Type Digger Derrick
Location Union Grove, Wisconsin
Mileage 102,476
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # GM493966
GM493966 (lot #24)
Buying Type CTOS Auctions
Equipment Type Bucket Truck
Location Union Grove, Wisconsin
Mileage 99,712
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # 6F406538
6F406538 (lot #25)
Buying Type CTOS Auctions
Equipment Type Bucket Truck
Location Brownsville, Tennessee
Mileage 86,207
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # FL717003
FL717003 (lot #26)
Buying Type CTOS Auctions
Equipment Type Bucket Truck
Location Forest, Virginia
Mileage 61,882
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID