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 # HL280212
HL280212 (lot #27)
Buying Type CTOS Auctions
Equipment Type Digger Derrick
Location Union Grove, Wisconsin
Mileage 51,232
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # KHKS6779
KHKS6779 (lot #28)
Buying Type CTOS Auctions
Equipment Type Water Truck
Location Kansas City, Missouri
Mileage 59,406
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # GHGT5442
GHGT5442 (lot #29)
Buying Type CTOS Auctions
Equipment Type Digger Derrick
Location Kansas city, Missouri
Mileage 54,963
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # GHGT5485
GHGT5485 (lot #30)
Buying Type CTOS Auctions
Equipment Type Digger Derrick
Location Kansas city, Missouri
Mileage 76,430
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # FDGL0186
FDGL0186 (lot #31)
Buying Type CTOS Auctions
Equipment Type Digger Derrick
Location kansas city, Missouri
Mileage 66,077
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # BJ354394
BJ354394 (lot #32)
Buying Type CTOS Auctions
Equipment Type Puller Tensioner
Location Kansas city, Missouri
Mileage 64,950
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # DJ093222
DJ093222 (lot #33)
Buying Type CTOS Auctions
Equipment Type Digger Derrick
Location Vallejo, California
Mileage 69,071
Running Condition Won't Start
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # EL755038
EL755038 (lot #34)
Buying Type CTOS Auctions
Equipment Type Digger Derrick
Location Vallejo, California
Mileage 51,614
Running Condition Won't Start
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # FHGF2697
FHGF2697 (lot #35)
Buying Type CTOS Auctions
Equipment Type Digger Derrick
Location Vallejo, California
Mileage 79,403
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # CEB46658
CEB46658 (lot #36)
Buying Type CTOS Auctions
Equipment Type Digger Derrick
Location Vallejo, California
Mileage 111,542
Running Condition Not Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # CJ444260
CJ444260 (lot #37)
Buying Type CTOS Auctions
Equipment Type Digger Derrick
Location Vallejo, California
Mileage 54,420
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # GM493967
GM493967 (lot #38)
Buying Type CTOS Auctions
Equipment Type Bucket Truck
Location Union Grove, Wisconsin
Mileage 104,106
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # GDHC9604
GDHC9604 (lot #39)
Buying Type CTOS Auctions
Equipment Type Bucket Truck
Location Jackson, MI
Mileage 20,557
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # GG193789
GG193789 (lot #40)
Buying Type CTOS Auctions
Equipment Type Bucket Truck
Location Houston, TX
Running Condition Won't Start
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # 35400021
35400021 (lot #41)
Buying Type CTOS Auctions
Equipment Type Track Bucket
Location Tampa, FL
Running Condition Not Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # DJ133980
DJ133980 (lot #42)
Buying Type CTOS Auctions
Equipment Type Digger Derrick
Location Houston, TX
Mileage 71,824
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # GEB98850
GEB98850 (lot #43)
Buying Type CTOS Auctions
Equipment Type Rail - Light Duty
Location Cabot, AR
Mileage 181,783
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # GG241969
GG241969 (lot #44)
Buying Type CTOS Auctions
Equipment Type Rail - Light Duty
Location Tampa, FL
Mileage 163,697
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # 9F189810
9F189810 (lot #45)
Buying Type CTOS Auctions
Equipment Type Rail - Light Duty
Location Cinnaminson, NJ
Mileage 211,452
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # 2EA81905
2EA81905 (lot #46)
Buying Type CTOS Auctions
Equipment Type Bucket Truck
Location St Paul, Minnesota
Mileage 104,389
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # EN019163
EN019163 (lot #47)
Buying Type CTOS Auctions
Equipment Type Dump Truck
Location Rapid City, South Dakota
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # EN019162
EN019162 (lot #48)
Buying Type CTOS Auctions
Equipment Type Dump Truck
Location Rapid City, South Dakota
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # EN019160
EN019160 (lot #49)
Buying Type CTOS Auctions
Equipment Type Dump Truck
Location Rapid City, South Dakota
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # BL434251
BL434251 (lot #50)
Buying Type CTOS Auctions
Equipment Type Bucket Truck
Location Midland, TX
Mileage 95,787
Engine Hours 6,849
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID
Item # BL434437
BL434437 (lot #51)
Buying Type CTOS Auctions
Equipment Type Bucket Truck
Location Houston, TX
Mileage 62,454
Engine Hours 5,543
Running Condition Running
CTOS AuctionsStarts June 27, 2024
at 12:00pm CT
Current Bid$0
PLACE BID