If you’re working toward getting your CDL and dreaming of owning your own truck one day, understanding the costs of buying a semi-truck is an important first step. However, before you start picking out paint colors and mudflap designs, you’re probably wondering, “how much does a semi-truck cost?” In this guide, we’ll break down the semi-truck price for new and used rigs, explore popular brands like Peterbilt and Freightliner, and talk about the bells and whistles (a.k.a. factory add-ons) that can drive the cost up.
What’s the Average Cost of a Semi-Truck?
First thing’s first: how much is a semi-truck going to cost? Well, it depends. A brand-new semi-truck typically costs between $120,000 and $200,000. While it’s a major investment, keep in mind that it is an investment.
Here’s a quick breakdown:
– Used semi-trucks: $45,000 to $100,000
– New semi-trucks: $120,000 to $200,000+
Factors like mileage, condition, and included features will sway these numbers up or down. Wondering how much does a new semi-truck cost at the top end? If you want all the premium features, expect to pay closer to $200,000—or even more.
Popular Semi Truck Brands and Their Prices
When you’re shopping for a semi, brand matters. Different manufacturers offer different perks—and price points. Let’s check out the heavy hitters:
Peterbilt
Peterbilt trucks are often seen as the Cadillac of semis. Known for durability and classic styling, they don’t come cheap.
– New Peterbilt semi-truck price: $150,000 to $200,000+
Freightliner
Freightliner is all about practicality and efficiency. It’s one of the most popular choices for fleet operators.
– New Freightliner semi-truck price: $130,000 to $180,000
Kenworth
If you want a balance of luxury and toughness, Kenworth’s your brand.
– New Kenworth semi-truck price: $140,000 to $190,000
Volvo
Volvo trucks are famous for their comfort and cutting-edge safety features.
– New Volvo semi-truck price: $140,000 to $190,000
International
International trucks are dependable workhorses with a bit of a lower starting price compared to others.
– New International semi-truck price: $120,000 to $170,000
Quick Tip: When considering the cost of a semi-truck, factor in brand reputation for reliability. Saving $10K upfront might not be worth it if you spend more later on repairs.
New vs. Used: What’s is Better?
Deciding between new and used? Each has its perks and pitfalls:
– New semi-trucks come with warranties, the latest technology, and peace of mind. Plus, you get exactly what you want, straight from the factory.
– Used semi-trucks are way cheaper upfront. If you’re just starting out and watching your wallet, a solid used truck could be a smart move.
Still wondering, “how much do semi-trucks cost” when used? Depending on age and condition, you could snag a reliable rig for $45,000 to $80,000.
Factory Add-Ons and Safety Features That Impact Price
Believe it or not, the base model of a semi-truck is just the starting line. Want a bigger sleeper cab? A custom paint job? Extra chrome trim? It’s all going to cost extra.
Some common add-ons that raise the semi-truck price include:
– Upgraded engines for better fuel economy or hauling power
– Advanced safety systems like automatic emergency braking or lane-departure
– Comfort upgrades like leather seats, premium sound systems, and larger sleepers
– Technology packages with GPS, advanced diagnostics, and infotainment
Adding these features can boost the cost of a semi-truck by $10,000 to $30,000—or more.
Pro Tip: Prioritize features that improve safety and efficiency. Flashy add-ons look nice, but better fuel economy and lower maintenance costs will save you serious money over time.
Other Costs to Keep in Mind
Buying a semi isn’t just about the sticker price. Here are some extra expenses you’ll need to plan for:
– Financing interest: Semi loans typically come with rates between 5-10%.
– Insurance: Expect to pay $8,000 to $16,000/year for semi-truck insurance.
– Maintenance and repairs: Set aside $15,000 to $20,000 annually for truck maintenance – Fuel: At today’s diesel prices, fuel will easily be one of your largest ongoing costs