How to put valuation on used trucks?
TowForce Forum » Tow411 Main Street
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1d ago
Hello everyone. I have two, possibly three tow trucks I'm looking to list for sale soon but having a hard time determining how to price them. Two are older units with not a ton of value, but one I'm estimating (based of comps on truckpaper) to be around $100k. How does everyone else set their prices? Wreckers are 1999 f450 diesel 4x4 with vulcan 882 and the other is a 2011 f450 v10 2wd with a dynamic autoloader, both lower miles, neither are creampuffs.    Just to clarify, the $100k truck is a 2017 f650 rollback 51k miles  ..read more
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TowTimes.com - TRAA’s Election Results
TowForce Forum » Tow411 Main Street
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6d ago
Source: TRAA press release: The results from TRAA’s 2024 election cycle are in. The results were announced at the conclusion of TRAA’s Annual General Membership Meeting on April 19. TRAA’s newly elected executive cabinet members are: President: William Johnson 1st Vice-President: George Kuntz 2nd Vice-President: James Jennings 3rd Vice-President: Jim Dusenberry 4th Vice-President: Chad Yarbrough Treasurer: Michael Wildman (incumbent) Associate Member Representative: Linda Unruh (incumbent) Thank you to every member who took the time to vote. View the full article and more on TowTimes.com ..read more
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Towing Hall of Fame Announces 2024 Honorees
TowForce Forum » Tow411 Main Street
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1w ago
International Towing & Recovery Hall of Fame and Museum press release: The International Towing & Recovery Hall of Fame and Museum has announced it will induct nine new members into its Hall of Fame this fall. The inductees, including one posthumous honoree, hail from the United States, France and Australia. The 2024 honorees are, in alphabetical order: • William Clayton of Nambour, Queensland, Australia, who has over 50 years of experience in the towing industry and is director of Clayton’s Towing Service, which is the largest towing company in Australia, employing ove ..read more
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TowTimes.com - TRAA Leads Congressional Efforts to Oppose FTC Overreach on Towing Fee Regulation
TowForce Forum » Tow411 Main Street
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1w ago
TRAA press release: Following a successful Hill Day where TRAA members conducted meetings with over 100 Members of Congress and their staff, TRAA has continued to lead Congressional efforts to oppose FMCSA’s baseless suggestion that the FTC include “predatory towing fees” as part of the rulemaking on Unfair and Deceptive Trade Practices. During our meetings, TRAA articulated why regulation of the towing industry and/or fees are outside the FTC’s jurisdiction. These reasons included: Congress has already delegated regulation of towing practices and pricing – and it is not to the FTC. Under PL 1 ..read more
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Geri Roskopf's Blog - Celebrating Anniversary Milestones
TowForce Forum » Tow411 Main Street
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1w ago
Geri Roskopf   I came across an article in the Milwaukee Biz Times Magazine highlighting surrounding area businesses celebrating milestone anniversaries from five years to 125 years. My own business is celebrating our 40th year in business this year.   The author of the article stated: “Starting a business is hard work. It requires courage and a good idea, a great team and even better execution day in and day out, month after month, year after year. To grow and sustain that business for one, two or several generations, it requires innovation, teamwork and determination.”   The ..read more
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TowTimes.com - EV Towing, Networking for Profit, Moving Big Toolboxes, Expanded Recovery Review, Rotator/Recovery Tips and More
TowForce Forum » Tow411 Main Street
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3w ago
The Tow Times April issue is packed with information and insight including electric vehicle (EV) towing and recovery considerations, how networking can boost your company, and moving large mechanic’s toolboxes. This issue also features an expanded Recovery Review with eight pages of rotator recoveries, along with recovery tips from the featured companies in our “Rotator/Recovery Tips” article. Find all this and much more in the Tow Times April issue. View the full article and more on TowTimes.com ..read more
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TowTimes.com - Celebrating Anniversary Milestones
TowForce Forum » Tow411 Main Street
by
3w ago
I came across an article in the Milwaukee Biz Times Magazine highlighting surrounding area businesses celebrating milestone anniversaries from five years to 125 years. My own business is celebrating our 40th year in business this year. The author of the article stated: “Starting a business is hard work. It requires courage and a good idea, a great team and even better execution day in and day out, month after month, year after year. To grow and sustain that business for one, two or several generations, it requires innovation, teamwork and determination.” The owner of a landscaping business, no ..read more
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411 is a TowForce Supporter Day!
TowForce Forum » Tow411 Main Street
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3w ago
On 04.11.24 we will be asking for our members who are not currently supporters to review our levels of support.   We have Patron Levels from $29.95 a year to Sponsor Levels which starts at $200 a year. Are you able to assist?   Check Out the Supporter Levels: https://www.towforce.net/subscriptions/   Seriously, this is not a requirement to participate in our Towing Information Network Community. It is however much appreciated and the funds cover the expenses. I'm expensive just kidding. Most would not spend as much time at this for as many years for the salary.   Need an ex ..read more
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TowForce April Member Anniversaries 2018-23
TowForce Forum » Tow411 Main Street
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3w ago
TowForce April Member Anniversaries 2018-23:   Login to and Check TowForce regularly for Industry News, Roll Calls and much more.   I know it sounds like a broken record each month. However we continue to need supporters in order to bring back the monthly giveaways, attend 2023 Towing Shows & Events. Plans are in the works to bring back those popular Meet & Greets no later than Baltimore in November. In addition this new message board has monthly expenses and we do get or did get compensated for  time. Katkiller aka Chris is continuing to covering the event costs as he h ..read more
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TowTimes.com - Vehicle Management Solutions Strengthens Presence in Texas and Enters Georgia Markets
TowForce Forum » Tow411 Main Street
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3w ago
Source: Vehicle Management Solutions LLC press release   Vehicle Management Solutions LLC (“VMS”), a portfolio company of Mill Point Capital LLC, (“Mill Point”) announced the acquisition of Grant Street Companies, LLC (the “Company” or “Grant Street”), a provider of police and private property impound (“PPI”) vehicle storage management and a subsidiary of Summit Vehicle Solutions. The Company operates Peak Auto Storage and Southwest Auto Tow in the Dallas-Fort Worth Metropolitan Area and A Tow Atlanta and A Tow Roswell in the greater Atlanta Metropolitan Area.   The acquisition ..read more
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