Since you’re just starting your business, it is better to test the waters first before you plunge in. You will always want to invest an amount in accordance to how much business you believe you can get.
Whenever you buy used vehicles, it is best to bring along a mechanic to check the condition of the vehicle. If you do not know a mechanic, then you will need to trust a mechanic nearest the location you intend to purchase the vehicle. If you do this, then you have no idea whether or not the recommendation of that mechanic was biased.
Once in a while in the towing industry, vehicles will need to be recovered from ditches where there isn’t a road. To accomplish this type of mission, you will need a boom truck. You can also get used boom trucks but do not forget that you will need to know the condition of the boom truck before you buy it.
There are a lot of safety issues when boom trucks are used and your truck must be in top condition or else it could lead to an accident.
If you have a good amount of financing available, then the best choice would be to buy new Tow Trucks. Tow trucks carry or pull heavy loads and wear-out faster than normal vehicles. If you buy a new truck then you can rest assured that the vehicle will perform for a good amount of time before you need to do heavy maintenance work on it. Hopefully by then your company will be up and running and making enough revenues to cover maintenance costs of your tow trucks.