Thursday, September 11, 2014

Refurbishing Is One Key To Preserving Bus Fleet Values

Preserving the values of your assets is a big deal in an age where the manufacturing cost of new equipment is higher than ever before.  There are many ways to keep your equipment in demand when it comes to the market, and thereby keep its value as high as possible. 

Many operators choose refurbishing as a way to maintain a high curbside appeal for their customers while delaying the purchase of newer, more expensive, equipment. Refurbishing comes in many forms.  Some operators change out interiors, replacing seat covers, cushions, headliners, sidewalls, dash fabric and flooring.  

Bus Striped of its interior being prepared for Refurbishing
http://www.sardobus.com/
New Interior By Sardo Bus & Coach Upholstery

Another popular option for refurbishment is reworking the exterior panels, stripping down the paint, and completely repainting the bus from the ground up.  This option can make your bus look years younger and much more attractive.

Bus Being Sanded and Prepared For New Paint

Bus After Being Repainted

In many cases, if your bus roles up to pick up a load of passengers, it smells good inside, has a fresh interior and a nice glossy paint job on the outside, many customers will mistake it for a new bus.  This can make a huge difference in your bottom line, when it comes to making new bus payments. 

While it is a fact that if you put a dollar into refurbishing your bus you might only get .60 to .70 cents out, in most case it makes sense to age your fleet a few extra years than to enter into a premature replacement cycle.  Of course, not all markets will allow for that strategy, but refurbishing is an option that many operators have found to be extremely helpful to their bottom line.

There are many dealers in the United States and Canada that can help you estimating refurbishing cost.  In addition there are interior companies such as Sardo Bus and Coach Upholstery that have mobile road crews that will come right to your facility and replace your interior on site. 

Have questions? 

Email to info@busappraisals.com
www.busappraisals.com
www.bussolutions.com

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