The 2007 Peterbilt 340 is a medium-duty conventional truck, often utilized for vocational applications like construction, refuse, and delivery. While specific model years for the 340 aren't as distinct as consumer vehicles, it falls within a range of Peterbilt production for robust work trucks. Key trims would focus on chassis configurations and powertrain options. Its popularity stems from Peterbilt's reputation for durability, customization, and strong resale value in the commercial vehicle sector. Pricing for a used 2007 model varies greatly based on condition and configuration, but typically ranges from $20,000 to $50,000+.
The Good
The 2007 Peterbilt 340 excels in performance and reliability, built for demanding work. Its robust design inspires confidence, while a surprisingly comfortable cabin eases long hauls. This truck offers exceptional value through its durability and strong residual worth, appealing to both the practical need for a dependable workhorse and the emotional pride of owning a Peterbilt.
The Bad
Potential weaknesses for the 2007 Peterbilt 340 include common issues associated with older diesel engines, such as exhaust gas recirculation (EGR) system problems and potential turbocharger wear. Electrical gremlins and the need for regular DPF (Diesel Particulate Filter) maintenance are also common concerns. Pay close attention to the chassis for rust and frame integrity.
2007 Peterbilt 340: Quick Overview
- Engine Options: The 2007 Peterbilt 340 was typically equipped with a range of PACCAR PX-6 engines or Cummins ISB/ISC diesel engines. These were robust, inline-six configurations designed for vocational duty.
- Horsepower: Horsepower ratings varied depending on the specific engine and application, generally ranging from approximately 200 hp to 325 hp. Higher horsepower options were available for more demanding tasks.
- Fuel Economy: Fuel economy for heavy-duty trucks like the 340 is highly dependent on engine choice, load, terrain, and driving style. Expect figures in the range of 5-8 miles per gallon for typical vocational use.
- 0-60 Times: 0-60 mph times are not a standard metric for vocational trucks. These vehicles are optimized for torque and pulling power, not acceleration.
- Towing Capacity: Towing capacity is determined by the specific chassis configuration, axle ratings, and Gross Vehicle Weight Rating (GVWR). The 340 is designed for heavy-duty work, with GCWRs (Gross Combined Weight Ratings) capable of handling significant loads, often in the tens of thousands of pounds, depending on the upfitting and configuration. Specific towing figures are application-dependent.
- Trim-Level Features: As a vocational truck, the 340 typically offered a straightforward, durable interior focused on functionality. Standard features would include manual transmission, basic HVAC, and a robust instrument cluster. Optional features could include automatic transmissions, air brakes, upgraded seating, power windows/locks (less common in base vocational models), and various chassis configurations (e.g., straight truck, tractor). Customization for specific vocational needs was a hallmark, with numerous body upfits available.
2007 Peterbilt 340 Specifications
Vehicle Information
| Year | 2007 |
| Make | Peterbilt |
| Model | 340 |
| Trim | - |
| Style | - |
| Type | Truck |
| Category | Medium Truck |
Manufacturing Details
| Made In | Canada |
| Manufacturing City | MONTREAL |
Dimensions
| Doors | - |
| Curb Weight | - |
| Gross Vehicle Weight Rating | 330001 pounds |
| Overall Height | - |
| Overall Length | - |
| Overall Width | - |
| Wheelbase Length | - |
| Standard Seating | - |
Engine & Performance
| Engine | 8.3-L L-6 Diesel |
| Engine Size | 8.3L |
| Engine Cylinders | 6 |
| Transmission | - |
| Transmission Type | - |
| Transmission Speeds | - |
| Drivetrain | 6x4 |
Additional Features
| Anti-Brake System | - |
| Steering Type | - |
Pricing
| Manufacturer Suggested Retail Price (MSRP) | - |
| Invoice Price | - |
| Delivery Charges | - |
Vehicle History Report
Vehicle
Specifications
Specifications
Ownership
History
History
All History
Events
Events
NMVTIS Title
History Check
History Check
Salvage/Rebuilt
Check
Check
Accident
Check
Check
Theft
Check
Check
Open Lien
Check
Check
Past Sale
Listings
Listings
Safety
Recalls
Recalls
Odometer
Check
Check
Market Price
Analysis
Analysis
What Problems Does the 2007 Peterbilt 340 Have?
For the 2007 Peterbilt 340, as with many diesel trucks of this era, several recurring issues and long-term reliability concerns can emerge. A frequent point of discussion for diesel engines around this model year, especially those meeting EPA 2007 emissions standards, involves the Exhaust Gas Recirculation (EGR) system. These systems can be prone to clogging, leading to reduced engine performance, increased emissions, and potential engine damage if not maintained. Turbocharger issues, such as worn bearings or seal failures, can also occur over time due to high operating temperatures and pressures. The Diesel Particulate Filter (DPF) system, crucial for emissions control, requires regular regeneration cycles and can become clogged, necessitating manual cleaning or replacement, which can be a significant expense. Electrical gremlins are not uncommon in older heavy-duty vehicles; issues with wiring harnesses, sensors, and control modules can manifest. On the chassis side, while Peterbilt is known for robust frames, owners should be vigilant about inspecting for corrosion, especially in areas with harsh winters or coastal environments. Drivetrain components, like the transmission and differential, are generally strong but require consistent fluid changes and proper lubrication. Recalls for this specific model year are best checked through official VIN lookups with the NHTSA, as they can be specific to particular build configurations or component suppliers. Long-term reliability hinges heavily on consistent, proactive maintenance. Neglecting oil changes, fuel filter replacements, and proper DPF care will significantly shorten the lifespan of the engine and associated systems. The overall reliability is excellent if well-maintained, but potential buyers should factor in the cost of addressing these common diesel truck issues.
How long will the 2007 Peterbilt 340 last?
The 2007 Peterbilt 340, when properly maintained, is designed for extensive service life. Owner data suggests that these trucks can comfortably reach 500,000 to 750,000 miles, with some examples exceeding one million miles. Regular oil changes, fuel filter replacements, and attention to emissions systems (EGR, DPF) are paramount. Long-term durability is a strong suit, attributed to Peterbilt's robust construction. However, weaknesses can emerge with age and mileage, particularly concerning the diesel emissions systems, potential turbocharger wear, and electrical components. The frame and chassis are generally very resilient, but rust can be a factor in corrosive environments. With diligent maintenance, the 340 is a workhorse capable of many years and hundreds of thousands of miles of service.
What Technology & Safety Features are Included?
The 2007 Peterbilt 340, being a vocational truck from this era, prioritizes functionality and durability over advanced technological features. Built-in tech is generally basic, focused on essential operational information. The instrument cluster typically includes a comprehensive array of gauges for engine monitoring, air pressure, fuel levels, and warning lights. Entertainment options are usually limited to an aftermarket-capable radio head unit, often with AM/FM capabilities and potentially a CD player. Higher-end options might have included basic auxiliary inputs. Modern infotainment systems, touchscreens, or integrated navigation are not standard. Driver-assistance features are virtually non-existent. Expect features like power steering, and in some cases, power windows and mirrors as optional upgrades, but advanced systems like lane departure warning, adaptive cruise control, or blind-spot monitoring were not available. Safety features are primarily mechanical and structural. Standard safety equipment would include robust braking systems (air brakes in most configurations), seatbelts, and the inherent structural integrity of the Peterbilt chassis. Visibility from the driver's seat is generally good due to the conventional truck design. As a commercial vehicle, dedicated crash-test ratings like those for passenger cars (e.g., NHTSA or IIHS) are not directly applicable or commonly published. Safety is assessed based on Federal Motor Vehicle Safety Standards (FMVSS) and the truck's design to withstand operational stresses and provide driver protection in typical vocational scenarios. The focus is on passive safety through strong construction and active safety through reliable operational controls.
What Colors Options are Available?
We’re working on this section!
In the meantime, feel free to explore the other sections for more content.
In the meantime, feel free to explore the other sections for more content.
2007 Peterbilt 340 Prices and Market Value
When new, the 2007 Peterbilt 340 could range significantly in price depending on its specific vocational configuration, engine, and options, but typically started in the $80,000 to $120,000 range and could go higher for specialized builds. The used market for a 2007 Peterbilt 340 currently varies widely, generally falling between $20,000 and $50,000+. Depreciation is relatively slow for Peterbilt trucks compared to consumer vehicles, owing to their robust construction and reputation for longevity. Factors significantly affecting resale value include mileage, overall condition (mechanical and cosmetic), maintenance history, the type of vocational body installed (e.g., dump bed, service body), and current market demand for work trucks. Trucks with lower mileage and well-documented maintenance typically command higher prices. A well-maintained Peterbilt 340 holds its value exceptionally well for a commercial vehicle.
2007 Peterbilt 340 Cost of Ownership
Owning a 2007 Peterbilt 340 involves significant, though often predictable, costs. Insurance premiums will be higher than for a passenger car, influenced by usage (commercial vs. personal), coverage levels, and driver history. Fuel costs are substantial due to its diesel engine and size, averaging 5-8 MPG depending on application. Maintenance is ongoing and crucial; regular oil changes, filter replacements, and emissions system servicing are necessary. Repair costs can be high, especially for major engine or transmission work, given the specialized nature of commercial vehicle components. Overall, the 340 is not an economical vehicle to own in terms of outright purchase or running costs compared to lighter vehicles, but its durability and strong resale value offer a favorable long-term value proposition for its intended vocational use.
2007 Peterbilt 340 Fuel Efficiency
Fuel Type
Diesel
Fuel Capacity
-
City Mileage
-
Highway Mileage
-
2007 Peterbilt 340 Warranty
Basic
Original warranty
0 months / No data
Estimated remaining
Expired
Powertrain
Original warranty
0 months / No data
Estimated remaining
Expired
Rust
Original warranty
0 months / No data
Estimated remaining
Expired
2007 Peterbilt 340 Insurance
Insurance for a 2007 Peterbilt 340 is moderately priced, reflecting its status as a Truck with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 2007 Peterbilt 340 Compare to Other Truck?
The 2007 Peterbilt 340 competes in the medium-duty vocational truck segment against strong contenders like the International 4300/7400 series, Freightliner M2 series, and Kenworth T300/T400.
Performance: The 340, with its PACCAR or Cummins engine options, typically offers robust torque and power suitable for demanding vocational tasks. Competitors like the International 4300 and Freightliner M2 also provide competitive engine choices and power outputs. Kenworth, often sharing platforms with Peterbilt, offers similar performance characteristics.
Features: In terms of features, the 340 generally focuses on core functionality and durability. While competitors might offer slightly more creature comforts or integrated electronics in certain configurations, the Peterbilt 340's strength lies in its customizable chassis and straightforward, operator-friendly cabin. None of these trucks from 2007 would be laden with advanced tech; the focus is on ruggedness.
Reliability: Peterbilt and Kenworth have historically shared a reputation for exceptional build quality and long-term reliability, often outperforming International and Freightliner in longevity surveys, though this can vary based on specific models and maintenance. The 340 is built to endure tough work.
Price: The initial purchase price for a new 340 was comparable to its rivals. In the used market, Peterbilts and Kenworths often hold their value better due to their perceived durability, making them potentially more expensive upfront but potentially offering better long-term cost of ownership.
Alternatives:
- Similar: Kenworth T300/T400 (shares many components and philosophies with Peterbilt).
- Alternatives to Consider: If seeking a slightly more modern interior or potentially better fuel efficiency in certain configurations, a Freightliner M2 106 or International 4300 from a similar year could be viable, though reliability perceptions might differ. For the absolute toughest vocational applications, one might also consider heavier-duty variants within these same brands or specific chassis tailored for extreme use.
Performance: The 340, with its PACCAR or Cummins engine options, typically offers robust torque and power suitable for demanding vocational tasks. Competitors like the International 4300 and Freightliner M2 also provide competitive engine choices and power outputs. Kenworth, often sharing platforms with Peterbilt, offers similar performance characteristics.
Features: In terms of features, the 340 generally focuses on core functionality and durability. While competitors might offer slightly more creature comforts or integrated electronics in certain configurations, the Peterbilt 340's strength lies in its customizable chassis and straightforward, operator-friendly cabin. None of these trucks from 2007 would be laden with advanced tech; the focus is on ruggedness.
Reliability: Peterbilt and Kenworth have historically shared a reputation for exceptional build quality and long-term reliability, often outperforming International and Freightliner in longevity surveys, though this can vary based on specific models and maintenance. The 340 is built to endure tough work.
Price: The initial purchase price for a new 340 was comparable to its rivals. In the used market, Peterbilts and Kenworths often hold their value better due to their perceived durability, making them potentially more expensive upfront but potentially offering better long-term cost of ownership.
Alternatives:
- Similar: Kenworth T300/T400 (shares many components and philosophies with Peterbilt).
- Alternatives to Consider: If seeking a slightly more modern interior or potentially better fuel efficiency in certain configurations, a Freightliner M2 106 or International 4300 from a similar year could be viable, though reliability perceptions might differ. For the absolute toughest vocational applications, one might also consider heavier-duty variants within these same brands or specific chassis tailored for extreme use.
Final Verdict: Is the 2007 Peterbilt 340 a Good Truck?
The 2007 Peterbilt 340 is ideal for vocational operators and businesses requiring a durable, reliable, and highly customizable medium-duty truck for demanding tasks such as construction, refuse collection, or specialized hauling. It is absolutely worth buying for those prioritizing longevity, robust construction, and strong resale value over cutting-edge technology. This truck is best purchased used, as new models are no longer produced. Conditions for a good purchase include thorough pre-purchase inspection, focusing on engine health (especially emissions systems), transmission condition, and chassis integrity. Specific trims are less important than ensuring the truck is configured for your intended application and has a comprehensive maintenance history. It represents a sound investment for a hardworking professional seeking a truck built to last.
Eugene S
Eugene is an automotive enthusiast with over 15 years of experience in the used car market. As a writer at VINCheck.info, he brings deep industry insight and a passion for cars, helping readers make smart, informed decisions. Eugene has written hundreds of used car reviews and is known for breaking down complex automotive topics into clear, actionable advice. Over the years, he has driven and worked on a wide range of vehicles—starting with tuning street cars in his early days and eventually focusing on performance upgrades and reliability improvements. Today, he specializes in evaluating used vehicles through the lens of real-world ownership and enthusiast needs. A longtime fan of Porsche, Eugene especially appreciates vehicles that blend durability with driving enjoyment.