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Wreckers are great and I'm fortunate to have the loan of an M936A2 to use around here. They are super for swapping out engines and for those lifting jobs where nothing but a boom truck will work. One of the biggest but kickers on these machines cost wise is hydraulic hoses. I had to replace one...

You will have issues insuring it as a "wrecker" unless you go with collectors insurance and they will severely restrict what you can do with it. I had an M816 and my Progressive agent (I have a farm/semi-commercial policy) told me that if I had an accident towing anything except a cargo type...