Friday, September 19, 2014

Home News Used work truck sales rise as 2010 trucks enter market

Used work truck sales rise as 2010 trucks enter market

Industry News

The medium-duty used truck market did not see the same boost in sales volume, an indication that the segment did not experience a pre-buy effect

Today's Trucking | March 23, 2010

McLEAN, Va. – Used truck sales increased for the third month in a row in January as the stock for pre-2010 trucks cleared out, according to a report by the ATD/NADA Official Commercial Truck Guide.
 
With new Class 8 sales numbers down for January versus December, Chris Visser, editor of the guide, predicts a relaxation of used truck sales volume as well.
 
Despite the boost in sales volumes, prices have remained relatively the same, Visser said. Depreciation reflected in January sales data remained moderate, with the mileage and cab configuration determining the value of a used truck.
 
Class 8 construction trucks seems to be losing value, with demand for these trucks low and overall supply low as well, Visser said. "These factors are likely keeping selling prices from decreasing too heavily."
 
Meanwhile, the medium-duty used truck market did not see the same boost in sales volume, an indication that the segment did not experience a pre-buy effect.
 
Read the full story at Today's Trucking

Top news

Door to Door Sales Today: It’s not your parents’ sales approach

This old-school sales tactic can bring new vigor to your lawn care business.

EPA settles with DuPont

The company will pay a penalty to resolve alleged violations of pesticide reporting and distribution laws.

See ya, summer

With the warmer weather fading, LCOs across the country are preparing to treat turf for the fall.

The dangling carrot

Eric Barrett uses incentives to keep his workers motivated and his company growing.

National Mall Day of Service

NHLA participated in the event, hosted by the Trust for the National Mall.

x