Wednesday, April 01, 2015

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

The paper trail

What do you do when an employee asks to be fired? Jason Cupp, former business owner and now growth consultant, shares HR horror stories and talks with editor Chuck Bowen about the importance of documentation.

Survey reveals latest landscape trends

ASLA found landscape architects expected native plants to have the highest consumer demand.

Ruppert Landscape promotes branch manager

The position is a direct result of a new branch opening in Washington, D.C.

Committed to quality

Generations of owners at Toms Creek Nursery & Landscaping have stayed true to their family roots.

Immigration and the green industry

Craig Regelbrugge shares his predictions for immigration reform and how it will affect the green industry.

x