Wednesday, August 05, 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

ACA update

How the latest ruling from the SCOTUS on the Affordable Care Act affects your business.

Abby Wambach wants real grass

The Women’s World Cup Champion Team co-captain has partnered with RISE to raise awareness about turf.

Mariani voted best landscaper

The company was chosen by readers of Make It Better, a regional lifestyle magazine.

There's an app for that

UF/IFAS has developed a handful of apps to help those in the horticulture business.

What you pay for water

Combined water, sewer and stormwater prices for households in 21 major cities

x