Friday, August 28, 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

To seed or not to seed

Contractors share their preferences on how to install fresh turf for customers.

Heavy duty

Strategies for pricing the big jobs and handling your largest pieces of equipment.

Fall forecast

Protect your customers' lawns with pre-emergent applications.

After the storm

Landscape firms share how they run disaster response, storm cleanup and water damage prevention services.

PANTS show canceled for 2015

The show was scheduled for Nov. 4-5.

x