Used trucks

Growth strategies
Fyda Freightliner adds SelecTrucks facility in Ohio
SelecTrucks has added its 41st network location with the opening of SelecTrucks of Columbus in West Jefferson, Ohio. SelecTrucks of Columbus is a part of Fyda Freightliner’s dealership network.
September 30, 2022
Fyda Freightliner's new store
Used trucks
Used truck market volumes leapt in August
ACT Research announced Tuesday in its most recent State of the Industry: U.S. Classes 3-8 Used Trucks report that used Class 8 retail volumes (same dealer sales) were up 29 percent month over month in August.
September 27, 2022
Truck driving into sun
Used trucks
Are retail used truck prices stabilizing?
With auction volumes on the rise and retail pricing leveling out, J.D. Power says the used truck sector may be nearing a soft floor and could stabilize over the final quarter of the 2022.
September 21, 2022
Overhead view of many trucks parked
Used trucks
Price Digests: Salaries, job seekers and resale truck listings all on the rise
In a new report published Friday, Randall Reilly's Price Digests, a sister company to Trucks, Parts, Service, published data indicated the number of truck listings in the resale channel could rise to as high as 80,000 units by year end.
September 16, 2022
Line of trucks on a summer day
Used trucks
Economic outlook on agenda for UTA Convention
The 2022 Used Truck Association (UTA) Convention will have two economic experts in the used truck industry speak on the current economic environment.
September 16, 2022
Used Truck Association 2022 annual convention logo
Used trucks
UTA to honor military veterans at annual convention
The Used Truck Association (UTA) will honor military veterans at its upcoming annual convention Nov. 9-12.
September 15, 2022
Used Truck Association 2022 annual convention logo
Used trucks
Used truck sales volumes rebound after July trough
"Though it remains one of the most elusive metrics in the industry, what data anecdotes we are able to garner suggests there are no more used trucks in inventory today than there were six months ago," says ACT Research Vice President Steve Tam.
September 15, 2022
Group of trucks parked
Used trucks
Renault Trucks announces creation of its disassembly plant
To reduce its trucks’ environmental impact, Renault Trucks is taking steps to transition its industrial operations to a circular-economy approach.
August 31, 2022
Renault Trucks' used truck factory
Used trucks
Consignment truck sales continue to benefit all parties
Despite a consistent decline in sales over the summer months, dealers say it’s still a good time to accept and sell heavy-duty trucks on consignment.
August 23, 2022
Customer shaking hands with sales person.
Used trucks
J.D. Power says used prices still falling in July
The pricing gap between late-model and older equipment expanded in July as prices continued to fall in the auction and retail markets, J.D. Power reported Tuesday in its August 2022 Commercial Truck Guidelines industry report.
August 17, 2022
Three trucks parked in rest area in Rocky Mountains
Indicators
Used Class 8 truck sales in July fall month over month
Used Class 8 retail volumes fell 8 percent month over month, and were 47 percent lower compared with July of 2021, according to ACT Research.
August 16, 2022
Used trucks parked in lot.
Commentary
Number of available truck models increasing, as is MSRP
Boat and RV manufacturers have cut the number of models they offer due to supply chain challenges, but makers of big trucks are going the other direction, and sticker prices are going along for the ride.
August 12, 2022
Kenworth T680
Used trucks
Used market maintaining optimism despite summer skid
Through inventory judiciousness, intelligent marketing and a little belt tightening, the used truck market hopefully can withstand this summer’s doldrums until the market inevitably picks up again.
August 11, 2022
Two blue trucks on the highway
Used trucks
ATD's Perrotta to keynote 2022 UTA Convention
The Used Truck Association (UTA) announced Monday, Laura Perrotta, president of the American Truck Dealers (ATD), will serve as a keynote speaker for this year’s annual UTA Convention.
August 9, 2022
UTA Convention 2022 logo
Indicators
Used Class 8 truck sales show little change month over month
Used Class 8 retail volumes were 1 percent higher month-over-month, according to the State of the Industry: U.S. Classes 3-8 Used Trucks by ACT Research.
July 26, 2022
Customer shaking hands with truck sales rep.
Used trucks
ACT sees uptick in retail used truck sales but price contraction
ACT Research reported last week it saw preliminary used Class 8 retail sales volumes (same dealer sales) rise by 6 percent last month though price was down by that same 6 percent figure.
July 18, 2022
Row of similar black tractors
Used trucks
Used truck pricing plummets in June
J.D. Power reported in its July 2022 Commercial Truck Guidelines industry report that prices fell dramatically again in the auction and retail spaces in June as the used truck industry continues to course correct after more than a year of record growth.
July 15, 2022
Group of Volvo used trucks parked on a truck lot
Used trucks
Growth of used truck values rival stock market from mid-2020 to mid-2022
CCJ recently obtained and analyzed truck retail figures from Price Digests, a company owned by CCJ parent Randall Reilly, to determine appreciation rates on truck values from pandemic lows and post-pandemic highs.
June 28, 2022
trucks parked in a line
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Rihm Kenworth
Successful Dealer Award
Rihm Kenworth wins 2022 Successful Dealer Award
Rihm Kenworth has won the 2022 Successful Dealer Award. The announcement was made Tuesday during a special awards banquet in Nashville, Tenn., to celebrate the 10-year anniversary of the award program.
Bunch of trucks in a row on the highway
Outlook and Benchmarking
Labor shortage beginning to weaken industry growth potential
Doggett Freightliner store counter
Successful Dealer Award
2022 Successful Dealer Award finalist Doggett Freightliner
Trucks through mirror.
Freight demand
Analysts expect softening in freight market in months ahead
Rihm Kenworth store front
Successful Dealer Award
2022 Successful Dealer Award finalist Rihm Kenworth
Learn how to move your used trucks faster
With unsold used inventory depreciating at a rate of more than 2% monthly, efficient inventory turnover is a must for dealers. Download this eBook to access proven strategies for selling used trucks faster.
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