Used trucks

SOARR, eBay Motors announce strategic partnership
SOARR and eBay Motors have announced a new partnership that will furnish SOARR dealers with the power of listings on eBay Motors.
November 29, 2023
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Late-model depreciation gently slowing for used trucks
"One month is not a trend, but any relaxation of depreciation would logically show up first in newer trucks, so cautious optimism is not out of the question," J.D. Power reports.
November 27, 2023
Truck on interstate driving
ACT provides update on October used sales
“The past three months’ less-than-expected declines present mounting evidence of pricing stability. We expect lower prices through the end of 2023, with a return to month over month growth toward the end of 2024,” says ACT Research's Steve Tam.
November 23, 2023
ACT Research used truck chart
Used trucks
Retail used truck market contracts in October
Early data shows October was another tough month for the retail used truck sector. ACT Research reported Wednesday preliminary Class 8 same dealer used truck retail sales volumes were down 10% month over month in October.
November 15, 2023
Line of trucks in row starting with blue truck
Used trucks
Used truck depreciation slowing but price unlikely to turn until 2024
The used truck market got more reassurance there is light at the end of the tunnel Friday, as J.D. Power Director of Specialty Vehicles Chris Visser offered his insights into the market for 2024 at the UTA Convention in San Antonio.
November 10, 2023
J.D. Power's Chris Visser speaking at UTA Convention
Industry
UTA workshop provides clarity for dealers around impending CARB regulations
OEM representatives tried to provide some clarity around the expansive and complicated regulations California’s Air Resources Board (CARB) will impose on the trucking industry operating in the state in 2024 at the UTA Convention Thursday in San Antonio.
November 10, 2023
Carb enforcement of trucking rule
Insurance
How to pitch service contracts, offer financing
Sales tactics and customer communication took center stage during a rotating workshops Thursday at the Used Truck Association (UTA) Convention in San Antonio.
November 9, 2023
Customer being shown data on a sheet of paper
Used trucks
ACT Research's Tam says used market trough won't last forever
It’s going to get better in the used truck market in 2024. Eventually. At least that’s how ACT Research anticipates the market evolving over the next 12 months, says Vice President Steve Tam.
November 9, 2023
ACT Research's Steve Tam speaking at UTA convention
Used trucks
ACT: Used Class 8 auction sales up 135% in September
"Seasonally, September is the fourth-best sales month of the year," Steve Tam, ACT vice president says. "It is reasonable to assume that any equipment owners who were considering selling their assets hurried to do so in September."
October 26, 2023
A heat map showing Sept. 2023's Class 8 retail summary
Used trucks
DTNA launches used truck extended coverage package
“With Extended OPTIMUM, customers now get protection for their investment and the peace of mind that comes with DTNA’s extended coverage, comparable to the original base warranty,” says DTNA's Kelly Gedert.
October 25, 2023
Daimler launches used truck extended coverage package
Used trucks
J.D. Power: Class 8 depreciation remains higher than normal
Four- to six-year-old trucks brought 5.6% less money in September than in August and 37.1% less money than in September 2022.
October 18, 2023
A chart showing dropping retail prices for 4- to 6-year-old Class 8 trucks.
Used trucks
Report indicates September another tough month for used trucks
In this uneven economic year, the used truck market just can't get off the ground.
October 18, 2023
Used truck chart from ACT Research
Used trucks
J.D. Power: Class 8 pricing slips in August
The number of trucks up for auction with missing titles, unverified mileage and other issues is increasing, J.D. Power says.
September 21, 2023
A graphic from J.D. Power showing the number of trucks retailed per dealership rooftop.
Used trucks
Used equipment values still have 'some room to fall'
It might get worse. Speaking during a Used Truck Association (UTA) webinar Thursday, Black Book's Josh Giles says the loss in used equipment values that began last year has possibly not hit rock bottom.
September 21, 2023
Overhead view of many trucks
Used trucks
'Uncharacteristically large' boost to used truck sales in August
"The uncharacteristically large improvement this month is likely a reflection of the increased availability of units at more attractive prices," says Steve Tam, ACT vice president.
September 14, 2023
Line of trucks on a summer day
Used trucks
Used truck sales slipped across the board in July
ACT Research announced Thursday in its latest state of the industry used truck report that Class 8 used retail sales slipped for the first time in three months in July, falling 7.8% month over month.
August 31, 2023
ACT Research used truck chart
Used trucks
Used market sees stable auction, falling retail pricing in July
Auction volumes were down and held pricing well last month while the retail sector saw pricing slip considerably after a better June, J.D. Power reported Monday in its August 2023 Commercial Truck Guidelines report.
August 17, 2023
Used truck on the highway
Used trucks
Used truck volumes dip in July
Preliminary used truck sales volumes were back down in July after a stronger June, ACT Research reported in its State of the Industry: U.S. Classes 3-8 Used Trucks report this week.
August 15, 2023
ACT Research used truck chart
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Business
Finalists named for ATD's 2024 Truck Dealer of the Year
The American Truck Dealers (ATD), Trucks, Parts, Service and Procede Software are pleased to announce the nominees for the 2024 Truck Dealer of the Year. There are seven dealers up for the 2024 award.
Truck on interstate driving
Used trucks
Late-model depreciation gently slowing for used trucks
Kriete Group chargers
Alternative power
How electric trucks may transform dealer revenue streams
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Rebranding demands strategy, communication
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