Used trucks

Used trucks
Used truck market pulls back for first time in April
The used truck pricing wave has crested. After nearly 18 months of record-setting gains, prices for used trucks sold in the auction and retail channels slowed in April, J.D. Power announced Monday in its May 2022 Commercial Truck Guidelines report.
May 16, 2022
Truck in urban area
Used trucks
Dealer used truck sales fell in April as inventory became thin
ACT Research announced Monday preliminary Class 8 used truck same dealer sales volumes fell by 40 percent month over month in April and were 33 percent below April 2021.
May 16, 2022
Class 8 trucks parked in row
Used trucks
National Truck Protection introduces expanded light-, medium-duty warranty programs
National Truck Protection Co. Inc. (NTP), introduces an expanded offering of equipment warranty programs for Class 2-7 commercial vehicles.
May 12, 2022
A variety of Class 8 trucks on the highway
Used trucks
Navistar relocates Chicago Used Truck Center to new Joliet location
Navistar's new Chicago Used Truck Center location in Joliet is home to the Used Truck Center sales facility, calibration engineering center and eight service bays.
April 28, 2022
Navistar Used Truck Center relocated to Joliet, Ill.
Used trucks
Retail used prices continuing to set records; auction market leveling
Though retail used truck prices continue to break records, pricing in the used truck auction space appears to be leveling a bit, J.D. Power announced last week in its April 2022 Commercial Truck Guidelines industry report.
April 18, 2022
Used trucks parked on lot
Commentary
Overdrive survey details purchase preferences among small fleets, drivers
The used truck market might be the preferred source for owner-operators and small carriers, but once a customer decides it’s time to buy another used truck, a franchised truck dealer has little to no advantage in acquiring their business over anyone else.
March 23, 2022
Trucks available through rear mirror
Used trucks
Retail used truck prices set another all-time high; auction prices steady in February
Rising sales volumes in the used truck space didn't stop pricing from continuing to rise, J.D. Power reported Tuesday in its March 2022 Commercial Truck Guidelines industry report.
March 16, 2022
Line of trucks on a summer day
Used trucks
Used truck sales volumes rise in February
Preliminary used Class 8 retail volumes as same dealer sales grew 20 percent month over month in February but were down 14 percent from the same period last year, ACT Research reported Tuesday.
March 15, 2022
Used trucks on lot
Used trucks
Commercial truck resale values set industry records in 2021
A recent report by commercial equipment data analytics firm Price Digests indicates resale values in the medium- and heavy-duty space last year surpassed 2020 totals in every month, with some specific truck models nearly doubling their resale price.
March 15, 2022
Identical trucks on lot
Used trucks
Tips to get PAID for used equipment online
If you’re in the used equipment space, you’re probably setting sales records these days. But just because you’re moving units doesn’t mean you’ve mastered the art of selling. You might be riding the market wave.
March 9, 2022
Charles Bowles
Used trucks
Used truck prices benefited from falling volume in January
"Used truck prices will continue to benefit from strong demand and tight supply, though growth rates are likely to decline meaningfully, as freight hauling capacity rebalances."
March 1, 2022
Several trucks on roadway
Used trucks
Retail prices surpass six figures as used market continues ascent
The used truck market set another milestone last month with retail Class 8 sleeper prices surpassing $100,000 for the first time in recorded history, J.D. Power announced Wednesday in its February 2022 Commercial Truck Guidelines industry report.
February 17, 2022
Group of trucks parked
Used trucks
Retail used truck pricing up 82 percent year over year
Falling volumes led to another price increase in the same dealer sales retail used truck space in January, ACT Research announced Tuesday.
February 15, 2022
SelecTrucks used truck dealer
Commentary
The service dilemma developing in the used truck space
Because so many used truck purchasers are racing to fill a contract or grab a load at an insane profit, some also are grabbing trucks and putting them right into service ... before conducting due diligence maintenance procedures.
February 10, 2022
Three trucks on roadway
Used trucks
How exploding prices have transformed used truck dealer operations
This pricing explosion has created an interesting predicament for dealers, who are suddenly selling trucks at prices they’ve never seen to customers who have never paid so much. For those in the market, it’s a dynamic they are still getting used to.
February 8, 2022
Late model used trucks parked on a lot
Sales coaching/training
UTA holding in-person sales training seminars next month
The Used Truck Association's (UTA) Managing for Success and Selling for Success training seminars will be held in-person next month in Phoenix.
February 1, 2022
UTA training courses set for March
Used trucks
Ryder finds insurtech partner for used trucks
Ryder is partnering with REIN to launch insurance services to Ryder used vehicle sales customers at the point of purchase.
February 1, 2022
Screen Shot 2022 02 01 At 7 10 16 Am
Used trucks
Final December used data shows slight drop in volume
ACT Research announced this week Class retail volumes (same dealer sales) finished down 2 percent month over month in December. This was a slight reduction in volume over preliminary data.
January 27, 2022
Trucks parked on lot
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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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