Used trucks

ACT dealer survey data shows January used truck pricing slipped with volume

ACT Research announced Tuesday the latest issue of its State of the Industry used truck report indicates used Class 8 truck average sale prices fell 6 percent in January. The pricing slip was mirrored by a 7 percent drop in sales volume.

March 2, 2021

Used trucks

Navistar adds warranty package to used truck purchases

Navistar upped its product offering in the retail used truck market Tuesday, announcing it will now offer a free one-year factory-backed warranty for engine and aftertreatment systems on its most popular used on-highway vehicles.

March 2, 2021

Used trucks

Used prices expectedly rise thanks to lower volumes in January, J.D. Power reports

Used truck sales volumes fell as expected in January but pricing across the board remains stable, J.D. Power reported Wednesday in its February 2021 Commercial Truck Guidelines industry report.

February 18, 2021

Indicators

ACT Research confirms strong close to 2020 for used truck space

Both used Class 8 same dealer sales pricing and volume rose last month, ACT Research reported this week in its State of the Industry: U.S. Classes 3-8 Used Trucks report. The company says volumes were…

January 27, 2021

Indicators

J.D. Power reports steady prices in used retail segment, price increase in auction channel last month

The company says December’s auction, wholesale and retail truck sales continued the strong run of the second half of 2020, with average pricing better than any time since the first quarter of 2019.

January 20, 2021

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Indicators

Used Class 8 truck data indicates YTD sales increased

Preliminary used Class 8 volumes rose 11 percent month-over-month in December, and are 25 percent higher year-to-date compared with 2019, according to the latest preliminary release of ACT Research’s State of the Industry: U.S. Classes…

January 18, 2021

Indicators

ACT Research: Dealers say used truck sales strong, will remain solid into 2021

ACT Research reports same dealer sales volumes were up 21 percent year to date against the first 11 months of 2019.

December 28, 2020

Used trucks

Used equipment: How to identify serious customers and their purchase potential

Discover how to identify serious buyers in the used truck and trailer market and determine their purchase potential here on TPS.

December 21, 2020

Hunter Truck Sales Rep Talking To Customer

Indicators

J.D. Power’s monthly report illuminates stability, opportunity in used truck sector

J.D. Power's monthly industry report shows auction pricing similar to November and the retail sector saw higher pricing but lower volume. Details here on TPS.

December 17, 2020

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Indicators

ACT Research presents mixed results for November used Class 8 trucks

“Other than the preliminary used Class 8 sales volume contraction, there wasn’t much not to like about the used truck market in November,” says Steve Tam, ACT Research.

December 16, 2020

Used trucks

Daimler’s Aufdemberg talks used truck demand, customer trends during roundtable

After bottoming out in April, the used truck market began its recovery in May and appears strong enough to continue improving through at least the first half of 2021, said Mary Aufdemberg, remarketing president and…

December 9, 2020

Indicators

Used sales volumes well ahead of 2019; price trends up in October

Used Class 8 same dealer sales volumes have risen 20 percent this year through October compared to last year, ACT Research reported last Friday.

November 30, 2020

Stock-image-Truck-on-road-night-700×400-min

Indicators

Used Class 8 trucks data indicates short-term drop, long-term increase

The report indicates, compared with October of 2019, volumes are down 12 percent.

November 17, 2020

Indicators

Used truck pricing mixed as volume falls in October

Looking ahead, J.D. Power says COVID-19 and the Fed are the biggest threats to the used market maintaining its stability through the winter.

November 17, 2020

Used trucks

Used truck market should remain stable into 2021, reports Used Truck Association panel

Weakened by COVID-19 in the first half of 2020, the used truck market resoundingly recovered over the summer and is now in a strong position entering 2021, industry experts say.

November 11, 2020

Indicators

September used truck metrics show volumes remain up YTD

The recovery in the used truck market remains on track, though it is showing signs of slowing, according to input ACT Research received from dealers over the past month.

October 28, 2020

Used trucks

Capitalizing on customer inquiries

Capitalize on customer interest and sell more by building relationships through in-person meetings or cold calls. Learn more here on Truck, Parts, Service.

October 5, 2020

Used trucks

Research shows customer purchasing habits are changing

As purchasing trends change, research indicates investing in your website and sales team are the most direct ways to sell equipment faster. Learn more on TPS.

September 28, 2020

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To have a functional, flexible and comprehensive pricing matrix in today’s aftermarket, distributors must also be masters of their digital footprints.

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Used prices expectedly rise thanks to lower volumes in January, J.D. Power reports

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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