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Used trucks: Page 2
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
Used trucks
Cooling freight market, climbing interest rates throwing cold water on used truck values
Heavy-duty truck values have been in nearly continual decline since March 2022.
May 9, 2023
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Used trucks
New truck buyers dictate the portfolio planning of used truck buyers
Fleets that buy new trucks largely dictate the vehicles that second and third buyers will choose from, and that will soon include zero-emission trucks.
February 20, 2023
Trucks
What the future holds for the used truck market
If you purchased new trucks three to five years ago and used normal depreciation, then the potential gains on your equipment will likely still be substantial.
July 11, 2022
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
Used trucks
Used truck volumes continue to slide, older trucks show some pricing relief
April marks the tenth straight month of shrinking year-over-year used truck sales.
May 26, 2022
Used trucks
Used truck prices likely to extend climb into 2022
Carriers turning to the used truck market to supplement tractor count have been met this year with record prices nearly every month, and that's not likely to change in the immediate future.
November 24, 2021
Trucks
Used truck prices at post-Recession high with appreciation climbing
The used truck market will turn fairly quickly when new truck production returns to normal, parts shortages end and fleets start remarketing more trades through auctions, but the number of trucks on the ground and negative equity will be concerns.
September 13, 2021
Trucks
A trend toward purpose-built vehicles
Standing on a truck production line almost always causes a visitor to comment that every truck seems to be completely different than the one before or after.
July 19, 2021
Trucks
Used truck market 'completely nuts'
Through the first five months of 2021, four to six year-old trucks at auction are 80% ahead of the same period last year, by far the highest pricing in the six years J.D. Power has been tracking it.
July 1, 2021
Trucks
Used truck pricing continues to appreciate
The supply of late-model sleeper tractors remains tight as a supply chain crunch has slowed fleet replacement cycles and is driving prices.
May 18, 2021
Used trucks
Used truck market goes 'through the roof'
Market data indicates that the newest trucks in the marketplace should appreciate in the near term.
April 20, 2021
Used trucks
Don't get left out in the cold in a hot used truck market
In the Class 8 market, the number of available advertised trucks has gone from 40,000 last June to 16,000 today.
March 2, 2021
Used trucks
COVID makes used truck buying another e-commerce function
Capability to bid remotely has been commonplace for many years, but the onset of the coronavirus – coupled with government restrictions on gathering in one place – forced a full transition for many auction houses coast-to-coast.
January 21, 2021
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