The pricing for medium-duty trucks at auction was down for the second month in a row in September, according to J.D. Power’s October Commercial Truck Guidelines Industry Update.
Record-setting orders for new Class 8 trucks are apparently not creating a used-truck glut, if used-truck prices are any indication. However, the growth in prices is expected to slow.
Commercial Truck Trader announced the election of Terry Williams, strategic relationships manager, to the Used Truck Association 2019 Board of Directors.
Military AutoSource (MAS) in partnership with Petty’s Garage will auction off a Warrior Edition Ford F-150 truck to benefit Paralyzed Veterans of America.
Used truck prices stayed relatively flat in July but remained at favorable levels compared with the same month a year ago, according ACT Research.
The Ram 3500 earned the best resale value award for the heavy-duty pickup segment. The Ram 3500 was also the overall winner for best resale value in 2018.
While the average price of used Class 8 trucks was flat in June compared to the previous month, they have risen 15% over last year.
Recent Class 8 trade volumes have been lower than predicted, which means pricing has been more stable than expected for used trucks, according to J.D. Power & Associates.
According to J.D. Power and Associates, higher volumes of both heavy- and medium-duty used trucks caused prices to fall off "substantially" in February.
Three-year-old full-size vans retained the most value among trucks, vans, and SUVs in the wholesale used vehicle market, according to Tom Kontos, KAR Auction Services' chief economist.
Used truck prices are holding steady, with supply still dictating pricing. That’s the word from J.D. Power’s Commercial Truck Guidelines for March, which notes that February is the first month in any new year with a high enough volume of used truck auctions to allow analysts to identify market trends.
Your primary goal is to spec a truck to meet the intended job function, but how it is spec’ed has a direct bearing on future resale value. Therefore, it is similarly important to maintain a remarketing mindset when identifying specs.
The new name reflects the company’s longstanding focus on the Durabook brand as well as changing market conditions that emphasize the need for reliable, purpose-built, mobile computing solutions.
Companies large and small are looking for new ways to reduce their fuel spend and carbon footprint. Check out these helpful tips for reducing your fuel bill in 2018.
While the end of 2017 brought a record decline in weekly depreciation for cars, volume-weighted, overall truck segment (including pickups, SUVs, and vans) values declined by 0.54% the last week of 2017, according to Black Book. This is in line with the average weekly adjustment of 0.57% over the previous four weeks.
As vintage Chevrolet trucks increase in popularity with enthusiasts, more trucks are going up for auction and sale prices for the most coveted trucks keep increasing. As we look back at 100 years of Chevy truck history, here’s a gallery of the nine most expensive Chevrolet trucks sold at Barrett-Jackson auctions to date. Photos courtesy of General Motors.
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