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SOURCE: BLACK BOOK USA

News

Trucks Continue to Show Slow Depreciation

This week’s Black Book Market Insights report looks at the truck segments that are picking up less weekly depreciation compared with cars, signaling that summer is fast approaching.

A classic glut has created a buyer's market for good quality, low-mileage Class 8 tractors. Photo: Ritchie Bros.

News

Fleets Bear the Pain in Glut Market for Used Trucks

Industry experts say a glut of used trucks remains on the market and, in extreme cases, some fleets actually owe more for equipment than it is now worth on the secondary market.

Average wholesale selling prices for four to seven year old Class 4 and Class 6 trucks (Source: JD Power)

News

Medium-Duty Truck Resale Holding Up

Generally, medium-duty segments are holding up well, with cabovers and lighter GVW conventional trucks performing the best.

News

International Opens Used Truck Center

International Truck announced the grand opening of the new flagship Used Truck Center in Melrose Park, Ill.

Manheim Used Vehicle Value Index, April 2017

News

Pickup Trucks See Wholesale Gains

Overall wholesale used-vehicle prices (on a mix-, mileage-, and seasonally-adjusted basis) improved 0.5% month-over-month in April. On a year-over-year basis in April, only pickups saw gains greater than the overall market.

News

Small Car Depreciation Improves in April

Used vehicle values increased slightly in April as tracked by Black Book's Used Vehicle Retention Index that measures values of 2- to 6-year old vehicles, according to the company.

Logo: Vincentric

News

Ford, Nissan Top Vincentric's Fleet Value List

Ford and Nissan vehicles appeared most prominently among the vehicles chosen as having the best fleet value by Vincentric for the 2017 model year, the firm that analyzes total cost of ownership announced.

Going under the hammer will be a good mix of lots including heavy earth moving equipment, trucks, and dozers, to garage equipment, tools, and spares. (Photo courtesy of Yoder & Frey)

News

Yoder & Frey Adds Construction Equipment Auction Dates

Yoder & Frey will be holding the next auction in its 2017 program on April 27, at its independent site in Ashland, Ohio. Going under the hammer will be a good mix of lots including heavy earth moving equipment, trucks, and dozers, to garage equipment, tools, and spares.

Photo of 2014 Chevrolet Express courtesy of GM.

News

Used Vans, Cars Bolster March Depreciation

Used cars outperformed trucks in March, as full-size pickups, compact vans, compact cars, and sporty cars increased in value, while as overall used vehicles depreciated 0.6%, according to Black Book.

News

IronPlanet Updates allEquip Format

IronPlanet, an online marketplace for selling and buying used equipment and other durable assets, debuted its next generation allEquip fixed and negotiated pricing format.

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A take-home vehicle refers to a vehicle assigned to a public-sector employee that the employee is allowed to use when commuting to and from work and in job-related tasks.

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