THE NUMBER 1 RESOURCE FOR VOCATIONAL TRUCK FLEETS
Cotter Pin Solutions’ Anit-Seize Cotter Pin is designed to prevent clevis pin seizing in brakes by holding it stationary, forcing a slack adjuster to rotate around it each time a brake is applied.
The 2016 Conference of Automotive Remarketing (CAR) took place March 16-17 at Caesars Palace, Las Vegas. Now in its 21st year, CAR delivered high-quality discussions and information on subjects ranging from automating the if-bid system to how to maximize auction earnings to a look forward to residual values for 2016-2017. In addition, attendees had plenty of opportunities to network and build their personal and professional connections. Photos by Chris Wolski and Steve Reed.
Increased buying opportunities and a favorable economic climate are limiting price growth, and the supply of quality used trucks is expected to increase.
The ongoing economic recovery has fueled slightly higher depreciation for medium-duty trucks. It is expected that overall depreciation for 2015 will be 15.5-16.5 percent.
A Texas plumber's Ford F-250 has found a second life as a vehicle used on the front lines of the Syrian Civil War.
The Chrysler Group has changed its official name change to FCA US, the company announced on Dec. 16.
The full-size pickup fleet segment depreciated by only 4.9 percent over the past 12 months; however, this rate is unlikely to continue into 2015.
The used full-size van market has remained strong throughout 2014, but it is expected to decline in 2015. Part of the reason for the strength of the used van segment is the discontinuation of traditional U.S.-style vans by OEMs as the new European-style vans are released.
Remarketing commercial trucks online can save fleets time and money typically spent transporting trucks to physical auctions.
After a steeper decline to start 2014, depreciation is expected to settle into the range of 1 percent to 1.5 percent per month for the rest of the year.
To get the most value from a used truck, fleet managers looking to auction their units should do a little research and be thoroughly prepared.
Fleets should consider engines, transmissions, upfits and color choices to maximize total cost of ownership.
A look back over the past decade may shed some light on what to expect from the recent fiscal crisis. Overall, Black Book anticipates a positive impact on values.
The top challenge facing truck fleets continues to be managing fuel spend. Other challenges include rightsizing, rising tire costs, remarketing, and improving fleet efficiency. An emerging trend is the shift to lighter-weight upfits.
Because of historically high resale rates, most commercial fleets no longer sell out-of-service Class 3-8 trucks to their employees.
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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