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Pickup Trucks Retain Strength in Market
Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by just 0.01% last week.
Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by just 0.01% last week.
Extending replacements too long can result in added repair and maintenance costs but replacing a vehicle too soon can leave money on the table in terms of vehicle life.
A steady supply, thriving shipping market, and increased demand helped stabilize wholesale values going into 2019.
Propane autogas vehicles provide a lot of value when it is time to replace or retire the asset, whether fleet owners plan to sell privately, at a public auction, or trade-in the vehicle. Here are a few things to consider when making the decision.
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.
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.
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.
For fleets, technology is enabling a more efficient way to use vehicles, increase utilization, and more precisely match the type of vehicle to usage.
For some fleets, a truck’s value does not come up until it’s time for remarketing. But getting the most profit for these assets requires careful planning long before the truck goes up for sale.
From the push to “go green” to new-vehicle launches to mergers and acquisitions, the past decade has been covered in full by the No. 1 vocational truck magazine.
Regardless of the vocational application, companies are in the business of “manufacturing” used vehicles. Today’s new truck is tomorrow’s used truck. How you spec a truck has a direct bearing on its future resale value.
When spec'ing a truck, it is critical to find the balance between building a truck to perform the intended job function and ensuring there will be a strong secondary buyer demand in the resale market at the end of its lifecycle.
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.
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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