THE NUMBER 1 RESOURCE FOR VOCATIONAL TRUCK FLEETS
There is a lot that sellers — and buyers — should know about the pre-owned alt-fuel market before selling or purchasing alternative-fuel trucks.
While used truck prices only dipped slightly in August, the 1% year-over-year decline is the first since January 2018, according to ACT Research’s latest report on used Class 3-8 trucks.
Used Class 8 same dealers sales were down 10% in June and prices remained essentially flat, but this used truck dealers say that at current levels, sales and prices are still strong, according to ACT Research.
Volvo Trucks and Mack Trucks are offering factory-backed warranties for each brand’s certified pre-owned trucks.
Spring has come to an end, with cars declining in values greater than trucks.
Commercial Truck Trader announced the addition of an SMS text messaging feature enabling buyers to initiate text conversations about vehicles of interest directly from the relevant listing.
Peterbilt has expanded its 90-day Vehicle Assurance Warranty to cover all Peterbilt Red Oval Certified trucks.
Orders for Class 8 trucks moderated from the record-setting levels of this summer, but were still 21% better than a year ago, according to ACT Research, while used-truck sales improved over September. However, cancellations rose.
Peterbilt announced a new warranty option for Red Oval Certified Pre-Owned truck customers.
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.