used trucks
Consumer Prices Rise 0.2% in September; Used Vehicles Spike
(Wilfredo Lee/Associated Press)
U.S. consumer prices rose slightly in September, led again by sharp increases in the index for used vehicles.
October 13, 2020Demand Remains Strong for Used Class 8s in January
Trucks at the Ritchie Bros. auction. (CNW Group/Ritchie Bros. Auctioneers)
Sales of used Class 8 trucks in January fell compared with a year ago, but the average heavy-duty truck brought 10% more money as customer demand remained strong amid a shortage of trucks, ACT Research Co. reported.
February 28, 2019Tight Inventory Raises September Used Truck Prices
Used Kenworth and Peterbilt trucks on a sales lot. (TruckPR/Flickr)
The sale price of the average Class 8 used truck jumped 13% in September amid ongoing demand for trucks in a market where freight is plentiful and capacity is tight, ACT Research Co. reported.
October 26, 2018Used Truck Prices Jump 16% in August
A bid catcher takes bids during an auction in Fort Worth, Texas. (Ritchie Bros. Auctioneers)
Strong demand for used trucks continued in August as the average price of a Class 8 vehicle jumped 16% year-over-year in the midst of a historically strong freight market, ACT Research reported.
September 27, 2018Editorial: This Hot Market and Used Trucks
Used trucks are a hot commodity, a reflection of the robust demand for capacity that the trucking industry currently enjoys.
May 31, 2018Used Truck Sales Rise 9% in April
A used truck lot. (John Sommers II for Transport Topics)
Used truck sales in April reached 22,900, up 9% from 21,000 in the same month in 2017, according to ACT Research Co.’s industrywide estimate.
May 25, 2018Ryder System Launches Preventive Maintenance Program for Its Pre-Owned Vehicles
John Sommers II for Transport Topics
Ryder System launched a preventive maintenance program for its pre-owned vehicles, the Miami-based company said. Under the program, customers can finance or prepay for their selected preventive maintenance plan when they purchase a pre-owned vehicle, the company said.
July 5, 2017Late-Model Equipment Lifts Used-Truck Prices
John Sommers II for Transport Topics
Used-truck pricing has remained at historically high levels, supported by an ongoing market shift toward more valuable late-model equipment, industry analysts said.
July 6, 2015Prices for Used Trucks Continue to Rise as More Late Models Hit the Marketplace
Used-truck values reached a record in October, with the average price for a sleeper cab at just more than $61,000, the American Truck Dealers reported.
January 5, 2015Used-Truck Prices Hold Near Record Highs, Despite More Late Models Hitting Market
Prices for used trucks in the United States remain near record highs as strong demand outweighs a growing supply of late-model units, dealers and analysts said.
October 20, 2014