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Tag: used trucks
Dealers
Ritchie Bros. breaks used forklift sales records thanks to online shopping increases
The November Used Equipment Market Trends Summary from Ritchie Bros. notes a record number of forklift and transport truck sales in online auctions. More here.
November 17, 2020
Construction Equipment
Stellar used equipment market softens … a bit. Here’s what’s hot and what’s not.
Although the used equipment market has been steady, it doesn’t mean there won’t be softer prices ahead, especially compared with 12 months ago. “It’s still a strong market, even though it’s not as good as last year,” says Michael Cole with Cole Equipment, a used equipment dealer in Ada, Oklahoma. “The low-hour machines will still […]
August 13, 2019
Class 7-8
Record demand for new heavy trucks outpacing supply, stabilizing prices in bloated used marketplace
Without an influx of new drivers, new trucks are going to push older models to a used truck market that is already saturated with equipment. Details here!
May 23, 2018
Vocational
Used vocational trucks may not remain a buyer’s market for long (Part 4 of a special report)
This is Part 4 of a five-part series on used equipment. Click here to see the other parts of the series. Click here to download the full version of the Used Equipment Report. While much of the sleeper-cab used truck market was spiraling downward earlier this year, used vocational trucks have been a steady bright […]
September 26, 2017
Dealers
Five dealer advantages from using auctions for trucks
More dealers are turning to auction companies as a way to relieve their used truck glut. While auctions typically net lower prices than the retail markets, auctions’ benefits can make up for the difference. The biggest advantage is speed. Instead of turnover measured in months with no sure sign of ending, the auction process is […]
May 2, 2017
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Older Inventory
The used truck market has been shaped by emissions standards and the recession, but lenders’ purse strings are opening.
December 1, 2012
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