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Used Vehicle Values

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September 5, 2017 - Industry News

Wholesale Medium-Duty Truck Values Continue to Fall

Photo via Wikimedia.

Depreciation among wholesale medium-duty trucks continued to rise through July and August, according to Black Book’s September Specialty Markets report.

Tags: Remarketing, Black Book, Medium-Duty Trucks, Used Vehicle Values

August 15, 2017 - Industry News

Used Truck Prices Hold Firm in July

According to J.D. Powers, the average sleeper tractor retailed last month was 74 months old, had 443,714 miles and sold for $47,728. Photo: Evan Lockridge

J.D. Powers analysts found prices for used trucks remain high as volume levels dropped, while retail prices continue to hold steady as well.

Tags: J.D. Power, Class 8, Used Vehicle Sales, Used Vehicle Values

August 8, 2017 - Industry News

Medium-Duty Truck Values Stumble This Summer

Courtesy of Wikimedia.

As the summer season continues, one trend is emerging for medium-duty trucks — declining auction prices, according to Black Book’s August Specialty Markets report.

Tags: Black Book, Medium-Duty Trucks, Remkarketing, Used Vehicle Values, Used Truck Sales

May 12, 2017 - Industry News

Economic Watch: Retail Sales Bounce Back along with Inflation Pressures

Retail sales in the U.S. bounced back in April after falling the month before as two readings of inflation also rebounded, all raising the prospect that the Federal Reserve will increase interest rates again in June.

Tags: Economy, Retail Sales, Interest Rates, Consumer Prices, Federal Reserve, Used Vehicle Values

March 15, 2017 - Industry News

Economic Watch: Fed Pushes Interest Rates Higher Amid Improving Signs

The Federal Reserve on Wednesday increased the nation’s benchmark interest rate for the third time since its first hike in nearly a decade in December 2015, amid evidence of a steady economy and indications of more interest rate increases later this year.

Tags: Economy, Retail Sales, Interest Rates, Consumer Prices, Federal Reserve, Producer Prices, Used Vehicle Values

February 15, 2017 - Industry News

Economic Watch: Retail Sales Jump But Price Pressures Building

Retail sales, one of the largest drivers of the U.S. economy, advanced in January, pointing to increased overall growth in the first quarter of the year. At the same time, prices on the retail and wholesale level posted big gains, and the manufacturing component for industrial production ticked higher.

Tags: Economy, Retail Sales, Industrial Production, Manufacturing, Consumer Prices, Used Vehicle Values

November 16, 2016 - Industry News

Economic Watch: Growth Continues, Sluggish in Some Areas

While the amount of U.S. industrial production was unchanged in October after falling 0.2% in September, manufacturing managed to squeeze out a gain, as optimism in the housing market continued amid signs of slower than usual growth.

Tags: Economy, Industrial Production, Manufacturing, Producer Prices, Home Building, Used Vehicle Values

October 14, 2016 - Industry News

Economic Watch: Retail Sales Rebound But Consumers Less Upbeat

Retail sales in the U.S. posted a solid gain in September, indicating consumers remain confident about the economy – but a separate report revealed that certainty is being hit by the race for White House.

Tags: Economy, Retail Sales, Consumer Confidence, Consumer Sentiment, Producer Prices, Business Inventories, Used Vehicle Values

August 11, 2016 - Industry News

Used Truck Market Stable, NADA Guide Says

So far in 2016, auction prices have decreased less than 3% per month compared to nearly 5% per month in the second half of 2015.

Tags: Used Vehicle Sales, Used Truck Sales, Used Vehicle Values, Used Trucks

July 15, 2016 - Industry News

Economic Watch: Retail Sales, Industrial Production Improve

A jump in retail sales and industrial output are just two of several economic indicators released Friday showing the economy is performing at least somewhat better, but there are still some lingering concerns.

Tags: Economy, Retail Sales, Industrial Production, Manufacturing, Consumer Prices, Consumer Sentiment, Business Inventories, Used Vehicle Values

June 15, 2016 - Industry News

Economic Watch: Industrial Production Falls, Wholesale Prices Up

A decline in manufacturing activity helped push down the amount of output from the nation’s factories, mines and utilities in May, while prices at the wholesale level moved higher for the second straight month, according to economic reports released Wednesday.

Tags: Economy, Industrial Production, Manufacturing, Producer Prices, Business Inventories, Used Vehicle Values

June 14, 2016 - Industry News

Used Class 8 Auction Volumes Steady but Slow

Photo: Evan Lockridge

Class 8 auction volume has remained steady but well below the second half of 2015, according to analysis of the commercial truck market by the National Automobile Dealers Association.

Tags: Class 8, Pricing, Used Trucks, Used Vehicle Values

May 13, 2016 - Industry News

Economic Watch: Retail Sales, Consumer Sentiment Improve; Wholesale Inflation Returns

One of the biggest drivers of the American economy is showing renewed signs of life as consumers seem to be more upbeat following a sluggish first quarter. However, an economic drag on trucking remains stubbornly high as prices at the wholesale level turned slightly higher.

Tags: Economy, Retail Sales, Business Inventories, Used Vehicle Values, Producer Prices, Consumer Sentiment

April 19, 2016 - Industry News

High Class 8 Supply Reduces Prices in First Quarter

Three- to five-year-old trucks lost about 10% of their retail value and 2.5% of their wholesale value from the fourth quarter of last year to the first quarter of this year.

Tags: Used Vehicles, Used Truck Sales, Used Vehicle Values, NADA

April 13, 2016 - Industry News

Economic Watch: Retail Sales Decline, Keeping Inventories High; PPI Drops

Retail sales in the U.S. disappointed once again last month, causing high inventory levels to fall only marginally while wholesales prices declined, according to three separate reports released on Wednesday.

Tags: Retail Sales, Business Inventories, Producer Prices, Used Vehicle Values, Economy

March 15, 2016 - Industry News

Economic Watch: Retail Sales Slip Again, Key Price Indicator Rises

Retail sales in the U.S. fell for the second consecutive month during February, according to a new preliminary Commerce Department report, raising some concerns about overall economic growth this year.

Tags: Economy, Retail Sales, Interest Rates, Ports, Port Trucking, Federal Reserve, Producer Prices, Used Vehicle Values

February 17, 2016 - Industry News

Economic Watch: Housing Drops as Industrial Production, Inflation Bounce Back

New home starts in the U.S. fell in January to the lowest level in three months, but industrial production, which includes manufacturing, reversed its string of recent declines. At the same time, wholesale prices increased, leading some to believe interest rates may soon move higher.

Tags: Economy, Interest Rates, Industrial Production, Manufacturing, Home Starts, Federal Reserve, Producer Prices, Home Building, Used Vehicle Values

January 19, 2016 - Industry News

Used Vocational Trucks More Plentiful, Less Costly

Daycab and construction trucks behave differently than highway tractors in the used commercial truck market, say analysts at NADA Used Car Guide, a division of J.D. Power and Associates.

Tags: Used Trucks, Used Truck Sales, Used Vehicle Values, Vocational Trucks, J.D. Power, Class 7

January 15, 2016 - Industry News

Economic Watch: Latest Indicators Lagging but Consumers Upbeat

The latest numbers about the state of the American economy show activity has slowed in key sectors, including one of the biggest drivers, with retail sales turning in its weakest improvement since 2009.

Tags: Economy, Retail Sales, Consumer Confidence, Industrial Production, Manufacturing, Producer Prices, Used Vehicle Values

January 8, 2016 - Industry News

Wholesale Tire Marketer TBC Names Commercial Sales VP

Aaron Murphy Photo: TBC

Replacement tire marketer TBC Corp., has named Aaron Murphy vice president of commercial truck tire sales, the company announced.

Tags: Leadership, Tires, TBC, People, Used Vehicle Values

December 14, 2015 - Industry News

NADA: Used Truck Auction Volume Drops, But Market Remains Strong

Analysts at the NADA Used Car Guide say commercial-truck wholesale auction volume dropped "dramatically" during November, while incoming fourth quarter sales data appeared to look stronger than expected.

Tags: Used Truck Sales, Used Vehicle Values, NADA, Auctions

December 11, 2015 - Industry News

Economic Watch: Retail Sales, Producer Prices Jump

Both retail sales and prices at the wholesale level rose the most in months during November, according to two separate economic reports released on Friday. These will join other numbers that will be considered in a few days when the Federal Reserve considers an interest rate hike.

Tags: Economy, Retail Sales, Federal Reserve, Producer Prices, Used Vehicle Values

November 13, 2015 - Industry News

Economic Watch: Latest Numbers Disappoint, More Uncertainty with Fed

While a recent good unemployment report led some to speculate the Federal Reserve will raise interest rates at year-end, new numbers released Friday remind us there's more to the equation.

Tags: Economy, Retail Sales, Unemployment, Consumer Confidence, Employment, Producer Prices, Used Vehicle Values

October 14, 2015 - Industry News

Economic Watch: Retail Sales Barely Increase, Wholesale Prices Drop

Retail sales in the U.S. barely moved higher last month -- about half what many analysts were expecting. With wholesale prices falling the most in eight months. there's more speculation on what will happen with interest rates.

Tags: Economy, Retail Sales, Federal Reserve, Used Vehicle Values

August 25, 2015 - Industry News

Monthly Used Class 8 Truck Orders Remain Flat

Gains on the retail side of the used truck market were offset by decreases in the auction and wholesale markets.

Tags: Retail Sales, ACT Research, Auctions, Used Truck Sales, Used Vehicle Values

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