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Here are two things you need to know about buying a truck: it takes big bucks to play with big trucks, and there no such thing as a free lunch. Keep those two things in mind while planning your business strategy and you'll double your chance of success.
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New analysis from the vehicle data services provider Polk identified 171,724 used commercial vehicle registrations in the first quarter of the year, an increase of 4.7% when compared to used registrations during the first quarter of 2012.
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Every day, thousands of used trucks change hands. Last year, 190,000 were sold, and though this year's tally might be lower, it's still a healthy business that sometimes mirrors new-truck sales. That this market is intrinsically tied to new trucks becomes more apparent at times like now, when supplies of late-model power units are growing scarce.
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The used truck market enjoyed a second consecutive month of improved volumes in March as the auction market roared back to life in March, growing 126% giving the overall market a 4% boost month over month.
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Is it time to replace your old truck or tractor? Is it old enough that its engine has none of the exhaust-emissions equipment that’s been giving people fits in recent years? Have you decided to take the plunge anyway because your vehicle is just plain worn out? Here's what you need to know about emissions equipment when buying a used truck built in the last decade.
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ATD will celebrate its 50th convention in Orlando Feb 8-11.
Read More →The wholesale used market was the only segment to grow from 2011 to 2012, up 3%. The auction and retail markets both fell 11%.
Read More →After a brief hiatus in September, the used truck market appears to moving in the right direction, as Class 8 unit sales improved 6% month-over-month
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