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Buying & Selling Used Trucks in 2020

Despite a rollercoaster year, demand for trucks is strong — so strong that it is expected to outpace supply. This is refiring an interest in both buying and selling used units.

J.J. Kane Sets Online Auction Record on Proxibid

J.J. Kane Auctioneers’ timed, online only auction of power line, utility, and construction fleet equipment has surpassed previous such online sales records on Proxibid. The auction topped $4.1 million with nearly 850 online bidders participating.

Used Truck Volumes Increase at Auctions

A summer lull in used auction volume ended this past September, according to findings in NADA Used Car Guide's recent Commercial Truck Guidelines report.

Ritchie Bros. Acquires IronPlanet

Vancouver-based Ritchie Bros. Auctioneers has acquired online auctioneer IronPlanet of Pleasanton, Calif., for $758.5 million, the company announced.

More Options For Buying Used

Low interest rates for loans and growing supplies of used equipment help buyers, and there are hundreds of places to shop.

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