{"id":4819,"date":"2012-07-28T00:25:39","date_gmt":"2012-07-28T00:25:39","guid":{"rendered":"http:\/\/findfreightloads.com\/blog\/?p=4819"},"modified":"2012-07-28T00:25:39","modified_gmt":"2012-07-28T00:25:39","slug":"mixed-new-truck-climate-did-not-affect-used-truck-pricing","status":"publish","type":"post","link":"https:\/\/findfreightloads.com\/blog\/mixed-new-truck-climate-did-not-affect-used-truck-pricing\/","title":{"rendered":"Mixed New-Truck Climate Did Not Affect Used-Truck Pricing"},"content":{"rendered":"<p>Used-<a href=\"http:\/\/freightbrokerscourse.com\/\">truck <\/a>pricing stayed high in June, even as new-truck orders fell, according to Chris Visser, senior analyst for American Truck Dealers Official Commercial Truck Guide.<\/p>\n<p>In his Commercial Truck Blog, Visser reports that preliminary data indicates that used-truck pricing remained at a historically high level in June, despite steadily declining new-truck orders.<\/p>\n<p>The ATD\/NADA Commercial Truck Guide is predicting a modest increase in the average selling price of a sleeper <a href=\"http:\/\/cdlapps.com\/\">tractor <\/a>in June, up about 5% to 7% over May&#8217;s price of $48,026.<\/p>\n<p>Visser attributes continued strength in the used market to an ongoing shortage of late-model, low-mileage trucks.<\/p>\n<p>&#8220;Truck manufacturers can build as many new trucks as the market demands, but they can&#8217;t alleviate the shortage of late-model used trucks,&#8221; Visser said.<\/p>\n<p>New truck orders have fallen for the last four out of five months, and are now at a level not seen since immediately before the rebound in late 2010, Visser said. However, new truck sales are still healthy, recovering from a dip early in 2012 to return to a level higher than all of last year save for December. Used truck sales per dealership took a steep dive in May, and preliminary June results indicate a very slight uptick that still leave the results in the &#8220;unusually low&#8221; category.<\/p>\n<p>All this has not affected used-truck pricing to any noticeable extent, Visser said.<\/p>\n<p>&#8220;There is one big reason for the disconnect in new vs. used truck market trends: Supply. The strength in used truck pricing since late 2009 is largely due to the low returning supply of 2008-2011 model year trucks, which has resulted in a shortage of late-model, low-<a href=\"http:\/\/dacoff.com\/\">mileage <\/a>iron. There is no such shortage on the new side.&#8221;<\/p>\n<p><a href=\"http:\/\/rightnowloads.com\/\">http:\/\/rightnowloads.com\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Used-truck pricing stayed high in June, even as new-truck orders fell, according to Chris Visser, senior analyst for American Truck Dealers Official Commercial Truck Guide. In his Commercial Truck Blog, Visser reports that preliminary data indicates that used-truck pricing remained at a historically high level in June, despite steadily declining new-truck orders. The ATD\/NADA Commercial [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4820,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/posts\/4819"}],"collection":[{"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/comments?post=4819"}],"version-history":[{"count":2,"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/posts\/4819\/revisions"}],"predecessor-version":[{"id":4822,"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/posts\/4819\/revisions\/4822"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/media\/4820"}],"wp:attachment":[{"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/media?parent=4819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/categories?post=4819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/tags?post=4819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}