Switchin’ to Glide: Registering glider kits could be a problem
TORONTO, Ont. -- There are hundreds if not thousands of trucks rumbling across this land that aren't really trucks at all. They are legally defined as "an assemblage of parts" that someone has bolted together and turned into a truck. Otherwise known as glider kits, these vehicles create headaches for regulators -- and some may soon cause their owners a little grief as well.
IN PRINT — New to You: Minimize challenges with used trucks
The days of walking around a truck and kicking the tires to see if it's a worthy investment are over. Much of what could cause problems with a used truck is no longer visible to the naked eye. Frankly, if a vehicle has obvious -problems, it's probably wise to avoid it. In the hunt for a reliable machine today, a used truck buyer's best asset is research skills.
Used Truck Prices Still Increasing, Trailer Orders Ease
COLUMBUS, IN - Used heavy truck prices in the U.S. during May took a break from their increasing pace. Commercial vehicle data provider Act Research reports the average cost in April experienced a leveling off, in keeping with the trend of flattening age and mileage, coming in just shy of US$50,000.Compared to April, the average price is up eight percent from last year, with the gains in line for ACT's expectations of five percent to 10 percent price growth in 2015 in the Class 8 sector. Total reported sales volumes of used Class 8 trucks fell to 2,496 units in May, down 11 percent month-over-month, but up three percent year-over-year. "Volume softening can be seen in the retail and wholesale markets, with month over month declines of 12 percent and 14 percent, respectively," said Steve Tam, vice president, commercial vehicle sector with Act Research. "Auction transactions saw a nine percent increase month over month, eight percent above volumes from May 2014. Our guidance for full year 2015 sales remains unchanged."
Used Truck Deals Still Near Record Levels
SOUTHFIELD, MI -- U.S. Transactions of used commercial vehicles in the gross vehicle weight (GVW) 3-8 categories remained near record levels for the 12-months ending March 31, according to new figures from the vehicle industry analysis provider IHS Automotive.