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Good News on the Truck Front!

September 10, 2008 | | Auto Industry

Thanks to Automotive News for the following info:

 

STUDY: USED TRUCK PRICES REBOUND: Falling gasoline prices helped boost wholesale prices of large used trucks in August, NADA AuctionNet data show. Average August wholesale prices of used full-sized pickups rose 7.7 percent — about $900 — from June 30, when gasoline prices peaked, according to AuctionNet. From Jan. 1 to Aug. 31, prices of big used pickups declined 14.5 percent. Similarly, August auction prices of large SUVs rose 8.9 percent — about $1,300– from June 30, but were down 11.3 percent for the year.

Automotive News, September 9, 2008

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