Day: November 25, 2020

Truck Sales Up and Prices Stay Low

Used truck sales have increased to new highs in the past few months as the economy takes a turn for the worst. In the past several months, truck sales have hit a record high, which is the largest gain in sales in four years. The increase in sales comes as thousands of jobs have been lost in recent months in the transportation sector, with many trucking companies reporting a decrease in sales even after they have been made whole again with the loss of jobs. However, with sales up and unemployment down, there are still plenty of people who are willing to spend on a used truck and it has been noted that prices on used trucks are still extremely low. Truck Sales Up and Prices Stay Low While there is no doubt that the economy will take a turn for the worse, the fact that sales have increased on a monthly basis makes it clear that there is still a market for trucks. This market, along with a good economy, is expected to continue on an upward slope in the future. In fact, ….