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Truck and trailer price crash

Discussion in 'Ask An Owner Operator' started by scoobertdoo, May 27, 2023.

Page 1 of 4
  1. May 27, 2023 #1
    scoobertdoo

    scoobertdoo Road Train Member

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    Nov 11, 2020
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    What is going on with these prices?
    I am seeing road worthy trucks under 20K,
    Reefers from 2016 under 30K

    How is this even possible?
     
    scoobertdoo, May 27, 2023
    scoobertdoo, May 27, 2023
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  3. May 27, 2023 #2
    Opus

    Opus Road Train Member

    14,421
    75,568
    Dec 18, 2011
    South GA
    0
    Supply - Demand = Price
     
    Opus, May 27, 2023
    Opus, May 27, 2023
    #2 + Quote Reply
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  4. May 27, 2023 #3
    Big Road Skateboard

    Big Road Skateboard Road Train Member

    3,587
    16,425
    May 2, 2021
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    Big Road Skateboard, May 27, 2023
    Big Road Skateboard, May 27, 2023
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  5. May 27, 2023 #4
    tarmadilo

    tarmadilo Road Train Member

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    Dec 12, 2018
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    Natural fluctuations in the market. They got so expensive that sales slowed down. Prices will be low for a while and then climb back up. Rinse and repeat!
     
    tarmadilo, May 27, 2023
    tarmadilo, May 27, 2023
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  7. May 27, 2023 #5
    LameMule

    LameMule Road Train Member

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    Jan 19, 2020
    Montana
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    Survival of the fittest, natural selection, free market
     
    LameMule, May 27, 2023
    LameMule, May 27, 2023
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  8. May 27, 2023 #6
    Long FLD

    Long FLD Road Train Member

    8,680
    33,311
    Mar 4, 2015
    0
    The demand isn’t there anymore to artificially inflate used equipment prices. New prices will eventually drop but not until the dealers are sitting on a bunch of inventory.
     
    Long FLD, May 27, 2023
    Long FLD, May 27, 2023
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  9. May 27, 2023 #7
    scoobertdoo

    scoobertdoo Road Train Member

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    Nov 11, 2020
    0
    Imagine being on of those people who paid 65K for a 10 year old reefer 6 months ago, or 100K for an 8 year old truck with 730,000 miles....
    or... a quarter mil for a new truck.

    I am hoping replacement engine prices come down soon.
     
    scoobertdoo, May 27, 2023
    scoobertdoo, May 27, 2023
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  10. May 27, 2023 #8
    Knightcrawler

    Knightcrawler Medium Load Member

    637
    1,061
    Apr 10, 2017
    Mpls, Mn
    0
    Yeah, my truck hit 3 years old last Jan and I was going to trade it in, but not at 250k. Screw that.
     
    Knightcrawler, May 27, 2023
    Knightcrawler, May 27, 2023
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  11. May 27, 2023 #9
    LameMule

    LameMule Road Train Member

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    Jan 19, 2020
    Montana
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    I just drive faster and haul twice as much freight to make more $ at 1.50/mile!
     
    LameMule, May 27, 2023
    LameMule, May 27, 2023
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  12. May 27, 2023 #10
    D.Tibbitt

    D.Tibbitt Road Train Member

    19,643
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    Apr 26, 2013
    Gettin' down westbound
    0
    Its been that way for awhile.. The comical part is every dude with a long hood pile of #### thats 30+years old is still asking 90k+ ... The disconnect is real.
     
    D.Tibbitt, May 27, 2023
    D.Tibbitt, May 27, 2023
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