Used Trucks
Words: Steve Banner
GOING UPGOING DOWN
Above: Clean, late-year, low-mileage DAFs are continuing to command premium prices Right: DAF sells used trucks under the First Choice scheme
A unique set of circumstances has put the UK used truck market in a hitherto unknown situation. Here we explain just what’s going on and assess where the future might lead
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haracterised by skyhigh prices and a chronic shortage of stock in recent months, the overheated used truck market may have started to cool down at last. “The stock situation has eased and things are quieter than they were,” says Mark Robbins, Used Vehicle Sales Manager at Iveco dealership South West Truck & Van. “Maybe customers have decided to wait until prices go down.” Clean, late-year, low-mileage trucks
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are continuing to command premium prices, but older high-mileage examples appear to be going off the boil. So says Paul Young, Regional Asset Manager at PACCAR Financial Europe, who regularly disposes of significant volumes of ex-contract DAFs in the UK. PACCAR is DAF’s US-owned parent company. “A well-known rental company recently disposed of a number of five-year-old 18-tonne box vans,” he observes. “They made around £24,000
summer 2022
each,” he continues. “Four months ago they would have fetched around £35,000.” Some rigids are continuing to command strong prices, however, with tippers well to the fore. At the time of writing, independent dealer D C Commercials was offering a 2019 Volvo FL 250 4x2 tipper that had covered 63,399km for a shade under £70,000 and a 2017 DAF CF 440 eightwheeler tipper grab with 182,340km to its name for nearly £80,000.
