Trying to upgrade your equipment right now? Good luck.
According to Americas Commercial Transportation Research Co. (ACT), Class 8 commercial vehicle orders continue to heavily outstrip supply. In fact, the backlog of orders now is at 5 months, passing 126,000 units at the end of April. That makes it quite challenging to update your high-mileage semi, let alone an entire fleet.
We all know that old equipment is a huge financial risk and drain on profits, never mind about lost time and revenue due to repair downtime. In fact, according a recent article in Fleet Owner, “fleets unable to replace aging trucks can see their cost-per-mile triple.”
We’re in the auction business at Manheim Specialty, so obviously our solution is to consider a late-model used truck or trailer in lieu of a tough-to-get new unit. But, self-serving as it sounds, buying a quality used unit at a reputable wholesale auction is an easy and smart alternative with a long list of benefits.
In addition to a regular schedule of heavy truck and equipment auctions at physical locations, dealers can bid and buy at every-other-Thursday Thunder online sales events, or anytime at www.ove.com, Manheim Specialty’s 24/7 bid or buy now wholesale marketplace. There’s never an inventory shortage online – a quick search for Class 8 trucks offered for sale on May 25 offered up 268 choices for buyers, from Ford 450s to Freightliner semis.
Not a dealer? Not a problem: You’re invited to preview inventory and buy from select Manheim locations via the Auction Locator page. Don’t tackle the surging demand for transport services with aging equipment – expand your search for new wheels with a wholesale auction.
Amanda Kent is Manheim's National Heavy Truck & Equipment Manager. A 15-year auction veteran, Amanda has been with Manheim Heavy Truck & Equipment Auctions for two years.
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