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Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by just 0.01% last week.
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For some fleets, a truck’s value does not come up until it’s time for remarketing. But getting the most profit for these assets requires careful planning long before the truck goes up for sale.
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After a steeper decline to start 2014, depreciation is expected to settle into the range of 1% to 1.5% per month for the rest of the year.
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To get the most value from a used truck, fleet managers looking to auction their units should do a little research and be thoroughly prepared.
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