{"id":3359,"date":"2022-04-22T17:20:07","date_gmt":"2022-04-22T17:20:07","guid":{"rendered":"https:\/\/cantruck.ca\/canadian-used-truck-prices-soar-50\/"},"modified":"2025-01-10T16:43:21","modified_gmt":"2025-01-10T16:43:21","slug":"canadian-used-truck-prices-soar-50","status":"publish","type":"post","link":"https:\/\/cantruck.ca\/fr\/canadian-used-truck-prices-soar-50\/","title":{"rendered":"Canadian Used Truck Prices Soar 50%"},"content":{"rendered":"<div>\n<p><span style=\"font-size: 16px;\">Canada\u2019s used truck tractors are commanding values 50% higher than those paid a year ago, according to Ritchie Bros.\u00a0<\/span><\/p>\n<\/div>\n<div>\n<p>Prices in the U.S. were up 58% year over year, and pricing was strong regardless of the manufacturer, reports Today\u2019s Trucking.<\/p>\n<\/div>\n<div>\n<p>\u201cWe continue to see tight supply and strong end-user demand for equipment across retail and auction markets. Retail values continue to rise month over month, increasing another 2% in March, making that an increase of 24% over the past 16 months,\u201d said Doug Rusch, managing director \u2013 Rouse Sales, in Ritchie Bros\u2019 April Market Trends report for North America.<\/p>\n<\/div>\n<div>\n<p>\u201cAuction values were also up 2% last month, building on the significant 5% increase we saw in February.\u201d<\/p>\n<\/div>\n<div>\n<p>Canada\u2019s used vocational trucks, meanwhile, saw prices increase 30% when comparing the two timeframes.<\/p>\n<\/div>\n<div>\n<p>\u00a0The increases are not limited to on-road equipment, either.<\/p>\n<\/div>\n<div>\n<p>Large earthmoving equipment saw prices rise 11% on this side of the border, while used medium earthmoving equipment prices were up 31%.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Canada\u2019s used truck tractors are commanding values 50% higher than those paid a year ago, according to Ritchie Bros.\u00a0 Prices in the U.S. were up 58% year over year, and&#8230;<\/p>\n","protected":false},"author":2,"featured_media":1396,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center 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