July 2023 results are in from the Ritchie Bros. Auction market update! Are used truck prices falling?!
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Join Ronen as he delves into the July 2023 Ritchie Bros. Auction results, shedding light on the current state of the used truck market. In this video, Ronen provides a comprehensive overview of sales for popular 2020 truck models, such as Freightliners, Kenworths, Volvos, Peterbilts, and Internationals.
Discover how the prices are faring and whether it's a buyer's or seller's market. Plus, stay tuned for our monthly updates covering not just trucks, but also trailers, Dry Vans, Reefers, and Flatbeds, giving you valuable insights into the ever-changing auction landscape. Don't miss out on the latest market trends - hit the subscribe button and stay informed!
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📚 Chapters
00:00 Introduction - How is the Used Truck Market Doing?
00:18 Ritchie Bros. Auction Results - 2020 Truck Model Sales
00:29 Predicting the Used Market Prices will Keep Falling
00:41 Latest Results of the Ritchie Bros. Auction - July 2023
00:51 2020 Kenworth's Truck Auction Sales - July 2023
01:23 2020 Peterbilt's Truck Auction Sales - July 2023
01:59 2020 International's Truck Auction Sales - July 2023
02:29 Volvo's Truck Auction Sales - July 2023
03:02 2020 Freightliner's Truck Auction Sales - July 2023
04:56 Why are there so many Freightliner sales in the Ritchie Bros. Auction?
05:39 Prices for Use Trucks are Falling!
05:54 Dealership Mark-Up Prices on Trucks are Extremely High
06:22 What is the biggest business within a dealership?
06:34 How many trucks were sold in the latest Ritchie Bros. Auction in July 2023?
06:49 What to do if you are planning on buying a used semi truck
07:16 Check out our previous videos on the latest Ritchie Bros. Auction results!
07:34 Monthly videos analyzing truck sales in the Ritchie Bros. Auction
07:46 Monthly videos analyzing trailer sales in the Ritchie Bros. Auction
08:01 Conclusion - Ritchie Bros. Auction Results from July 2023
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