Selling parts helps increase used prices
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A FACTOR helping to ease used vehicle prices upwards may be the number of people buying second-hand trucks in order to dismantle them and sell the spare parts, according to Paul Evans, Iveco director of used vehicle operations.
Vehicle breakers have always been around, but the numbers involved and their activities seem to be increasing.
“They appear to be willing to pay the same amount of money as somebody who is buying a truck to run it, as they know they can sell components and still make a proit,” Evans says. Indeed, a truck may be worth more in pieces than it is intact.
And they are not only interested in Euro-1 and Euro-2 trucks. Breakers have Euro-3s and Euro-4s in their sights too.
“Values of late Euro-3 trucks are rising,” he says. This could be driven by certain operators deciding to buy a Euro-3 truck and equip it with a particulate trap to meet London LEZ requirements from 2012 onwards rather than opt for a – more expensive – Euro-4 vehicle. ■