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11th October 2007
Page 70
Page 70, 11th October 2007 — Prepare for adion
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Which of the following most accurately describes the problem?

The truck market has been through its usual seasonal slowdown, says Manheim CV business

manager Brian Rossington —

but it should be over soon.

Until the summer holiday season started buyers were still hungry for vehicles of any age and spec, but the market has since slowed. However Manheim expects it to pick up again this month.

The marketplace in terms of sourcing vehicles direct from operators remains very quiet. This is still largely due to users' reluctance to swap their Euro-3 vehicles for Euro-4 models, but the introduction of digital tachographs and the approach of Euro-5 are not helping new vehicle purchasers come to a decision on which option is best for them.

All things considered, we don't expect this market to really begin moving again until early 2008. In general, there are plenty of vehicles to choose from in the 7.5-tonne sector and this weight remains very popular with buyers.

We have seen popular models from Daf and Iveco at six years old sell for over £6,000 for tidy examples from respected sources. Conversely, models a year younger with damage and non-standard livery can make the same prices. Dropsides are not as common,so it is not unusual to see a three-yearold Iveco break through the £10,000 mark.

Shortage of 18-tonners

There is still a shortage of newer, clean 18-tonners, as leasing and rental companies are finding customers reluctant to give them up at the end of the contract period.

We are seeing popular models such as MAN boxes selling for around £15,000 at five years of age; at the other end of the scale, Fodens of the same age can be bought for around £9,000.

The number of multi-axle vehicles going through Manheim's auction halls has recently been low, but the stock that does appear is selling at the first time of asking.

For example 2006 Axor 26-tonne curtainsiders are making £42,000444,000, while six-year-old Scania P114 26-tonne fridges can be bought for £15,000£16,000; and 8x4 hook-loaders on premium chassis are being bought for £11.000-£12,000. Tractors are in short supply, but we've had some five-year-old Daf 85.430 6x2 sleeper cabs sell for around £14.000;2001 Daf XF95.430 6x2 Spacecabs achieve £12,500-£13,000; 2001-registered Iveco Eurostar 430 6x2s go for £5,500-£6,000; and seven-year-old Volvo FH l2.4206x2 Globetrotters sell for £9,000-£9,500.

Unusual vehicles with specialist equipment tend to create interest in the marketplace.

We recently sold a 10-year-old Unimog access platform for £22,000;a 2001-registered Whale Vac tank trailer for £35,000; a four-year-old Iveco 18-tonne skiploader for £19,600; and a 2001-registered 18-tonne tipper crane for 115,600.

Static trailer market

Manheim is finding the trailer sector quite static at the moment. With plenty of stock combined with competitive deals from the rental companies, buyers are not showing much interest.

Stock recently sold includes mid-1990s 13.6m fridge trailers making £3,500-£4,000, and early 2000s models achieving £11,500£12,000. Buyers can pick up mid-1990s to early 2000s 13.6m curtainsiders for £1,500-£3,000. •

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Locations: Manheim

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