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Used market set to grow
Page 15
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11 High interest rates could force many operators to start buying secondhand again, according to north-western used trailer specialist John Bradley Commercials.
Managing director John Bradley reckons that the secondhand market for all commercials is depressed because those operators still buying equipment are opting for new vehicles. But, he predicts that the growing effect of high interest rates will force them to look again at the secondhand market in order to replace ageing stock.
Bradley has recently corn pleted a major £350,000 investment in a new site on Moss Side industrial estate at Leyland, Lancs.
The site has hardstanding for up to 50 trailers. Most of Bradley's stock is drawn from a national UK trailer rental company with which he has a contract to sell some 400 trailers during 1989.
"The secondhand market is still up and down and very inconsistent," says Bradley resignedly. "Some weeks it can be very quiet, although I've recently had some large customers taking up to 20 trailers at a time."