AT THE HEART OF THE ROAD TRANSPORT INDUSTRY.

Call our Sales Team on 0208 912 2120

& •tl(( TLI "111111 1 l"

16th April 2009, Page 52
16th April 2009
Page 52
Page 52, 16th April 2009 — & •tl(( TLI "111111 1 l"
Close
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.

Which of the following most accurately describes the problem?

Keywords : Evs, Underwriting

"I think they've bottomed out now but we've yet to see them start to increase," says Jason Addison of Used Trucks Ltd. "You still have to be realistic about what trucks are likely to fetch."

Reflecting the interest in older, less expensive vehicles, at times he finds it difficult to get newer part-exchanges underwritten. "It's easier to find somebody who will underwrite an eightor nine-yearold unit than it is to find someone who will underwrite something that's five years old."

Anybody feeling depressed about the state of the economy should remember one thing, suggests EVS' Anthony Wright.

"There are a lot of hauliers out there who haven't been affected at all," he points out. "They're still doing the same work and getting the same money."

"Things are really tough out there and confidence is low, but it will all blow over," says Andy Smith of Thomas Hardie. "I believe that used truck prices will rocket upwards within the next 12 months."


comments powered by Disqus