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In search of older trucks
Page 69
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It seems every man and his dog is fighting for five-year-old stock as dealers struggle to meet demand. Kevin Swallow reports.
With new sales stalling, domestic traders and exporters are increasingly going head to head in the fight for older stock.
The Society of Motor Manufacturers and Traders' monthly figures show new CVs sales rose 53.2% last month, But the important stat is the rollingyear figure,which is down by a hefty 21.3% from 2006.
The competition for lateyear stock has caused trade to look at five-year-olds, putting it in competition with overseas buyers. George Alexander, commercial vehicle editor at Glass :5 Guide, says Euro-3 tractors are proving popular with Dafs,Volvos and Scanias leading the charge, ahead of Mercs and MANs and I veco's Stralis is now recognised as a capable vehicle.
Charlie Wright of ProTruck Auctions says everyone is competing for stock, which is pushing up the prices of vehicles as one contract-hire customer found out when it put in several 03-registered Renault Premiums. "[The first] fetched f 12,500 then a couple of weeks later [one] fetched £1 5500 and after another couple of weeks [anotherl went for £16,500."
The import market on the Greek side of Cyprus has been relaxed, with buyers who previously only bid for Euro-3 stock now ready to take older vehicles.'Tippers are much in demand in Poland while Dafs are being snapped up by Ukrainians.
-We even sold some stuff into South Africa -1997 and 1998 ERF product and it's the first time we've done that.Wright says. "The Tanzanian market is strong on the 3-Series Scan ia.The price did dip for a while but it's back on song." •