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Is the market in a decline?
Page 51
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• What with the Jubilee, the World Cup, and people starting to drift off on their summer holidays, its perhaps not surprising that some used truck dealers are reporting that the phones have stopped ringing.
However, Chris Wright, managing director of Commercial Vehicle Auctions, is starting to wonder if all these events are masking an underlying downturn in trade.
"Sure, the World Cup, bank holidays, and so on are bound to have an impact, but if a man needs a truck, he needs a truck," he remarks. "And things have gone very quiet.
"That's said, we're still selling Go to 70% of the trucks that are entered in our sales, and the volume entered hasn't gone down because the leasing companies still have vehicles they need to dispose of," Wright points out.
In a recent sale seven ex-City ERF ECti 380 4x2 tractors came under the hammer—all of 1997 and 19 98 vintage. "They weren't especially tidy, and sold for from £6,250 to £7,500," Wright reports.
Rigids did particularly well, he adds. A Daf 65CF 210 box van—T999 on a Tplate—went for 117,500, while an outof-test Mercedes-Benz Atego 1217 boxvan of the same age and registration sold for £11,800.
An Atego 8157.5-tonner boxvan, 1999 on a T, was disposed of for19,75o.
But how about tractive units?
"Scania 4 Series are getting to be hard work at present, but we sold an R144 460 4x2, 1997 on a P-plate, for Li5,000," says Wright. "It made a lot more than I thought it would."