Noi Mahoney
Thursday, June 8, 2023
National truck dealership exiting Texas, blames state regulations
Arrow Truck Sales is closing its branches in Dallas, Houston and San Antonio due to state regulations on dealerships.
Arrow Truck Sales is closing its branches in Dallas, Houston and San Antonio due to state regulations on dealerships.
Used-truck prices are down slightly this year and some fleets looking to trade in their vehicles may be finding the residual value they expected to get when they acquired these trucks in 2013/14 are just not there right now.
While many fleets simply trade in their older equipment for newer equipment and forget about it, the value of used trucks can influence how many new trucks you can buy. That’s why paying attention to the used market can be a good financial strategy for determining trade cycles.