Ritchie Bros sale

[Rob]

Anybody else been watching your equipment values drop like a stone? 2022 dry vans at 38k 2023 T680 KW with 40k on it $175k, any truck with over 500k did not see one go over 45k. Those 10 year old trailers folks where paying through the nose for are back to 5k or less some a lot less. Fun times..

 

[JACKBURTON]

Anybody else been watching your equipment values drop like a stone? 2022 dry vans at 38k 2023 T680 KW with 40k on it $175k, any truck with over 500k did not see one go over 45k. Those 10 year old trailers folks where paying through the nose for are back to 5k or less some a lot less. Fun times.

Is anyone making a surprised face? Carriers that didn't lose their minds a few years ago have lots of opportunity to jump on some of these gems.
Or any lunatics that think now is a good time to jump into the trucking business with some cheap equipment...

 

[Igor Galanter]

I did, because I'm traveling in an opposite direction, if you know what I mean..

 

[JACKBURTON]

I did, because I'm traveling in an opposite direction, if you know what I mean..