{"id":1517,"date":"2016-10-05T15:27:23","date_gmt":"2016-10-05T19:27:23","guid":{"rendered":"https:\/\/www.alltruckjobs.com\/blog\/?p=1517"},"modified":"2017-01-03T16:10:11","modified_gmt":"2017-01-03T21:10:11","slug":"retiring-a-truck","status":"publish","type":"post","link":"https:\/\/www.alltruckjobs.com\/blog\/retiring-a-truck\/","title":{"rendered":"Retiring a Truck: Choosing the Right Time"},"content":{"rendered":"\n\n
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Deciding the right time to retire your companion on the road can be a difficult decision. Wear and tear<\/a> or new technology<\/a> are just a few reasons many truckers opt to trade in their rig. It\u2019s important to take in a variety of factors when planning out a trade cycle for your vehicles. Retiring a truck can be a daunting and emotional process, so it\u2019s important to know when, and how to park your big rig for good.<\/p>\n

Trade Cycles <\/strong><\/p>\n

A trade cycle is basically the length of time and process of trading in a vehicle for a different one. According to\u00a0GE Capital Fleet Services\u00a0(GECFS), \u201caccelerated and optimal replacement analyses\u201d provided a \u201cmajor cost savings opportunities\u201d for fleets in 2012. And while those savings last year were \u201cpaced by a robust resale market,\u201d the company pointed out that taking an analytical approach to trade cycles is always beneficial. Remember that retiring a truck is a process that should be carefully thought out, and there are a variety of factors that come into play when deciding to retire your rig:<\/p>\n