PRICES: Roof Over Trucks

The emergency brake was pulled last week on one of the most profitable, fastest-growing of U.S. wartime markets — used trucks. OPA put a ceiling over used-truck prices as of April 26, scaled maximum prices from 68% of the new price (six-year-old trucks) to 97% of the new price (trucklets six months young or less).

The order was needed. Ever since WPB halted civilian truck production a year ago, the demand for good used trucks has been whopping. Prices soared 150-200% above normal; speculators bought trucks right & left, cached them away for...

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