Allstate Peterbilt Group Official Blog
Home » Buying Advice » Planning for the Next Round of Emission Regulations “GHG Phase 2”
Planning for the Next Round of Emission Regulations “GHG Phase 2”
By Product Expert | Posted in Buying Advice, Cummins Engines, Driver Info, New Technology, News & Info, PACCAR Engines on Thursday, December 8th, 2016 at 2:52 pm
By Tom Wentworth
General Sales Manager
Allstate Peterbilt Group
Have you ever thought it would have been nice to have a “do over” on how you planned for 2007 and the first DPF trucks required by the EPA? If so, Greenhouse Gas Phase 2 may provide you with your chance. By the time you read this president Obama will most likely have signed the latest emission reduction proposal into law. It may be worth a quick google search of the topic which will provide you with dozens of articles detailing the new requirements.
Although phase two is still a couple years away, there may be noticeable changes coming sooner as manufactures can earn credits by meeting the requirements early. This could mean that you may not be able to get some options you have had in the past and they may require newer more expensive technologies which are needed to meet the new efficiency standards.
Phase 2 is much more aggressive than phase 1 and the costs are likely to be much higher, there is some speculation about just how much more trucks will cost but it is safe to say it will be several thousand dollars by the time we meet the final year of the program.
During 2007 we saw a large pre-buy leading up to the new EPA requirements which brought longer lead times, higher prices and lower trade values. Now is a perfect time to start planning purchases for the next several years and looking at what the market might be doing at the time that you need to add or replace trucks.
Trucks being built today are achieving record fuel economy and require less maintenance than in previous years. Used truck values have stabilized and new truck pricing is aggressive as manufactures have the capacity to build more trucks. It may make sense to take advantage of these current conditions rather than wait for the coming changes to take place!
Photo courtesy of United States Environmental Protection Agency
More From Allstate Peterbilt
This entry was posted on Thursday, December 8th, 2016 at 2:52 pm and is filed under Buying Advice, Cummins Engines, Driver Info, New Technology, News & Info, PACCAR Engines. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
- January 2022
- December 2021
- November 2021
- October 2021
- August 2021
- July 2021
- June 2021
- April 2021
- March 2021
- February 2021
- January 2021
- March 2020
- February 2020
- August 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- December 2018
- September 2018
- February 2018
- December 2017
- November 2017
- August 2017
- July 2017
- June 2017
- May 2017
- March 2017
- February 2017
- December 2016
- Alternative Fuel Models
- Buying Advice
- Certified Pre-Owned
- Cummins Engines
- Diesel Technicians & Mechanics
- Driver Info
- Financing
- Fleet Models
- Ford Super Duty
- Join Our Team
- Leasing
- Local Events
- Mobile Service
- New Technology
- News & Info
- PACCAR Engines
- Peterbilt 220
- Peterbilt 320
- Peterbilt 379
- Peterbilt 389
- Peterbilt 520
- Peterbilt 567
- Peterbilt 579
- Peterbilt Preferred
- Peterbilt Refuse Models
- Rentals
- Rules and Regulations
- Service and Parts
- Trucking Industry Information
- Uncategorized
- Used
- Vocational