Used Transit Bus Market Experiencing Growth Momentum in the United States, 2015
Transit buses in the US have a minimum useful life of 12 years or 500,000 miles. On an average, nearly 2,200 units of transit buses retire from service and only about 1,800 units of these buses enter the used transit bus market annually. This Frost & Sullivan research service studies the used transit bus market of US. Frost & Sullivan's experts analyze thoroughly the potential growth opportunities in the market, discuss the application, and export markets where these used buses are put into use. It also provides an in-depth analysis of retirement age, depreciation model, sales price, and life cycle cost to name a few.
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