Auction and Retail Pricing Diverged in July

By Chris Visser

The Class 8 sleeper auction market continues to surprise on the upside, with pricing settled in at a level slightly higher than the most recent pre-pandemic bull market when adjusted for inflation. The Class 8 retail market is behaving more in line with predictions, continuing to depreciate at a rate about 1.5% higher than historic average. Freight volume and rates compared with the supply and availability of trucks suggest downward pressure on selling prices, although the worst of the correction should be behind us.

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