Class 8 Pricing Still Sky-High as Risks Intensify
The auction world opened back up in February 2022, and sales volume followed suit. A large number of model-year 2020 trucks sold this month, which could be a one-month anomaly resulting from the unexpectedly high new truck deliveries in December 2021. Average hammer price for trucks in that category dipped a bit. Also, the 2019s in the group tracked by J.D. Power all had extremely high mileage, which is responsible for their low average price. Otherwise, as of this writing in mid-March, historically high pricing is still with us.
Read more now by downloading the March 2022 Commercial Guidelines below.