Economic News

FEBRUARY 2023 USED VEHICLE MARKET UPDATE WHOLESALE PRICE INDEX In February, wholesale prices improved for the second consecutive month. As a result, the J.D. Power Valuation...

The auction market opened back up in February with healthy volume. Buyers are still paying a premium for trucks with low mileage.

CLASS 8 AUCTION UPDATE A typically small number of auctions on the calendar in January 2023 meant a low volume of trucks were sold. Limited data...

USED VEHICLE PRICE INDEX In January wholesale prices stabilized after seven consecutive months of declines. As a result, the J.D. Power Valuation Services Used Vehicle Price...

A typically small number of auctions on the calendar in January meant a low volume of trucks were sold. Those that did sell showed a continuation of market conditions established early last year.

NOVEMBER 2022 WHOLESALE MARKET UPDATE USED VEHICLE PRICE INDEX In November 2022, wholesale prices continued cooling for the fifth consecutive month, which brought the J.D. Power...

FreightWaves Editor-at-Large John Kingston talks to J. D. Power Senior Analyst Chris Visser about the used truck market on the most recent Drilling Deep podcast. Topics...

In October wholesale prices continued cooling for the fourth consecutive month, which brought the J.D. Power Valuation Services Used Vehicle Price Index down to 202.4. While...

October’s Class 8 auction volume was substantially lower than the previous two months. Pricing continued to decline moderately.

CLASS 8 AUCTION UPDATE COMMERCIAL VEHICLE GUIDELINES Auction results for September 2022 were a bit of an upside surprise, with late-model trucks losing minimal value month...