Economic News

High-Mileage Trucks Continue to Impact Market CLASS 8 AUCTION UPDATE Sales volume in May 2023 was similar to April 2023, and the number of trucks with...

CLASS 8 AUCTION UPDATE Sales volume was mildly lower in April 2023 than March’s substantial total but it remains elevated as excess capacity is offloaded. Looking...

Sales volume was mildly lower than March’s substantial total but remains elevated as excess capacity is offloaded.

CLASS 8 AUCTION UPDATE Sales volume increased notably in March 2023, with most trucks sold showing higher-than-average mileage. As a result, depreciation accelerated. Looking at three-...

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...