Economic News

WHOLESALE MARKET UPDATE USED VEHICLE PRICE INDEX The used market continues to exhibit great strength as dealers and shoppers lean on used vehicles to help fill...

August was a low-volume month for the Class 8 auctions, with a combination of fewer auctions on the calendar and fewer trucks sold. As such, there wasn’t much data to get a read on.

July’s auctions results showed buyers are still hungry for sleeper tractors with average to low mileage. Sellers have the upper hand as new truck availability and supply of trades remains tight.

The medium duty market had a strong month in June, with all segments bringing more money month-over-month. Selling prices in 2021 continue to blow away both 2020 and 2019.

Wholesale Auction Prices Peak, Begin Decline After increasing for 24 consecutive weeks, wholesale auction prices declined a slight 0.2% during the week ending June 20. Wholesale...

Retail selling prices continue to accelerate. The newest available sleeper tractors are bringing pricing at or above the highest peak months in the post-Great Recession period.

Medium duty truck pricing continues to benefit from strong demand for last-mile, general freight, contractor, vocational, and many other segments.

After increasing 2% the week ending April 11, wholesale auction prices increased 2.1% during the week ending April 18. The week’s performance extends the streak of...

After increasing 2.5% for the week ending April 4, wholesale auction prices increased 2% during the week ending April 11. The week’s exceptional performance extends the...

Auction pricing for the newest available sleeper tractors continues to shoot into the stratosphere. There are just not enough of these trucks to meet demand.