Economic News

A substantial volume of trucks with higher-than-average mileage sold in May. The market is absorbing trucks from owner-operators leaving the industry or going to work for a fleet, and also from larger fleets no longer retaining all of their older iron as new trucks trickle in.

After 18 months of unprecedented price appreciation, used truck pricing has crested the peak. Pricing is still extremely high by historical standards—particularly for the newest trucks...

The medium duty conventional market went a bit haywire in April, with an unusually large volume of newer trucks selling in the two segments we track...

The used vehicle market remains exceptionally strong, wholesale prices grew slightly for the second consecutive month, which helped elevate the Valuation Services Used Vehicle Price Index...

Pricing is still extremely high by historical standards, but hammer prices for all trucks sold in April (particularly the second half of the month) were noticeably lower than earlier in the year.

Trucks with average to low mileage continue to bring extremely high hammer prices, while high-mileage trucks appear to be returning to more typical depreciation patterns.

USED VEHICLE PRICE INDEX Wholesale prices were down for the second consecutive month in February 2022, which brought the JD Power Valuation Services Used Vehicle Price...

USED VEHICLE PRICE INDEX Wholesale prices softened a bit from December 2021, which brought the Valuation Services Used Vehicle Price Index down approximately four points to...

DECEMBER 2021 WHOLESALE MARKET UPDATE USED VEHICLE PRICE INDEX The used vehicle market remained hotter than ever in December 2021 as used prices closed the year...

The used market continues running at historic levels. In November 2021, used prices increased for a fourth consecutive month, bringing the JD Power Valuation Services Used...