Economic News

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...

September’s auction results were a bit of an upside surprise, with late-model trucks losing minimal value month-over-month. Volume was similar to August.

Auction channels sold a moderately higher volume of trucks in August 2022 as fleets continued to offload their highest-mileage units and owner-operators continued to shift back...

Used-vehicle prices remain exceptionally elevated from a historical perspective, though the market continues to cool from the all-time highs that it recently experienced. In August, wholesale...

Depreciation for trucks with mileage solidly in the median for their model year appears to have relaxed this month.

JULY 2022 WHOLESALE MARKET UPDATE USED VEHICLE PRICE INDEX The used-vehicle market remains exceptionally strong, however, wholesale prices cooled slightly in July 2022. As a result...

CLASS 8 AUCTION UPDATE Auction volume in July 2022 was lower than June 2022 but is trending generally upward as fleets offload their highest-mileage units and...

July saw a smaller month-over-month drop than June, suggesting buyers are still out there for the most desirable trucks in the marketplace.