As of July 1, 2020, average wholesale values for all model-year 2015-2017 truck classes experienced some form of increase in value, except Class 7 medium-duty. Pickup trucks experienced a large increase in values, while Class 4 and Class saw moderate increases.
Class 5 and Class 6 stayed stable, while Class 7 decreased slightly.
Values are provided by Black Book, and reflect pricing as of July 1, 2020. Black Book truck prices are updated regularly, and reflect wholesale values gathered from auctions around the country via onsite personnel and data feeds. Retail values are based on market studies.
By Work Truck
The pandemic could drive more fleets to consider emergency planning and has increased vehicle operating expenses for many fleets.
How has COVID-19 impacting truck fleets related to their business and overall number of loads? How might it have actually improved things?
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