As of Oct. 1, 2020, pickup trucks continued the dramatic and steady month-over-month increase in wholesale values from June to October 2020.
Medium-duty Class 5 and 6 as well as Class 7-8 heavy-duty trucks saw a rise in wholesale prices month-over-month. Class 8 heavy-duty trucks recovered from the huge dip seen in August 2020 to rise with the rest of the truck classes. Class 4 medium-duty trucks were still on the rise, although more slowly than the other truck classes.
Values are provided by Black Book, and reflect pricing as of Oct. 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 number of models of zero-emission trucks, buses, and off-road equipment available globally is expected to double between the end of 2019 and 2023.
Spot rates were all about the old adage “what goes up must come down.” After strong growth in 2017 and 2018, rates in 2019 were sharply negative through mid-year before firming.
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?
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!