As of Jan. 1, 2020, all truck classes have experienced decreases in wholesale values over the past month.
As a matter of fact, all truck classes from pickups to medium-duty Class 5-6 as well as Class 7-8 heavy-duty trucks have been seeing decreases in wholesale prices month-over-month since October 2020. Class 8 heavy-duty trucks recovered from the huge dip seen in August 2020 but have continued to level out from the climb in October.
Values are provided by Black Book, and reflect pricing as of Jan. 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
Although labor issues remain a significant challenge for respondents in the National Private Truck Council's annual survey, they continued to report retention and turnover performance far better than their for-hire colleagues.
Heavy-duty truck driver and tractor-trailer driver wages and employment rates vary greatly by state.
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