As of Feb. 1, 2021, all truck classes experienced decreases in wholesale values over the past month.
After a small bump in January 2021, all truck classes from pickups to medium-duty Class 5-6 as well as Class 7-8 heavy-duty trucks continued to see month-over-month decreases in wholesale prices since October 2020. Class 8 heavy-duty trucks recovered from the huge dip seen in August 2020 but have are back on a downward trend once again.
Values are provided by Black Book, and reflect pricing as of Feb. 1, 2021. 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
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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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