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2020 Fleet Statistics: Medium & Heavy-Duty Auction & Retail Sales

2020 Fleet Statistics: Medium & Heavy-Duty Auction & Retail Sales

2020 Fleet Statistics: Medium & Heavy-Duty Auction & Retail Sales

Looking at the average price of the benchmark sleeper tractor sold through the two largest nationwide no-reserve auction companies, Class 8 auction volume increased in June, reflecting high levels of off-lease supply and mild to moderate increase in demand. Pricing was fairly stable for late-model trucks, and low-mileage trucks look to be increasing in value. Conditions in the second half will depend on the degree of economic reopening.

In every class, retail sales saw year-over-year decreases, presumably caused by the COVID-19 outbreak. The Class 8 market saw the biggest decline, with sales plummeting more than 60% in May 2020 compared to May 2019.

By Heavy Duty Trucking

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Statistics

2020 Fleet Statistics: Disaster Planning & COVID-19

2020 Fleet Statistics: Disaster Planning & COVID-19

The pandemic could drive more fleets to consider emergency planning and has increased vehicle operating expenses for many fleets.

Used-Truck Prices November 2020

Used-Truck Prices November 2020

As of Nov. 1, 2020, all truck classes declined in overall wholesale values.

2020 Fleet Statistics: The Business Impact of COVID-19

2020 Fleet Statistics: The Business Impact of COVID-19

How has COVID-19 impacting truck fleets related to their business and overall number of loads? How might it have actually improved things?

Used-Truck Prices October 2020

Used-Truck Prices October 2020

As of Oct. 1, 2020, pickup trucks continued the dramatic and steady month-over-month increase in wholesale values from June to October 2020.

Used-Truck Prices September 2020

Used-Truck Prices September 2020

As of Sept. 1, 2020, pickup trucks continued the dramatic and steady month-over- increase in wholesale values from June to September 2020.

Used-Truck Prices August 2020

Used-Truck Prices August 2020

As of Aug. 1, 2020, pickup trucks saw a huge spike in wholesale values from June to July 2020.

Used-Truck Prices July 2020

Used-Truck Prices July 2020

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.

Used-Truck Prices June 2020

Used-Truck Prices June 2020

As of June 1, 2020, all truck classes continued to experience a drop in resale values for 2015-2017 model-year units. This is the second month of decreases following the rise in all values in April 2020. 

Used-Truck Prices May 2020

Used-Truck Prices May 2020

As of May 1, 2020, all truck classes experienced a dropin resale values for 2015-2017 model-year units compared with the rise each class saw last month. 

Work Truck's 2nd Maintenance Survey

Work Truck's 2nd Maintenance Survey

Likely one of the most important tasks a fleet manager must handle is vehicle maintenance. A truck that isn’t working can’t accomplish its job; it’s a simple fact.

Used-Truck Prices April 2020

Used-Truck Prices April 2020

As of April 1, 2020, all truck classes experienced a rise in resale values for 2015-2017 model-year units. 

Used-Truck Prices March 2020

Used-Truck Prices March 2020

As of March 1, 2020, we are back to a mix of increases and decreases in 2015-2017 model-year truck resale values.

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