As of June 1, 2022, medium-duty trucks Class 4 through Class 7 experienced a month-over-month drop in overall wholesale values. Pickup trucks were the only vehicle class that experienced a slight uptick in wholesale values in compared to May 2022.
The wholesale values for heavy-duty, Class 8 trucks look more like a rollercoaster ride than any other class between April 2021 and June 2022 - with the largest increases and decreases in value compared to other work truck classifications.
Values are provided by Black Book, and reflect pricing as of June 1, 2022. 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.
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As of Nov. 1, 2020, all truck classes declined in overall wholesale values.
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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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As of Oct. 1, 2020, pickup trucks continued the dramatic and steady month-over-month increase in wholesale values from June to October 2020.
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As of Sept. 1, 2020, pickup trucks continued the dramatic and steady month-over- increase in wholesale values from June to September 2020.
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As of Aug. 1, 2020, pickup trucks saw a huge spike in wholesale values from June to July 2020.
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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.
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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.
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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.
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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.
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As of April 1, 2020, all truck classes experienced a rise in resale values for 2015-2017 model-year units.
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