Statistics covering vehicle remarketing in 2015. In this report, we cover a 20-year used vehicle value index, distribution of auction sales, retail lease penetration rate, and depreciation rates by segment.
By Automotive Fleet
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.
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As of Dec. 1, 2020, all truck classes from pickups to medium-duty Class 5-6 as well as Class 7-8 heavy-duty trucks saw a decrease in wholesale prices month-over-month.
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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 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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The increasing maturity and stability of trucking technology start-ups is evidenced by a decline in the volume of early-stage deals in 2018.
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As of Feb. 1, 2020, all 2015-2017 model-year truck classes experienced an increase in resale values. Class 8, heavy-duty trucks experienced the biggest dip in January 2020 and experienced the biggest rebound in February.
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New truck registrations across the European Union grew by 3.5% last year compared to 2017.
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As of November 1, 2019, pickup truck values have continued a slow, downward trend since a peak in June 2019.
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As in 2017, for-hire and private fleets account for half of aftermarket parts demand of Class 6-8 trucks and trailers.
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Dealers have increased both new and used truck sales. Equipment turns averaged 649,000 miles.
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For U.S. Class 8, orders averaged 40,800 units per month in 2018, but for the first half of 2019, just 14,600 per month.
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The total number of structurally deficient bridges has continued to decrease year-over-year.
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