As of May 1, 2019, overall wholesale values for all pickups and Class 4-8 trucks have been consistently declining since same time last year. Pickup trucks have experienced a tumultuous year, with wholesale values currently up over Class 4-8 trucks.
Values are provided by Black Book, and reflect pricing as of May 1, 2019. 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
As of Feb. 1, 2021, all truck classes experienced decreases in wholesale values over the past month.
EPA SmartWay data from 2018 shows Class 7, 8A, and 8B mileage-weighted miles per gallon data for each truck category for SmartWay program participants.
The number of models of zero-emission trucks, buses, and off-road equipment available globally is expected to double between the end of 2019 and 2023.
As of Jan. 1, 2020, all truck classes experienced decreases in wholesale values over the past month.
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.
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.
The pandemic could drive more fleets to consider emergency planning and has increased vehicle operating expenses for many fleets.
As of Nov. 1, 2020, all truck classes declined in overall wholesale values.
How has COVID-19 impacting truck fleets related to their business and overall number of loads? How might it have actually improved things?
As of Oct. 1, 2020, pickup trucks continued the dramatic and steady month-over-month increase in wholesale values from June to October 2020.
As of Sept. 1, 2020, pickup trucks continued the dramatic and steady month-over- increase in wholesale values from June to September 2020.
As of Aug. 1, 2020, pickup trucks saw a huge spike in wholesale values from June to July 2020.