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.
Heavy-duty trucks have experienced the biggest drop of all truck classes in May after a huge comeback in April. It is clear that the current COVID-19 pandemic is having an impact on resale values, but it's still too early to determine the full overall impact.
Values are provided by Black Book, and reflect pricing as of May 1, 2020. 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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