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Ford’s Maverick Hybrid, F-250, and F-350 earn top spots in Vincentric’s Best Value in America Awards, proving their long-term savings for fleets.
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November’s medium- and heavy-duty truck market remained steady, shaped by seasonal trends, economic pressures, and key shifts across specific sectors.
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As of April 1, 2021, pickup trucks and Class 4-6 medium-duty units experienced an increase in wholesale values over the prior month, but heavy-duty Class 7-8 trucks experienced a small dip.
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As of June 1, 2019, overall wholesale values for all pickups and Class 4-8 trucks continued to decline since same time last year.
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Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by just 0.01% last week.
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Overall truck segments are declining but some truckmakers saw increases of up to 5% due to new 1/2-ton pickups.
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Black Book's ValuEngine batch processing tool now offers Enhanced Vehicle Matching, a more precise VIN-level valuation tool powered by machine learning and natural language processing.
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The underlying strength of trucks is best represented by the mid-size truck segment, which, despite no new products, saw prices climb 3%.
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For some fleets, a truck’s value does not come up until it’s time for remarketing. But getting the most profit for these assets requires careful planning long before the truck goes up for sale.
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When weighted for volume, the overall truck segment values (including pickups, SUVs, and vans) decreased by 0.08% last week, which is better than the average decrease of 0.21% per week in the previous four weeks.
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