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Used-Truck Prices February 2020

Used-Truck Prices February 2020

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Used-Truck Prices February 2020

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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Used-Truck Prices June 2022

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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. Dig Deeper: Used-Truck Prices May 2022

Used-Truck Prices May 2022

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As of May 1, 2022, pickup trucks and medium-duty trucks through Class 7 experienced a month-over-month rise in overall wholesale values. After a dip in February 2022, heavy-duty Class 8 trucks experienced an uptick in wholesale values in both March and April.  Values are provided by Black Book, and reflect pricing as of May 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.

Used-Truck Prices April 2022

By Work Truck

As of April 1, 2022, pickup trucks and medium-duty trucks through Class 7 experienced a month-over-month drop in wholesale values. After a dip in February 2022, heavy-duty Class 8 trucks experienced an uptick in wholesale values.  Values are provided by Black Book, and reflect pricing as of April 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.

Used-Truck Prices March 2022

By Work Truck

As of March 1, 2022, all truck classes experienced a stabilitization of wholesale values with pickup trucks taking a slight dip compared to the prior month. The heavy-duty, Class 8 market has continued a downward value trend since its spike in December 2021. Values are provided by Black Book, and reflect pricing as of March 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.

Used-Truck Prices January 2022

By Work Truck

As of Jan. 1, 2022, Class 4-5 and Class 7-8 trucks epxerienced stable used-vehicle wholesale values. Medium-duty Class 6 trucks saw a noticeable increase in prices while pickup trucks saw a slight dip.  Values are provided by Black Book, and reflect pricing as of Jan. 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.

Used-Truck Prices December 2021

By Work Truck

As of Dec. 1, 2021, all truck classes, from pickups to Class 4 medium-duty through heavy-duty Class 8 units, experienced an increase in wholesale values over the prior month. Pickup truck wholesale values experienced the most modest increase month-over-month. Heavy-Duty Class 8 units once again had a dramatic spike in compared to the prior month. Values are provided by Black Book, and reflect pricing as of Dec. 1, 2021. 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. Want More? Used Truck Prices Nov 2021

Used-Truck Prices November 2021

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As of Nov. 1, 2021, all truck classes except pickups, from Class 4 medium-duty to heavy-duty Class 8 units, experienced a decrease in wholesale values over the prior month. Pickup truck wholesale values were the only class that increased month-over-month. Heavy-Duty Class 8 units dropped from their dramatic spike in October 2021. While doiwn, all current wholesale values for model-year 2016 to 2018 trucks included in this listing are at or slightly above average compared to data tracked since same time last year. Values are provided by Black Book, and reflect pricing as of Nov. 1, 2021. 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. Want More? Used Truck Prices August 2021

Used-Truck Prices October 2021

By Work Truck

As of Oct. 1, 2021, average wholesale values for 2016-2018 model-year light-, medium-, and heavy-duty trucks were all over the place. Pickup trucks continued their six-month downard trend but heavy-duty Class 8 trucks saw a huge spike in values not seen in the past year. Except for pickup trucks, all current wholesale values included in this listing are at or slightly above average compared to data tracked since same time last year. Values are provided by Black Book, and reflect pricing as of Oct. 1, 2021. 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. Want More? Used Prices in September 2021

Used-Truck Prices September 2021

By Work Truck

As of September 1, 2021, all truck classes except pickups, from Class 4 medium-duty to heavy-duty class 8 units, experienced an increase in wholesale values over the prior month. Pickup truck wholesale values dropped month-over-month. While up, all current wholesale values for model-year 2016 to 2018 trucks included in this listing are at or slightly above average compared to data tracked since same time last year. Values are provided by Black Book, and reflect pricing as of September 1, 2021. 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. Want More? Used Truck Prices August 2021

Used-Truck Prices July 2021

By Work Truck

As of July 1, 2021, all truck classes from medium-duty Class 4 heavy-duty class 8 units experienced an increase in wholesale values over the prior month. Pickup trucks were the only class to see a decrease in wholesale values.  While up month-over-month, all current wholesale values for model-year 2016 to 2018 trucks included in this listing are still above average compared to data tracked since same time last year. Values are provided by Black Book, and reflect pricing as of July 1, 2021. 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.

Used-Truck Prices June 2021

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As of June 1, 2021, all truck classes from pickups through heavy-duty class 8 units experienced a decrease in wholesale values over the prior month. Class 7 units experienced the highest drop. While down, all current wholesale values for model-year 2016 to 2018 trucks included in this listing are still above average compared to data tracked since April of 2020. Values are provided by Black Book, and reflect pricing as of June 1, 2021. 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.

Used-Truck Prices May 2021

By Work Truck

As of May 1, 2021, all truck classes from pickups through heavy-duty class 8 units experienced an increase in wholesale values over the prior month. Class 7 units experienced the highest increase. All current wholesale values for model-year 2016 to 2018 trucks included in this listing are higher than they have been in the past year.  Values are provided by Black Book, and reflect pricing as of May 1, 2021. 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.

Used-Truck Prices April 2021

By Work Truck

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. Current wholesale values are matching numbers seen around September and October of 2020. Values are provided by Black Book, and reflect pricing as of April 1, 2021. 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.

2020 Fleet Statistics: Private Driver Turnover, Full-Time Driver Snapshot

By Heavy Duty Trucking

Although labor issues remain a significant challenge for respondents in the National Private Truck Council's annual survey, they continued to report retention and turnover performance far better than their for-hire colleagues. (The latest American Trucking Associations turnover figures released, from the third quarter of 2019, showed turnover at large truckload fleets at an annualized rate of 96%, and 73% for smaller fleets.) However, driver turnover continued to creep up, this year reaching close to an all-time high of 18.5%. For comparison purposes, last year, private fleets reported turnover of 16.9%, up a point and a half over the previous year’s 15.4% average turnover.

2020 Fleet Statistics: Truck Driver Wages & Employment

By Heavy Duty Trucking

The average annual wage of heavy-duty and tractor-trailer truck drivers by state and the employment of heavy-duty and tractor-trailer truck drivers by state are shared. Wages ranged from $20,480 median wage in states such as Florida, Idaho, and Maine and up to $59,840 median wage in states such as Nevada and Washington.

Used-Truck Prices March 2021

By Work Truck

As of March. 1, 2021, all truck classes experienced decreases in wholesale values over the past month. After a small dip in February 2021, all truck classes from pickups to medium-duty Class 5-6 as well as Class 7-8 heavy-duty trucks saw month-over-month increases in wholesale prices. Class 8 heavy-duty trucks recovered from the huge dip seen in August 2020, saw a dip in February, and are rebounding once again.  Values are provided by Black Book, and reflect pricing as of March 1, 2021. 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.

2020 Fleet Statistics: Medium & Heavy-Duty Auction & Retail Sales

By Heavy Duty Trucking

Looking at the average price of the benchmark sleeper tractor sold through the two largest nationwide no-reserve auction companies, Class 8 auction volume increased in June, reflecting high levels of off-lease supply and mild to moderate increase in demand. Pricing was fairly stable for late-model trucks, and low-mileage trucks look to be increasing in value. Conditions in the second half will depend on the degree of economic reopening. In every class, retail sales saw year-over-year decreases, presumably caused by the COVID-19 outbreak. The Class 8 market saw the biggest decline, with sales plummeting more than 60% in May 2020 compared to May 2019.

2020 Fleet Statistics: U.S. Class 8 Tractor & Trailer Orders

By Heavy Duty Trucking

While both tractor and trailer sales saw a surge in October of 2019, those numbers quickly started dropping, with a COVID-19-related low in April 2020 of 1,680 tractors and 209 trailers. The trade cycle of Class 8 trucks among private fleets accelerated to 6.3 years from last year's 6.5 years, while the overall trade mileage dropped to 610,000 miles, down 20,000 miles from 2019. Both of this year’s results were quicker than any other trade cycles ever reported in the history of the National Private Truck Council's annual survey. Five years ago the figures stood at 8.7 years and 713,900 miles.

Used-Truck Prices February 2021

By Work Truck

As of Feb. 1, 2021, all truck classes experienced decreases in wholesale values over the past month. After a small bump in January 2021, all truck classes from pickups to medium-duty Class 5-6 as well as Class 7-8 heavy-duty trucks continued to see month-over-month decreases in wholesale prices since October 2020. Class 8 heavy-duty trucks recovered from the huge dip seen in August 2020 but have are back on a downward trend once again.  Values are provided by Black Book, and reflect pricing as of Feb. 1, 2021. 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.

2020 Fleet Statistics: Sustainability and Fuel Consumption

By Heavy Duty Trucking

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. Not surprisingly, Class 7 trucks had the highest urban drive cycle percentages, since many more of these types of trucks are involved with last-mile deliveries, which consist of more stops along the route. Normally, the mpg would be much lower with this type of driving, but the greatly reduced payloads also reduced the fuel consumption. Miles per gallon of single-unit trucks (based on total travel and fuel consumption) increased by 2.7% from 7.3 mpg to 7.5 mpg from 2007 to 2018. Total fuel consumption declined slightly as single-unit trucks traveled 20.9% fewer miles per vehicle.

2020 Fleet Statistics: Sustainability and Zero-Emission Models

By Heavy Duty Trucking

Phase 2 of the heavy-duty truck greenhouse gas emissions and fuel efficiency standards mandated by the Environmental Protection Agency and National Highway Traffice Safety Administration are projected to lower CO2 emissions by approximately 1.1 billion metric tons. Fuel consumption will decline as the new rules become tighter. 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, according to an analysis by Calstart. Medium-duty trucks have the most models available between now and 2023, and this segment is showing the fastest growth, with 81 electric MD trucks by 2023, 67 of which will be available in the U.S. and Canada.

Used-Truck Prices January 2021

By Work Truck

As of Jan. 1, 2020, all truck classes have experienced decreases in wholesale values over the past month. As a matter of fact, all truck classes from pickups to medium-duty Class 5-6 as well as Class 7-8 heavy-duty trucks have been seeing decreases in wholesale prices month-over-month since October 2020. Class 8 heavy-duty trucks recovered from the huge dip seen in August 2020 but have continued to level out from the climb in October.  Values are provided by Black Book, and reflect pricing as of Jan. 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. Related: December 2020 Used Truck Prices

2020 Fleet Statistics: Logistics, Cass Truckload, Spot Market Rates

By Heavy Duty Trucking

The Cass Truckload Linehaul Index is a measure of market fluctuations in per-mile truckload linehaul rates, independent of additional cost components such as fuel and accessorials. The decline that started in 2019 has seen a slight uptick starting in mid-2020. 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. U.S. business logistics costs, as calculated in CSCMP’s 2020 State of Logistics Report, sponsored by Penske and authored by A.T. Kearney, rose 0.6% in 2019 to reach $1.63 trillion, or 7.6% of the $21.43 trillion GDP, a 2.3% growth over 2018. The logistics industry grew as well, seeing $1.63 billion in expenditures. With 2018's fast GDP growth and capacity shortages leading to logistic costs being the highest percentage of GDP since 2018, 2019 was a return to normal.

Used-Truck Prices December 2020

By Work Truck

As of Dec. 1, 2020, pickup trucks have continued to dip after the increase in wholesale values from June to September 2020. As a matter of fact, 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. Class 8 heavy-duty trucks recovered from the huge dip seen in August 2020 but have since leveled out from the climb in October.  Values are provided by Black Book, and reflect pricing as of Dec. 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. Related: October 2020 Used Truck Prices

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