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.