Dealers have increased both new and used truck sales by 27% and 36% between 2016 and 2018, respectively.
To get a more complete picture of the trade cycle strategies, when those fleets that lease the majority of their equipment were removed, the trade cycles lengthened slightly to 6.8 years (exactly the same as last year’s reported average and up from the previous year’s 6.75 years.
Equipment turns averaged 649,000 miles, down from the 665,000 miles reported last year and down from 681,200 miles for this same class of vehicle reported two years ago.
By TruckingInfo
As of June 1, 2022, medium-duty trucks Class 4 through Class 7 experienced a month-over-month drop in overall wholesale values.
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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.
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As of April 1, 2022, pickup trucks and medium-duty trucks through Class 7 experienced a month-over-month drop in wholesale values.
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As of March 1, 2022, all truck classes experienced a stabilitization of wholesale values.
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Starting with our January 2022 report, find more model-year and truck info than ever before.
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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.
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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.
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As of Oct. 1, 2021, average wholesale values for 2016-2018 model-year light-, medium-, and heavy-duty trucks were all over the place.
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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.
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As of August 1, 2021, all truck classes from pickups to heavy-duty class 8 units experienced an decrease in wholesale values over the prior month. Medium-duty Class 6 units experienced the highest decrease month-over-month.
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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.
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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.
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