Auction rates in the current global supply shortage are always interesting to check. With new trucks having a hard time staying on the lot, the industry turns to used vehicles to fulfill asset needs. J.D. Valuation Services has the numbers. March 2022 Numbers For all years except the most recent listed, 2020, prices decreased. Model […]
Which is a less stable used truck market, one where all of the model years travel in the same direction of double-digit percentage increases, or one where all of them travel in unpredictable directions independent of one another? We ask because that is what J.D. Valuation Services found in used truck auction rates at the […]
J.D. Valuation Services has released the average auction prices for December 2021. The numbers, while on average lower than the month prior, show just how far trucking has come in the last twelve months.The NumbersWhen December comes around, most fleets that want trucks to make holiday deliveries have already obtained them (if they can), so […]
We at TopMark Funding try to use the word “skyrocket” sparingly, only for the craziest of circumstances in the trucking industry. We believe J.D. Valuation Services’ numbers for used Class 8 truck auction rates is a perfect example of when to use the word, and when you see the numbers we think you will agree.The […]
J.D. Valuation Services has listed its numbers for used Class 8 auctions in October. The numbers will not be surprising to anyone who has been paying attention to the trucking industry this past year, as a reduced supply and increased demand mean higher prices. Unlike the month prior, where some model years appreciated and others […]
We have been a little slow on the upkeep here regarding the auction prices for used Class 8 vehicles, but the current California port crisis has been taking up much of the news for the trucking industry. Here is a brief respite from all of that with a monthly update on auction prices for used […]
Since around June 2020, the trucking industry has been on fire. Since around the start of 2021, truck prices have been rising to reflect just that. As component shortages and intense demand ravage the new truck market, the used truck market is also starting to feel the strain as fleets gobble up whatever vehicles they […]
