J.D. Power Average Auction Rates, January 2021 to August 2021
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 can find.
The Numbers
J.D. Power Valuation Services tracks the auction prices for model years four to nine years back, counting five model years in total, in its Commercial Truck Guidelines. Keep in mind the 2018 model year was in 2017, and so forth backward.
Here are the prices on average for each model year for the past eight months. Moving forward, we will show the more detailed numbers, in total dollars changed and by percentage.
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