J.D. Valuation Services reports that while some used truck models increased in value at auction and others decreased over the month of September, the decreases were larger than the increases and created a net drop in used auction rates for the month.September 2022 NumbersModel year 2021: $147,458 (No comparison to August)2020: $89,336, a decrease of […]
It is fair to say that the used truck market has become a buyer’s market, as, according to J.D. Valuation Services, average prices across the board decreased double-digit points in June.June 2022 DetailsModel year 2021: $153,889. As this is the first month J.D. Valuation Services has tracked for model year 2021, there is no gain […]
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 […]
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 […]
