Hype Vs. Fundamentals: Accounting for Commercial Trucks’ Rapid Price Increases
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It is no secret that the cost of purchasing a used commercial truck in 2021 is higher than a year ago. Price Digests’ recent analysis, detailed in this report, shows that from Q2 2020 to Q2 2021 prices for used medium-duty trucks on the resale channel rose 21.3%. The increase for heavy-duty trucks was a bit lower than that at 12.3%, but still a hearty gain.
• Complete analysis for Medium Duty and Heavy Duty trucks
• Specific examples for Day Cabs, Cab & Chassis, Sleepers
Who should read this? Fleet owners, fleet managers, owner-operators and industry executives with a need to understand the underlying reasons behind quickly changing commercial truck values, and what that means to their businesses.