Used truck prices forecast to stay high
Despite evidence of a price ceiling on newer trucks, the used retail market remains strong, said Chris Visser in September’s Guidelines report from the ATD/NADA Commercial Truck Guide.
With wholesale prices increasing, Visser also noted the average age of wholesale trucks sold continues to trend closer to that of retailed trucks.
“Wholesale prices for commercial trucks are continuing to climb,” said Visser, senior analyst and product manager for the ATD Commercial Truck Guide. “Dealers sold more used trucks in July than June.”