As prices for newer used trucks keep accelerating, older used trucks in rougher shape began appearing in June auctions, commanding less money but filling a yawning gap in capacity.
Pricing for lower-mileage trucks remains sky-high, according to J.D. Power Valuation Services.
That has created an opening for less-desirable trucks to bring down the auction gavel. Power’s benchmark group of 4- to 6-year-old trucks brought 5.1% more money.
Compared to the first six months of 2020, prices are up 85.8%.
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https://www.freightwaves.com/news/good-stuff-gone-older-used-trucks-show-up-in-june-auctions