With the scarcity of new trucks and trailers nearly doubling auction prices for late-model used trucks, it might be best to make do with what you’ve got.
In February, the average sleeper tractor sold was 69 months old with 452,369 miles for $110,686. In fact, prices for every model year dating back to 2017 increased in February, as trucks 3 to 5 years old sold at prices averaging 6% more than the month prior.
“It’s very dramatic,” said Cindy Whitmer, marketing team leader at Reliance Partners. “I...