Used truck prices to remain strong in 4Q

Despite evidence of a price ceiling on newer trucks, the retail market remains strong, says Chris Visser in September’s Guidelines report from the ATD/NADA Commercial Truck Guide. With wholesale prices increasing, Visser also noted that 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,” says Visser, senior analyst and product manager for the ATD Commercial Truck Guide. “Dealers sold more used trucks in July than June.”