Used Medium-Duty Truck Market Showing Inventory Growth, Declining Values
New Sandhills Global market reports covering March data for used medium-duty trucks on TruckPaper.com and other Sandhills platforms show growing inventory, with levels rising 5.45% month over month and 13.35% year over year.
Asking values decreased by 1.54% M/M and 3.22% YOY in March, continuing a downward trend. These changes were led by the used moving box truck category, with asking prices down 3.84% M/M, and the used dry cargo delivery box truck category, with asking prices 8.09% lower than year-ago levels.
Auction values, meanwhile, are trending down. Watch our video to learn more about trends in the used medium-duty truck market, which includes box trucks, flatbed trucks, and cab and chassis trucks.
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