Medium-Duty Truck Prices Continue Downward Trend
The newest Sandhills Global market reports covering April data for U.S. used medium-duty trucks on TruckPaper.com and other Sandhills platforms show inventory continuing an upward trend. Inventory levels in this market, which includes box trucks, flatbed trucks, and cab and chassis trucks, surged by 18.32% month over month and 28.2% year over year.
Used dry cargo delivery box trucks led other categories in M/M growth, with inventory 23.51% higher than the previous month, while used reefer box trucks showed the largest YOY increase, with inventory 83.43% higher than year-ago levels.
Asking prices and auction values have been trending down for eight months. These trends continued in April. Watch our video to learn more about used medium-duty truck asking value, auction value, and inventory trends, and which categories are driving these trends.
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