Fleets have practically no idea what electric trucks will be worth when it is time to trade them, one of the reasons for cautious adoption.
New Class 8 truck deliveries have fallen for four consecutive months even as vocational equipment sales rise.
Unprecedented high prices for used trucks a year ago have plummeted as new truck production moved past supply shortages.
After months of downward moves, used truck prices ended the year closer to pre-pandemic levels than anytime since COVID hit.
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The numbers game is intensifying as falling used truck prices and swelling inventories persuade fleets to hang on to younger equipment until they can break even.
Fleet failures and bankruptcies contributed to a 14% decline in prices in 2019.
Tax changes have made leasing an even more inviting proposition for fleets, says the COO of Fleet Advantage.
