What data sources underpin used‑truck pricing? We use auction results, dealer sales data, OEM trade‑in information and fleet surveys to assess pricing trends. These comes from the State of the Industry: U.S. Classes 3-8 Used Truck Report.
Are forecasts segmented by vehicle age, mileage or specification? Yes. We provide price indices segmented by age and mileage bands. While our off-the-shelf work does not delve into specifications, we do have the ability to develop a forecast for specific customer needs on a project basis.
How often are price forecasts updated? Used‑truck price forecasts are updated quarterly, with commentary on near‑term market movements and a 5-year forecast that outlines monthly pricing over that 5-year horizon.
How can dealers use this information to manage inventory? Dealers use our forecast to estimate future depreciation, decide when to buy or sell inventory and align trade‑in allowances with expected market conditions.