Is the Used Truck Market CRASHING?! 🚛 🤯

Are we finally coming out of this Big Rig Boom?!

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[martybadboy]

When prices do go down, it won't be a crash, it will be a correction. Prices are artificially high right now. August 2022.

[SayNOCAMEABUSE]

Nope !! We are fixin em up boy. Same with boneyard trailers. Cant keep them out of the shop.

[Jackknife-TV]

I have texts from the dealership selling a 2017 cascadia evolution with 430, 000 mi on it in July of this year it started out at $99, 200 I just received another update text on the following price of that truck and it is now at $62, 500 so from July to September it's lost half of its value or at least what guys were willing to pay so that tells you something about the freight market

[Mz_]

October 2022 and I can say in Chicago trucks are going down a little bit.

[claudem.p.]

Right now here with major used truck dealer in Quebec, nothing moving down. They are not lowering anything.

[vendingdudes]

One sale is not a "great indication."

[SOLDIEROFYAWEH]

They’ve gone done a lot in the last 2 months get ready to buy boys!

[CheddarCheeseBandit]

Used prices are high because people owe too much on the trucks they are selling (private sales)

[robertgardner]

I’ll stick to my gliders and pre emissions trucks thanks.

[WDJD]

Is this Canadian math? The price is up! How is that 'worse'?

[Bendigo]

While they are simmilar models, the red one looks like it may be in better condition than the white one and has more features. So not sure that it is a great comparison.

That being said, it is a pretty volatile market and has been for the past year with everything going on.

[mrbryguy]

It would be cheaper to go out and build your own truck these days lol

[manatra]

Aug 2022 prices have dropped big time

[gracianomartinez]

When greedy truck dealers start to lower prices then truckers will start buying trucks again. U have high insurance, permits, low freight rates, and high diesel prices. Prices for parts are also expensive, might as well lease with a company or just stay as a company driver.
Forget about a new truck they are more expensive than a house now

[earthcitizen]

They're crashing it with a purpose. Just like they've did with COVID, the Market ect. It's for the evolution from electric to self driving trucks.

[sirarbor]

Would never own a truck over the year of 2000. Only under the year of 2000. No Def tanks, and no ELD logbooks.

[hrufhduehveugrhhty]

that's why foods became expensive af.

[angelcordova]

Just sold my 2015 Denali xl with 167000 miles for $23, 000

[michaelcopeland]

I would never buy a used emission truck. They are done with it for reasons. I don't want to pay for those reasons.

[michaelwright]

Probably buying them for the parts... ;-)