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Used truck prices fall as OEM supply chain clears

November 18, 2022

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The trend is clear. Used truck prices continue to fall across almost all years and models as new truck manufacturers gain an upper hand over supply chain disruptions.

So, those who purchased a used truck at a sky-high price a few months ago could be feeling buyer’s remorse, especially as spot freight rates have tumbled with contract rates falling right behind them.

Buyer’s remorse

The chase for $4-a-mile loads is history. Scores of drivers who reactivated their Department of Transportation authorities are surrendering them and joining for-hire carriers or leaving trucking altogether.

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