Despite a rollercoaster year, demand for trucks is strong — so strong that it is expected to outpace supply. This is refiring an interest in both buying and selling used units.
Wholesale Optimism: Used Vehicle Prices Up 5.74% in May
According to Manheim, wholesale used vehicle prices increased 5.74% in the first 15 days of May compared to the month of April. New and used retail vehicle sales show substantial gains from March’s free fall.