Average Price for Used Class 8 Trucks Reaches All-Time High Amidst Surge in Demand for All Used Vehicles

According to ACT Research, the average price for a Class 8 truck sold in April 2021 rose to $57,431, an all-time high. The increase in price is especially stark when compared to the pandemic-low of $38,242 a year earlier. What is causing these previously unseen price tags for 16+ ton trucks? A few grams of silicon and precious metals that we know as a semiconductor. Read More