Projected Truck Prices in One Year

Quarter million dollars for a Crapcadia.

some good drugs people are on I tell ya.

 

Speaking of high rent….

 

OP seems to have forgotten what a bubble is. Lots of bubbles are bursting right now. Tesla stock and Home prices are just a small part.

 

I'm just saying that the bubbles all seem to be popping. Everything's on a decline right now.

 

Whow, I paid $172,500 usd for my 2023 Peterbilt 567 and thought that was fairly high but understood during last years inflation increase. But $245k for a Cascadia? That's pushing it. I'm sure those prices should drop closer to the end of the year.

 

I can see the difference between new and used growing larger over the next year with the prices of new trucks staying fairly high simply because the demand for new is still there. Trucks are coming available due to cancellations but the few that are cancelling don’t really help the carriers who need to replace trucks in their fleet and are waiting for trucks to show up or trying to get build slots. People who need trucks are doing what they can to get them. I have a friend who ran all Peterbilt and he’s going to have 7 or 8 KW’s by the end of 2023 because that’s what he could get spots for. Prices on new will stay high until the demand is gone and dealers have trucks sitting on their lots.

Even looking at Truckpaper, just doing a simple search for 2023 and newer there are only 34 W900’s, 46 T680’s, 56 389’s, and 34 579’s listed. That’s not many of someone is looking for new or nearly new.

 

I think the new price is gonna be the standard for a very long time. Unless freight drops off where no one can afford to buy new. Prices are still plenty good enough right now even though some people are freaking out still. Seems to be used trucks will come down a little more but not to much this year.