Ritchie Bros. Used Equipment Market Trends Report — July 2021

In our July 2021 Market Trends Report we take a closer look at tandem-axle truck tractor sales (4 to 7-year old models) in Canada and the United States. The most popular make/model in both countries is the Freightliner Cascadia, with a median price that has increased 47% year over year in both markets! As in previous reports, we continue to see positive pricing trends for all major equipment categories. In the United States, our truck tractor price index leads the way (up 30% YOY), followed closely by vocational trucks and medium earthmoving. Meanwhile, in Canada medium earthmoving is the top appreciating asset category (up 28% YOY), followed by vocational trucks and aerial. June was a huge month full of valuable insights for consignors and buyer…. DOWNLOAD FULL REPORT>>