Prices for Used Pickups are Skyrocketing

We’ve had several reports about skyrocketing lumber prices, well, here’s an indicator worth noting; A recent report on FoxNews says a sharp drop in the supply of new vehicles due to the ongoing chip shortage combined with a strong demand for cars has led to an increase in the prices of used pickup trucks. They report that the average wholesale price for a pickup hit $30,093 in mid-April, up from $28,121 in March. Putting this into better perspective, in April, 2020 it was $17,201. Continue reading HERE...