Sharing the road with trucks and semi-trailer trucks can be very dangerous — especially as some semis weigh as much as 80,000 pounds.
The average sale price for used vehicles from fleet leasing consignors increased 1.9% to $12,706 in January from the prior month and 3.9% from January of 2018, according to Tom Kontos, KAR's chief economist.
This growth was in large part fueled by the strong performance of lower-priced vehicles. Compact cars and midsize cars, in specific, saw the strongest growth among all vehicle segments and outperformed the overall market.
Roadway fatalities in the U.S. dipped slightly in 2018 to approximately 40,000, representing just a 1% decrease from 2017 and 2016, when 40,231 and 40,327 people were killed in motor vehicles crashes, respectively.