Beginning in 2026, Work Truck Solutions is introducing a rotating quarterly segment spotlight to provide deeper visibility into specific commercial vehicle segments. For Q1, the focus is on the Commercial Van category, specifically Cargo Vans, Box Vans, and Step Vans.
Cargo vans showed relatively stable pricing but clear signs of tightening availability and softening demand.
New Cargo Vans:
Used Cargo Vans:
The Q1 data shows clear signs of softening demand and tightening supply. Prices held steady across both new and used segments, yet movement declined—particularly for new cargo vans, which fell 20% Quarter over Quarter. Rising DTT on the used side further indicates growing friction. Overall, cargo vans continue to perform reliably, but the segment is beginning to feel the effects of reduced availability and more cautious buyer behavior.
Box vans displayed the most dramatic differences between new and used performance.
New Box Vans:
Used Box Vans:
New Box Van inventory tightened slightly from Q4 but remains elevated compared to last year. Higher prices and relatively plentiful inventory have led to exceptionally high DTT at nearly 400 days.
In contrast, used box vans are experiencing strong demand, with movement up nearly 30% QoQ and almost doubling YoY. Inventory has grown significantly, yet buyers are absorbing these units quickly, reflected in faster DTT and declining mileage.
Step vans showed significant volatility, with sharp pricing swings and dramatic shifts in movement and availability.
New Step Vans:
Used Step Vans:
Step vans reflect a specialized market with selective buyers. The sharp rise in pricing—paired with recently declining movement—suggests buyers are becoming more cautious, while sellers are holding limited inventory at premium values.
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