Classic 4x4 - 3rd Quarter Truck & 4x4 Market Update - Chris Picconi, Classic 4x4 & Brian Ellis, Fourbie Exchange

3rd Quarter Truck & 4x4 Market Update - Chris Picconi, Classic 4x4 & Brian Ellis, Fourbie Exchange

10/15/24 • 101 min

On this episode, Chris is joined by Brian Ellis, Founder and CEO of Fourbie Exchange. They talk about the performance and their outlooks on the truck and 4x4 markets, changing marketplace dynamics and which trucks and 4x4s are winners, losers, buys, sells and holds in the market.
After a 5 year run in the collector vehicle markets, 2023 was tumultuous, but 2024 is stabilizing and showing signs of improvement. That trend continued in the 3rd quarter, as sellers are finally coming to terms with market values and buyers expectations. With the collector truck and 4x4 markets remaining strong and balancing out, the opportunity is there for future growth in certain areas.
Generational change continues to drive the truck and 4x4 markets, as the 35-55 year old demographic fuels their insatiable appetite for these vehicles. Some years, makes and models are performing well and some are struggling due to over supply and shifting trends.

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