Market Conditions Maturing as 2019 Begins

Deliveries of new trucks will remain strong into the second half of 2019, but it looks like demand is on the downward slope as supply heads in the other direction...

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Auction Pricing Down Mildly to Close Out the Year

December auction volume was mildly lower than November. Pricing for our benchmark model was also somewhat lower, particularly for newer trucks with higher mileage...

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Volume Down, Pricing Stable in Retail Channel

As 2019 begins, we can look to the final results of 2018 for guidance on what to expect. Based on November auction and retail data, volatility is increasing...

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Auction Volume Back Up in November

November auction volume was back up to a typical level, after a quiet October. Pricing for our benchmark model was generally lower, with less consistency from auction to auction

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Class 8 Retail Depreciation Still Subdued

The average sleeper tractor retailed in October was 67 months old, had 462,534 miles, and brought $56,690.. Compared to September, the average sleeper was 1 month newer, had 6,876 (1.5%) more miles, and brought $276 (0.5%) more money. 

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October Auctions Point to Continued Shortage of Late-Model Trucks

October’s auction results once again defied expectations, with a drop in volume compared to September, and no discernable depreciation...

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Mild Pullback in Retail Pricing for Late-Model Trucks

Average pricing for late-model trucks pulled back slightly month-over-month, as a higher volume of lower-priced models filtered through the market.

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Is there an End in Sight for the New Truck Market?

We all know new truck orders have been through the roof and deliveries have been inadequate to meet demand, resulting in extremely long lead times. How does the current environment compare to recent cycles?

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Are we Finally Seeing More Trade-Ins?

The auction market performed closer to expectations in September, with a notable increase in the number of sleeper tractors of most model years represented. Pricing for newer trucks dropped as a result.

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August Retail Market Unchanged from July

Predictably, August’s retail used truck market looked very similar to July’s. Dealers sold incrementally more trucks, while pricing was basically unchanged.

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