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Volume of the most common sleeper tractors auctioned this month was up moderately from August. Of the major nationwide auctions we track, only one was postponed due to Hurricane Harvey or Irma...
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The most common aerodynamic sleeper tractors showed some movement relative to each other in August. The Peterbilt 579 once again appeared to greatly outperform other models...
It looks like hurricane impact to auction activity was mainly limited to the Houston area, with one major truck auction house postponing their late-August auction by a week...
Hurricane Harvey obviously impacted demand in the Eastern Texas and Louisiana markets late in the month, but the cessation of sales in the final week simply removed that region from our nationwide averages...
In a two-week period, hurricanes Harvey and Irma wreaked catastrophic damage to large swaths of Texas and Florida (as well as other regions outside the continental US). As the Southwest and Southeast begin the process of assessing damage and rebuilding, it is likely that hundreds if not thousands of Class 8 trucks, and many more medium and light duty commercial vehicles, were totaled...
Volume of the most common sleeper tractors auctioned this month was up moderately from July, mainly due to one model. Pricing was largely flat, with model-year 2011-2013 trucks losing 1.1% of their value on average month-over-month...
The wholesale environment in July (dealer-to-dealer and dealer-to-wholesaler) was essentially unchanged for yet another month. Average pricing in the first 7 months of 2017 is running 2.2% lower than the same period of 2016...
The average sleeper tractor retailed in July was 75 months old, had 454,014 miles, and brought $47,568. Compared to June, the average sleeper was 1 month older, had 10,610 (2.4%) more miles, and brought $293 (0.6%) less money...
Volume of the most common sleeper tractors sold at auction in July was back down after increasing dramatically in June. Pricing of our benchmark model increased 8.1% compared to last month...
Most medium duty segments rebounded to an extent in June, with particular strength in the lighter-GVW segment...