Sleeper tractors with less than 500,000 miles are depreciating at a mildly accelerated rate, due most likely to the increased supply of trades. The Peterbilt 587 and Freightliner Cascadia led the 3-year-old market in 2014, outperforming the industry average. A recovery appears to be underway for most segments of the medium duty market. Retail sales volume is stable, with little change from 2013-2014. Wholesale volume was up incrementally in that period. Expect stable to mildly downward pricing in upcoming months as the supply of trades accelerates.
Continue Reading →