Our benchmark group of 4-7 year-old Class 3 and 4 cabovers brought strong average pricing for the second month in a row in March. Buyers looking for the newest, lowest-mileage equipment pushed our average price figure to the highest in at least five years, at $22,475. This figure was $981 (or 4.6%) higher than February, and $4,597 (or 25.7%) higher than March 2016.

 

Unlike pricing, volume has not been particularly impressive in 2017. Buyers do not appear too interested in older equipment. Still, selling prices for the freshest equipment implies stronger demand.