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. Compared to July 2016, this average sleeper was 3 months older, had 20,823 (4.4%) fewer miles, and brought $3,164 (6.2%) less money. The retail sleeper market overall averaged 8.7% lower pricing in the first 7 months of 2017 compared to the same period of 2016.

Looking at trucks three to five years of age, retail selling prices have dropped an average of 1.4% per month so far in 2017. This figure compares favorably to the 2.0% per month average in the first 7 months of 2016.

Average pricing by age was as follows:

3 year-old trucks: $73,912 - $1,468 (2.0%) higher than June

4 year-old trucks: $54,089 – $3,570 (6.2%) lower than June

5 year-old trucks: $44,624 - $616 (1.4%) lower than June

On a year-over-year basis, late-model trucks sold in the first 7 months of 2017 are averaging 5.6% lower than in the same period of 2016. Multi-month trending shows the retail market leveling out, with depreciation minimal.