We’re showing a fairly substantial 0.7 truck dip in retail sales per dealership rooftop from October to November. We’re not particularly concerned about this drop, as November is not typically a strong month for sales, and pricing has been firm in recent months. November’s result is most likely just a normal variation in a month that includes a major holiday.

Stay tuned next week for November pricing results. We expect the retail channel to have performed similarly to the auction channel in terms of depreciation.