In January, 2012, the average retail selling price of four-year-old sleeper tractors was $72,108. This figure is $2589 (or 3.6%) ahead of the previous high point set in January of 2011, and is the highest since NADA began tracking this information. Average mileage was nearly identical in both periods, so this price increase was most likely driven by natural demand. See the graph below for a comparison of the past five years.

Look for an expanded analysis of this and other data in the March edition of GuideLines, available at the end of this week.