Final December results show solid volume and pricing in the retail sleeper tractor market, indicating the market maintained its strong appetite for trucks with under 600,000 miles through the holidays.
Specifically, December’s average came in at $54,196, which was $867 (or 1.6%) lower than November, and $5007 (or 8.1%) higher than December, 2012. December’s average mileage was 528,048 – 442 (or 0.1%) higher than November, and 10,469 (or 1.9%) lower than December, 2012. See graph below for detail.
Trucks sold in December were 77 months old, which was 1 month older than November and identical to December, 2012.
In terms of volume, all recent model years save for 2008 and 2010 outsold November, indicating a continued healthy market into January.
Stay tuned for results from the wholesale side of the market next week.
If you’ll be at the ATD/NADA Convention this weekend, please stop by the Commercial Truck Guide/SOARR booth (#1712-1714) and say hi. Also, please consider attending our workshop, “Understand and Manage Used Trucks,” at 10:30 on Saturday and Sunday.