The Class 3-4 cabover market reawakened in the first quarter, with volume and pricing both up notably.

In March, the average 4-7 year-old cabover sold wholesale for $17,326 and had 113,560 miles. Pricing was up by $473 (or 2.8%) month-over-month, and an impressive $2,421 (or 16.2%) year-over-year. Mileage was 12,950 (or 10.2%) lower month-over-month, and 8,658 (or 7.1%) lower year-over-year. See graph below for detail.

Looking at volume, there were more than 3 times the number of 4-7 year-old class 3 and 4 cabovers reported sold in the first quarter of 2015 compared the same period of 2014. First quarter results provide some evidence that a medium duty cabover recovery may be accelerating.