Our benchmark 4-7 year-old Class 4 and 6 conventional groups both trended downward in December. 2015 was more stable than 2014 for this cohort, with Class 4’s showing strength in the first half of the year, and then depreciating moderately in the second half. Class 6’s exhibited steady and moderate downward movement all year.

Following the price appreciation mid-year, Class 4’s ultimately lost about 10% of their value from Q1-Q4 2015. Less than 1% per month depreciation is a relatively strong performance. 

Class 6’s lost about 17% of their value in the same period. 1-1.5% depreciation per month is on par with expectations, and suggests a market with no particular strength or weakness.

Stay tuned next week for a look at the cabover segment.