On average, sleeper tractors three to five years of age sold in May performed similarly to April in the retail channel, with less than 1% separating the two months. Year-over-year, the first five months of 2016 are running $10,834 (or 14.9%) behind the same period of 2015.

Pricing was mixed by age and model this month. On the upside, three year-old Kenworth T660’s had a solid month, with a high-spec group of that model pushing its average up notably over last month. T680’s also performed higher than last month in this age group. Three year-old Freightliner Cascadias also improved nicely over April, with no clear spec- or mileage-related reason for the improvement. On the downside, most four year-old models moved downward this month. The ongoing market correction is the most likely explanation here – dealers continue to lower pricing to move inventory.

See graph below for detail.