The heavier end of the medium duty market performed unexpectedly well in August, with 4-7 year-old Class 6 trucks bringing substantially more money than earlier months. However, the better figures are mostly due to an unusually low-mileage mix of trucks sold this month. Class 4’s had a moderately off month in terms of pricing, with volume substantially elevated.

Specifically, Class 4’s averaged $18,719 in August. This figure is $1,441 (or 9.8%) lower than July, and $520 (or 5.5%) lower than August 2015. Class 6’s averaged $25,466 in August. This figure is $7,684 (or 43.2%) higher than July, and $7,354 (or 40.6%) higher than August 2015.

With the unusual mix of Class 6’s sold in August, we do not consider this month’s results representative of any market shift. We continue to view the Class 4 market as moderately healthier than the Class 6 market.

See graph below for detail.