Auctions Minimally Impacted by Hurricanes

It looks like hurricane impact to auction activity was mainly limited to the Houston area, with one major truck auction house postponing their late-August auction by a week...

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Class 8 Retail Pricing Dipped Moderately in August

Hurricane Harvey obviously impacted demand in the Eastern Texas and Louisiana markets late in the month, but the cessation of sales in the final week simply removed that region from our nationwide averages...

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Impact of Hurricanes on Used Truck Market

In a two-week period, hurricanes Harvey and Irma wreaked catastrophic damage to large swaths of Texas and Florida (as well as other regions outside the continental US). As the Southwest and Southeast begin the process of assessing damage and rebuilding, it is likely that hundreds if not thousands of Class 8 trucks, and many more medium and light duty commercial vehicles, were totaled...

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Volume Up, Pricing Stable at August Auctions

Volume of the most common sleeper tractors auctioned this month was up moderately from July, mainly due to one model. Pricing was largely flat, with model-year 2011-2013 trucks losing 1.1% of their value on average month-over-month...

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Depreciation Minimal in Class 8 Wholesale Channel

The wholesale environment in July (dealer-to-dealer and dealer-to-wholesaler) was essentially unchanged for yet another month. Average pricing in the first 7 months of 2017 is running 2.2% lower than the same period of 2016...

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Class 8 Retail Depreciation Remains Under 2%

The average sleeper tractor retailed in July was 75 months old, had 454,014 miles, and brought $47,568. Compared to June, the average sleeper was 1 month older, had 10,610 (2.4%) more miles, and brought $293 (0.6%) less money...

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Solid Month for Class 8 Auctions

Volume of the most common sleeper tractors sold at auction in July was back down after increasing dramatically in June. Pricing of our benchmark model increased 8.1% compared to last month...

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Medium Duty Conventionals Rebounded Mildly in June

Most medium duty segments rebounded to an extent in June, with particular strength in the lighter-GVW segment...

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Class 8 Retail Market Remains Steady

The average sleeper tractor retailed in June was 74 months old, had 443,714 miles, and brought $47,728. Compared to May, the average sleeper was 2 months older, had 5,245 (1.2%) fewer miles, and brought $1,222 (2.5%) less money...

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Volume Up, Pricing Stable at June Auctions

Volume of the most common sleeper tractors sold at auction increased dramatically in June after a depressed May. Pricing of our benchmark model decreased 2.8% compared to last month...

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