October’s auction results once again defied expectations, with a drop in volume compared to September, and no discernable depreciation. See below for detail.

Model year 2015: $55,000 average; $17,000 (31.1%) higher than September

Model year 2014: $34,500 average; $250 (0.1%) lower than September

Model year 2013: $28,350 average; $600 (2.1%) higher than September

Model year 2012: $27,750 average; $1,000 (3.6%) higher than September

Model year 2011: $19,500 average; $2,250 (10.3%) lower than September

Pricing for model-year 2015 trucks returned to their typical level after an unusual dip in September.

October’s stable pricing combined with last month’s pricing anomaly for 2015’s actually caused average depreciation in 2018 to date to turn slightly positive. On average, trucks four to six years of age are bringing 18.1% more money in 2018 compared to 2017. We don’t see much change into early 2019, outside of typical fluctuations due to the holidays and winter weather.