The average sleeper tractor retailed in October was 67 months old, had 462,534 miles, and brought $56,690.. Compared to September, the average sleeper was 1 month newer, had 6,876 (1.5%) more miles, and brought $276 (0.5%) more money. Compared to October 2017, this average sleeper was 6 months newer, had 321 (0.1%) more miles, and brought $8,902 (18.6%) more money.

Looking at trucks three to five years of age, October’s average pricing was as follows:

Model year 2016: $78,571 $811 (1.0%) lower than September

Model year 2015: $61,608; $2,790 (4.3%) lower than September

Model year 2014: $52,077; $1,094 (2.1%) higher than September

On a year-over-year basis, late-model trucks sold in the first 10 months of 2018 brought 9.3% more money than in the same period of 2017. Depreciation is running 0.2% per month in 2018, compared to 1.6% last year.

Class 8 sales per dealership came in slightly lower than expected in October, matching September’s 4.9 result. Retail volume has been very stable since June.