Chris Visser's Articles

Is there an End in Sight for the New Truck Market?

We all know new truck orders have been through the roof and deliveries have been inadequate to meet demand, resulting in extremely long lead times. How does the current environment compare to recent cycles?

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Mild Pullback in Retail Pricing for Late-Model Trucks

Average pricing for late-model trucks pulled back slightly month-over-month, as a higher volume of lower-priced models filtered through the market.

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October Auctions Point to Continued Shortage of Late-Model Trucks

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

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Class 8 Retail Depreciation Still Subdued

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. 

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Auction Volume Back Up in November

November auction volume was back up to a typical level, after a quiet October. Pricing for our benchmark model was generally lower, with less consistency from auction to auction

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Volume Down, Pricing Stable in Retail Channel

As 2019 begins, we can look to the final results of 2018 for guidance on what to expect. Based on November auction and retail data, volatility is increasing...

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Auction Pricing Down Mildly to Close Out the Year

December auction volume was mildly lower than November. Pricing for our benchmark model was also somewhat lower, particularly for newer trucks with higher mileage...

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Market Conditions Maturing as 2019 Begins

Deliveries of new trucks will remain strong into the second half of 2019, but it looks like demand is on the downward slope as supply heads in the other direction...

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Model vs. Model Pricing Comparison

With a full 12 months of retail sales data in our database, we can look at how individual models shaped up in 2018...

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January Auction Market Stable on Low Volume

With the seasonal lull in auction activity in place, there were very few of our benchmark model sold in January....

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