From the monthly archives: March, 2014

We are pleased to present below all posts archived in 'March, 2014'. If you still can't find what you are looking for, try using the search box.

Wholesale Sleeper Market Returned to Trend in February

After an extremely unusual January in which a very young, low-mileage mix of trucks sold through wholesale channels, February’s results returned closer to the trend in most measures...

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Retail Sleeper Pricing Remained Hot through Cold Winter

With 100% of February sales data collected, we know that this winter’s severe weather had no effect on record pricing for sleeper tractors. The average sleeper tractor sold through retail channels in February brought $56,226, had 528,788 miles, and was 78 months old...

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Changes Underway in the Class 6 Conventional Market

Last month, we stated that January’s results for our 4-7 year-old benchmark average were an anomaly due to extremely low volume driven by extreme weather. We now know that February’s volume was also unusually low (the lowest in at least 5 years), so we’re now looking at additional market factors...

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Cabover Segment Thaws Out

The medium duty cabover segment returned to trend in February after an essentially moribund January. Auction sales collected by NADA show our benchmark 4-7 year-old, Class 3-4 cabover with under 200,000 miles selling for an average of $13,668. Average mileage for that cohort was 112,307 miles. Volume was up notably, although still off the average...

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Sales Volume Recovered in February

Sales volume in both the retail and wholesale channels recovered moderately in February after a weather-impacted January...

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March edition of Commercial Truck Guidelines is Available for Download!

Increased numbers of newer trucks continue to enter the retail and wholesale channels, providing buyers with better access to the low-mileage iron they demand. Severe weather likely kept many buyers away from the auctions in January, resulting in anomalous results in medium duty and sleeper segments. Used truck pricing could be impacted by upcoming rounds of fuel economy mandates, as a special study explores. Continued volatility in sales volume is expected to subside in the second quarter as winter draws to a close. To read more of this month's edition of Commercial Truck Guidelines, download the full report here.

Severe Weather is Likely Creating Unusual Wholesale Patterns

January’s auction results were unusual due mainly to severe weather that kept many buyers home. Lighter GVW conventionals sold in relatively normal numbers, and brought more money than the two previous months...

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Sales Volume Volatility Continues into 2014

As you can see from the chart below, volume of retail sales per rooftop has fluctuated to an unusually wide degree over the past three quarters...

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