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Sleeper tractor pricing hits new record says ATD/NADA

Sleeper tractor retail pricing set a new record, at $54,090. This result is $1,481 (or 2.7 percent) higher than July, and $4,463 (or 8.3 percent) higher than August, 2012.

The Trucker News Services

10/1/2013

August sales reported to NADA by dealers, auctions, and OEM’s shows that sleeper tractor pricing set a new record in the retail channel, and returned the best month of the year in the wholesale channel.

The “2010 model-year sleepers are hitting the meaty part of their trade-in curve, and we expect to see more of these trucks become available to the retail market” says ATD/NADA Senior Analyst Chris Visser. “This trend should positively impact our universal averages.”

Similarly, the 2009 model year is showing up in increased numbers in NADA’s wholesale database. “2009’s feature average mileage under 600K combined with reasonable pricing, which is a sweet spot for demand,” says Visser. “Newer model years should provide upward support for our wholesale averages going forward.”

Key takeaways from August’s data include:

• Sleeper tractor retail pricing set a new record, at $54,090. This result is $1,481 (or 2.7 percent) higher than July, and $4,463 (or 8.3 percent) higher than August, 2012.

• Sleeper tractor wholesale pricing is the highest in 11 months, coming in at $30,888. This result is $5,293 (or 17.1 percent) higher than July, but $9,244 (or 23.0 percent) lower than an unusually-strong August, 2012.

• Increased numbers of newer trucks are becoming available in the retail and wholesale markets, positively impacting averages.

The Trucker staff can be reached to comment on this article at editor@thetrucker.com.

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