September 27, 2013
After setting a new record every month from February through June, the retail price of an average sleeper tractor sold in 2013 finally pulled back fractionally in July, according to ATD.
Fierce upward movement resumed in August, with the average retail price of a sleeper tractor in August of $54,090 – $1,266 (2.3 percent) higher than June’s record.
“The steadily increasing supply of 2010 model year trucks is largely responsible for the increase in average pricing,” Chris Visser, senior analyst for ATD-NADA Commercial Truck Guide, says. “These trucks are nearing five years in service, which means we can expect to see more trade-ins in upcoming months.”
Visser added that the marketplace has dictated a premium on 2010 model year trucks, primarily because they feature relatively low mileage, and also because the industry seems to be more comfortable with SCR.
“We expect 2010’s to make up a continually larger proportion of trucks in our sales database, with positive implications to the universal average,” he adds.