Retail depreciation finally slowed in the used truck market last month but that shift had little impact on prices, J.D. Power reported Thursday in its April 2024 Commercial Truck Guidelines report.
In the auction sector, volume was up but pricing was down and sleepers brought noticeably less money than the prior month. J.D. Power reports most late-model sleepers moving through auction channels are marked by extremely high mileage for their age.
Within J.D. Power's benchmark model, average march pricing was as follows:
J.D. Power says MY 2022 pricing was due to a small number of trucks sold and is not "representative of actual market movement.
Average auction selling price for 3- to 6-year-old sleeper tractors, adjusted for mileage.
