Among the industry’s most common Class 8 engine and transmission configurations, NADA reports that the only 3- to 5-year-old packages selling for more than $60,000 on average in the retail market last year were two configurations of the Volvo VNL.
Used truck sellers trying to move the industry’s most common trucks, 3- to 5-year-old sleepers, faired best with Volvo VNL 780 and Kenworth T660 models last year, says the NADA Used Car Guide in its February Guidelines Commercial Truck Guide Industry Update.
Evaluating the industry’s most common Class 8 engine and transmission configurations, NADA reports 3- to 5-year-old VNLs with Volvo’s proprietary D13 engine and iShift transmission netted slightly more than $60,000 on average in the retail market last year. That price was slightly higher than Kenworth’s T660 with a Cummins ISX and manual transmission and the VNL 780 with a D13 engine and manual transmission. Those were the only other configurations to surpass $60,000 on average during 2016.
Freightliner’s Cascadia with a Detroit Diesel 15-liter engine and automated manual or manual transmissions earned the fourth and fifth place price positions in 2016. They were followed by the Peterbilt 386 (ISX/manual), Volvo VNL 670 (D13/iShift AMT), Peterbilt’s 387 and 587 (Paccar MX/manual) and VNL 670 (D13/manual). Those units averaged between $55,000 and $60,000.
The only configurations to average less than $50,000 in the 3- to 5-year-old retail market were Mack trucks equipped with an MP8 engine and manual transmission and International ProStar tractors running Navistar’s MaxxForce engines and manual transmissions.
Mack’s configuration netted an average slightly above $45,000, while the ProStar MaxxForce/manual truck was around $25,000. Regarding the latter, NADA data shows the same tractor with a Cummins ISX totaled around $50,000 in the 2016 marketplace.
Among the industry’s most common Class 8 engine and transmission configurations, NADA reports that the only 3- to 5-year-old packages selling for more than $60,000 on average in the retail market last year were one configuration of the Kenworth T660.
Looking at the sleeper market at large, NADA says average pricing for 3- to 5-year-old retailed sleepers was $53,916 in December 2016, with an average mileage of 435,732. Those totals were lower on money and miles than November averages.
Evaluating year-over-year the December 2016 price was $9,364 (14.8 percent) below the average of December 2015.
Monthly depreciation rates also rose 0.7 percent point for retail sleepers in 2016. NADA says this translated to 3- to 5-year-old sleepers selling for $8,803 less (12.5 percent) in the retail market last year than in 2015.
“This difference is substantial, but notably smaller than the drastic 30 percent year-over-year change in auction pricing for these same trucks,” NADA says.
This is part of a series of stories from Successful Dealer on the best practices for moving used trucks. To download the entire guide, click here.