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Auctions of Heavy Duty Trucks and Tractors – 2016

by Car Appraiser on May 14, 2016

Auctions Performance of Heavy Duty Trucks and Tractors – 2016

 

auctions-of-heavy-duty-trucks-and-tractors-2016

Heavy Duty Trucks and Over the Road Tractors

The majority of Heavy Duty Trucks being sold at auction are Over the Road Tractors. Their values have dropped and are possibly settled in at a rather normal value reduction rate. This is the case
for late models as well as the 2012-2005 year models, although 2005’s and 2006’s are dropping a lot less than other models. Construction Heavy Duty Trucks are holding their values very well, and some of them are actually appreciating in value.

Drop Rate 2013-2014 Models

– 2013-2014 HD Construction/Vocational segment dropped an average of $544 (0.7%) in March compared to the average decline of $581 (0.7%) in February.
– 2013-2014 HD Over the Road Tractor segment dropped an average of $891 (1.3%) in March compared to the average drop of $1,039 (1.5%) in February.
– 2013-2014 HD Regional Tractor segment dropped an average of $1,069 (1.8%) in March compared to the average depreciation of $979 (1.6%) in February.

Drop Rate 2005-2012 Models

– 2005-2012 HD Construction/Vocational segment dropped an average of $232 (0.6%) in March compared to the $266
(0.7%) in February.
– 2005-2012 HD Over the Road Tractor segment dropped an average of $418 (1.3%) in March compared to the $383
(1.2%) average deprivation in February.
– 2005-2012 HD Regional Tractor segment dropped an average of $406 (1.6%) in March compared to the average drop
of $384 (1.5%) in February.

 

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