Class 8 Truck Prices Forcasted to Increase in 2012

Class 8

Retail prices for sleeper tractors increased 17% in 2011 compared to 2010, according to a new report by the ATD/NADA Official Commercial Truck Guide.

Used Class 8 commercial trucks also had about 10% higher mileage in 2011 than in 2010, according to the February Guidelines report. The average sleeper truck by dealers in 2011 was just less than 6 years old, cost $46,436 and had 523,272 miles.

Among other highlights of the report:

Wholesale prices for sleeper tractors were up 36% on mileage, 4.3 percent higher than 2010

Construction trucks were up 7.4% on mileage, 19 percent higher

The price gap between aerodynamic and owner-operator trucks is increasing

Price ceilings are likely in place in the retail and wholesale markets, and price growth is forecast to level out this year