McLEAN, Va., Oct. 12, 2015 /PRNewswire-USNewswire/ -- In the October edition of their commercial truck Guidelines report, NADA Used Car Guide analysts concluded September retail volume was depressed, wholesale volume was strong, and pricing in both channels was mildly downward. The trend is similar to what previous reports from the authority on the used commercial truck market noted in the first half of 2015.
When asked about commercial truck retail figures, Chris Visser, senior analyst at NADA Official Commercial Truck Guide®, said, "Sleeper tractors retailed through August of 2015 are averaging 4.7 percent less mileage than in the same period of 2014."
Visser went on to say, "Average age is nearly identical, so buyers are cherry-picking the lowest-mileage units."
The monthly analysis report from NADA Used Car Guide also includes a special section, which addresses the question, "How might the Environmental Protection Agency's Phase 2 emission and economy standards affect the new and used commercial truck market, given current concept trucks don't meet the proposed standards?"
Download the Free Report
The full 2015 October Guidelines report can be downloaded for free on the NADA Used Car Guide® website at www.nada.com/b2b.
About NADA Used Car Guide
Since 1933, NADA Used Car Guide® has earned its reputation as the leading provider of vehicle valuation products, services and information to businesses throughout the United States and worldwide. Its editorial team collects and analyzes over 1 million combined automotive and truck wholesale and retail transactions per month. Its guidebooks, auction data, analysis and data solutions offer automotive/truck, finance, insurance and government professionals the timely information and reliable solutions they need to make better business decisions. Visit nada.com/b2b to learn more. NADA Used Car Guide® and its logo are registered trademarks of National Automobile Dealers Association, used under license by J.D. Power and Associates.
Contact:
Ryan Morris
Sr. Manager, Public Relations
NADA Used Car Guide®, a division of J.D. Power and Associates
(202) 826-4029
[email protected]
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SOURCE NADA Used Car Guide
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