Analysts observe steeper depreciation in some classes, solid sales volume in most
MCLEAN, Va., Feb. 12, 2015 /PRNewswire/ -- In their most recent Commercial Truck Guidelines report, NADA Used Car Guide's commercial truck analysts observe sleeper tractors depreciating at a mildly accelerated rate, and retail sales volume stable with little change from 2013 to 2014.
"The accelerated depreciation amongst used sleeper tractors with less than 500,000 miles is most likely due to an increased supply of trades," stated Chris Visser, commercial truck senior analyst at NADA Used Car Guide. Visser also stated, "There appears to be a recovery going on in most segments of the medium duty market."
The full February Commercial Truck Guidelines report explaining trends and forecasts can be downloaded for free on the NADA Used Car Guide website at www.nada.com/b2b.
About the 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. NADA's 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, and follow our Facebook, Twitter and YouTube pages to stay up-to-date on the latest automotive industry information.
About NADA
NADA represents nearly 16,000 new-car and -truck dealerships with more than 32,000 domestic and international franchises. For more information, visit www.nada.org.
Contact
Ryan Morris
Sr. Manager, Public Relations
NADA Used Car Guide
(703) 821-7165
[email protected]
SOURCE NADA Used Car Guide
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