Older trucks holding value better since ELD announcement

| December 09, 2016

Dealer and market-analyst sources report little in the way of information on retail sales of pre-2000 model-year trucks. So it’s difficult to accurately gauge whether prices were affected by the introduction of the ELD mandate final rule, containing the pre-2000 model-year exemption.


Eyes on the prize: The market for pre-2000 trucks in light of ELD exemption

Pre-2000 model year trucks take on a new luster as a way out of the ELD mandate. Now might be the best time to beat ...

However, even with notable month-to-month swings, wholesale auction data shown in the graph above for the past two years exhibit that the older truck prices have declined at a slower rate than the newer trucks. The interactive graph above shows something of a narrowing difference between average prices for 1995-99 and 2000-04 trucks in some of the months since the mandate’s introduction in December 2015. The data comes from Overdrive sister equipment-auction information purveyor TopBid.com. (For a static image of the same graphed data, follow this link.)

Auctions can be a source for a selection of older trucks. As with any truck purchase, do the best you can to document major maintenance and other vehicle-history considerations such as engine hours, mileage, application of use and more.


Is the ELD mandate's pre-2000 exemption simply delaying the inevitable?

Is the ELD mandate’s pre-2000 exemption simply delaying the inevitable?

At least one analyst says yes, within 24 months of the ELD mandate going into effect, “nearly everyone will need an ELD, whether they like ...

There are 4 comments

Your email address will not be published. Required fields are marked *