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November Class 8 Used Truck Volumes Falter

December 23, 2015, 07:00 AM
Filed Under: Trucking

Used Class 8 truck metrics continued to be mixed in November. Unit sales shrank 23% m/m, despite longer term comparisons being flat to slightly up, with same dealer sales volumes gaining 4% y/y and 1% YTD relative to the same period in 2014, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.

“Average mileage of used Class 8 trucks was essentially unchanged m/m in November, also recording a second consecutive 7% y/y decline. We expect the YTD mileage numbers, now 8% lower than 2014, to remain low, as new truck buyers have shortened their trade cycles,” said Steve Tam, ACT’s Vice President-Commercial Vehicle Sector. Tam added, “The average age of Class 8 used trucks sold in November saw a 1% increase to 91 months, while the average price of these vehicles fell 1% m/m during the same period.”

The report from ACT provides data on the average selling price, miles, and age based on a sample of industry data. In addition the report provides the average selling price for top-selling Class 8 models for each of the major truck OEMs – Freightliner (Daimler); Kenworth and Peterbilt (Paccar); International (Navistar); and Volvo and Mack (Volvo). For subscription information to the full report, please go to our web site at

ACT is the worldwide leading publisher of new and used commercial vehicle (CV) industry data, market analysis and forecasting services for the North American market, as well as the U.S. tractor-trailer market and the China CV market. ACT’s CV services are used by all major North American truck and trailer manufacturers and their suppliers, as well as the banking and investment community.

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