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September Used Class 8 Truck Volumes Down M/M, ACT Research

October 27, 2016, 06:55 AM
Filed Under: Trucking

Used Class 8 truck same dealer truck sales fell 11% month-over-month in September. The drop reversed a growth trend that started in February, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research. The average price of used Class 8 trucks rose 1% month-over-month while remaining steadily lower in the long term.

“All three market segments posted weaker volumes, with declines across all three time comparisons,” said Steve Tam, ACT’s Vice President. He added, “The retail market segment fared the best, marking only a 1% decline month-over-month, while the auction and wholesale markets took the biggest hits, falling 45% and 25% month-over-month, respectively.”

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).

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