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Used Class 8 Truck Same Dealer Sales Decline in April, Up 1% Y/Y

May 26, 2017, 07:04 AM
Filed Under: Trucking

Class 8 same dealer used truck sales volumes dropped in April, breaking a three-month run of double-digit gains, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research. Total volumes for the dealers in ACT’s sample continue to show modest improvement for long-term comparisons. “All three market segments posted short-term declines,” said Steve Tam, Vice President at ACT Research. He continued, “Longer term, results were mixed, with retail maintaining a lead over last year and year-to-date.”

Used Class 8 exports closed a surprisingly strong first quarter with the highest March number on record. Relative to the first quarter of 2016, total exports are up significantly year-to-date. “Some of the early spring bump may be attributed to a subtly softer U.S. dollar, which is helping relieve pent up foreign demand,” noted Tam.

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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