News Used Class 8 retail sales fall in October with the average price down 2%

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According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 retail volumes (same dealer sales) were down 19% month-over-month.

U.S. Used Trucks Classes 3-8 report and database covers an estimated 40% of the used truck market. With dealer remarketers and independent dealerships reporting transaction-level data monthly, this report, combined with ACT’s other work, provides insight into the total capacity of the market.​

Average mileage was flat, with the average price down 2% and age up 5%, m/m. Longer term, average price, and miles were higher year-over-year, with price up 15% year-over-year.

the current used truck market such as 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). This report is utilized by those throughout the industry

ACT Research - State of the Industry: U.S. Used Truck Classes 3-8

ACT’s State of the Industry: U.S. Used Trucks Classes 3-8 report and database covers an estimated 25% of the used truck market. With dealer remarketers and independent dealerships reporting transaction-level data monthly, this report, combined with ACT’s other work, provided insight into the...

www.actresearch.net