X

Used Class 8 truck pricing ‘better than expected’

Jason Cannon December 4, 2013

The average selling price of Class 8 trucks continues to hold up better than expected, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.

“For the first ten months of this year, prices for used Class 8 trucks were down only 2 percent relative to the same period in 2012,” says Steve Tam, Vice President-Commercial Vehicle Sector with ACT. “This was better than expected.”

Volumes were also up in October, improving 9 percent month over month, Tam added.

The report from ACT provides data on the average used price for the top-selling Class 8 model for each of the major truck OEMs.

Poll

Do you actively capture and use customer data?

Latest

Paccar income, truck sales improving

KEA and ADP holding more PROFIT Clinics

Rush buys Georgia parts & service center

Popular

Rush buys Georgia parts & service center

Alabama Freightliner dealer develops tech training program

Navistar debuts Diamond Renewed used truck reconditioning program

Successful Dealer Award

Click here to read about the award and see the nominees for this year's award.