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

How would you categorize the state of your business 10 months into 2014?

Latest

Pete ‘show-truck-ready’ 389 now in production

International unveils multi-purpose disaster relief DuraStar

Gerhart Machinery hosts vintage Mack show for 25th year

Popular

McCandless Truck Center acquires Hanson International

Pete ‘show-truck-ready’ 389 now in production

October trailer orders shatter records

Successful Dealer Award

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