Total reported volumes of used Class 8 trucks increased by 1% month-over-month, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.
“The month-over-month gain came from the retail market which rose 4%, but results were tempered by softer activity in the auction and wholesale segments,” said Steve Tam, Vice President-Commercial Vehicle Sector with ACT.
Meanwhile, the average selling price of total reported Class 8 trucked continued on a record-setting pace, up 19% year-over-year.
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). For subscription information to the full report, please go to our web site at http://www.actresearch.net.