Pricing gains suggest used truck market is still robust

Oct 2, 2012 10:50 AM

Pricing continues to be the most interesting and watched of  the used truck market metrics. In August, pricing was up for all three time  period comparisons, month over month, year over year, and ytd/ytd. Volumes also  increase month over month, but remained well below pace for other time period  comparisons. The update on the used market was reported in the latest release  of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by  ACT Research. 

  “One  positive note from August activity is that earlier concerns about excessinventory seem to have been relatively isolated and are waning,” said SteveTam, vice-president of the commercial vehicle sector with ACT.  

 

    

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