Class 8 Used Truck Volumes Flat in October, Prices Up

Total reported volumes of used Class 8 trucks were flat in October, rising by 1% month over month, according 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 OEM’s – Freightliner (Daimler); Kenworth and Peterbilt (Paccar); International (Navistar); and Volvo and Mack (Volvo).

Category: Featured, General Update, Vehicles