Class 8 Truck Prices Hold Steady in October
The average selling price of total reported used 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% relative to the same period in 2012,” said Steve Tam, Vice President-Commercial Vehicle Sector with ACT. “”This was better than expected. Volumes were also up in October, improving 9% month over month,” he 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 OEM’s – Freightliner (Daimler); Kenworth and Peterbilt (Paccar); International (Navistar); and Volvo and Mack (Volvo). More info at http://www.actresearch.net.
ACT is the worldwide leading publisher of new and used commercial vehicle (CV) industry data, market analysis and forecasting services for the North American market, as well as the U.S. tractor-trailer market and the China CV market. ACT’s CV services are used by all major North American truck and trailer manufacturers and their suppliers, as well as the banking and investment community.
Category: Featured, General Update, Vehicles
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