Class 8 Used Truck Sales Remain Flat in April

Total reported volumes of used Class 8 trucks inched to 2,806 units in April, virtually unchanged month-over-month, but up 1 % year-to-date, according to ACT Research.

“The strength came solely on the backs of retail dealers, who added 5% m/m,” said Steve Tam, Vice President-Commercial Vehicle Sector with ACT. “Auctions and wholesale transactions both sagged, losing 16% and 8%, respectively.”

Equivalent miles and a slight reduction in age were all that were needed to resurrect price appreciation, which faltered in March. Prices rose 2% m/m, to a new record of $49,800 in April.

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