September Used Class 8 Truck Volumes Down M/M

Used Class 8 truck same dealer truck sales fell 11% month-over-month in September.

According to ACT Research, which issued the report, “reversed a growth trend that started in February.”  The average price of used Class 8 trucks rose 1% month-over-month while remaining steadily lower in the long term.

“All three market segments posted weaker volumes, with declines across all three time comparisons,” said Steve Tam, ACT’s Vice President. He added, “The retail market segment fared the best, marking only a 1% decline month-over-month, while the auction and wholesale markets took the biggest hits, falling 45% and 25% month-over-month, respectively.”

Tags: Used class 8

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