U.S. Class 8 Used Truck Volumes UP M/M, Flat Y/Y and YTD in September

Used Class 8 truck metrics were mixed in September, with same dealer sales inching closer to the six-month moving average.

According to ACT Research, which issued the report, “volumes gained 8% m/m, but were up just 1% y/y, while average mileage remained flat m/m, dropping 8% y/y.”

The average age of U.S. Class 8 used trucks climbed to 93 months, while average prices softened further, slipping 4% m/m and 8% y/y.

“According to our dealer conversations, used truck sales continue to be strong overall, but some dealers have reported a slowdown in used truck sales, with the summertime lull hanging on a little longer than usual,” said Steve Tam, ACT’s Vice President-Commercial Vehicle Sector. Tam added, “One factor affecting used truck sales is that the new truck model year is looming, meaning trucks are close to celebrating their model year birthday.”

Category: Featured