Used Class 8 Truck Same Dealer Sales Declined in June

Class 8 same dealer used truck sales volumes slipped slightly in June, falling 3% month-over-month, according to ACT Research.

“Channel analysis shows that both the auction and retail market segments saw declines, while the wholesale market improved,” said Steve Tam, Vice President at ACT Research. He continued, “The decline was not totally unexpected, given the stronger than anticipated sales in May.”

Some dealers are reporting that used truck sales have improved, but all agree they could be better. “The industry continues to struggle with more used late model aerodynamic sleeper trucks available than buyers,” said Tam. “As a result of the excess inventory pressure, prices are still falling for these vehicles,” he concluded.

Category: Featured