ACT: Class 8 used truck volumes flat in July

Aug. 26, 2015
Used Class 8 truck metrics were generally in line from June to July, with average age and miles up an incremental 1% each, ACT Research reports.
Used Class 8 truck metrics were generally in line from June to July, with average age and miles up an incremental 1% each. Compared to last year, average prices were up 2% in July and 6% YTD, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.“Used truck sales remain strong, but some downward adjustment of use truck prices is occurring,” said Kenny Vieth, ACT president and senior analyst. “This is not an unexpected outcome due to the strength of the new truck market and the resulting increase in trade activity.”“Volumes in the retail market posted a strong 10% increase m/m, even as auction and wholesale markets saw declines from strong June activity,” he added.The report from ACT provides data on the average selling price, miles, and age based on a sample of industry data. In addition the report provides the average selling price for top-selling Class 8 models for each of the major truck OEMs – Freightliner (Daimler); Kenworth and Peterbilt (Paccar); International (Navistar); and Volvo and Mack (Volvo). For subscription information to the full report, please go here.

Sponsored Recommendations

Tackling the Tech Shortage: Lessons in Recruiting Talent and Reducing Turnover

Discover innovative strategies for recruiting and retaining tech talent in the trucking industry at our April 16th webinar, where experts will share insights on competitive pay...

Stop Sweating Temperature Excursions

Advanced chemical indicators give you the peace of mind that comes from reliable insights into your supply chains. Compromised shipments can be identified the moment they arrive...

How Electric Vehicles Help You Prolong the Life of Your Fleet

Before adopting electric vehicles for commercial/government fleets, prioritize cost inquiries. Maintenance is essential; understand the upkeep of EV fleets. Here’s what you need...

How to Choose the Right Route Planning Solution

This free buyer's guide will help equip you with the knowledge and insights needed to analyze route planning software and vendors in the market and, ultimately, make an informed...

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!