Drivers

Used Truck Sales Volumes Show Mixed Results for the Year

January 28, 2013

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The wholesale used market was the only segment to grow from 2011 to 2012, up 3%. The auction and retail markets both fell 11%.

The update on the used market was reported in the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.

“Given slow economic growth and the threat of a fiscal cliff, the results for 2012 were not bad,” said Steve Tam, vice president-Commercial Vehicle Sector with ACT. “Prices for Class 8 used trucks were also able to hang onto positive territory year-to-date,” he added.

Total reported Class 8 trucks sold in December saw a modest price increase over November.

 

 

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