Equipment

January Heavy-Duty Used Truck Average Price Sets Record

February 26, 2014

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The average selling price of total reported used Class 8 trucks set a record in January at just over $44,000, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.

“Pricing for Class 8 used trucks edged up slightly month-over-month in January, but was meaningfully stronger than prices of a year ago, up 15%,” said Steve Tam, vice president-commercial vehicle sector with ACT.

“Based on the assumption of satisfying some of the pent up demand, prices are expected to cool slightly in 2014, ranging from flat to down 5%” he added.

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