Fleet Management

Used Truck Prices Up in January as Volumes Slip

February 27, 2012

SHARING TOOLS        | Print Subscribe
Used Class 8 truck price appreciation was prevalent in January sales in the retail and wholesale channels, according to ACT Research.

The sole weak spot was the month-over-month change in auction results, according to ACT's State of the Industry: U.S. Classes 3-8 Used Trucks. Strength in pricing is once again attributed to soft volumes.

"Despite January's results, we expect year-over-year pricing growth will continue to slow over the longer term," reports Steve Tam, vice president-commercial vehicle sector with ACT. "We believe that as more new trucks are purchased and trade-ins ultimately become available as used trucks, availability of inventory will take the pressure off pricing."

Comment On This Story

Comment: (Maximum 2000 characters)  
Leave this field empty:
* Please note that every comment is moderated.


We offer e-newsletters that deliver targeted news and information for the entire fleet industry.



The expert, Mark Betner from CITGO, will answer your questions

View All



The expert, Rence Oliphant from Hendrickson, will answer your questions

View All