The average selling price of total reported used Class 8 trucks continues to hold up better than expected, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.
“For the first ten months of this year, prices for used Class 8 trucks were down only 2% relative to the same period in 2012,” said Steve Tam, vice president-Commercial Vehicle Sector with ACT.
”This was better than expected. Volumes were also up in October, improving 9% month-over-month,” he added.