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Used Class 8 Sales Flat in October

November 26, 2014

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Class 8 truck sales were essentially flat in October, rising by only 1% over the previous month according to an ACT Research report. The regular report, titled "State of the Industry: U.S. Classes 3-8 Used Trucks," covers the entire used truck market.

“The month over month gain came from the retail market which rose 4%, but results were tempered by softer activity in the auction and wholesale segments,” said Steve Tam, vice president of the commercial vehicle sector at ACT.

Medium duty truck sales saw similarly flat sales and overall prices dropped in October due to an increase in average odometer mileage in Class 6-7.

ACT’s report provides data on average selling price, miles and age based on a sample of industry data as well as information on Class 8 models from each of the major truck OEMs.

To subscribe to the full report click here.

Comments

  1. 1. Mike [ November 29, 2014 @ 08:06AM ]

    I would love to sell my 2008 EGR Cummins, for a glider or well maintained older, early 2000 non emission truck... These newer used trucks, by all accounts, are emission money pits. I know mine has been until I spent hours upon hours on the Internet and calling around to various shops to figure out on how to keep this EGR Cummins motor from breaking down... I can see why used truck sales are down.

 

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