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Used Truck Sales Flat in April

The total reported volume of Class 8 truck sales in April remained nearly unchanged month to month but were up 1% to 2,806 units, according the latest report by ACT Research.

by Staff
May 21, 2015
Used Truck Sales Flat in April

 

1 min to read


Class 8 truck sales in April remained nearly unchanged month to month but were up 1%  year to date to 2,806 units, according the latest report by ACT Research.

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Despite the flat numbers, ACT said sales beat expectations, thanks to an increased contribution from retail dealers. Sales from auctions and wholesale both fell in April, by 16% and 8% respectively.

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“The strength came solely on the backs of retail dealers, who added 5% month over month,” said Steve Tam, vice president of commercial vehicle sector with ACT.

Price appreciation rose by 2% compared to March, thanks to used vehicles having equivalent mileage and a slight reduction in age, to a new record of $49,800.

All numbers were based on ACT’s State of the Industry: U.S. Classes 3-8 Used Trucks. The report provides data on average selling price, miles and age based on a representative sampling of the industry.

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