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Same-dealer sales volumes of Used Class 8 trucks recovered in June, posting a double digit month-over-month increase following a sharp decline in May.
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Used Class 8 same-dealer truck sales volumes took a steep downturn in May, declining by 18% compared to April, according to ACT Research.
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Used Class 8 same-dealer sales volumes fell in April, ending an upward trend from the past few months, according to the latest numbers from ACT Research.
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Three- to five-year-old trucks lost about 10% of their retail value and 2.5% of their wholesale value from the fourth quarter of last year to the first quarter of this year.
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Used Class 8 Truck volumes rebounded nicely in February following a disappointing month of sales in January, reports ACT Research.
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ACT Research said the Used Class 8 truck market was mixed in January with a significant decrease in sales coupled with falling mileage, increasing average age and flat pricing.
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Technology will boost productivity and truck utilization to where demand for equipment will greatly decline, one researcher says.
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Daycab and construction trucks behave differently than highway tractors in the used commercial truck market, say analysts at NADA Used Car Guide, a division of J.D. Power and Associates.
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Used Class 8 truck sales were mixed in November, decreasing 23% from the previous month but gaining slightly for the year.
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Analysts at the NADA Used Car Guide say commercial-truck wholesale auction volume dropped "dramatically" during November, while incoming fourth quarter sales data appeared to look stronger than expected.
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