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Used Class 8 truck same-dealer sales increased in October, according to ACT Research, offsetting the decline reported in September.
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Kenworth has introduced its Certified Pre-Owned Program, which is exclusive to Kenworth dealers and Paccar Financial Used Truck Centers.
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Peterbilt is expanding its Red Oval certified pre-owned truck program to include PacLease trucks with the complimentary Red Oval Assurance Warranty.
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Used Class 8 same-dealer truck sales fell in September, reversing a growth trend that started in February, according to ACT Research.
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Used Class 8 truck sales saw a summer sales surge that could indicate that fleets are opting to buy used trucks instead of newer models, according to an ACT Research report
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Used Class 8 truck same-dealer sales volumes were down in July but still on an upward trend overall, according to an ACT Research report.
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So far in 2016, auction prices have decreased less than 3% per month compared to nearly 5% per month in the second half of 2015.
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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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Class 8 auction volume has remained steady but well below the second half of 2015, according to analysis of the commercial truck market by the National Automobile Dealers Association.
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