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Following a surge in October, same-dealer used Class 8 truck sales dropped 17% in November and prices fell by 3%.
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Depreciation among wholesale medium-duty trucks continued to rise through July and August, according to Black Book’s September Specialty Markets report.
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After the first month of the year, depreciation rates for medium-duty trucks are up and overall orders for the segment are down, according to Black Book’s Feb. 7 Market Insights Report.
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