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Used Trucks

Despite Slowdown, Used Truck Sales Remain Strong

Used Class 8 same dealers sales were down 10% in June and prices remained essentially flat, but this used truck dealers say that at current levels, sales and prices are still strong, according to ACT Research.

Class 8 Orders Remain Strong, Medium-Duty Consistent

Orders for Class 8 trucks moderated from the record-setting levels of this summer, but were still 21% better than a year ago, according to ACT Research, while used-truck sales improved over September. However, cancellations rose.

Used Truck Prices up 9% Over Last Year

Record-setting orders for new Class 8 trucks are apparently not creating a used-truck glut, if used-truck prices are any indication. However, the growth in prices is expected to slow.

Used Trucks Remain a Buyer’s Market

Used truck prices stayed relatively flat in July but remained at favorable levels compared with the same month a year ago, according ACT Research.