According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks by ACT Research, same dealer used Class 8 retail truck sales increased month over month for a second time in September. The 2.4% M/M gain was just about on pace with the expected seasonal performance.
“September is typically the fourth best sales month of the year, running more than 5% above average. The auction market poured on the steam in typical quarter-end fashion. Auction volumes surged 37% higher M/M in September. Dealers also found it easier to sell amongst themselves. The wholesale channel advanced 11% M/M. Combined, total market same dealer sales volumes rose 15% M/M in September. Compared to September 2024, the retail market was 4.6% stronger,” Steve Tam, vice president at ACT Research, said. “Relative to August, average miles dipped 1.3% M/M, to 410,000. Miles were 4.2% lower Y/Y. Trucks sold in September were slightly older M/M (+1.2%) and aged even more Y/Y (+4.2%) at 79 months,” Tam explained.
