ACT: Used Class 8 Truck Same Dealer Sales Climb in August

Class 8 same dealer used truck sales volumes gained some ground in August, following two consecutive months of declines, according to the latest data from ACT Research.

“Channel analysis indicates that August was the second-best sales month this year,” said Steve Tam, vice president at ACT Research. “The retail and wholesale market segments fared well, posting gains of 11% and 19% month over month, respectively.”

The average price of total reported used Class 8 trucks fell 3% sequentially in August, erasing July’s 2% gain.

“After several months of fluctuation within a very narrow band, the average price has moved to a slight downward trend,” Tam said. “At $38,600 in August, it was the lowest point since early 2011.”

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
Susie Angelucci
Advertising: 484.459.3016

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.