Used Class 8 truck same dealer sales volumes improved for a second consecutive month in February, according to the latest data from ACT Research.
“Total volumes were also higher year over year compared to February 2016, and year-to-date relative to the same time period last year,” said Steve Tam, ACT’s vice president.
All three market segments (auction, retail and wholesale) contributed to the growth.
However, the average price of used Class 8 trucks fell month over month in February and year over year. Year-to-date, values are down compared to the same period in 2016.
“We expect pricing to remain at or near current levels throughout 2017,” Tam said.
Like this story? Begin each business day with news you need to know! Register now for FREE Daily E-News Broadcast and start YOUR day informed!