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March 28, 2017 11:00 AM, EDT

Used Class 8 Truck Sales Continue to Climb

John Sommers II for TT

Used Class 8 truck same dealer sales volumes improved for a second consecutive month in February, according to ACT Research Co.

“Total volumes were also higher year-over-year compared with February 2016, and year-to-date relative to the same time period last year, ACT Vice President Steve Tam said in a statement.

All three market segments — auction, retail and wholesale — contributed to the growth, ACT said.

At the same time, the average price of used Class 8 trucks fell month-over-month in February and year-over-year, ACT said.

Year-to-date, values are down compared with the same period in 2016. “We expect pricing to remain at or near current levels throughout 2017,” Tam noted.