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.