used sales
Used Class 8 Sales Decline 16.3% Year-Over-Year in July
Used sleepers on a sales lot. (Ameritruck)
Used Class 8 vehicles in July were, on average, younger, cost less and had about the same mileage compared to a year earlier, ACT Research reported.
August 27, 2020ACT Research: Used Truck Prices Fall 15% in November
A 2016 Kenworth T270 flatbed truck at a dealership in Dallas. November prices on used Class 8 trucks fell 15% to $40,320, down from $47,371 a year ago. (Shutterstock)
Sales volume and prices of used Class 8 trucks were substantially down in November, according to ACT Research.
December 19, 2019Fleets Can Get Quality Equipment, Financial Flexibility With Used Trucks
A bid catcher takes bids during an auction at Ritchie Brothers in Fort Worth, Texas. (Ritchie Bros. Auctioneers)
Motor carriers that typically purchase new trucks sometimes find themselves in situations where it is expedient to buy used trucks.
December 11, 2019Price, Sales of Used Class 8 Trucks Drop 19%
A 2016 Kenworth T270 flatbed truck at a dealership in Dallas. The average heavy-duty truck price in October was $37,981 compared with $45,313 a year ago. (Shutterstock)
The price of the average used Class 8 vehicle in October skidded, as did estimated industry sales, with each falling 19% compared with a year earlier, ACT Research reported.
November 26, 2019Used Truck Market in July Underscores Buyers Are Leaving
A 2016 Kenworth T270 flatbed truck at a dealership in Dallas. The average Class 8’s sales price increased 2% to $46,442 compared with $45,455 a year earlier. (Shutterstock)
Sales of used Class 8 trucks under $50,000 continued to fall during July, which helped drive up the average sales price, but at the same time underscored certain buyers have exited the market, according to ACT Research.
August 29, 2019Used Class 8 Prices Up 6% in a Year as Inventories Increase
Used trucks sit for sale at a sales lot. (Werner Fleet Sales via Facebook)
The average used Class 8 truck brought a higher sales price in May than in the same month a year earlier, but with inventories gradually building and growth in the freight market slowing down after last year’s boom, analysts are divided on the long-term outlook for values.
June 27, 2019Used Class 8 Prices Rise as Inventory Tightens and Demand Slows, ACT Reports
John Sommers II for Transport Topics
The price of the average used Class 8 truck in November rose by $8,000 to $47,675 compared with a year earlier as inventory tightened, ACT Research Co. reported, noting demand for the vehicles is slowing in some quarters.
January 3, 2019Used Truck Prices, Sales Climb in July
Used International trucks. (Rechtien International Trucks)
Used truck sales rose in July, as did the average price in a hot market where finding inventory to buy or sell is a challenge, ACT Research Co. reported.
August 28, 2018Prices Rise 3% in March as Used-Truck Volumes Remain Strong
John Sommers II for Transport Topics
The average Class 8 truck sold in March underscored that more mileage on a younger truck need not be a detriment to a higher sales price — as the overall volume stayed in the mid-20,000 range.
April 26, 2018February Used Class 8 Sales Steady as Market Sheds Excess Inventory
Ritchie Bros./Facebook
Sales in February of used Class 8 trucks were flat year-over-year with the average price showing a modest uptick, ACT Research Co. reported as the formerly oversupplied market is in better shape.
April 4, 2018