used sales
Some Used Vehicles Now Cost More Than Original Sticker Price
Used vehicles sit in a Colorado lot in November 2020. (David Zalubowski/Associated Press)
When it was new, the window sticker price on a typical 2019 Toyota Tacoma SR double cab pickup was just under $29,000. Two years later, dealers are paying almost $1,000 more than that to buy the same vehicle, even though it’s used.
June 23, 2021September Used Class 8 Sales Flat
John Sommers II for Transport Topics
The price of the average used Class 8 sold in September neared $40,000, building on recent gains, and sales were nearly flat compared with a year earlier, ACT Research reported.
October 29, 2020Dealers Jumping Back Into Used Class 8 Market
A used Freightliner for sale at Hammer Truck Sales in Salisbury, N.C. The used Class 8 market is improving, according to ACT Research. (Hammer Truck Sales)
The Class 8 used truck market in August reflected the trend toward improving sales as prices remained below year-earlier levels, conditions that are expected to mark the full year, ACT Research reported.
September 24, 2020Used 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, 2019