used sales

Business, Equipment

ACT Research: Used Truck Prices Fall 15% in November

A Kenworth used Class 8 truck 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.

Jim Stinson | Staff Reporter
December 19, 2019
Business, Equipment

Fleets Can Get Quality Equipment, Financial Flexibility With Used Trucks

Ritchie Bros. bid catcher 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.

Stephen Bennett | Special to Transport Topics
December 11, 2019
Business, Equipment

Price, Sales of Used Class 8 Trucks Drop 19%

A 2016 Kenworth T270 flatbed truck 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.

Roger Gilroy | Senior Reporter
November 26, 2019
Business, Equipment

Used Truck Market in July Underscores Buyers Are Leaving

Kenworth trucks 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.

Roger Gilroy | Senior Reporter
August 29, 2019
Business, Technology, Equipment

Used Class 8 Prices Up 6% in a Year as Inventories Increase

Used Class 8 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.

Jim Stinson | Staff Reporter
June 27, 2019
Business, Equipment

Used Class 8 Prices Rise as Inventory Tightens and Demand Slows, ACT Reports

Used truck dealership 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.

Roger Gilroy | Senior Reporter
January 3, 2019
Business, Equipment

Used Truck Prices, Sales Climb in July

Used Truck Prices 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.

Roger Gilroy | Senior Reporter
August 28, 2018
Business, Equipment

Prices Rise 3% in March as Used-Truck Volumes Remain Strong

Used Truck sales 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.

Roger Gilroy | Senior Reporter
April 26, 2018
Business, Equipment

February Used Class 8 Sales Steady as Market Sheds Excess Inventory

Used 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.

Roger Gilroy | Senior Reporter
April 4, 2018
Business

Used Sales Dip on Economic Concerns, Limited Low-Mileage Models, ACT Says

Sales of used Class 8 vehicles slipped 3.1% in January from the same month last year as limited inventories and economic concerns put a damper on purchases, ACT Research reported.

March 11, 2013
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