Used Class 8 Sales Dip in June Amid Low Inventory
A dip in demand, shortages of vocational trucks and higher prices for the average Class 8 truck marked the used truck market in June, experts said.
Editorial: This Hot Market and Used Trucks
Used trucks are a hot commodity, a reflection of the robust demand for capacity that the trucking industry currently enjoys.
May 31, 2018Sales, Prices Rise in Used Class 8 Market in January
Sales of used Class 8 trucks rose in January as mileage and age fell, and the price of the average vehicle was stable compared with a year earlier, ACT Research Co. reported.
Ritchie Bros. Orlando Auction Offers Used Trucks to Global Buyers
ORLANDO, Fla.— Industrial auctioneer Ritchie Bros. jammed row after row of used equipment in all shapes and sizes riding on tires or treads onto a 232-acre site here to launch its annual premier auction in February, the first since acquiring rival IronPlanet.
Used Class 8 Prices Up in December; Sales Slip on Fewer Days
The average used Class 8 vehicle in December sold for a higher price, had less mileage and was slightly newer compared with a year earlier, according to ACT Research Co.
Used-Truck Sales Climb in September, Powered by Retail Transactions
Sales of used Class 8 vehicles rose 25% in September as the economy churned through inventory and cleared the way for more freight to be moved, ACT Research Co. reported.
October 25, 2017Used Class 8 Sales Climb as Average Price Falls to Six-Year Low
Sales of used Class 8 trucks improved in August, rising 16% year-over-year, while the average price slipped to a six-year low, according to ACT Research Co.
Used Class 8 Truck Sales Rise, Prices Stable in July
Sales of used Class 8 trucks improved in July, rising 19% year-over-year and 20% year-to-date, ACT Research Co. reported.
Used-Truck Sales Up 17% in June as Inventories of Newer, Cheaper, Lower-Mileage Vehicles Grow
Sales of used heavy-duty trucks rose 17% in June as the average previously owned Class 8 truck was newer, had fewer miles and cost less than a year earlier.
Used Truck Volumes Up 35% in May; Pricing Stable as Dealerships Gain Sales
Used truck volumes rose 35% year-over-year in May amid stable pricing that led to gains in dealership sales.