August saw a return to a relatively steep depreciation in the price of used Class 8 trucks, according to J.D. Power's Chris Visser, although some of the details are yet to fully materialize.
The average retail price for a used Class 8 vehicle in December forged ahead to another monthly record as it cleared $82,000. That was 66% higher compared with a year earlier, ACT Research reported.January 27, 2022
U.S. consumer prices rose slightly in September, led again by sharp increases in the index for used vehicles.
Sales of used Class 8 trucks in January fell compared with a year ago, but the average heavy-duty truck brought 10% more money as customer demand remained strong amid a shortage of trucks, ACT Research Co. reported.February 28, 2019
The sale price of the average Class 8 used truck jumped 13% in September amid ongoing demand for trucks in a market where freight is plentiful and capacity is tight, ACT Research Co. reported.October 26, 2018
Strong demand for used trucks continued in August as the average price of a Class 8 vehicle jumped 16% year-over-year in the midst of a historically strong freight market, ACT Research reported.September 27, 2018
Used trucks are a hot commodity, a reflection of the robust demand for capacity that the trucking industry currently enjoys.May 31, 2018
Ryder System launched a preventive maintenance program for its pre-owned vehicles, the Miami-based company said. Under the program, customers can finance or prepay for their selected preventive maintenance plan when they purchase a pre-owned vehicle, the company said.July 5, 2017