Average Used Class 8 Price Drops 6.9% in September
The price of the average used Class 8 truck sold in September dropped below year-ago levels for the second consecutive month as sales fell, too, ACT Research reported.
Tight Used Truck Market Spurs Higher Prices in February
Sales of used Class 8 trucks dropped amid ongoing tight inventory in February and high demand as the average truck’s price climbed above $48,000, ACT Research Co. reported.
Used Class 8s Cost More in December; Sales Flat
The average used Class 8 in December was slightly older, had more mileage and sold for 9% more compared with a year earlier, as sales were flat, according to ACT Research Co.
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.