Preliminary Class 8 same dealer used truck retail sales volumes increased 15% m/m in February, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research.

According to Steve Tam, Vice President at ACT Research, “Used truck retail sales volumes kept the pedal to the metal in February. The gain was stronger than expected, as sales are typically still emerging from the winter freeze this time of year. And interestingly, volumes increased across all three channels.”

Tam concluded, “Though used truck demand remains robust, there are signs of pressure on the freight markets that could unfavorably impact used truck demand, which classically peaks in March.”
ACT’s Classes 3-8 Used Truck report provides data on the average selling price, miles, and age based on a sample of industry data. In addition, the report provides the average selling price for top-selling Class 8 models for each of the major truck OEMs – Freightliner (Daimler); Kenworth and Peterbilt (Paccar); International (Navistar); and Volvo and Mack (Volvo). This report is utilized by those throughout the industry, including commercial vehicle dealers to gain a better understanding of the used truck market, especially as it relates to changes in near-term performance.