Total reported volumes of used Class 8 trucks improved to 2,078 units in December, rising by 8% month over month, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.
“For total 2014, used Class 8 truck volumes were down 5%, and average miles decreased by 2%, said Steve Tam, Vice President-Commercial Vehicle Sector with ACT. “Pricing was up 18% even though the average age rose by 2%. We look for pricing to continue their growth in 2015, but at a decreasing rate.”
The report from ACT 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 OEM’s – Freightliner (Daimler); Kenworth and Peterbilt (Paccar); International (Navistar); and Volvo and Mack (Volvo). For subscription information to the full report, please go to our web site at http://www.actresearch.net.