Used truck same dealer retail sales ballooned 23% M/M in March
Retail volumes, price, miles, and age fluctuate for trucks in March.
December used truck retail volumes reflect solid demand
Class 8 used truck retail volumes up 20% MoM, but 25% down YoY according to ACT Research.
Penske expands used truck center footprint
In response to continued industry demand for used vehicles, Penske has increased the footprint of its network of used truck centers with four recently opened locations in Kansas City, Missouri, Chicago, Miami, and Tampa, Fla. “While the majority of our used vehicle sales continue to take place online, our physical used truck centers also remain
August US used truck data is messy in the details
Preliminary used Class 8 retail volumes (same dealer sales) increased 43% month-over-month but were 15% lower compared to August of 2021, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research. Other data released in ACT’s preliminary report included month-over-month comparisons for August 2022, which showed
ACT Research: U.S. used truck prices softening
Preliminary used Class 8 retail volumes (same dealer sales) rose 6% month-over-month, but were 39% lower compared to June of 2021, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research. Other data released in ACT’s preliminary report included month-over-month comparisons for June 2022,
U.S. used truck retail sales close 2021 with 6% increase
Preliminary used Class 8 retail volumes (same dealer sales) grew 4% month-over-month and ended 2021 with a 6% YTD increase, despite dropping 30% y/y in December, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research. Other data released in ACT’s preliminary report included
U.S. used truck retail sales, average price and age up YTD
Preliminary used Class 8 retail volumes (same dealer sales) decreased 22% month-over-month and dropped 23% y/y in November, according to ACT Research. That said, through the first 11 months of the year, activity is 10% higher compared to the same period a year ago, according to the latest preliminary release of the State of the
Used Class 8 retail sales volumes and prices rose YTD in October
According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 retail volumes (same dealer sales) were 6% lower month-over-month. Longer-term volumes were down 20% y/y, but up 13% ytd. Average prices were 3% higher compared to September, 54% more expensive than in
‘Prices are through the roof’ as used truck sales drop in June
According to the latest numbers from ACT Research, preliminary used Class 8 sales dropped 6% month-over-month and 12% year-over-year in June. Other data released in ACT’s preliminary report included month-over-month comparisons for June 2021, which showed that average prices increased 5%, as average miles fell 1% and average age was unchanged compared to May. Compared
March used Class 8 sales, prices rose while average miles fell
According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 volumes (same dealer sales) grew for all time periods, up 28% sequentially, 25% higher y/y, and 13% more on a YTD basis. Average prices were 6% higher compared to February and 20%
Preliminary used Class 8 sales up M/M, Y/Y, YTD
Preliminary used Class 8 volumes (same dealer sales) rose 29% month-over-month and 31% y/y in March, according to ACT Research. Additionally, they were 21% higher on a year-to-date basis compared to this time last year, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT
February Used Class 8 sales volumes fell, average price, miles, age rose
According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 volumes (same dealer sales) fell sequentially (-7% m/m), while average sale price, miles and age were all higher than in January, up 4%, 2%, and 1% m/m, respectively. Longer-term, same dealer sales