Used Class 8 truck sales continue wave-like pattern in November
Used Class 8 volumes (same dealer sales) reversed course again in November, falling month-over-month and more than offsetting October’s gain, according to the latest preliminary numbers from ACT Research. The report also indicated that used Class 8 same dealer sales volumes have dropped year-over-year, but remained stronger year-to-date. Average age was virtually unchanged, down just
Used Class 8 volumes in October recovered September’s loss
Preliminary same-dealer sales of used Class 8 trucks reversed course again in October, rising 10% month-over-month and offsetting September’s 10% decline, according to the latest numbers from ACT Research. ACT also indicated that used Class 8 same dealer sales volumes rose 9% year-over-year. Average mileage dropped 1% and average age declined 2% from a year
Used truck prices rise in September
The average price of total used Class 8 trucks in September rose 3% month-over-month and fared even better, up 9% year-to-date, when compared to the first nine months of 2017, according to the latest numbers from ACT Research. The report also indicated used Class 8 same dealer sales volumes rose 9% year-over-year, while average mileage
Used truck prices fell 1% in July; downward pricing pressure expected
The average price of total used Class 8 trucks in July was virtually flat, down 1%, on a month-over-month basis, but fared better when compared to July 2017, according to the numbers from ACT Research Co. The report also indicated used Class 8 same dealer sales volumes rose 12% year-over-year, while average mileage was unchanged
Used truck prices strong in May as equipment supply remains tight
According to the numbers from ACT Research Co., used truck sales declined 3% month-over-month in May, but sales are up 12% year-to-date compared to 2017. ACT noted that sales usually fall in May so this drop was not unexpected. The report also indicated that the average price of total used Class 8 trucks rose 11%
April used Class 8 truck sales flat month-over-month
Despite short-term stability, used Class 8 truck sales volumes were up 10% year-to-date, according to the numbers from ACT Research Co. The report also indicated that the average price of total used Class 8 trucks rose 2% year-over-year, while average mileage fell 1% y/y and the average age of used Class 8 trucks dropped 4%
Used truck sales rise in March
Used Class 8 truck same dealer sales volumes improved for the third consecutive month, rising 1% on a year-over-year basis according to the numbers from ACT Research. The report also indicated that the average price of total used Class 8 trucks rose 3% y/y, while average mileage was up 1% y/y and the average age
Kenworth debuts new certified pre-owned truck website
Kenworth Truck Co. has launched a dedicated website for its Kenworth Certified Pre-Owned program: KenworthCertified.com. The website features a listing of pre-owned certified trucks from participating Kenworth dealers. The website also contains program information, including a downloadable brochure, program benefits and eligibility requirements, as well as specific information related to pre-owned PACCAR engines warranty coverage.
Used truck sales climb in August
Class 8 same-dealer used truck sales volumes gained some ground in August, following two consecutive months of declines, according to ACT Research Co. “Channel analysis indicates that August was the second best sales month this year,” said Steve Tam, vice president at ACT Research. “The retail and wholesale market segments fared well, posting gains of
SelecTrucks launches new promotion
SelecTrucks has announced the launch of its All-Star LineUp promotion, which will run from now through Dec. 31. When purchasing an eligible vehicle, customers can choose one of the following options: Down Payment Match: SelecTrucks will match 100% of your down payment up to $3,000. Upgraded Warranty: SelecTrucks will upgrade your warranty to 12/100 Select