The price of used, Class 8 trucks dropped in March, for the second consecutive month. The findings were reported in the State of the Industry: Classes 3-8 Used Trucks, published by ACT Research.
Steve Tam, ACT vice president commercial vehicle sector said prices are not likely to continue falling but will slowly start to rise at a slow rate.
The report from ACT provides data on the average used price for the top-selling Class 8 model for each of the major truck OEM’s “ Freightliner (Daimler); Kenworth and Peterbilt (Paccar); International (Navistar); and Volvo and Mack (Volvo).
