Used Class 8 prices surprisingly increase from September

From Transport Topics.

The average retail price for a used Class 8 in October climbed as expected year-over-year, but surprised with a very modest upturn compared with September’s price, ACT Research reported.

ACT’s preliminary data, which it will finalize with numerical values later this month, showed the year-over-year average retail price was 14% higher, with average miles and age greater by 1% and 2%, respectively.

Month-over-month, the average retail price ticked up 1%, while average miles declined 1%, and average age increased 3% from September’s readings.

See the complete article from Transport Topics online.