kscarbel2 Posted October 27, 2016 Share Posted October 27, 2016 Heavy Duty Trucking / October 26, 2016 Used Class 8 same-dealer truck sales fell sharply in September, reversing a growth trend that started in February. Truck sales dropped 11% compared with the previous month. The average price of used Class 8 trucks increased 1% over the same period. Industry analysts believe that prices will remain steadily lower in the long term. The used truck market saw a late summer surge through August with strong sales across all market segments. However, September’s numbers suggest the boom in used truck sales may be over for now. “All three market segments posted weaker volumes, with declines across all three time comparisons,” said one analyst. “The retail market segment fared the best, marking only a 1% decline month-over-month, while the auction and wholesale markets took the biggest hits, falling 45% and 25% month-over-month, respectively." Quote Link to comment Share on other sites More sharing options...
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