Break-even values dictate used truck trade-ins

Row of used trucks

Final numbers for Class 8 used truck sales in April dipped further even as prices continued to fall amid swelling inventories.

With practically no new trucks ordered or sold during the month, already slow-selling used equipment felt the brunt of the COVID-19 pandemic.

ACT Research said same-dealer sales fell 15% from March and 7% from April a year ago. Used trucks were older, sold for less and had fewer miles on the odometer than in March.  

“Most dealers are reporting used truck sales have slowed...

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