Demand remains slack but prices for used Class 8 trucks appear to be firming, according to industry watchers.
Used Class 8 same dealer sales volumes dropped 12% in May compared to April. Year-over-year sales were down 20% compared to May 2019. Sales are up 2% for the first five months of the year, according to ACT Research.
Average prices and mileage exceeded April by 2% and 1% respectively.
“Dealers are reporting that low used truck prices and high inventories were challenges before COVID-19...
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